For Sale $142,500
Step back in time and bring your creative vision to this classic 1920s bungalow, perfectly situated in the charming community of Woodfin. This home offers an unbeatable location for those who crave both mountain adventure and urban culture, sitting strategically between the vibrant energy of the River Arts District and the bustling heart of downtown Asheville. Nature lovers will find themselves just minutes from the serene Asheville Botanical Gardens and literally around the corner from the trailhead of the Lookout Mountain Loop and the breathtaking Lookout Observatory. The residence itself serves as a true blank canvas, retaining some of the character of its era while awaiting a full modern reimagining. Whether you are an investor looking for a high-potential project or a homeowner dreaming of restoring a vintage gem to its former glory, the possibilities here are endless. The interior features a cozy living room with a unique fireplace nook currently housing an oil heater; however, please note that there is currently no heat source connected to the home, allowing the next owner to install the high-efficiency system of their choice. For those looking to expand their footprint, the two adjacent lots located directly behind the house are also available (MLS# 4349778 & 4349770). These additional parcels offer a rare opportunity to secure a larger yard, guaranteed privacy, or the flexibility to build a detached garage or an Accessory Dwelling Unit (ADU) for guests or rental income. Outside, the property offers the opportunity to customize your entryway, as off-street parking will need to be created by the new owner. Bring your contractor, your imagination, and your passion for restoration to transform this 1920s treasure into a modern masterpiece.
| List Price: | $142,500 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Other - See Remarks |
| MLS Number: | CAR4349927 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1925 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 12-04-2025 | Under Contract | $375,990 | N/A |
| 11-06-2025 | Price Decrease | $375,990-1.83% | N/A |
| 10-10-2025 | Listed | $382,990 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 1 miles | PK-05 | 8 |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| 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.
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 |
| 117 Lookout Road, Asheville NC | 0 mi | $142,500 | days | |
| 130 Lookout Road, Asheville NC | 0 mi | $172,000 | days | |
| 8 Apple Lane, Asheville NC | 0 mi | $520,000 | days | |
| 131 Lookout Road, Asheville NC | 0.1 mi | $182,000 | days | |
| 3 Ravine Extension, Woodfin NC | 0.2 mi | $425,000 | days | |
| 78 and 80 Taylor Street, Woodfin NC | 0.3 mi | $150,000 | days |
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 |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By BHGRE Integrity Partners
117 Lookout Road, Asheville NC is a 0 ft2 on a 0.160 acres Appraisal lot. This is for $142,500. This has 2 bedrooms, 1 baths, and was built in 1925.
Based on information submitted to the MLS GRID as of 2026-07-21 04:48:00 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.
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