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
IMMACULATE HOME WITH A LOW MAINTENANCE EXTERIOR LOCATED ON A PRIVATE ONE ACRE LOT WITH A PARTIALLY FENCED AREA IN THE BEAUTIFUL RICEVILLE VALLEY CLOSE TO THE VA HOSPITAL...
- 3 Beds
- 3 Baths
- 4383997 MLS
Built in 1915 and completely renovated for modern living, 131 Woodrow seamlessly blends timeless character with thoughtful updates in one of Asheville’s most convenient l...
- 3 Beds
- 2 Baths
- 4374888 MLS
Brand-new Green Built home in West Asheville with the features everyone is looking for — an attached garage, flat landscaped yard, modern finishes, and an unbeatable loca...
- 3 Beds
- 3 Baths
- 4382052 MLS
Amazing views down the Beaverdam Valley from this 2/2 partially cleared 8.62 acre property. Less than 10 minutes to shopping on Merrimon Avenue on level, paved roads. The...
- 2 Beds
- 2 Baths
- 4382312 MLS
Discover easy, comfortable living in this beautifully maintained 3-bedroom, 2.5-bath home in the desirable Greenwood Fields community of North Asheville. Thoughtfully des...
- 3 Beds
- 3 Baths
- 4382022 MLS
Lovely 3-bedroom, 2-bath home situated in the popular Oakley area. This property features beautiful hickory floors in the main living area, tile in the kitchen and bathr...
- 3 Beds
- 2 Baths
- 4382558 MLS
Welcome to this well-maintained 3-bedroom, 2-bathroom ranch-style home, perfectly situated in the heart of Oakley. Offering the ease of single-level living, this property...
- 3 Beds
- 2 Baths
- 4382261 MLS
Perched atop Town Mountain on nearly 2.5 mostly level acres, this fully renovated estate captures long-range northwest mountain views and unforgettable year-round sunsets...
- 5 Beds
- 5 Baths
- 4375270 MLS
Discover your dream home in this fantastic, move-in-ready 4-bedroom, 3-bathroom gem, boasting abundant indoor and outdoor space. Recent upgrades include updated bathrooms...
- 4 Beds
- 3 Baths
- 4375018 MLS
Welcome to 84 Hazelwood Road! This 2021 home offers 4 bedrooms, 2 bathrooms, and 1,568+/- sq. ft. of comfortable one-level living in a convenient West Asheville locat...
- 4 Beds
- 2 Baths
- 4381398 MLS
$50,000 price drop from original list price! Urban sanctuary walkable to shops and restaurants in popular downtown West Asheville, Hominy Creek/French Broad Greenways, We...
- 4 Beds
- 4 Baths
- 4351304 MLS
In the mountains of Western North Carolina, this three-story Mountain Craftsman residence offers panoramic long-range mountain views from nearly every room while providin...
- 3 Beds
- 5 Baths
- 4361567 MLS
Beautiful opportunity with incredible potential! This ranch-style home sits on a spacious 2.12 acre property in the highly desirable Riceville area and offers multiple po...
- 3 Beds
- 2 Baths
- 4380460 MLS
Tucked at the end of a quiet cul-de-sac in one of Asheville’s top-tier school districts, this beautifully updated, 3-level home was built for real life, big gatherings, a...
- 5 Beds
- 4 Baths
- 4381997 MLS
Luxury mountain home being offered fully furnished (with the exception of select pieces of furniture/artwork.) Located in North Asheville off of Elk Mt. Scenic Hwy, this...
- 4 Beds
- 4 Baths
- 4381856 MLS
A Singular Opportunity on Sunset Mountain — Where Enduring Craftsmanship Meets Modern Excellence Perched on Sunset Mountain, 24 Westhaven is a 3,800+ square foot resid...
- 3 Beds
- 4 Baths
- 4379464 MLS
Tucked into Asheville’s beloved Montford Historic District, this beautifully maintained three-bedroom, 2.5-bath home offers the ideal blend of comfort, character and conv...
- 3 Beds
- 3 Baths
- 4380581 MLS
Open House Sunday 8/23 2-4PM. Nestled in the well-designed Ashecroft community, 9 Ashe Park Circle offers the perfect blend of quality craftsmanship, thoughtful design, a...
- 4 Beds
- 4 Baths
- 4377416 MLS
Stunning winner of 2025 Parade of Homes Gold Awards for Craftsmanship and Green Certification and 2026 NC Home Builder's Association Green Building Award! This masterpiec...
- 3 Beds
- 3 Baths
- 4381223 MLS
Welcome to this beautiful home in Asheville’s highly desirable Historic Montford district—one of the city’s most sought-after pedestrian-friendly neighborhoods. Once insi...
- 4 Beds
- 4 Baths
- 4379502 MLS
This beautifully maintained home offers modern comfort, thoughtful design, and a welcoming neighborhood atmosphere, all in a convenient location. Inside, the open living ...
- 4 Beds
- 3 Baths
- 4380533 MLS
Welcome to 5 Kent Place! Located in the highly sought after Beaverdam area of North Asheville. Situated on one of the largest lots on Kent Pl. (1.22ac) on a cul de sac....
- 3 Beds
- 2 Baths
- 4379895 MLS
Set within The Ramble at Biltmore Forest, this European-inspired residence combines distinctive architecture with a thoughtful floor plan designed for comfortable everyda...
- 5 Beds
- 7 Baths
- 4377090 MLS
Biltmore Park - in the coveted Braeside enclave! Luxury estate nestled on a private 1.6-acre wooded sanctuary! This move-in ready masterpiece perfectly blends secluded m...
- 4 Beds
- 4 Baths
- 4379518 MLS
Come see how convenient this location is to restaurants, shopping, schools, and all that south Asheville has to offer. This could be next home and it is waiting for you i...
