298 Town Mountain Road, Asheville NC

  • 5 Bed
  • 4 Bath
  • 1935 ft2
  • 0.4 ac

For Sale $875,000

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Remarks:

Enjoy breathtaking sunsets! This is a rare opportunity to own Town Mountain property at this price!! Located at 2700' elevation yet just 4 minutes from downtown Asheville. This light-filled mid-century gem features hardwood floors, wood-burning fireplace (gas line in place), and multiple outdoor living areas with charming stone accents. Upstairs, you'll find four spacious bedrooms, two baths, a huge deck out back, and a lovely private patio in front. The lower level boasts a fully equipped separate apartment with its own private entrance. Ideal for guests, extended family, or as an income-producing rental, this space includes a generous living area with a full kitchen, bedroom, 2 bathrooms one with radiant floors and one with a jacuzzi tub plus a wood burning stove with insert, ensuring comfort and privacy. Enjoy easy living with ample room for entertaining, flexible living spaces, abundant storage, two-car garage, hot tub and a fully fenced yard.

Exterior Features:

Hot Tub

Interior Features:

Breakfast Bar, Built-in Features, Entrance Foyer, Storage, Walk-In Closet(s)

General Information:

List Price: $875,000
Status: For Sale
Bedrooms: 5
Type: Single Family Residence
Approx Sq. Ft.: 1935 sqft
Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side
MLS Number: CAR4256466
Subdivision: Sunset Mountain
Style: Traditional
Bathrooms: 4
Lot Description: Hilly, Wooded, Views
Year Built: 1960
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Claxton
Middle: Asheville
High: Asheville

Price & Sales History

Date Event Price $/SQFT
09-02-2025 Price Decrease $875,000-2.23% $453
07-29-2025 Price Decrease $895,000-6.67% $463
06-03-2025 Listed $959,000 $496

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Claxton Elementary 1 miles KG-05 6
Ira B Jones Elementary 2 miles PK-05 8
Isaac Dickson Elementary 2 miles PK-05 9
Haw Creek Elementary 2 miles KG-05 7
Evergreen Community Charter 2 miles KG-06 8
Charles C Bell Elementary 3 miles KG-05 8

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
298 Town Mountain Road, Asheville NC 0 mi $875,000 days
318 Vance Gap Road, Asheville NC 0.1 mi $773,000 days
354 Vance Gap Road, Asheville NC 0.3 mi $1,249,999 days
29 Shady Park Lane, Asheville NC 0.3 mi $735,000 days
216 Vance Gap Road, Asheville NC 0.3 mi $763,000 days
2 Honey Drive, Asheville NC 0.4 mi $949,000 days
1 to 6 of 77 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28804

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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.

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    Property Listing Information

    A Courtesy Listing Provided By Homesource Realty INC

    298 Town Mountain Road, Asheville NC is a 1935 ft2 on a 0.410 acres lot. This is for $875,000. This has 5 bedrooms, 4 baths, and was built in 1960.

    Based on information submitted to the MLS GRID as of 2025-06-03 11:06:47 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.