For Sale $645,000
Mid-century character meets a thoughtful, thorough renovation by River Birch Builders in desirable Malvern Hills. Set above the road on a wooded .4-acre lot, this 3BR/3BA brick ranch offers a private retreat with convenient access to West Asheville shopping, dining, and neighborhood walks. Hardwood floors, abundant natural light, and an open living and dining area create a welcoming main level. The new kitchen features wood cabinetry, quartz countertops, and all-new appliances. A primary suite with an updated en-suite bath, two additional bedrooms, and a renovated hall bath complete the main floor. The finished lower level includes a third full bath, laundry, and a flexible living space with its own exterior entrance—ideal for a home office, den, or creative pursuits. A large unfinished area provides storage and workshop space, while an attached garage and generous driveway offer ample parking. The private rear deck backs to trees for relaxed outdoor living. Improvements include a new roof, HVAC and ductwork, electrical upgrades, updated interior plumbing, and new water and sewer lines to the street. Pre-inspected with the report available and system and appliance warranties included. With an appropriate offer, the builder is open to discussing additions or modifications to suit the buyer’s needs. Also available with the adjacent .34-acre building lot at 68 Cranesway Drive; see MLS #4438703.
| List Price: | $645,000 |
| 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 |
| 10-30-2026 | Price Decrease | $645,000-17.83% | $466 |
| 10-18-2026 | Price Increase | $785,000+21.71% | $567 |
| 10-18-2026 | Price Decrease | $645,000-17.83% | $466 |
| 10-16-2026 | Price Increase | $785,000+21.71% | $567 |
| 10-14-2026 | Price Decrease | $645,000-4.44% | $466 |
| 09-28-2026 | Price Decrease | $675,000-3.43% | $488 |
| 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 | $645,000 | 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 | $415,000 | 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 $645,000. 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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