Search Asheville Investment Properties
Vacation Rental Investment Properties in Asheville, NC
Asheville is one of the most consistently strong short-term rental markets in the Southeast, driven by year-round tourism to the Blue Ridge Parkway, a nationally acclaimed dining and arts scene, outdoor recreation across four distinct seasons, and a steady stream of visitors drawn by the city's unique culture and mountain setting. For investors seeking income-producing real estate, the Asheville area offers compelling fundamentals.
Properties that perform best as vacation rentals in this market tend to combine character, privacy, and proximity to Asheville's core attractions. Mountain cabins with hot tubs and views, renovated craftsman homes near the River Arts District, and family-sized properties in South and East Asheville all generate strong occupancy when professionally managed and marketed. Many top-performing STRs here consistently achieve gross revenues well above comparable markets in the Southeast.
Buyers should be aware that short-term rental regulations within Asheville city limits have evolved significantly in recent years — specific zoning requirements apply, and the regulatory environment continues to develop. Properties in unincorporated Buncombe County generally offer more flexibility. Working with an agent who understands the current STR landscape is essential before purchasing.
Jon Tharp and the team have extensive experience with investment property buyers in this market. Call 828-347-9055 to discuss STR-eligible properties, current cap rates, and how to evaluate rental income potential — or browse live listings below.
Vacation Rental Investment Properties in Asheville, NC
Welcome Home! This home feels special from the moment you walk in. On the main floor, there are four bedrooms and two full baths along with a large living room, dining r...
- 5 Beds
- 3 Baths
- 4422949 MLS
Convenient West Asheville location—just a half mile from the shops, restaurants, and eclectic charm of Haywood Road, including The WALK, Cellarest, and The Haunt. This ad...
- 3 Beds
- 2 Baths
- 4421407 MLS
Charming and updated brick ranch in the desirable Riceville area of East Asheville! This well-maintained 3-bedroom, 2-bath home features beautiful hardwood floors, newer ...
- 3 Beds
- 2 Baths
- 4423378 MLS
An exceptional in-town retreat offering the best of Asheville living—convenient to West Asheville and downtown, yet surrounded by mature trees, mountain views, and beauti...
- 3 Beds
- 4 Baths
- 4408932 MLS
Owned since 1979! Located at the end of a no-through street, this four-bedroom, two-full-bath split-level home offers flexible living space in a convenient West Asheville...
- 4 Beds
- 3 Baths
- 4420738 MLS
Enjoy the convenience of being just a very short distance from a local coffee shop and restaurants in this low traffic neighborhood. This charming Asheville bungalow ble...
- 2 Beds
- 1 Baths
- 4382752 MLS
Perched in the hills above the Grove Park Inn and minutes from downtown Asheville, this Old World-inspired residence offers a private retreat designed for gracious living...
- 5 Beds
- 6 Baths
- 4423120 MLS
Strong short-term rental potential just outside Asheville city limits! Cute as a button, this charming 1925 bungalow offers an ideal combination of location, character, a...
- 2 Beds
- 2 Baths
- 4421518 MLS
Open, airy and full of natural light, this West Asheville home has so much to love. There's plenty of room to spread out inside and out, starting with a main level that f...
- 3 Beds
- 4 Baths
- 4421009 MLS
Beautifully renovated, move-in ready and pre-inspected! Located directly across the street from the VA Hospital in Asheville’s beautiful Parkway Forest neighborhood, this...
- 3 Beds
- 2 Baths
- 4421393 MLS
Awesome 3BR cottage in popular West Asheville. Original hardwood floors. Living room opens to formal dining room. Spacious Rooms. Deck/patio in back. Space for a garden. ...
- 3 Beds
- 1 Baths
- 4423223 MLS
Amazing opportunity! This sprawling 1906 Five Points classic is loaded with character, history, and raw potential. Built in the traditional four-square style with soaring...
- 8 Beds
- 5 Baths
- 4422866 MLS
Appointment required. No drive-bys. Spectacular long-range mountain views take center stage in this beautifully appointed contemporary home in The Views of Asheville. Des...
