For Sale $365,000
Tucked ten minutes from the heart of downtown, this delightful ranch offers the perfect blend of convenience and quiet. Set on over half an acre of usable land, the front yard is fully fenced for added privacy and a great place for pets, while the expansive backyard is a blank canvas ready for whatever you envision—gardens, gatherings, or even a detached garage. Step inside to a welcoming living room anchored by a cozy gas log fireplace, flowing seamlessly into an open kitchen and dining space ideal for everyday living or entertaining. Two bedrooms sit at the front of the home, while a third, tucked behind the kitchen, offers flexibility as a home office, studio, or guest room. The walk-out basement already features a full bath (needing some updating) and laundry area, plus ample room for storage or future finished space. Major updates include a new roof in 2020 and new HVAC 2022. All that’s left is your personal touch. This charming home is ready for its next chapter—make it yours.
| List Price: | $365,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1285 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4278249 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Cleared |
| Year Built: | 1920 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-28-2025 | Price Decrease | $365,000-2.67% | $285 |
| 08-19-2025 | Price Decrease | $375,000-2.60% | $292 |
| 07-29-2025 | Listed | $385,000 | $300 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 2 miles | KG-05 | 9 |
| Francine Delany New School for Children | 2 miles | KG-06 | 9 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Ira B Jones Elementary | 4 miles | PK-05 | 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.
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 |
| 506 Gorman Bridge Road, Asheville NC | 0 mi | $365,000 | days | |
| 482 Gorman Bridge Road, Asheville NC | 0.1 mi | $347,500 | days | |
| 22 Ben Lippen Road, Asheville NC | 0.2 mi | $475,000 | days | |
| 9 Sun Ridge Road, Asheville NC | 0.3 mi | $424,000 | days | |
| 122 Mae Carver Drive, Asheville NC | 0.4 mi | $389,000 | days | |
| 5 Miramar Drive, Asheville NC | 0.4 mi | $145,000 | 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)
| Property Taxes |
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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 Asheworth Group WNC Real Estate LLC
506 Gorman Bridge Road, Asheville NC is a 1285 ft2 on a 0.600 acres lot. This is for $365,000. This has 3 bedrooms, 2 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-07-29 11:01:48 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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