3 Ravine Extension, Woodfin NC

  • 2 Bed
  • 2 Bath
  • 504 ft2
  • 0.3 ac

For Sale $425,000

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Remarks:

Successful, income-producing short-term rental just minutes from Asheville, complete with a rare, grandfathered permit in Woodfin. This charming 2-bedroom, 2-bath retreat blends comfort, convenience, and proven guest appeal, making it a standout investment in Western North Carolina. The thoughtfully designed interior features inviting living spaces and a well-equipped kitchen suited for both short and extended stays. Guests especially enjoy the cozy porch with firepit-perfect for taking in the region's mild mountain evenings. Interior highlights include heated floors on the lower level, a gas fireplace capable of warming the entire home, a soaking tub, and a bidet for added comfort. With easy access and a low-maintenance setting, the property consistently attracts visitors eager to explore nearby destinations like the Blue Ridge Parkway and the Biltmore Estate, supporting strong year-round demand. Whether you're seeking a turnkey investment or a personal getaway with reliable income, this property delivers. Furnishings are negotiable, and the separate garage with additional storage offers potential conversion.

Interior Features:

Open Floorplan, Walk-In Pantry

General Information:

List Price: $425,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 504 sqft
Parking: Driveway
MLS Number: CAR4373087
Subdivision: Chestnut Ridge
Style: Bungalow, Cabin, Contemporary, Cottage
Bathrooms: 2
Year Built: 2014
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Woodfin/Eblen
Middle: Clyde A Erwin
High: Clyde A Erwin

Price & Sales History

Date Event Price $/SQFT
05-25-2026 Listed $425,000 $844
08-08-2025 Price Decrease $269,000-2.54% $534
07-09-2025 Listed $276,000 $548

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 1 miles PK-05 8
Claxton Elementary 2 miles KG-05 6
Isaac Dickson Elementary 2 miles PK-05 9
Hall Fletcher Elementary 3 miles PK-05 2
Vance Elementary 3 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.

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
3 Ravine Extension, Woodfin NC 0 mi $425,000 days
131 Lookout Road, Asheville NC 0.1 mi $197,000 days
130 Lookout Road, Asheville NC 0.1 mi $187,000 days
8 Apple Lane, Asheville NC 0.1 mi $525,000 days
78 and 80 Taylor Street, Woodfin NC 0.2 mi $150,000 days
31 Elkwood Avenue, Asheville NC 0.2 mi $495,000 days
1 to 6 of 55 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

Commute Distance & Time

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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 Howard Hanna Beverly-Hanks Freestone Properties

    3 Ravine Extension, Woodfin NC is a 504 ft2 on a 0.270 acres Appraisal lot. This is for $425,000. This has 2 bedrooms, 2 baths, and was built in 2014.

    Based on information submitted to the MLS GRID as of 2026-05-25 10:50:58 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.