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$749,000
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Property Description
Just one mile from Asheville's vibrant downtown, this home offers an unparalleled sense of privacy in a serene, peaceful setting. Enjoy the beauty of hardwood, marble, and ceramic tile floors, along with a modern kitchen featuring newer cabinets and elegant granite countertops. The home boasts three spacious master bedroom suites, providing comfort and convenience. A few years nnew heat pump systems (one for each floor) for efficient heating and cooling. An optional separate entrance to the second floor could be used for more privacy and other reasons. Previously operated as an Airbnb for the past six years, this hidden retreat offers a resort-like atmosphere while being 2 minutes from downtown. With no HOA, you'll have more freedom and significant savings every month and year. Surrounding homes in this desirable neighborhood are valued at over $1 million.
Full Property Details
Full Property Details for 318 Vance Gap Rd
General
- Price: $749,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4231687
- Updated: 11/20/2025
- Added to Site: 315 day(s) ago
Interior
- Interior Features: Hot Tub
- Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper - Full Baths: 1
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Utility Room, Main Level, Washer Hookup
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Shared Driveway
Location
- County: Buncombe
- Driving Directions: From downtown Asheville, take College St east, left on Town Mountain Rd (Hwy 694), go 0.9 mile and right on Vance Gap Rd, go straight (don't turn left onto the other section of Vance Gap Rd, google map shows the wrong house location) ) 80 yards to the first driveway on left (you see #318 on the mailbox), go about 200 yards of concrete driveway to the house at the end
School Information
- Elementary School: Asheville City
- Middle School: Asheville
- High School: Asheville
Heating & Cooling
- Cooling Type: Central Air, Heat Pump
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: City
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Architectural Style: Contemporary
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Hard Stucco, Vinyl
- Roof: Architectural Shingle
- Upper: 763 Sq. Ft.
- Main/1st Level: 1,545 Sq. Ft.
- Year Built: 2004
Lot Features
- Street/Road Desc.: Concrete, Gravel, Paved
- Rcmdd Zoning: RS2
Financial Considerations
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 9649-94-1437-00000
- Lot Number: 5760/998
Listed by Buncombe Realty
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Schools
Schools serving 318 Vance Gap Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Haw Creek Elementary 10 Bethesda Road, Asheville, NC 28805 | PK-5 | 1.9 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 5.3 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 Vance Gap Rd
Date
Details
Price
Change
Source
11/20/2025
Price Reduced
$749,000
-1.83%
MLS
9/08/2025
Price Reduced
$763,000
-1.29%
MLS
4/25/2025
Price Reduced
$773,000
-1.9%
MLS
4/03/2025
Price Reduced
$788,000
-1.25%
MLS
3/16/2025
Price Reduced
$798,000
-2.44%
MLS
3/09/2025
Listed
$818,000
338.61%
MLS
8/28/2009
Sold
$186,500
—
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 318 Vance Gap Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,715
10%
$477,000
—
2023
$4,298
1%
$477,000
—
2022
$4,250
—
$477,000
—
2021
$4,250
-23%
$477,000
-17%
2020
$5,484
—
$572,500
—
2019
$5,484
—
$572,500
—
2018
$5,484
-1%
$572,500
—
2017
$5,541
17%
$572,500
31%
2015
$4,718
1%
$437,300
—
2014
$4,653
—
$437,300
—
2013
$4,653
—
$437,300
—
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 318 Vance Gap Rd
318 Vance Gap Road, Asheville, NC 28804 (MLS# 4231687) is a Single Family property with 3 bedrooms and 3 full bathrooms. 318 Vance Gap Road is currently listed for $749,000 and was received on March 09, 2025. Want to learn more about 318 Vance Gap 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.

