For Sale $699,000
Don't miss this flawless renovation by River Birch Builders. This fully renovated 3BR/3BA ranch is truly move-in ready. It sits up and out of view from the road, on a private, wooded 0.4-acre lot in desirable Malvern Hills. New roof, new HVAC, new kitchen, and all three bathrooms fully updated, so there's nothing to do but unpack. Open living/dining with hardwood floors and abundant natural light. Primary suite with en-suite bath; two additional bedrooms and a full hall bath complete the main level. Finished lower level adds a full bath, laundry, and flex room with direct exterior entry, plus a large unfinished storage/workshop space for future expansion. Attached garage, asphalt driveway with 4+ open spaces, and a private rear deck backing to trees for quiet, everyday outdoor living. Water and sewer lines to the street replaced, so there's no aging infrastructure to inherit. Pre-inspected with report available; system and appliance warranties included for extra peace of mind. This beautiful property truly offers a unique opportunity to purchase a home with historic character and the confidence of all-new construction.
| List Price: | $699,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1386 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4418622 |
| Subdivision: | Hillside Terrace |
| Style: | Modern, Ranch |
| Bathrooms: | 3 |
| Lot Description: | Private, Wooded |
| Year Built: | 1962 |
| Sewer Type: | Public Sewer |
| Elementary: | Sand Hill-Venable/Enka |
| Middle: | Enka |
| High: | Enka |
| Date | Event | Price | $/SQFT |
| 08-29-2026 | Listed | $699,000 | $505 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Francine Delany New School for Children | 1 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Invest Collegiate (Buncombe) | 3 miles | KG-06 | 8 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Claxton Elementary | 5 miles | KG-05 | 6 |
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 |
| 340 School Road, Asheville NC | 0 mi | $699,000 | days | |
| 226 School Road, Asheville NC | 0.2 mi | $500,000 | days | |
| 64 Arthur Road, Asheville NC | 0.2 mi | $445,900 | days | |
| 5 Springmill Drive, Asheville NC | 0.2 mi | $339,900 | days | |
| 41 Arthur Road, Asheville NC | 0.3 mi | $425,000 | days | |
| 28 Arthur Road, Asheville NC | 0.3 mi | $418,000 | 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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| 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 Local Roots Realty
340 School Road, Asheville NC is a 1386 ft2 on a 0.400 acres lot. This is for $699,000. This has 3 bedrooms, 3 baths, and was built in 1962.
Based on information submitted to the MLS GRID as of 2026-08-29 04:35:01 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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