Successful, income-producing short-term rental (STR) just minutes from Asheville, complete with a rare, grandfathered permit, with successful rental history since 2021. This charming 2-bedroom, 2-bath retreat blends comfort, convenience, and proven guest appeal, making it a standout investment in Western North Carolina. The thoughtfully designed interior features inviting living spaces and a well-equipped kitchen suited for both short and extended stays. Guests especially enjoy the cozy porch with firepit-perfect for taking in the region's mild mountain evenings. Interior highlights include heated floors on the lower level, a gas fireplace capable of warming the entire home, a soaking tub, and a bidet for added comfort. With easy access and a low-maintenance setting, the property consistently attracts visitors eager to explore nearby destinations like the Blue Ridge Parkway and the Biltmore Estate, supporting strong year-round demand. Whether you're seeking a turnkey investment or a personal getaway with reliable income, this property delivers. Furnishings are negotiable, and the separate garage with additional storage offers potential conversion.
Single-familyProperty Type
2014Year Built
0.27 acresLot Size
$422Price/Sq.Ft.
Listed by Hope Burk• Howard Hanna Beverly-Hanks Freestone Properties
Listed by Chloe Lunsford• Howard Hanna Beverly-Hanks Freestone Properties
This one of a kind, small but mighty gem was built from the ground up with love and an artistic flare! It is centrally located near everything... downtown, UNCA, Parks, River Arts District and shopping galore! Lizzie’s Nest Has been a successful AirBnB for years and is ready for its new owner. Move in ready with large master suite has a walk in closet,vaulted ceiling and extra room for a separate office .Open kitchen living and dining area . Bedroom on main has small closet that could be enlarged .Enjoy the covered deck to sit and visit ,while social distancing, with your friends.Wonderful garden area and separate garage /workshop/studio. Radiant floor heat on lower level and Rianni on demand gas water heater,mini split heating and air conditioner for entire house . Garage is 24x11.5 also has two separate large storage 24x7&11x8 .Could also be Plenty of room to spread out in the yard if you’d like to possibly build two other houses and create a village feel at the end of this road.
Year
Property tax
Land + Additions
Assessment*
2025
$2,413 (+2.7%)
$53,500 + $188,500
$242,000
2024
$2,349 (+3.9%)
$53,500 + $188,500
$242,000
2023
$2,260 (+1.1%)
$53,500 + $188,500
$242,000
2022
$2,236
$53,500 + $188,500
$242,000
2021
$2,236 (+20.2%)
$53,500 + $188,500
$242,000
2020
$1,860
$53,500 + $188,500
$242,000
2019
$1,860 (+5.5%)
$41,200 + $152,700
$193,900
2018
$1,763 (−1.1%)
$41,200 + $152,700
$193,900
2017
$1,782 (+42.2%)
$41,200 + $152,700
$193,900
2016
$1,253
$41,200 + $152,700
$193,900
2015
$1,253
$28,000 + $96,200
$124,200
2014
$1,253
$28,000 + $96,200
$124,200
Public record
Public record
Zoning
Permits
Beds
1
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Finished Sq. Ft.
1,008
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,008
Year built
2014
Style
Single Family Residential
County
Buncombe County
APN
973071909800000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-7
Residential District
The R-7 Residential District is established as a district where two-family and multifamily dwellings will be permitted along with single-family dwellings. It is expected that public water and sewerage facilities will be available to each lot in such districts.
Jan 24, 2022 • Final
Residential combo
Install a ductless heat pump and add a new electrical circuit.
Electrical
HVAC
Aug 19, 2021 • Final
Residential combo
Install a ductless heat pump and add a new electrical circuit.
Electrical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Asheville, NC • 28804
Average low and high temperatures (°F)
44
26
54
33
66
42
73
50
74
55
83
63
86
68
79
63
76
59
69
48
61
42
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.7 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3 Ravine Ext
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $135,000 and $430,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $430K.