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
Nestled along the prestigious border of the Biltmore Estate, 69 Forest Road is an oasis of comfort and privacy situated on 1.88 acres of meticulously landscaped grounds a...
- 6 Beds
- 6 Baths
- 4376506 MLS
Convenient to all things Asheville, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience. Set on a manageable, fully fenced lot, this pro...
- 3 Beds
- 2 Baths
- 4372519 MLS
Welcome to 152 Eastmoor Drive, a masterfully reimagined residence that transforms a classic 1991 brick traditional into a nearly 4,400-square-foot luxury estate. Set on a...
- 4 Beds
- 5 Baths
- 4375851 MLS
Welcome to Rydele Heights, our newest community North of Asheville. Conveniently located 5 minutes from Downtown Weaverville, with local shops, cafés, and restaurants. Ne...
- 4 Beds
- 3 Baths
- 4375892 MLS
Introducing a proposed construction Courtyard Villa lot/home package tucked within the gated Villages at Crest Mountain, offering refined mountain living just minutes fro...
- 3 Beds
- 3 Baths
- 4364556 MLS
Introducing a beautifully crafted, newly completed Courtyard Villa tucked within the gated Villages at Crest Mountain, offering refined mountain living just minutes from ...
- 3 Beds
- 3 Baths
- 4364057 MLS
Modern eclectic West Asheville cottage, where charm and updates come together. Step inside, to a bright kitchen with vaulted ceilings that was fully remodeled in 2019 wit...
- 2 Beds
- 1 Baths
- 4372376 MLS
Experience a fresh paradigm of modern mountain luxury at 641 Elk Mountain Scenic Hwy, an architectural masterpiece custom-built by the award-winning Red Tree Builders. Ne...
- 3 Beds
- 3 Baths
- 4364481 MLS
This just in: $20,000 Seller Credit with acceptable offer....Rate buydown? Reduce price? You decide Step into the warmth and character of this delightful 1930s ...
- 2 Beds
- 2 Baths
- 4375366 MLS
Tucked into a gated community on Crest Mountain, custom-designed so the primary suite, dining room, living room and full-length deck all take advantage of year-round moun...
- 3 Beds
- 3 Baths
- 4374488 MLS
West Asheville doesn't just have a vibe — it has a whole ecosystem, and 46 Rumbough Place puts you right in the middle of it. Built in 2016, this clean-lined Green Built ...
- 3 Beds
- 3 Baths
- 4368330 MLS
The seller is offering $5000 toward a rate buy down at closing for qualified buyers with acceptable offer by October 31, 2026. Come see this thoughtfully reimagined West ...
- 4 Beds
- 3 Baths
- 4366279 MLS
Newly reduced and offering exceptional value, this move-in ready home in the established Camelot neighborhood is an ideal opportunity for first-time buyers seeking comfor...
- 4 Beds
- 2 Baths
- 4363963 MLS
Experience the perfect blend of modern luxury, cutting-edge smart home technology, and exceptional walkability in this newly constructed contemporary residence located in...
- 4 Beds
- 4 Baths
- 4373230 MLS
Charming, character-filled, turnkey home with a fully fenced backyard in a highly convenient South Asheville location just off Hendersonville Rd. This bright, open floor ...
- 2 Beds
- 1 Baths
- 4374168 MLS
Back on market, no fault of the seller. West Asheville Modern Bungalow: Proven Resilient & 5 Mins to Haywood Rd! Skip the maintenance of an older home without sacri...
- 3 Beds
- 3 Baths
- 4374624 MLS
Perched above Asheville, this inviting mountain home captures a spectacular, protected view of the Asheville Valley, the Blue Ridge Mountains and the city below. Offering...
- 3 Beds
- 3 Baths
- 4372619 MLS
Positioned within the sought-after Olivette community, this modern farmhouse offers a refined blend of contemporary comfort, energy efficiency, and natural beauty. Westri...
- 3 Beds
- 4 Baths
- 4371030 MLS
Nestled on .92 acres of horticultural splendor within the gated community of Keswick Hills, this stunning custom home is a rare marriage of architectural elegance and bot...
- 4 Beds
- 4 Baths
- 4373676 MLS
This charming starter home is now priced to sell—don't miss your chance to own instead of rent. If you've been waiting for the right home at the right price, take another...
- 2 Beds
- 1 Baths
- 4370982 MLS
Beautifully designed GreenBuilt + Energy Star certified home offers high-efficiency, low-maintenance living in the heart of West Asheville. Light-filled open floor plan f...
- 4 Beds
- 3 Baths
- 4372521 MLS
Luxury, comfort, and convenience are yours in this elegant 5,514 square-foot home, one of the finest residences in sought-after Devonshire, a strollable community adjacen...
- 4 Beds
- 4 Baths
- 4370215 MLS
Charming South Asheville Cottage: Move-In Ready with Incredible Potential! Offering the ultimate in easy living, this updated home features a convenient single-level floo...
- 2 Beds
- 1 Baths
- 4373217 MLS
Beautifully maintained and move-in ready, this 3-bedroom, 3.5-bath home offers the perfect blend of convenience and quality construction. Featuring hardwood floors throug...
- 3 Beds
- 4 Baths
- 4371765 MLS
Intentional living meets everyday comfort on 2.04 private, wooded acres in Greenwood. This high-performance, green-built home sits within a sustainably planned 10-hom...
- 3 Beds
- 3 Baths
- 4372954 MLS
Step into a Preservation Society of Asheville Griffin award-winning masterpiece of architectural heritage. Known historically as Kells Castle, this iconic residence offer...