- 3 Beds
- 3 Baths
- 4421771 MLS
Tucked away on a quiet, no-through-traffic street in one of North Asheville’s most coveted walkable neighborhoods, this enchanting bungalow feels like a private garden re...
- 2 Beds
- 1 Baths
- 4421842 MLS
Set within Magnolia Farms, a distinctive community of luxury homes on generously sized lots, this thoughtfully crafted home combines mountain views, custom details, and e...
- 4 Beds
- 3 Baths
- 4421028 MLS
Discover the enduring character of 54 Belmont Avenue, a 1929 Craftsman-style bungalow in the heart of West Asheville, just one block from Haywood Road and its distinctive...
- 2 Beds
- 1 Baths
- 4420958 MLS
Completely renovated, this East Asheville duplex is turnkey ready for occupancy. An excellent opportunity for families or others looking to combine two households. Full ...
- 4 Beds
- 2 Baths
- 4419982 MLS
Positioned just 10 minutes from Downtown Asheville and five minutes from the Biltmore Estate, this fully furnished, turnkey short-term rental puts guests within easy reac...
- 3 Beds
- 3 Baths
- 4421344 MLS
A Captivating 1929 North Asheville Gem | Historic Character, Refined Comfort & Exceptional Versatility Gracefully situated in North Asheville, this enchanting 1929 res...
- 3 Beds
- 3 Baths
- 4417652 MLS
Private showings begin Friday, for this almost-new home in West Asheville. Features include 3 bedrooms, 2 full bathroom, Well appointed kitchen, main floor laundry and a ...
- 3 Beds
- 2 Baths
- 4420309 MLS
Wonderful West Asheville home walkable to restaurants like The Admiral on Haywood and more! Close to downtown and everything quintessential Asheville! Huge renovation ...
- 4 Beds
- 4 Baths
- 4417640 MLS
Not afraid of a project? Good...because this one has potential written all over it. Located in a desirable West Asheville neighborhood, this tiny bungalow is decidedly NO...
- 2 Beds
- 1 Baths
- 4421293 MLS
Welcome to 28 Chapel Park Road, a traditional home with understated craftsman influences. This home combines substantial living space and flexible living arrangements all...
- 4 Beds
- 4 Baths
- 4417215 MLS
Welcome home to 540 Old Haw Creek Rd, a beautifully updated 3-bedroom, 2-bath home in sought-after Haw Creek. This one level home has been refreshed top to bottom: new ro...
- 3 Beds
- 2 Baths
- 4387997 MLS
Tucked away on 3.28 acres in South Asheville, this rare luxury farmhouse offers a sophisticated blend of privacy, versatility, and an established homestead lifestyle. The...
- 5 Beds
- 6 Baths
- 4421419 MLS
Charming and lovingly cared-for brick bungalow in desirable Shope Creek offers a great mix of character, comfort, and outdoor enjoyment. The covered front porch invites y...
- 2 Beds
- 1 Baths
- 4419747 MLS
Have you seen one of the largest Japanese maples in Buncombe County? The house behind it is absolutely amazing too. Picture pulling into the driveway, the magnificent map...
- 4 Beds
- 4 Baths
- 4420417 MLS
Timeless Stone Home on 1.5 Private Acres Beautifully renovated stone home combining timeless craftsmanship with modern updates on 1.5 private acres. This 3-bedroom, 2-...
- 3 Beds
- 2 Baths
- 4422061 MLS
THIS IS IT! A recently updated mid-century 3 Bedroom, 1 Bath ranch home; custom kitchen, with a flexible lower level living area that could be used as a den, workshop, or...
- 3 Beds
- 2 Baths
- 4414961 MLS
A gently wooded sanctuary in the heart of Kenilworth, this 1925 Dutch Colonial offers privacy, character, and beautiful outdoor space just minutes from downtown Asheville...
- 3 Beds
- 3 Baths
- 4420250 MLS
What if your next home could help pay for itself? This versatile property offers a 3BR/2BA main residence plus a separate but connected 2BR/1BA second living quarters, cr...
- 5 Beds
- 3 Baths
- 4419918 MLS
The Winston at Rydele Heights Express offers the perfect blend of space, comfort, and flexibility with a thoughtfully designed layout ideal for modern living. The first-f...
