71 Balm Grove Avenue, Asheville NC
- 2 Bed
- 1 Bath
- 1092 ft2
- 0.3 ac
For Sale $390,000
Remarks:
This solid 1939 home offers timeless character, great bones, and incredible potential for renovation or redevelopment. Located in a fast-growing and centrally located neighborhood, the property includes an additional buildable lot, giving buyers the flexibility to expand, build, or invest for the future. Enjoy being just a short walk to Haywood Road’s shops, restaurants, and amenities, less than half a mile from Patton Avenue, and only minutes from Downtown Asheville—a truly convenient location with strong long-term appeal. The home itself features a spacious deck (which could be reduced in size if you decide to build on the new lot), an oversized carport, a storage unit, and a fully fenced yard. The seller has provided a new survey reflecting the subdivision of the new lot, as well as a plat review comment letter from the City of Asheville. This property presents a rare opportunity for the right buyer—whether you’re an investor seeking your next project, a builder looking for new development potential, or a homeowner ready to this home.
Exterior Features:
Storage
Interior Features:
Breakfast Bar
General Information:
| List Price: | $390,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1092 sqft |
| Parking: | Detached Carport, Driveway, RV Access/Parking |
| MLS Number: | CAR4366800 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Wooded |
| Year Built: | 1939 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Asheville |
| High: | Asheville |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-04-2026 | Listed | $215,000 | $197 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Francine Delany New School for Children | 1 miles | KG-06 | 9 |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Hall Fletcher Elementary | 1 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| 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.
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 |
| 71 Balm Grove Avenue, Asheville NC | 0 mi | $390,000 | days | |
| 97 Louisiana Avenue, Asheville NC | 0.2 mi | $434,500 | days | |
| 15 Louisiana Avenue, Asheville NC | 0.2 mi | $386,000 | days | |
| 52 Boyd Avenue, Asheville NC | 0.3 mi | $439,900 | days | |
| 29 Allen Street, Asheville NC | 0.3 mi | $699,000 | days | |
| 46 Jarrett Street, Asheville NC | 0.3 mi | $399,000 | 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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Mortgage Calculator
| 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 |
Demographic Data For Zip 28806
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Occupancy Types |
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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 Kilgore & Associates RealEstat
71 Balm Grove Avenue, Asheville NC is a 1092 ft2 on a 0.320 acres lot. This is for $390,000. This has 2 bedrooms, 1 baths, and was built in 1939.
Based on information submitted to the MLS GRID as of 2026-05-06 10:26:19 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.
