281 Rose Hill RoadAsheville, NC 28803Price: $498,600

  • Price: $498,600
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $498,600List Price
  • 3Bedrooms
  • 3Bathrooms
  • 1.03Acreage
  • 1,937Square Feet

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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. 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.
Listed by Bill Palas of Appalachian Realty Associates (bpalas@bellsouth.net)

Property Details of 281 Rose Hill Road

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