Storybook Cottage with Income Potential on a Private Acre Near Asheville. Just 20 minutes from downtown Asheville, this charming storybook cottage offers the perfect blend of mountain character, flexibility, and investment opportunity. Nestled on a lush, wooded one-acre lot, the property delivers the privacy and peaceful setting buyers crave, complete with a firepit for gathering under the stars. The main home features convenient main-level living with a cozy fireplace anchoring the living space, while the fully furnished lower-level apartment offers exceptional versatility. With its own newly installed fireplace, the apartment is ideal for short-term rentals, long-term tenants, multi-generational living, or savvy house hackers looking to offset their mortgage. Adding even more value is a detached 350-square-foot studio/workshop, perfect for a home office, artist's retreat, fitness space, or creative workspace. Whether you're searching for a mountain getaway, an income-producing property, or a home with room to live, work, and create, this unique Fairview retreat checks all the boxes. Enjoy the serenity of nature while remaining just minutes from Asheville's restaurants, breweries, shopping, and outdoor adventures.
Single-familyProperty Type
1982Year Built
1.01 acresLot Size
$232Price/Sq.Ft.
Listed by Julie Mallett• Howard Hanna Beverly-Hanks
Contact: julie.mallett@allentate.com
Bought with Alisha Nesbitt• Noble & Company Realty
Est. $2,669 per month, based on comparable rentals
Sale and tax history for 116 Vehorn Rd
Sale History
Tax History
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4345277
Aug 28, 2026
Sold
$389,000
$232/sq ft
Jul 28, 2026
Contingent
—
Jul 10, 2026
Price Changed
$399,000
$238/sq ft
Jul 2, 2026
Price Changed
$409,000
$244/sq ft
Jun 10, 2026
Price Changed
$424,900
$253/sq ft
May 12, 2026
Price Changed
$439,500
$262/sq ft
Mar 31, 2026
Price Changed
$450,000
$268/sq ft
Mar 3, 2026
Price Changed
$497,500
$296/sq ft
Feb 12, 2026
Listed
$525,000
$313/sq ft
CANOPYMLS as Distributed by MLS Grid #4354116
Jul 28, 2026
Contingent
—
Jul 10, 2026
Price Changed
$399,000
$238/sq ft
Jul 2, 2026
Price Changed
$409,000
$244/sq ft
Jun 10, 2026
Price Changed
$424,900
$253/sq ft
May 12, 2026
Price Changed
$439,500
$262/sq ft
Mar 31, 2026
Price Changed
$450,000
$268/sq ft
Mar 6, 2026
Listed
$497,500
$296/sq ft
CANOPYMLS as Distributed by MLS Grid #3743586
Jul 2, 2021
Sold
$413,000
$246/sq ft
May 26, 2021
Contingent
—
May 24, 2021
Listed
$375,000
$223/sq ft
+17
Looking for the perfect mountain getaway? Come escape to the peace and serenity of a beautifully renovated Fairview cottage. Grab a book and head to the fenced in back yard under the canopy and privacy of mature trees. All within the convenience of the backyard, enjoy the 360sf studio with electric and propane heat that is steps away from the private lower level entry and patio. Fully remodeled main and upstairs, complete with new bath featuring shiplap walls. The kitchen is the life of the home with all new cabinets, appliances and butcher block counter tops. Genuine hardwood flooring graces the main level. The new craftsman-style and barn doors, new hardware throughout, and stone tile wall behind furnace in living room add style and character. All that's left to do is for you to move in!
