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$498,600 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Car Garage
  • Updated 2 days ago
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This lovely brick and cedar-shingle ranch home, located just 15 minutes SE of downtown Asheville, sits on a mostly wooded 1.03 acre lot in the Reynolds Community. The immediate neighborhood is rural with a 50-acre horse ranch surrounding the property on three sides. The main home has 2 bedrooms and 2 full baths all on the main level with a full drive-in basement below. Recent upgrades include: new metal roof, well pump, AC unit, and septic upgrade. Also included with this property is a 480 sq. ft. guest cottage. Both the main home and the guest cottage have been used as successful short term rentals in the recent past. Furnishings can convey with both the home and cottage. This is a unique opportunity as a family compound, multiple short or long term rentals, or live in the main house and rent out the guest cottage for supplemental income. Seller will consider owner financing for a qualified buyer with a 20% down payment.

Full Property Details for 281 Rose Hill Rd

General

  • Price: $498,600
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4381994
  • Updated: 5/20/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Open Floorplan, Walk-In Closet(s)
  • Fireplace: Yes
  • Appliances: Dishwasher, Refrigerator
  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper 2 - Full Baths: 1
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Mud Room, Main Level, Washer Hookup

Additional Information

  • Shared Amenities: None
  • Equipment: Fuel Tank - Leased

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Basement, Driveway, Garage Faces Side

Location

  • County: Buncombe
  • Complex: none
  • Driving Directions: From Asheville, take US 74 heading SE towards Fairview. Go about 1 mile past the Blue Ridge Parkway and take a right on Rose Hill Road. Go 1 mile to the property on the left.

School Information

  • Elementary School: Oakley
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Heating & Cooling

  • Cooling Type: Central Air, Ductless
  • Heating Type: Central, Electric, Heat Pump, Propane

Utilities

  • Sewer: Septic Installed
  • Water: Well
  • Utility Description: Cable Available, Electricity Connected, Propane

Structural Information

  • Architectural Style: Ranch
  • Construction Status: Completed
  • Construction: Site Built
  • Exterior Const.: Brick Partial, Cedar Shake
  • Basement: Yes
  • Basement Desc.: Basement Garage Door, Basement Shop, Exterior Entry, Full, Storage Space
  • Roof: Fiberglass, Metal
  • Main/1st Level: 1,457 Sq. Ft.
  • Year Built: 1957

Lot Features

  • Lot Dimensions: 205 x 215
  • Street/Road Desc.: Gravel
  • Elevation (Approx.): 2000
  • Lot Features: Level, Wooded
  • Rcmdd Zoning: R-LD

Horse Property

  • Horse Facility Desc.: None

Financial Considerations

  • Terms: Cash, Conventional, Owner Financing

Disclosures and Reports

  • Restrictions: No Restrictions
  • Property ID: 9666-49-0063-00000
  • Lot Number: 5640/1643

Listed by Appalachian Realty Associates

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Listing agent

— 281 Rose Hill Rd —

  • Appalachian Realty Associates

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 281 Rose Hill Rd

School District:Buncombe County Schools
NameGradesDistance
A C Reynolds High
One Rocket Drive, Asheville, NC 28803
9-120.7 mi
Oakley Elementary
753 Fairview Road, Asheville, NC 28803
PK-52.4 mi
A C Reynolds Middle
2 Rocket Drive, Asheville, NC 28803
6-80.7 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 281 Rose Hill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$498,600
149.3%
MLS
2/28/2018
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
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 for 281 Rose Hill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,300
11%
$339,400
—
2023
$2,072
2%
$339,400
—
2022
$2,038
—
$339,400
—
2021
$2,038
12%
$339,400
21%
2020
$1,822
—
$279,500
—
2019
$1,822
—
$279,500
—
2018
$1,822
—
$279,500
—
2017
$1,822
6%
$279,500
17%
2015
$1,716
—
$239,400
—
2014
$1,716
—
$239,400
—
2013
$1,716
—
$239,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Appalachian Realty Associates

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281 Rose Hill Road, Asheville, NC 28803 (MLS# 4381994) is a Single Family property with 3 bedrooms and 3 full bathrooms. 281 Rose Hill Road is currently listed for $498,600 and was received on May 19, 2026. Want to learn more about 281 Rose Hill Road? 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.

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