48 & 49 Cedar Mountain Road, Asheville NC
- 3 Bed
- 2 Bath
- 1517 ft2
- 1.5 ac
For Sale $398,000
Remarks:
Prime investment opportunity in Buncombe County! Located just minutes from I-40 and local grocery store and restaurants, 48 & 49 Cedar Mountain Rd offer incredible potential for investors, flippers, or buyers looking to build equity. Situated outside Asheville city limits, these properties provide easy access to downtown Asheville, shopping, dining, and outdoor recreation. Whether you're considering renovation, rental income, or redevelopment, the possibilities are endless. Don't miss this rare chance to own two neighboring properties in a convenient and growing location.
General Information:
| List Price: | $398,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1517 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4418594 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Year Built: | 1949 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Oakley |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-04-2026 | Listed | $398,000 | $263 |
| 12-27-2025 | Price Decrease | $550,000-1.61% | $363 |
| 12-08-2025 | Price Decrease | $559,000-0.97% | $369 |
| 11-23-2025 | Listed | $564,500 | $373 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 3 miles | KG-05 | 7 |
| Oakley Elementary | 3 miles | KG-05 | 4 |
| Charles C Bell Elementary | 4 miles | KG-05 | 8 |
| ArtSpace Charter School | 4 miles | KG-06 | 8 |
| Haw Creek Elementary | 4 miles | KG-05 | 7 |
| Evergreen Community Charter | 5 miles | KG-06 | 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 |
| 48 & 49 Cedar Mountain Road, Asheville NC | 0 mi | $398,000 | days | |
| 22 Chesten Mountain Drive, Asheville NC | 0.1 mi | $1,650,000 | days | |
| 35 Chesten Mountain Drive, Asheville NC | 0.1 mi | $799,000 | days | |
| 19 Angler Trail, Asheville NC | 0.2 mi | $879,000 | days | |
| 61 Village Pointe Lane, Asheville NC | 0.3 mi | $899,000 | days | |
| 69 Village Pointe Lane, Asheville NC | 0.3 mi | $1,389,000 | days |
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 |
* 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 |
Demographic Data For Zip 28803
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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.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
48 & 49 Cedar Mountain Road, Asheville NC is a 1517 ft2 on a 1.520 acres Appraisal lot. This is for $398,000. This has 3 bedrooms, 2 baths, and was built in 1949.
Based on information submitted to the MLS GRID as of 2026-09-04 11:20:40 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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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.
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