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
Priced below recent appraisal and county assessed value! Fantastic value located in West Asheville, 89 Vance Crescent Ext provides a short walk to Haywood Road with resta...
- 4 Beds
- 4 Baths
- 4338074 MLS
GreenBuilt 4-bed 3.5-bath home by award-winning JAG Construction and Wilson Architects. Intentionally designed floor plan to suit modern-day life with an owner's suite an...
- 4 Beds
- 4 Baths
- 4333114 MLS
Exquisite newer construction perfectly situated just steps from Beaver Lake, nestled in the heart of North Asheville. This stunning residence boasts a seamless open floor...
- 3 Beds
- 3 Baths
- 4322772 MLS
New construction, started 3/26, Arts and Crafts home in Pinebrook Farms with 3,103 sq. ft. of spacious, comfortable living. This home offers true main-level living with 3...
- 3 Beds
- 3 Baths
- 4328429 MLS
Welcome to this beautifully remodeled 3 bedrooms 2 full baths with modern touches. Just 12 minutes from vibrant Downtown Asheville. Fully updated and move-in ready, this ...
- 3 Beds
- 2 Baths
- 4330803 MLS
Zoned residential or commercial with plenty of options in between! This beautiful, private, and modern style house is a must see! Complete with 4 bedrooms, 3 bath; along ...
- 4 Beds
- 3 Baths
- 4316363 MLS
Rare opportunity to own acreage with flexibility and convenience in sought-after South Asheville! This 4-bedroom, 2 full bath, 1 half bath ranch-style home sits on an imp...
- 4 Beds
- 3 Baths
- 4332671 MLS
Surrounded by mature hardwoods, native mountain flora and abundant wildlife, this exceptional Buffalo Mountain home captures the beauty and tranquility of mountain living...
- 3 Beds
- 4 Baths
- 4332345 MLS
Commanding one of Asheville’s most awe-inspiring mountain panoramas, this extraordinary private estate offers over 7,000 square feet of dramatic architecture, refined cra...
- 4 Beds
- 7 Baths
- 4331127 MLS
67 Shawnee Trail-A Rare Offering of Scale, Infrastructure, and Possibility Positioned between Tunnel Road and I-240, and adjacent to the established residential communit...
- 2 Beds
- 1 Baths
- 4331437 MLS
- none Bldg.
Excellent Investment Opportunity!!! Successful and Fully Permitted Vacation Rental, just 5 minutes to Downtown Asheville. Located on Riverside Drive, directly across from...
- 3 Beds
- 4 Baths
- 4330744 MLS
Excellent Investment Opportunity!!! Successful and Fully Permitted Vacation Rental, just 5 minutes to Downtown Asheville. Located on Riverside Drive, directly across from...
- 3 Beds
- 3 Baths
- 4330956 MLS
Excellent Investment Opportunity!!! Successful and Fully Permitted Vacation Rental This is the Largest home in this community, with a second 1br/1ba unit in the lower l...
- 4 Beds
- 4 Baths
- 4330741 MLS
Perched atop coveted Sunset Mountain, this is one of Asheville's most spectacular vantage points, where endless Blue Ridge vistas and unforgettable sunsets become part of...
- 3 Beds
- 4 Baths
- 4329108 MLS
New construction, started March 2026, Arts and Crafts home in Pinebrook Farms with 3,103 sq. ft. of spacious, comfortable living. This home offers true main-level living ...
- 4 Beds
- 3 Baths
- 4322333 MLS
- Pinebrook Farms Bldg.
Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends i...
- 3 Beds
- 4 Baths
- 4326762 MLS
Welcome to your dream home in West Asheville! This brand-new build combines modern style, comfort, and everyday convenience. Offering just over 2,000 square feet, this ho...
- 3 Beds
- 3 Baths
- 4325107 MLS
This beautifully updated home features 3 bedrooms and 2 full bathrooms, offering a bright, modern feel throughout. The recent remodel includes new flooring, updated fixtu...
- 3 Beds
- 2 Baths
- 4322358 MLS
CHECK OUT THE NEW PRICE!!! 33 acres of gently rolling to level land. If you are looking for a private family estate, an event space, a mini farm for gardens or animals,...
- 4 Beds
- 7 Baths
- 4326720 MLS
A rare find! This spacious 1920s Arts & Crafts home set on a generous 0.38-acre lot, is brimming with rustic charm and modern convenience. With 4 bedrooms and 4.5 baths—...
- 4 Beds
- 5 Baths
- 4321229 MLS
Designed for the way people want to live today, this inviting North Asheville retreat offers a rare combination of multi-generational flexibility, privacy, and income pot...
- 5 Beds
- 4 Baths
- 4321982 MLS
Live the ultimate West Asheville lifestyle in this certified Green Construction masterpiece by JAG Builders, nestled in the highly coveted Craggy Park community. This rar...
- 4 Beds
- 4 Baths
- 4321609 MLS
Over 1/2 acre with a lovely simple-living bungalow in the OAKLEY neighborhood. Unique property with HUGE potential: - subdivide 2-3 lots (to be confirmed by buyer), ...
- 2 Beds
- 1 Baths
- 4321438 MLS
New and Improved Pricing! Effortless one-level living awaits you in Bonito Ocaso in Crowell Farms! This thoughtfully designed home blends peaceful mountain community life...
- 3 Beds
- 2 Baths
- 4318264 MLS
Renovated Arts & Crafts Bungalow right outside the Asheville city limits. Featuring ONE LEVEL LIVING, 3 bedrooms, 2 bathrooms, and an open floor plan design. Sit, relax, ...
