For Sale $587,000
Positioned just 10 minutes from Downtown Asheville and five minutes from the Biltmore Estate, this fully furnished, turnkey short-term rental puts guests within easy reach of two of the area’s biggest tourism drivers. The property has an established short-term rental history and strong guest reviews, giving investors an operational asset. Long-range mountain views, a private movie theater, multiple gathering spaces, outdoor dining, and a gas grill add booking appeal while also creating a comfortable setting for everyday living and entertaining. Built in 2023, the home offers the advantages of newer construction in a market where much of the competing inventory is older. An attached garage provides additional functionality along with potential value-add opportunities for an investor looking to further enhance the guest experience or utility of the property. Convenient access to Asheville’s restaurants, breweries, shopping, arts, and outdoor recreation adds to its appeal for both visitors and full-time residents. For investors, there may be additional opportunity to optimize pricing, marketing, and overall rental strategy, while the location, mountain views, newer construction, and versatile layout also make the property an attractive option as a primary residence or second home.
| List Price: | $587,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 791 sqft |
| Parking: | Basement, Driveway, Attached Garage |
| MLS Number: | CAR4421344 |
| Subdivision: | Biltmore Terrace |
| Style: | Modern |
| Bathrooms: | 3 |
| Year Built: | 2022 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 09-08-2026 | Listed | $587,000 | $743 |
| 01-15-2026 | Price Decrease | $359,990-2.70% | $456 |
| 11-26-2025 | Listed | $369,990 | $468 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 1 miles | KG-05 | 4 |
| Charles C Bell Elementary | 3 miles | KG-05 | 8 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 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 |
| 20 Loblolly Lane, Asheville NC | 0 mi | $587,000 | days | |
| 52 Fox Drive, Asheville NC | 0 mi | $597,000 | days | |
| 10 Meeting Street, Asheville NC | 0.1 mi | $549,000 | days | |
| 5 Meeting Street, Asheville NC | 0.1 mi | $574,000 | days | |
| 33 Loblolly Lane, Asheville NC | 0.1 mi | $500,000 | days | |
| 35 Loblolly Lane, Asheville NC | 0.1 mi | $625,000 | 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 EXP Realty LLC
20 Loblolly Lane, Asheville NC is a 791 ft2 on a 0.100 acres Appraisal lot. This is for $587,000. This has 3 bedrooms, 3 baths, and was built in 2022.
Based on information submitted to the MLS GRID as of 2026-09-08 18:15:13 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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