This successful Airbnb located in East Asheville has two rental units and is located just outside of the city limits. Whether you're looking for an investment property or a place to live while using the other unit for extra income, this home is a must see. The main level offers three bedrooms, two full bathrooms, open concept living/dining/kitchen with vaulted ceilings, laundry, and office space. Downstairs studio has a separate entrance (not included with square footage) and offers a bedroom, full bathroom, kitchenette, and living room. Turnkey property as most of the belongings can stay with the home.
Closed
$550,000
518 Rose Hill Rd, Asheville, NC 28803
4beds
1,839sqft
Single Family Residence
Built in 1964
0.29 Acres Lot
$500,200 Zestimate®
$299/sqft
$3,300 Estimated rent
Home value
$500,200
$465,000 - $535,000
$3,300/mo
Zestimate® history
Owner options
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$3,300/mo
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$3,300/mo
Rent Zestimate®
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$3,186/mo
Est. payment
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$3,186/mo
Est. payment
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List your homeWhat's special
Office spaceVaulted ceilingsSeparate entrance
Zillow last checked:
Listing updated:
Listing Provided by:
Ron Whitworth ronwhitworth@kw.com,
Keller Williams Professionals
Bought with:
Heidi DuBose
Howard Hanna Beverly-Hanks Asheville-North
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4043608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Oil
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: Inside, Laundry Closet
Features
- Breakfast Bar, Total Primary Heated Living Area: 1308
- Flooring: Bamboo, Tile, Vinyl, Wood
- Basement: Apartment,Partially Finished
Interior area
- Total structure area: 1,308
- Total interior livable area: 1,839 sqft
- Finished area above ground: 1,308
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Fire Pit
Lot
- Size: 0.29 Acres
- Features: Sloped
Details
- Parcel number: 966742876100000
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood
- Roof: Composition
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Asheville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2023 | Sold | $550,000+0.2%$299/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4043608 Report a problem | ||
| 6/26/2023 | Listed for sale | $549,000+115.3%$299/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4043608 Report a problem | ||
| 4/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/28/2022 | Price change | $3,500-2.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/26/2022 | Listed for rent | $3,600$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/12/2019 | Sold | $255,000$139/sqft |
Source: Canopy MLS as distributed by MLS GRID #3539598 Report a problem | ||
| 10/25/2019 | Pending sale | $255,000$139/sqft |
Source: EXP REALTY LLC #3539598 Report a problem | ||
| 9/6/2019 | Price change | $255,000-3.8%$139/sqft |
Source: EXP REALTY LLC #3539598 Report a problem | ||
| 8/24/2019 | Listed for sale | $265,000+32.5%$144/sqft |
Source: EXP REALTY LLC #3539598 Report a problem | ||
| 7/27/2015 | Sold | $200,000+0.8%$109/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM584388 Report a problem | ||
| 5/28/2015 | Price change | $198,500-0.8%$108/sqft |
Source: Sunrise Properties #584388 Report a problem | ||
| 5/15/2015 | Listed for sale | $200,000$109/sqft |
Source: Sunrise Properties #584388 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,132 +7.6% | $302,300 |
| 2024 | $1,982 +35.3% | $302,300 +26% |
| 2023 | $1,464 +1.7% | $239,900 |
| 2022 | $1,440 | $239,900 |
| 2021 | $1,440 +13.1% | $239,900 +22.8% |
| 2020 | $1,274 +19% | $195,400 +19% |
| 2019 | $1,071 | $164,200 |
| 2018 | $1,071 | $164,200 +14.4% |
| 2017 | $1,071 | $143,500 |
| 2016 | $1,071 +4.1% | $143,500 |
| 2015 | $1,029 -1.6% | $143,500 -1.6% |
| 2014 | $1,045 | $145,800 |
| 2013 | -- | $145,800 -2.1% |
| 2012 | -- | $149,000 |
| 2011 | -- | $149,000 |
| 2010 | -- | $149,000 |
| 2009 | -- | $149,000 |
Find assessor info on the county website
Neighborhood: 28803
Nearby schools
GreatSchools rating
- 3/10Oakley ElementaryGrades: PK-5Distance: 2.1 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 0.3 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Oakley
- Middle: AC Reynolds
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$500,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$500,200
- North Carolina
- Buncombe County
- Asheville
- 28803
- 518 Rose Hill Rd
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