281 Rose Hill Road, Asheville, NC 28803

$500,000
3
BD
3
BA
1,457
SqFt

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Listing courtesy of Appalachian Realty Associates. bpalas@bellsouth.net

Sold listing courtesy of Howard Hanna Beverly-Hanks Freestone Properties

Sold Price
$500,000
List Price
$498,600
MLS#
4381994
Status
CLOSED
Days on Market
35
Property Type
Residential
Architectural Style
Ranch
Year Built
1957
Closing Date
Jun 23, 2026
Bedrooms
3
Bathrooms
3
Full Baths
3
Lot Size
44,866
Lot Size Area
1.03
Living Area
1,457
Sq Ft Total
1457
County
Buncombe
Subdivision
none
Building Name
none
Special Conditions
None

Property Description

This lovely brick and cedar-shingle ranch home, located just 15 minutes SE of downtown Asheville, sits on a mostly wooded 1.03 acre lot in the Reynolds Community. The immediate neighborhood is rural with a 50-acre horse ranch surrounding the property on three sides. The main home has 2 bedrooms and 2 full baths all on the main level with a full drive-in basement below. Recent upgrades include: new metal roof, well pump, AC unit, and septic upgrade. Also included with this property is a 480 sq. ft. guest cottage. Both the main home and the guest cottage have been used as successful short term rentals in the recent past. Furnishings can convey with both the home and cottage. This is a unique opportunity as a family compound, multiple short or long term rentals, or live in the main house and rent out the guest cottage for supplemental income. Seller will consider owner financing for a qualified buyer with a 20% down payment.

Additional Information

Community Features
None
Fireplace
Yes
Interior Features
Open Floorplan, Walk-In Closet(s)
Floor Coverings
Tile, Wood
Equipment
Dishwasher, Refrigerator
Foundation
Basement
Main Level Rooms
Living Room, Kitchen, Primary Bedroom, Bedroom(s), Bathroom-Full, Bathroom-Full
Laundry Location
Mud Room, Main Level, Washer Hookup
Heating
Central, Electric, Heat Pump, Propane
Water
Well
Sewer
Septic Installed
Exterior Construction
Brick Partial, Cedar Shake
Roof
Fiberglass, Metal
Parking
Basement, Driveway, Garage Faces Side
Driveway
Gravel
Lot Description
Level, Wooded
Elementary School
Oakley
Middle School
AC Reynolds
High School
AC Reynolds
Zoning
R-LD
Total Property HLA
1457
Master on Main Level
Yes

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Calculator source: Real Geeks

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