- 5 Beds
- 5 Baths
- 4373519 MLS
Historic charm meets modern elegance in this exceptionally beautiful home! A gracious wraparound porch sets the tone, inviting you to relax and unwind. Inside, 10-foot ce...
- 4 Beds
- 3 Baths
- 4371504 MLS
Welcome to Eastwood Village! Tucked into one of East Asheville's most charming neighborhoods, this lovely, well-maintained home offers the perfect blend of comfort, styl...
- 3 Beds
- 3 Baths
- 4373000 MLS
A residence of rare scale and sophistication, this home blends modern luxury with timeless comfort because it has been thoughtfully updated and impeccably maintained. On...
- 5 Beds
- 5 Baths
- 4371915 MLS
HISTORIC GROVE PARK AREA MASTERPIECE. Once in a lifetime opportunity to be the next stewards of "Raven's Nest", nestled in the storied and beloved Albemarle Park neighbor...
- 4 Beds
- 2 Baths
- 4339931 MLS
Perched within the prestigious Reynolds Mountain community, this exceptional one-owner contemporary estate offers sweeping mountain vistas just minutes, approximately 3 m...
- 4 Beds
- 5 Baths
- 4369480 MLS
Bring all offers, Seller is motivated. Just minutes from Haywood Road and Carrier Park, this 2022-built 2 bed, 1 bath brings the charm with soaring ceilings, sun-filled s...
- 2 Beds
- 1 Baths
- 4369999 MLS
Start your next chapter in Asheville with space, flexibility, and the kind of privacy that is getting harder to find. This 3-bedroom home with bonus rooms offers a smart ...
- 3 Beds
- 2 Baths
- 4371229 MLS
Tucked into the heart of Erwin, just minutes from Asheville, this charming home combines a comfortable floor plan with inviting outdoor spaces and unexpected versatility....
- 3 Beds
- 4 Baths
- 4371085 MLS
Live and work in the heart of West Asheville with this modern 3-bedroom, 3.5-bath home offering flexibility, efficiency, and exceptional location. Zoned HR-3, this proper...
- 3 Beds
- 4 Baths
- 4369760 MLS
An Architectural Statement in Refined Modern Living | Offered at $4,432,500 | Fully Furnished | Rarely does a residence so effortlessly balance bold design with an un...
- 4 Beds
- 4 Baths
- 4368503 MLS
Built in 2017 by Compact Cottages—named 2024 Builder of the Year by the Builders Association of the Blue Ridge Mountains and winner of two 2025 Parade of Homes distinctio...
- 2 Beds
- 2 Baths
- 4357444 MLS
** BIG PRICE REDUCTION!! SELLERS MOTIVATED!!** Modern Mountain Contemporary with 2.5-Story Vaulted Living Room, Black Stone Fireplace Wall, Year-Round View, Loft, and Pri...
- 4 Beds
- 5 Baths
- 4370920 MLS
This lovely Kenilworth property presents a great opportunity for two unique living spaces. On the main and upper levels, you'll find three cozy bedrooms, two full bathroo...
- 4 Beds
- 4 Baths
- 4370970 MLS
Charming historic bungalow offering a rare opportunity in the heart of Biltmore Village. Per ceiling height limitations, the home is recorded as 163 SF of heated living a...
- 1 Beds
- 1 Baths
- 4368557 MLS
Once in a lifetime opportunity to own 4.1 peaceful acres close to the Blue Ridge Parkway yet only 5 minutes from the Fresh Market and Asheville Country Club. Architect de...
- 4 Beds
- 3 Baths
- 4370241 MLS
BIG PRICE REDUCTION! Tucked away on a serene wooded lot, this 2019 Green-Built/Energy Star gem offers the perfect balance of privacy and convenience in one of Asheville’s...
- 3 Beds
- 3 Baths
- 4369930 MLS
This stunning home sits on nearly 1.5 private acres just minutes from downtown Asheville, offering the perfect blend of luxury, space, and mountain living. With almost 4,...
- 5 Beds
- 3 Baths
- 4368242 MLS
Minutes from West Asheville, this distinctive mid century modern home sits on nearly an acre, offering privacy, exceptional outdoor living, and timeless design. With 2,79...
- 3 Beds
- 4 Baths
- 4368551 MLS
Welcome to 631 Elk Mountain Scenic Hwy, a striking work of architecture masterfully crafted by award-winning Red Tree Builders. Positioned on a pristine 4.89-acre lot jus...
- 3 Beds
- 4 Baths
- 4364466 MLS
A West Asheville Gem - Located just off of HWY 240, Prime Location, just a few minutes drive to downtown Asheville or to The Biltmore!! A Diamond in the Rough as they sa...
- 3 Beds
- 1 Baths
- 4368924 MLS
This is your next home. So close to everything Asheville has to offer. Ten minutes to Foodies paradise, the French Broad Chocolates, to the Music scene, Arts and Crafts. ...
- 3 Beds
- 2 Baths
- 4351754 MLS
Welcome home to this inviting 3-bedroom, 1.5 bath ranch nestled in South Asheville. Blending classic character with thoughtful updates, this home offers both comfort and...
- 3 Beds
- 2 Baths
- 4366165 MLS
Perched above Asheville with sweeping views of the downtown skyline and surrounding Blue Ridge Mountains, this Leicester Village property offers a rare combination of sce...
- 3 Beds
- 3 Baths
- 4363290 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
- 4368540 MLS
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