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
Step into your own private retreat in the heart of West Asheville, just minutes from the lively shops and restaurants of Haywood Road and the River Arts District. This be...
- 5 Beds
- 3 Baths
- 4359251 MLS
Charming 3-bedroom, 2-bath historic bungalow perched just above Biltmore Village, where timeless character and modern style come together seamlessly. From the moment you ...
- 3 Beds
- 2 Baths
- 4358791 MLS
Mountain views, flexible living space, and an unbeatable location! Tucked away on a quiet cul-de-sac, this well-maintained 4-bedroom, 3-bath Arts & Crafts home offers spa...
- 4 Beds
- 3 Baths
- 4357400 MLS
Modern mountain luxury meets timeless neighborhood charm in Kenilworth. Just south of downtown Asheville, this striking hillside residence overlooks Biltmore Village and ...
- 4 Beds
- 4 Baths
- 4357837 MLS
Just minutes from downtown Asheville, 66 North Deerhaven Lane is an extraordinary gated luxury estate in Asheville, N.C. offering over five acres of private gardens, awar...
- 6 Beds
- 13 Baths
- 4357942 MLS
Great investment opportunity in the heart of Asheville with multiple income possibilities. This property offers separate entrances for two units and is ideal for investor...
- 1 Beds
- 1 Baths
- 4355693 MLS
Welcome to 327 Heather Court, a well situated four bedroom, two bath home tucked into a quiet cul de sac at the back of the Stoneybrook Subdivision, right at the Ashevill...
- 4 Beds
- 2 Baths
- 4336343 MLS
Versatile Property with Guest House and Workshop – Minutes to Asheville Welcome to 90 Jonestown Road, a unique and versatile property located in the heart of Woodfin —...
- 4 Beds
- 3 Baths
- 4355884 MLS
(MOTIVATED SELLERS!!!!) Charming 1940s traditional in sought-after Malvern Hills! This 4BR/1.5BA home offers character, natural light, and flexible living space. Features...
- 4 Beds
- 2 Baths
- 4356405 MLS
A spacious and newly renovated home in the established Beaverdam neighborhood of North Asheville, this 4-bedroom, 3-bathroom home offers plenty of room to make it your ow...
- 4 Beds
- 3 Baths
- 4352217 MLS
Welcome to 24 Pelzer Street in North Asheville. This charming home offers a comfortable and practical layout that is ideal for a variety of lifestyles, whether you are pu...
- 2 Beds
- 1 Baths
- 4357112 MLS
West Asheville RM-8 opportunity — surveyed .22-acre property with potential for two parcels, just across the French Broad River from the River Arts District. These may e ...
- 3 Beds
- 1 Baths
- 4346715 MLS
West Asheville RM-8 opportunity — surveyed .22-acre property with potential for two parcels, just across the French Broad River from the River Arts District. Welcome to E...
- 3 Beds
- 1 Baths
- 4346734 MLS
Classic Biltmore Park home offers a level, usable yard with a deck that invites you to truly enjoy the outdoors, surrounded by the natural beauty that makes this neighbor...
- 4 Beds
- 5 Baths
- 4356778 MLS
Immaculate Arts & Crafts home in a prime Woodfin setting - only minutes to Downtown Asheville, the River Arts District, UNCA, and Merrimon Ave. This thoughtfully designed...
- 4 Beds
- 5 Baths
- 4354022 MLS
In a convenient West Asheville setting, 21 Boyd Ave pairs a remarkably thoughtful floor plan with details that are both beautiful and practical. Upstairs, morning light g...
- 4 Beds
- 3 Baths
- 4356260 MLS
Located in gated Town Mountain Preserve, 14 Twinflower Trail is a four-bedroom, four-and-a-half-bath custom home offering privacy, flexible living space, and convenient a...
- 4 Beds
- 5 Baths
- 4349117 MLS
THIS….is a premium double-lot property in the growing Rock Springs community, ten minutes from the amenities of downtown and West Asheville. The heart of this home opens ...
- 3 Beds
- 2 Baths
- 4352961 MLS
Welcome to this polished, move-in home, where modern design meets the vibrant spirit of West Asheville. The clever layout feels larger than its footprint with an open-con...
- 3 Beds
- 3 Baths
- 4355094 MLS
Discover the perfect blend of modern comfort and urban convenience in this beautifully renovated home in the heart of West Asheville. Recent updates include fresh floorin...
- 4 Beds
- 2 Baths
- 4351192 MLS
Tucked in the heart of Asheville, this beautifully designed one-level home, plus bonus room, offers the perfect blend of modern comfort and mountain-city convenience. Loc...
- 3 Beds
- 3 Baths
- 4354681 MLS
Priced at $649,900, this well-maintained South Asheville home offers exceptional value with over 3,000 square feet of finished living space in one of the area’s most desi...
- 4 Beds
- 4 Baths
- 4351990 MLS
Just half a mile from the vibrant intersection of Brevard Road and Haywood Road—the heart of West Asheville—this rare offering presents a unique blend of history, charact...
- 4 Beds
- 2 Baths
- 4354273 MLS
Thoughtfully curated whole-house renovation on one of Kenilworth’s most adored streets—a harmonious blend of historic character and refined modern living. This classic co...
- 3 Beds
- 5 Baths
- 4353910 MLS
You gave feedback and the seller listened! New glass shower doors in both bathrooms and a new gravel driveway! Welcome to this beautifully completely remodeled home n...
- 2 Beds
- 2 Baths
- 4353520 MLS
Life in Asheville's most coveted gated communities rarely comes with this kind of accessibility — and 39 Windover Drive delivers both effortlessly. Positioned within Popl...
