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Property Description
If you've been looking for a property that combines lifestyle and a proven rental track record, this one's worth a close look. 1055 Riverside Drive has consistently delivered strong rental income over the past several years, and it's easy to see why - the location does a lot of the work for you. Step right out your door onto the greenway, which leads directly to Silverline Park on the French Broad River. From there, you're close to the future site of the Whitewater Wave, an in-stream feature currently under construction and expected to be completed by fall 2026, along with UNC Asheville, making this a natural fit for student or faculty renters, or anyone who wants easy access to campus without giving up the river-town feel of Woodfin. Pennycup Coffee is right nearby, and the growing stretch of Riverside Drive also puts Zillicoah Beer Co., Beer City Bicycles, Iron & Oak Brisket Co, and French Broad Chocolate Factory & Café within easy reach. This is a location with tremendous upside - as the Whitewater Wave and the greenway extension continue to develop, this stretch of Riverside Drive is only positioned to become more desirable. Inside, you'll find a smart, easy-to-maintain layout: an eat-in kitchen that opens to the living room, two bedrooms including a primary, and a full bath. A covered front porch overlooks the French Broad River, sitting high enough to avoid flood risk, with no reported flood damage. There's also a basement below for additional storage. The fenced-in yard rounds things out, adding privacy and everyday livability whether you're renting it out or settling in yourself. What really sets this property apart, though, is what's not visible at first glance. This house has had a genuine top-to-bottom systems overhaul, including a new roof in 2020, fully upgraded electrical circuits, new plumbing both under the house and out to the street, a French drain system, mini-split heating and cooling, and a retaining wall for added stability and peace of mind. Whether you're an investor looking for a turnkey rental with a strong history, or a buyer who wants to live minutes from the river and the park, 1055 Riverside Drive checks a lot of boxes.
Full Property Details
Full Property Details for 1055 Riverside Dr
General
- Price: $250,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4397717
- Updated: Today (8/27/2026)
- Added to Site: Today
Interior
- Appliances: Electric Oven, Electric Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: In Bathroom
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: GPS is accurate. From I26 and 240. Take Exit 4A to 19 North and 26. Exit 25 to UNCA and 251. Left on Broadway St to Riverside Dr and 251. 1055 Riverside is on the Right.
School Information
- Elementary School: Woodfin/Eblen
- Middle School: Clyde A Erwin
- High School: Clyde A Erwin
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Construction: Site Built
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Exterior Entry, Unfinished
- Roof: Architectural Shingle
- Main/1st Level: 745 Sq. Ft.
- Year Built: 1927
Lot Features
- Street/Road Desc.: Concrete, Paved
- Fencing (Description): Fenced
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 9730-52-4323-00000
- Lot Number: 5493-253
Listed by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 1055 Riverside Dr
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Woodfin Elementary 108 Elk Mountain Road, Asheville, NC 28804 | K-4 | 0.4 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 2.5 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 Riverside Dr
Date
Details
Price
Change
Source
8/27/2026
Listed
$250,000
66.67%
MLS
11/15/2016
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1055 Riverside Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,468
5%
$152,300
2%
2023
$1,398
1%
$149,700
—
2022
$1,383
—
$149,700
—
2021
$1,383
21%
$149,700
26%
2020
$1,141
—
$119,000
—
2019
$1,141
5%
$119,000
—
2018
$1,082
-1%
$119,000
—
2017
$1,094
37%
$119,000
50%
2015
$801
—
$79,400
—
2014
$801
—
$79,400
—
2013
$801
—
$79,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1055 Riverside Dr
1055 Riverside Drive, Asheville, NC 28804 (MLS# 4397717) is a Single Family property with 2 bedrooms and 1 full bathroom. 1055 Riverside Drive is currently listed for $250,000 and was received on August 27, 2026. Want to learn more about 1055 Riverside Drive? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