- 3 Beds
- 2 Baths
- 4320731 MLS
NEW CONSTRUCTION! This European inspired custom home plan features main level living with custom finishes. Near the end of a large cul-de-sac, this home offers an op...
- 4 Beds
- 5 Baths
- 4320178 MLS
Experience modern mountain living in this stunning JAG Construction home, ideally located in East Asheville’s established Haw Creek community. This thoughtfully designed ...
- 3 Beds
- 3 Baths
- 4317247 MLS
Welcome to 108 Galloway Drive, nestled in the serene Blake Mountain Estates community near Biltmore Park. Surrounded by lush, mature landscaping, this beautiful home feel...
- 4 Beds
- 3 Baths
- 4318726 MLS
Modern living at its best in West Asheville. Crafted by Sure Foot Builders, this thoughtful contemporary home features a custom energy-efficient design that balances an u...
- 3 Beds
- 3 Baths
- 4315446 MLS
Experience modern mountain living at 65 Greenwood Fields Drive in Asheville, North Carolina. Nestled within the sought-after Greenwood Fields community, this brand-new 20...
- 3 Beds
- 2 Baths
- 4312948 MLS
Unique Opportunity in Kenilworth – 2.23 Lovely Acres with 1920s Vintage Home. Unlock the potential of 2.23 acres in Asheville’s highly desirable Kenilworth neighborh...
- 5 Beds
- 2 Baths
- 4314070 MLS
Light, bright, and impeccably designed, this modern farmhouse by The Pitrolo Company sits at the heart of Olivette Farm—Asheville’s award-winning agrihood along the Frenc...
- 4 Beds
- 3 Baths
- 4312762 MLS
PRICE REDUCED and READY FOR YOUR VISION! This property is being offered BELOW tax value. Versatile Building with Excellent Access and Great Potential... This concrete bl...
- 2 Baths
- 4312244 MLS
Live just blocks from the restaurants, breweries, coffee shops, and energy that make West Asheville one of the city's most sought-after neighborhoods. This newly built ho...
- 3 Beds
- 2 Baths
- 4311004 MLS
Incredible opportunity to own one of only two single-family residences in the new Reynolds Mountain Villas community. Crafted with the same quality and attention to detai...
- 3 Beds
- 4 Baths
- 4306570 MLS
Refined living and everyday convenience in this beautifully appointed 5-bedroom, 4.5-bathroom home in the highly desirable Biltmore Park community. Designed with both com...
- 5 Beds
- 5 Baths
- 4310417 MLS
Welcome to 61 Blue Ridge Acres, where the best of Asheville living unfolds right outside your door. Nestled on a generous, open lot with sweeping mountain views, this bea...
- 3 Beds
- 3 Baths
- 4306669 MLS
Introducing “The Harper” by Arthur Rutenberg Homes — a stunning custom-designed luxury home proposed to be built in the prestigious Reynolds Mountain community in Ashevil...
- 3 Beds
- 4 Baths
- 4304165 MLS
Discover timeless character and modern convenience in this 5-bedroom, 2-bath home built in 1943. Nestled off Old Haw Creek Road, this property offers a blend of original ...
- 5 Beds
- 2 Baths
- 4307424 MLS
Investment opportunity in West Asheville just minutes from Smoky Park Hwy, This property is a great location close to everything West Asheville has to offer. Several new ...
- 4 Beds
- 2 Baths
- 4307370 MLS
Significant price improvement. Introducing a truly exceptional property hitting the market for the first time – an elegant estate nestled in the highly sought-after Carte...
- 4 Beds
- 4 Baths
- 4305572 MLS
Walk to Beaver Lake. Stroll to the Beaver Lake Bird Sanctuary. Grab groceries at Fresh Market. Tee off at the Country Club of Asheville. This is the everyday reality of l...
- 3 Beds
- 4 Baths
- 4304485 MLS
Modern Net-Zero Luxury in Asheville. Located in the eco-conscious Green Acres community, this custom-built residence seamlessly blends high-end modern design, true susta...
- 3 Beds
- 3 Baths
- 4305834 MLS
A home for those that appreciate classic elegance, but need 21st century amenities. This home located in the historic town of Biltmore Forest offers a showpiece for those...
- 5 Beds
- 7 Baths
- 4301741 MLS
In one of the area's sought-after neighborhoods, where homes rarely become available, this thoughtfully designed residence offers abundant natural light, refined finishes...
- 3 Beds
- 4 Baths
- 4301123 MLS
NOW COMES FULLY FURNISHED!! RIGHT DOWN TO THE KEURIG! Less than 10 minutes to DT Asheville! Walk to the French Broad River and enjoy a beverage from High Five Coffee or ...
- 2 Beds
- 2 Baths
- 4304470 MLS
Welcome to 39 Pacifico in Welcome to Bonito Ocaso—Spanish for Beautiful Sunset—a fitting name for this exceptional home, where evening strolls through the peaceful, sidew...
- 4 Beds
- 3 Baths
- 4298660 MLS
Beautifully maintained and move-in ready, this charming home offers an exceptional location just minutes from Biltmore Village. The thoughtfully designed 3-bedroom, 2.5-b...
- 3 Beds
- 3 Baths
- 4296002 MLS
Unique Opportunity for large home and developable property in highly desirable 5 Points neighborhood, walkable to Downtown and greenways. Potential for medium density res...
- 4 Beds
- 6 Baths
- 4299248 MLS
Unique Opportunity for large home and developable property in highly desirable 5 Points neighborhood, walkable to Downtown and greenways. Potential for medium density res...
- 4 Beds
- 6 Baths
- 4299259 MLS
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