" PRICE REDUCTION " 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.
Under contract-show
Price cut: $25K (6/3)
$350,000
71 Balm Grove Ave, Asheville, NC 28806
2beds
1,092sqft
:
Get pre-qualified$2,056/mo
Single Family Residence
Built in 1939
0.32 Acres Lot
$341,400 Zestimate®
$321/sqft
$-- HOA
What's special
Fully fenced yardSpacious deckOversized carportStorage unit
- 114 days |
- 329 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Sandra Kilgore sankilgore@gmail.com,
Kilgore & Associates RealEstat
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4366800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: None
- Level: Main
Primary bedroom
- Features: None
- Level: Main
Heating
- Baseboard, Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
- Laundry: Gas Dryer Hookup, In Basement, Washer Hookup
Features
- Breakfast Bar
- Flooring: Carpet, Linoleum, Wood
- Doors: Screen Door(s), Sliding Doors
- Basement: Exterior Entry,Interior Entry,Storage Space
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
- Finished area above ground: 1,092
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Driveway, RV Access/Parking
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Storage
- Fencing: Back Yard,Chain Link,Fenced,Front Yard,Full
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None
Lot
- Size: 0.32 Acres
- Dimensions: 123 x 123 x 119 x 123
- Features: Cleared, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 963835571700000
- Zoning: RM8
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Partial, Vinyl
- Roof: Composition
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: None
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $239,300
- Annual tax amount: $2,629
- Date on market: 4/9/2026
- Cumulative days on market: 93 days
- Listing terms: Cash,Conventional,FHA 203(K)
- Exclusions: None
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$341,400
$324,000 - $358,000
$2,276/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $350,000-6.7%$321/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4366800 Report a problem | ||
| 5/22/2026 | Price change | $375,000-3.8%$343/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366800 Report a problem | ||
| 4/9/2026 | Listed for sale | $390,000$357/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366800 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,629 +6.3% | $239,300 |
| 2024 | $2,472 -2.2% | $239,300 -4.7% |
| 2023 | $2,528 +1% | $251,000 |
| 2022 | $2,503 | $251,000 |
| 2021 | $2,503 +18.8% | $251,000 +28.5% |
| 2020 | $2,106 | $195,400 |
| 2019 | $2,106 | $195,400 |
| 2018 | $2,106 | $195,400 +49.2% |
| 2017 | $2,106 -0.9% | $131,000 |
| 2016 | $2,126 +32% | $131,000 |
| 2015 | $1,610 +1.2% | $131,000 |
| 2014 | $1,590 | $131,000 |
| 2013 | -- | $131,000 +5.4% |
| 2012 | -- | $124,300 |
| 2011 | -- | $124,300 |
| 2010 | -- | $124,300 |
| 2009 | -- | $124,300 |
| 2007 | -- | $124,300 |
| 2006 | -- | $124,300 +29.5% |
| 2005 | -- | $96,000 |
| 2004 | -- | $96,000 |
| 2003 | -- | $96,000 |
| 2002 | -- | $96,000 +34.6% |
| 2001 | -- | $71,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28806
Nearby schools
GreatSchools rating
- 8/10Vance ElementaryGrades: PK-5Distance: 0.8 mi
- 7/10Asheville MiddleGrades: 6-8Distance: 1.6 mi
- 6/10Asheville HighGrades: PK,9-12Distance: 2 mi
Schools provided by the listing agent
- Middle: Asheville
- High: Asheville
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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