- 3 Beds
- 2 Baths
- 4377673 MLS
Priceless in Design. Timeless in Beauty. Some homes simply cannot be recreated. Carefully positioned across two beautifully situated lots totaling 1.27 acres on Sunset M...
- 4 Beds
- 4 Baths
- 4378966 MLS
Ooooh, don't miss out on this one! Seller is offering $10k credit towards closing costs! This classic Oakley charmer lives SO MUCH larger than the numbers would lead you ...
- 2 Beds
- 2 Baths
- 4378212 MLS
Built in 2024, this beautifully crafted duplex blends modern finishes with strong income potential in a highly desirable location just minutes from downtown Asheville. Ea...
- 2 Beds
- 2 Baths
- 4379650 MLS
Built in 2020, this Arts & Crafts-style home in Oakley’s Wanoca Cottages blends timeless character with modern efficiency. Designed with green construction and Energy Sta...
- 4 Beds
- 3 Baths
- 4377126 MLS
At the end of a quiet road, behind the gates of Sovereign Oaks, the front door opens onto vaulted ceilings, two-story windows, and a great room that breathes; light, spac...
- 3 Beds
- 3 Baths
- 4374670 MLS
Welcome to a home that perfectly blends modern updates with functional living spaces, designed to accommodate a variety of lifestyles. As you arrive, you will immediately...
- 3 Beds
- 3 Baths
- 4379084 MLS
55 Walton St – Charming 1915 classic home ideally located near Mission Hospital, the River Arts District, Biltmore Village, Downtown Asheville, and South Slope. This 4-be...
- 4 Beds
- 2 Baths
- 4370151 MLS
Brand-new GreenBuilt and Energy Star–certified home by JAG Construction in Craggy Park, West Asheville’s premier eco-conscious community. Sited on one of the neighborhood...
- 4 Beds
- 4 Baths
- 4375047 MLS
Bring all offers. The seller is motivated to sell. Ready for your vision and updates this classic brick ranch in Asheville's coveted Grove Park neighborhood is not to b...
- 3 Beds
- 2 Baths
- 4379337 MLS
Charming North Asheville Cottage with Rustic Charm Nestled in the highly desirable North Asheville neighborhood, this 3-bedroom, 2-bathroom home perfectly blends cozy co...
- 3 Beds
- 2 Baths
- 4377780 MLS
Sellers offering a one-year home warranty valued at $1,000! Welcome to 112 Shadowlawn Drive, where thoughtful updates and easy West Asheville living come together. Th...
- 3 Beds
- 2 Baths
- 4377425 MLS
A modern home positioned in the heart of West Asheville where Haywood Road energy and the River Arts District are just minutes away. Local markets, independent shops, bre...
- 3 Beds
- 3 Baths
- 4377715 MLS
Nestled on a verdant 0.82-acre parcel within Asheville's highly coveted, gated Ramble Biltmore Forest, 32 Brookline Drive is an exceptional contemporary estate spanning 5...
- 4 Beds
- 5 Baths
- 4373586 MLS
Classic 3 Bedroom/2 Bath 1-Level Mid-Century Ranch In Coveted Botany Woods! Huge Living Room With Rock Fireplace & Ceiling Fans, Dining Area With Chandelier, Open Kitche...
- 3 Beds
- 2 Baths
- 4378766 MLS
Tucked within one of Asheville’s desired luxury communities, 18 Fairsted Drive is a premier example of high-end mountain modern living, where exceptional craftsmanship, c...
- 4 Beds
- 6 Baths
- 4377643 MLS
Beloved Beaverdam Valley — Privacy, Character & North Asheville Convenience Tucked into the mature, wooded landscape of Asheville's cherished Beaverdam Valley, 34 Wolfe ...
- 3 Beds
- 2 Baths
- 4378451 MLS
Welcome to 5 Locust St--a striking NEW construction 3 bedroom, 2 bath home offering modern design, quality finishes, and easy access to downtown Asheville via the Newbrid...
- 3 Beds
- 2 Baths
- 4376756 MLS
This thoughtfully updated home shows how much impact great design can have and offers a versatile option for a primary residence, second home, or investment property. Wi...
- 3 Beds
- 1 Baths
- 4374697 MLS
Step into timeless charm with this beautifully maintained 1926 home seconds to historic Haywood Rd, West Asheville's most coveted Street, where character and thoughtful u...
- 3 Beds
- 2 Baths
- 4375893 MLS
New construction craftsman style home with pleasing contemporary architectural design, smart stucco exterior and metal roof, conveniently located in the Biltmore Pines su...
- 4 Beds
- 4 Baths
- 4377479 MLS
Welcome to Hess Hill Way, a beautiful estate located at the crest of a hill in the heart of Haw Creek. The main residence is a beautifully remodeled three-bedroom, one-ba...
- 4 Beds
- 2 Baths
- 4365839 MLS
Room to garden, create, and unwind on 2.1 private acres in West Asheville. Main floor living great for aging in place with this three bedroom, two-bath home that offers a...
- 3 Beds
- 2 Baths
- 4376505 MLS
Fully Furnished opportunity! Move in ready and turn key! Just bring your personal belongings! Just 10 minutes from vibrant downtown Asheville, this charming 4-bedroom, ...
- 4 Beds
- 3 Baths
- 4376844 MLS
Experience the perfect blend of historic soul and modern sustainability. Located in Montford near Downtown Asheville, this income-producing 1927 property offers the charm...
- 4 Beds
- 4 Baths
- 4376607 MLS
Set at the end of a quiet cul-de-sac in South Asheville's Glen Merrill neighborhood, this modern mountain home offers exceptional privacy on 7.2 acres with layered long-r...
- 4 Beds
- 4 Baths
- 4374147 MLS
“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”