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$600,000 Just Listed
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Property Description
A unique opportunity in the heart of downtown Asheville. Located at 21 Pearl Street and zoned CBD, this property offers exceptional flexibility for an investor, business owner, or owner-user looking to establish a presence downtown. The existing home is particularly well suited for conversion to professional office space, with a layout that naturally accommodates multiple private offices, meeting space, and a welcoming reception or lobby area. The property also offers the potential to explore redevelopment or alternative uses permitted within Asheville's flexible CBD zoning, subject to applicable City requirements. Adding to its investment appeal, 21 Pearl Street is located within a designated Opportunity Zone, which may provide tax advantages for qualifying investments. With its downtown location, existing structure, CBD zoning, and Opportunity Zone designation, the property presents a compelling opportunity for office, investment, redevelopment, or a variety of other potential uses. Adjacent lot also available for sale. See MLS 4229402.
Full Property Details
Full Property Details for 21 Pearl St
General
- Price: $600,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4429386
- Updated: 9/29/2026
- Added to Site: 6 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
Location
- County: Buncombe
- Cross Streets: Patton
- Driving Directions: From I-240, take the Downtown Asheville/Patton Avenue exit. Turn left onto Patton Avenue, then right onto Pearl Street. 21 Pearl Street will be the first property on the right after "The Patton" complex.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 1
- Construction: Site Built
- Square Feet: 1,378
- Minimum Avail: 1,171 Sq. Ft.
- Year Built: 1905
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 9648-19-5458-00000
- Plat: 8/61
- Lot Number: 4876/949
Listed by Abode Realty
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Schools
Schools serving 21 Pearl St
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 1.1 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 1.2 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.4 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.4 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.5 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.7 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 21 Pearl St
Date
Details
Price
Change
Source
9/29/2026
Listed
$600,000
129.89%
MLS
9/04/2008
Sold
$261,000
—
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 21 Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,995
6%
$252,500
—
2024
$2,830
11%
$252,500
—
2023
$2,543
1%
$252,500
—
2022
$2,518
—
$252,500
—
2021
$2,518
41%
$252,500
53%
2020
$1,782
—
$165,300
—
2019
$1,782
—
$165,300
—
2018
$1,782
-1%
$165,300
—
2017
$1,798
37%
$165,300
55%
2015
$1,308
1%
$106,400
—
2014
$1,292
—
$106,400
—
2013
$1,292
—
$106,400
—
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 21 Pearl St
21 Pearl Street, Asheville, NC 28801 (MLS# 4429386) is a Commercial property. 21 Pearl Street is currently listed for $600,000 and was received on September 29, 2026. Want to learn more about 21 Pearl Street? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

