For Sale $425,000
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.
Open Floorplan, Walk-In Pantry
| 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 |
| Elementary: | Woodfin/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
| 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 |
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.
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 |
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 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.
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