- 4 Beds
- 6 Baths
- 4352682 MLS
This newly constructed 4-bedroom, 3-bath home offers a gorgeous open-concept kitchen, living, and dining area, thoughtfully designed to appeal to a wide range of buyers. ...
- 4 Beds
- 3 Baths
- 4351891 MLS
This newly constructed 4-bedroom, 3-bath home features a gorgeous open-concept kitchen-living-dining floor plan thoughtfully designed to appeal to all buyers. The kitche...
- 4 Beds
- 3 Baths
- 4333596 MLS
With Mediterranean architectural touches and a backyard that has been extensively landscaped this home is totally unique and highly livable. Step into a bright, spacious...
- 3 Beds
- 2 Baths
- 4351918 MLS
About 10 minutes to downtown Asheville and 5 minutes to AC Reynolds, this pre-inspected stunning mountain-view retreat offers the perfect blend of privacy, convenience, a...
- 5 Beds
- 4 Baths
- 4350283 MLS
This cute-as-a-button 1950's cottage offers a flat, usable yard and an inviting front porch perfect for relaxing. Inside, this move-in ready home features a beautifully u...
- 3 Beds
- 2 Baths
- 4343337 MLS
Welcome to this beautifully updated 3-bedroom, 3-bathroom home in the desirable Country Creek community, conveniently located between North Asheville and Weaverville. Off...
- 3 Beds
- 3 Baths
- 4338421 MLS
PRICE IMPROVEMENT !!Don't miss this 2 bedroom 2 bath split floor plan. Large living room with nice size closet. Bedrooms and living room have beautiful refinished hardw...
- 2 Beds
- 2 Baths
- 4350606 MLS
In The Ramble Biltmore Forest, this thoughtfully designed residence pairs timeless architecture with exceptional craftsmanship in one of Asheville's premier gated communi...
- 5 Beds
- 4 Baths
- 4347455 MLS
Welcome home to this beautiful 4-bedroom, 2.5-bath residence tucked away in the quiet, family-friendly cul-de-sac neighborhood of Sweetbriar Grove! Located in the highly ...
- 4 Beds
- 3 Baths
- 4343208 MLS
Set on a private estate lot in The Ramble at Biltmore Forest, this thoughtfully designed home by Carlton Edwards combines timeless architecture with modern comfort in one...
- 6 Beds
- 5 Baths
- 4344945 MLS
An extraordinary opportunity to create a legacy residence on a rare 3.96-acre estate parcel in the heart of Biltmore Forest. Thoughtfully envisioned and masterfully built...
- 4 Beds
- 4 Baths
- 4349500 MLS
Quintessential West Asheville Arts & Crafts just steps from Haywood Road — right in the heart of one of Asheville’s most vibrant and walkable areas. Enjoy easy access to ...
- 2 Beds
- 1 Baths
- 4349394 MLS
Enjoy breathtaking panoramic views of both the golf course and surrounding mountains from this beautifully renovated home located at 41 Robinhood Road in North Asheville....
- 4 Beds
- 4 Baths
- 4347449 MLS
With a Walk Score of 74, this 3-bedroom, 2.5-bath home with a fully finished basement offers easy access to the best of West Asheville — just five minutes to Taco Billy, ...
- 3 Beds
- 3 Baths
- 4343348 MLS
Fall head over heels in love with this adorable remodeled cottage. One peek inside and you will say "Be Mine". You will cherish the new kitchen with granite counters, fre...
- 2 Beds
- 1 Baths
- 4345374 MLS
Rare flexible zoning sets this intentionally designed new construction cottage apart—offering the ability to live, work, and create just south of Biltmore Village. Built ...
- 3 Beds
- 3 Baths
- 4344145 MLS
Luxury modern masterpiece, where striking contemporary architecture, expansive mountain views, and like-new 2022 construction come together on a private 2.6-acre setting....
- 3 Beds
- 5 Baths
- 4334773 MLS
This recently built home sits in North Asheville's Lakeview Park near AVL Country Club, with sweeping views of Beaver Lake and a nearby wildflower field. Floor-to-ceiling...
- 3 Beds
- 4 Baths
- 4344575 MLS
Discover Ashecroft, a premier new home community in beautiful Asheville! Nestled in a serene wooded setting, yet minutes from shopping, dining, and everyday conveniences....
- 3 Beds
- 3 Baths
- 4343364 MLS
Discover Ashecroft, a premier new home community in beautiful Asheville! Nestled in a serene wooded setting yet minutes from shopping, dining, and everyday conveniences. ...
- 3 Beds
- 3 Baths
- 4343376 MLS
Discover Ashecroft, a premier new home community in beautiful Asheville! Nestled in a serene wooded setting yet minutes from shopping, dining, and everyday conveniences. ...
- 3 Beds
- 2 Baths
- 4343386 MLS
Discover Ashecroft, a premier new home community in beautiful Asheville! Nestled in a serene wooded setting yet minutes from shopping, dining, and everyday conveniences. ...
- 3 Beds
- 2 Baths
- 4343392 MLS
Discover Ashecroft, a premier new home community in beautiful Asheville! Nestled in a serene wooded setting yet minutes from shopping, dining, and everyday conveniences. ...
- 3 Beds
- 3 Baths
- 4343400 MLS
Roof and gutters updated in 2025! Tankless water heater installed in 2025! Welcome to this meticulously maintained, one-owner home in the highly desirable River Walk comm...
- 3 Beds
- 2 Baths
- 4343147 MLS
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