281 Rose Hill Road, Asheville, NC 28803
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: bill palas
Office: appalachian realty associates
MLS#:4381994
Source:CH
Price summary
- Price:$498,600
- Price per sq. ft.:$342.21
About this home
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.
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Home facts
- Year built:1957
- Listing ID #:4381994
- Updated:May 26, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
- Basement Description:Garage Door
- Living area:1,457 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Heat Pump, Propane
- Central air:Yes
Structure and exterior
- Roof:Fiberglass, Metal
- Year built:1957
- Building area:1,457 sq. ft.
- Lot area:1.03 Acres
- Lot Features:Level, Wooded
- Architectural Style:Ranch
- Construction Materials:Cedar Shake
- Foundation Description:Basement
- Levels:1 Story
Schools
- High school:AC Reynolds
- Elementary school:Oakley
Utilities
- Water:Well
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$498,600
- Price per sq. ft.:$342.21
Features and amenities
- Laundry features:Main Level
- Amenities:Open Floorplan, Walk-In Closet(s)
Parking
- Parking description:Basement, Driveway
- Garage:Yes
- Garage spaces:1
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