1055 Riverside Drive, Asheville NC
- 2 Bed
- 1 Bath
- 745 ft2
- 0.2 ac
For Sale $250,000
Remarks:
If you've been looking for a property that combines lifestyle and a proven rental track record, this one's worth a close look. 1055 Riverside Drive has consistently delivered strong rental income over the past several years, and it's easy to see why — the location does a lot of the work for you. Step right out your door onto the greenway, which leads directly to Silverline Park on the French Broad River. From there, you're close to the future site of the Whitewater Wave, an in-stream feature currently under construction and expected to be completed by fall 2026, along with UNC Asheville, making this a natural fit for student or faculty renters, or anyone who wants easy access to campus without giving up the river-town feel of Woodfin. Pennycup Coffee is right nearby, and the growing stretch of Riverside Drive also puts Zillicoah Beer Co., Beer City Bicycles, Iron & Oak Brisket Co, and French Broad Chocolate Factory & Café within easy reach. This is a location with tremendous upside — as the Whitewater Wave and the greenway extension continue to develop, this stretch of Riverside Drive is only positioned to become more desirable. Inside, you'll find a smart, easy-to-maintain layout: an eat-in kitchen that opens to the living room, two bedrooms including a primary, and a full bath. A covered front porch overlooks the French Broad River, sitting high enough to avoid flood risk, with no reported flood damage. There's also a basement below for additional storage. The fenced-in yard rounds things out, adding privacy and everyday livability whether you're renting it out or settling in yourself. What really sets this property apart, though, is what's not visible at first glance. This house has had a genuine top-to-bottom systems overhaul, including a new roof in 2020, fully upgraded electrical circuits, new plumbing both under the house and out to the street, a French drain system, mini-split heating and cooling, and a retaining wall for added stability and peace of mind. Whether you're an investor looking for a turnkey rental with a strong history, or a buyer who wants to live minutes from the river and the park, 1055 Riverside Drive checks a lot of boxes.
General Information:
| List Price: | $250,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 745 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4397717 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1927 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Woodfin/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-31-2026 | Under Contract | $250,000 | $336 |
| 08-27-2026 | Listed | $250,000 | $336 |
| 01-28-2026 | Price Decrease | $360,000-6.49% | $484 |
| 01-13-2026 | Price Decrease | $385,000-2.53% | $517 |
| 12-31-2025 | Price Decrease | $395,000-1.00% | $531 |
| 11-17-2025 | Listed | $399,000 | $536 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 2 miles | PK-05 | 8 |
| Claxton Elementary | 2 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1055 Riverside Drive, Asheville NC | 0 mi | $250,000 | days | |
| 1057, 1061, 1063 Riverside Drive, Asheville NC | 0 mi | $1,690,000 | days | |
| 1057 Riverside Drive, Asheville NC | 0 mi | $637,000 | days | |
| 1061 Riverside Drive, Asheville NC | 0 mi | $592,000 | days | |
| 1061 and 1063 Riverside Drive, Asheville NC | 0 mi | $1,160,000 | days | |
| 1063 Riverside Drive, Asheville NC | 0 mi | $587,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28804
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
1055 Riverside Drive, Asheville NC is a 745 ft2 on a 0.180 acres Appraisal lot. This is for $250,000. This has 2 bedrooms, 1 baths, and was built in 1927.
Based on information submitted to the MLS GRID as of 2026-08-27 06:33:44 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Share