CANOPYMLS as Distributed by MLS Grid #3633295
Nov 12, 2020
Sold
$325,000
$194/sq ft
Oct 6, 2020
Pending
—
Sep 30, 2020
Price Changed
$338,500
$202/sq ft
Aug 20, 2020
Price Changed
$343,000
$204/sq ft
Jul 17, 2020
Listed
$348,500
$208/sq ft
Jul 15, 2020
Coming Soon
$348,500
$208/sq ft
CANOPYMLS as Distributed by MLS Grid #3120907
Nov 17, 2015
Sold
$180,000
$107/sq ft
Oct 13, 2015
Delisted
—
Oct 9, 2015
Listed
$174,900
$104/sq ft
Public Records
Sep 30, 2010
Sold
$167,500
$100/sq ft
Public Records
May 22, 1997
Sold
$77,500
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,827 (+4.3%)
$22,600 + $235,900
$258,500
2024
$1,752 (+5.4%)
$22,600 + $235,900
$258,500
2023
$1,662 (+1.6%)
$37,600 + $220,900
$258,500
2022
$1,636
$37,600 + $220,900
$258,500
2021
$1,636 (+58.8%)
$37,600 + $220,900
$258,500
2020
$1,031
$37,600 + $220,900
$258,500
2019
$1,031 (+4.7%)
$37,600 + $115,300
$152,900
2018
$985
$37,600 + $115,300
$152,900
2017
$985 (−1.0%)
$37,600 + $115,300
$152,900
2016
$995
$37,600 + $115,300
$152,900
2015
$995
$40,900 + $99,500
$140,400
2014
$995
$40,900 + $99,500
$140,400
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.44 Acres
Year renovated
1982
Sq. Ft.
1,620
Year built
1982
Style
Single Family Residential
County
Buncombe County
APN
969646140400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Apr 16, 2026 • Final
Fuel piping
Gas
Aug 19, 2021 • Final
Residential combo
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.
Fireplace Features: Living Room, Propane, Other - See Remarks
Heating & Cooling
Heating Information: Ductless, Propane
Cooling Information: Ductless
Interior Features
Room Count: 7
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring: Carpet, Tile, Wood
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Hard Stucco, Wood
Exterior Features
Patio And Porch Features: Covered, Deck, Front Porch
Property Information
Second Living Quarters: Exterior Connected,Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
Property Type: Residential
Property Sub Type: Single Family Residence
Has Additional Parcels
Zoning: OU
Zoning Specification: OU
Lot Information
Lot Size Area: 1.009
Lot Size Units: Acres
Road Surface Type: Asphalt, Paved
Road Responsibility: Publicly Maintained Road
Utilities
Utility Information
Water Source: Well
Sewer: Septic Installed
Location
Multi-Unit Information
Restrictions: No Representation
HOA Information
HOA Subject To: None
School Information
Elementary School: Fairview
Middle Or Junior High School: Cane Creek
High School: AC Reynolds
Location Information
Directions: Cane Creek Road to right on Charlotte Hwy (74), left on Village Road, left on Garren Creek Road, left on Whitaker Road, right on to Vehorn Road. Home is on the right.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,620
Stories: 1.5
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1982
Year Renovated: 1982
County: Buncombe County
APN: 969646140400000
Home facts updated by county records on Sep 15, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Home Information
Total Property HLA Sq. Ft.: 1678
Living Area: 1678
Above Grade Finished Area: 1,067
Below Grade Finished Area: 611
Sq. Ft. Upper: 456
Sq. Ft. Third: 0
Sq. Ft. Main: 611
Sq. Ft. Lower: 0
Foundation Details: Basement
Levels: One and One Half
Team Information
List Team ID: TM100706
List Team Mls Id: R44999
Around this home
Schools
Fairview Elementary
Public K-5 • Assigned • 1.8mi
8/10
Cane Creek Middle
Public 6-8 • Assigned • 4.5mi
7/10
A C Reynolds High
Public PreK-12 • Assigned • 5.4mi
8/10
Provided by GreatSchools
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 93° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
2 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Fairview, NC • 28730
Average low and high temperatures (°F)
43
25
52
32
64
40
72
48
72
53
82
61
84
66
77
62
75
56
67
47
59
40
49
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Fairview. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$342,000 – $414,000
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