- 4 Beds
- 4 Baths
- 4421836 MLS
Welcome to 11 Tiverton, a beautiful home located in the popular Devonshire subdivision of Asheville. Offering a spacious and versatile floor plan, this home combines comf...
- 4 Beds
- 4 Baths
- 4393987 MLS
Welcome to 12 Sydney Lane. An exceptionally well maintained three bedroom, two bath home in a peaceful neighborhood in West Asheville. This home offers easy one level liv...
- 3 Beds
- 2 Baths
- 4415588 MLS
From the moment you step onto the welcoming front porch, this beautifully preserved 1915 home captures the warmth, character, and craftsmanship of a bygone era. Nestled n...
- 4 Beds
- 4 Baths
- 4421147 MLS
An extraordinary North Asheville estate, this exceptional residence combines refined living, remarkable privacy, and a beautifully appointed guest house on 4.08 acres—jus...
- 5 Beds
- 7 Baths
- 4421624 MLS
In 1922, when West Asheville was still finding its footing, a craftsman built a bungalow on Olney Road. He paid attention to the woodwork, to the way light moved through ...
- 3 Beds
- 3 Baths
- 4421259 MLS
Classic 1928 Craftsman charm meets modern peace of mind on coveted Longview Road, just steps from Haywood Road. This light-filled 2-bedroom, 1-bathroom home boasts beauti...
- 2 Beds
- 1 Baths
- 4418878 MLS
Charming 1920s bungalow with thoughtful updates and plenty of character! Situated on a spacious .26-acre corner lot, this 2-bedroom, 2-bath home offers 1,071 square feet ...
- 2 Beds
- 2 Baths
- 4420153 MLS
Well-maintained Arts & Crafts home by JAG Construction in the heart of West Asheville! GreenBuilt and Energy Star certified, this thoughtfully crafted home pairs energy e...
- 3 Beds
- 3 Baths
- 4421230 MLS
Beautiful wooded lot. Room to expand. Double wide has been used as a rental. Water filter system installed and stays with home. Split bedroom plan. Open great room and ki...
- 3 Beds
- 2 Baths
- 4421510 MLS
Prime investment opportunity in Buncombe County! Located just minutes from I-40 and local grocery store and restaurants, 48 & 49 Cedar Mountain Rd offer incredible potent...
- 3 Beds
- 2 Baths
- 4418594 MLS
Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR FLIP!! Renovate and Build your Family Compound. Current regulati...
- 2 Beds
- 1 Baths
- 4412352 MLS
Enjoy the natural light pouring into this petite property through the jumbo picture windows. Despite the small square footage, this beautifully designed bungalow doesn’t ...
- 2 Beds
- 1 Baths
- 4421448 MLS
Discover modern comfort and the convenience of West Asheville living in this charming, well-maintained home, ideally located just minutes from the River Arts District, Ne...
- 3 Beds
- 4 Baths
- 4418368 MLS
Wow! Book your showing today for this fully renovated brick home in the desirable Redwood Forest community. Step inside and you’ll immediately appreciate the thoughtful u...
- 3 Beds
- 3 Baths
- 4420830 MLS
Rare opportunity to move right into a truly turnkey Grove Park gem. Tucked along a beautiful tree-lined street that feels almost storybook, 33 Maywood Road pairs the char...
- 3 Beds
- 2 Baths
- 4420601 MLS
A truly distinctive architectural residence in the heart of Asheville, 8 Birdhouse Row blends striking mid-century modern design with exceptional outdoor living and an en...
- 4 Beds
- 6 Baths
- 4420477 MLS
Modern GreenBuilt Certified Home in Malvern Walk, a welcoming West Asheville neighborhood of custom homes. Built by award-winning Steel Root Builders, this light-filled h...
- 5 Beds
- 5 Baths
- 4419917 MLS
Beautifully designed and ideally located new construction in Asheville’s desirable Oakley community! Blending contemporary style with warm, inviting finishes, this 3-bedr...
- 3 Beds
- 3 Baths
- 4420583 MLS
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