For Sale $340,000
1/10 - OPEN HOUSE CANCELLED DUE TO ILLNESS. NEXT ONE 1/17/26 1-3PM A True Asheville Original: Loved 1930s Oakley Rancher Ready for its Next Chapter and New Year! This is the quintessential Asheville home, lovingly maintained by one family for the last 50 years and ready to become the heart of its next chapter. Located in the highly sought-after Oakley neighborhood, this charming 1930s Rancher perfectly balances historic character with modern practicality. Imagine owning a piece of Asheville history, conveniently located for work and play. You are just minutes from the vibrant downtown scene, the eclectic shops of Asheville, and the stunning Blue Ridge Parkway. This location offers the perfect balance of peaceful, suburban retreat and urban accessibility = awesome lifestyle! The Home: Classic Comfort, One-Level Living Step inside to discover a home built with enduring quality. Enjoy the ease of one-level living paired with a desirable split-bedroom floor plan for privacy. The main level is graced by stunning original hardwood floors that flow throughout most the living areas. The heart of the house is the large, welcoming eat-in family kitchen—an ideal gathering spot that’s ready for holiday traditions or simply sharing daily meals, most of the appliances are brand new. The exterior features low-maintenance aluminum siding and yard, giving you back your weekends to enjoy the mountains. The property boasts a wonderful elevated deck and a fully fenced yard that is perfectly sized—large enough for play, gardening, or a trampoline, yet manageable enough for low upkeep. With plenty of flat, open space, you have room for a vegetable garden, a flower oasis, or that dream treehouse. The practical lower level offers valuable utility space, featuring a laundry area, a spacious workshop, and a classic 1930s-style one-car garage (note: basement ceilings are not tall enough for Heated Living Area). Agent Note: The main floor offers a glimpse into potential expansion—a previous owner may have removed the original basement stair access to allow for the creation of a second full bathroom, leaving the possibility for the next family to reimagine this flexible space. This home is more than a residence; it's an opportunity to inherit a legacy and start your own. Schedule your private viewing today and discover the magic of 298 School Rd E.
Split Bedroom
| List Price: | $340,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1028 sqft |
| Parking: | Detached Carport, Attached Garage, Garage Faces Side, Garage Shop |
| MLS Number: | CAR4329443 |
| Subdivision: | Biltmore Terrace |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot, Rolling Slope |
| Year Built: | 1930 |
| Sewer Type: | Public Sewer |
| Elementary: | Oakley |
| Middle: | AC Reynolds |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 12-31-2025 | Listed | $340,000 | $331 |
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 | 4 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 |
| 298 School Road, Asheville NC | 0 mi | $340,000 | days | |
| 17 Lamar Avenue, Asheville NC | 0.1 mi | $519,825 | days | |
| 21 Lamar Avenue, Asheville NC | 0.1 mi | $489,950 | days | |
| 19 Lamar Avenue, Asheville NC | 0.1 mi | $634,900 | days | |
| 31 Lamar Avenue, Asheville NC | 0.1 mi | $469,900 | days | |
| 3 Pinnacle View Road, Asheville NC | 0.1 mi | $485,000 | 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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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
298 School Road, Asheville NC is a 1028 ft2 on a 0.200 acres lot. This is for $340,000. This has 3 bedrooms, 2 baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2025-12-31 11:31:35 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
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