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
Presenting exceptional value. This custom Arts & Crafts home in The Ramble at Biltmore Forest offers timeless design, remarkable flexibility and an exceptional opportunit...
- 5 Beds
- 4 Baths
- 4291179 MLS
Now back on the market through no fault of the house or owners...PLATINUM GREEN BUILT MASTERPIECE IN OLIVETTE. Command true energy sovereignty in this architecturally stu...
- 3 Beds
- 4 Baths
- 4290500 MLS
NOW PRICED SO BUYERS CAN RENOVATE TO THEIR OWN TASTES! This special home checks so many of the boxes and you won't be disappointed. The NAVL/Beaverdam location on a lar...
- 3 Beds
- 4 Baths
- 4283730 MLS
MASTER BUILDER KIRIL NIKOLOV is pleased to present another gorgeous build in East/West Asheville, Location-Location-Location. This beauty is steps away from New Belgium a...
- 3 Beds
- 4 Baths
- 4283034 MLS
Solidly built and brimming with potential, this expansive home on 1.3 acres in coveted Upper Sondley represents one of the most compelling opportunities in the Asheville ...
- 4 Beds
- 5 Baths
- 4283566 MLS
Walk to everything that makes Asheville iconic — then come home to a brand-new residence built to the highest standard. This rare Kenilworth new build places you steps fr...
- 3 Beds
- 4 Baths
- 4249602 MLS
Allow me to reintroduce myself: with a new roof, updated electric, and the same rare architectural pedigree that first made it a Montford gem, the Jackson-Peyton House — ...
- 11 Beds
- 12 Baths
- 4280409 MLS
Nestled on nearly 1.5 private acres in the coveted Sondley Estates, this stunning, light-filled Asheville home offers the perfect blend of luxury and tranquility. A pictu...
- 4 Beds
- 3 Baths
- 4280880 MLS
Commanding breathtaking 180-degree views of the Blue Ridge Mountains and the Asheville skyline, this extraordinary European-inspired estate presents a rare opportunity to...
- 4 Beds
- 6 Baths
- 4280892 MLS
Proposed construction (subject to HOA approval) by award-winning Red Tree Builders in one of Asheville’s most sought-after locations. Thoughtfully designed with modern mo...
- 3 Beds
- 4 Baths
- 4279385 MLS
Classic 1920's house with incredible primary suite addition, enormous deck overlooking street below- perfect for entertaining, carport, 3 bedrooms, 2 baths, dining room, ...
- 3 Beds
- 2 Baths
- 4276720 MLS
Spanning more than four acres of curated gardens, open meadows and fern-covered forest, this exceptional estate captures the beauty and tranquility of mountain living in ...
- 8 Beds
- 9 Baths
- 4268471 MLS
Great investment opportunity in a wonderful West Asheville location, right around the corner from Sunny Point Café and the vibrant Haywood Road corridor. This unique prop...
- 4 Beds
- 3 Baths
- 4259488 MLS
Investors: the perfect house and ADU, 3/4 m from Mission Hosp... New Price/June 2026! Quite the find on a serene Kenilworth hillside—perfect for investors or smart homeow...
- 2 Beds
- 3 Baths
- 4261311 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
- 4264538 MLS
An amazing and instant equity opportunity to own a masterfully designed and architecturally distinguished residence in the coveted enclave of Thoms Estate—designed by Pla...
- 4 Beds
- 4 Baths
- 4262687 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...
- 3 Beds
- 3 Baths
- 4258347 MLS
Imagine if your mountain vacation home, your waterfront property, and your primary residence were one in the same! Come see this outstanding creekfront retreat tucked in...
- 5 Beds
- 6 Baths
- 4255032 MLS
Dreaming of a "Cabin in the Woods" vibe with the convenience of city living just minutes away? Welcome to 19 Frontier Court! This charming property offers 3 bedrooms, 2 b...
- 3 Beds
- 2 Baths
- 4254275 MLS
Within the gated community of Sovereign Oaks, this custom modern home offers a peaceful retreat surrounded by nature, just seven miles from downtown Asheville. Designed t...
- 4 Beds
- 4 Baths
- 4250259 MLS
Seller would love an offer. Exceptional value in Reynolds Mountain. A must-see North Asheville home. Ideally between downtown Asheville and charming Weaverville, this bea...
- 3 Beds
- 4 Baths
- 4245767 MLS
Welcome to 8 Fairway Place, where timeless architecture, exceptional craftsmanship, and refined living come together in one of Asheville’s most coveted communities. Inspi...
- 5 Beds
- 8 Baths
- 4245541 MLS
Schedule your tour TODAY as this incredible property is now listed UNDER $1.8M!! Priced WELL BELOW replacement value (new construction for this size and quality of home w...
- 5 Beds
- 5 Baths
- 4246585 MLS
Reduced, motivated seller. Ideally tucked away on a quiet dead-end street, this well-appointed home offers uncommon privacy just minutes from Haywood Road's restaurants, ...
- 4 Beds
- 3 Baths
- 4232266 MLS
Brand New and Move-in Ready! Woodcrest at Biltmore Terrace features newly constructed single-family homes in this walkable south Asheville neighborhood! No City Taxes to ...
- 4 Beds
- 3 Baths
- 4228836 MLS
Brand-new construction in South Asheville! Welcome to 33 Loblolly Lane in Biltmore Terrace, a walkable community of thoughtfully built homes. This Energy Star–certified 3...
- 3 Beds
- 3 Baths
- 4228799 MLS
Home Sweet Home! This charmer is like new! it has been very well maintained, 3 Bedroom 2 bath home; there was no storm damage, but, the home has a brand new roof and shut...
- 3 Beds
- 2 Baths
- 4213787 MLS
This property offers exceptional value—whether you’re searching for your next home or a high-performing investment. With permitted short-term rentals, you can start gener...
- 4 Beds
- 4 Baths
- 4201409 MLS
Proposed Old World style charming cottage designed by the Studio of Christopher Phelps and to be built by Priesh Construction.
- 3 Beds
- 4 Baths
- 4161813 MLS
Across from the Leah Chiles Park in Kenilworth, an unassuming entrance lined with Skip Laurels, opens up to a forested urban estate, a private forest of rare conifers fro...
- 4 Beds
- 7 Baths
- 4157016 MLS
RARE BUILDER/INVESTOR OPPORTUNITY! 53+/- breathtaking acres of rolling pasture and mature hardwoods in prime South Asheville. A developer's dream or ultimate private esta...
- 3 Beds
- 1 Baths
- 3918824 MLS
Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Ashevill...
- 3 Beds
- 1 Baths
- 3603724 MLS
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