Great income producing property live in one and rent out the other (2BR, 1 BA Main house and 2BR, 1BA Garage/cottage) located only fifteen minutes from downtown Asheville. It rests on a little less than two acres, and nestles a 1930s farmhouse in addition to a two-bedroom 1950s cottage apartment. Main house has several bonus rooms, 2 which are not counted in sq footage. There is a modest garden, compost, and well water on the property. Heating is primarily biodiesel and wood stoves to heat both houses. The property has been home to an herbal apothecary, a yoga/meditation studio, ayurvedic day spa, and a newly-crafted outdoor walking meditation spiral. Plenty of room to garden and for your furry friends to roam and play!
Great income producing property live in one and rent out the other (2BR, 1 BA Main house and 2BR, 1BA Garage/cottage) located only fifteen minutes from downtown Asheville. It rests on a little less than two acres, and nestles a 1930s farmhouse in addition to a two-bedroom 1950s cottage apartment. Main house has several bonus rooms, 2 which are not counted in sq footage. There is a modest garden, compost, and well water on the property. Heating is primarily biodiesel and wood stoves to heat both houses. The property has been home to an herbal apothecary, a yoga/meditation studio, ayurvedic day spa, and a newly-crafted outdoor walking meditation spiral. Plenty of room to garden and for your furry friends to roam and play!
Public Records
Aug 3, 2007
Sold
$184,500
$161/sq ft
Public Records
Jun 29, 1994
Sold
$83,000
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,788 (+4.4%)
$28,600 + $231,700
$260,300
2024
$1,713 (+3.1%)
$28,600 + $231,700
$260,300
2023
$1,661 (+1.6%)
$58,600 + $201,700
$260,300
2022
$1,635
$58,600 + $201,700
$260,300
2021
$1,635 (+18.4%)
$58,600 + $201,700
$260,300
2020
$1,381 (+23.7%)
$58,600 + $201,700
$260,300
2019
$1,116
$55,200 + $151,200
$206,400
2018
$1,116 (−1.5%)
$55,200 + $111,600
$166,800
2017
$1,133 (−5.9%)
$55,200 + $111,600
$166,800
2016
$1,203 (−1.0%)
$55,200 + $111,600
$166,800
2015
$1,215 (+4.2%)
$55,200 + $106,500
$161,700
2014
$1,166
$55,200 + $108,200
$163,400
Tax history for 139 Martin Branch Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,788 (+4.4%)
$28,600 + $231,700
$260,300
2024
$1,713 (+3.1%)
$28,600 + $231,700
$260,300
2023
$1,661 (+1.6%)
$58,600 + $201,700
$260,300
2022
$1,635
$58,600 + $201,700
$260,300
2021
$1,635 (+18.4%)
$58,600 + $201,700
$260,300
2020
$1,381 (+23.7%)
$58,600 + $201,700
$260,300
2019
$1,116
$55,200 + $151,200
$206,400
2018
$1,116 (−1.5%)
$55,200 + $111,600
$166,800
2017
$1,133 (−5.9%)
$55,200 + $111,600
$166,800
2016
$1,203 (−1.0%)
$55,200 + $111,600
$166,800
2015
$1,215 (+4.2%)
$55,200 + $106,500
$161,700
2014
$1,166
$55,200 + $108,200
$163,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.25 Acres
Year renovated
1938
Sq. Ft.
1,449
Year built
1938
Style
Other
County
Buncombe County
APN
970117465500000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 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.
Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Electric Dryer Hookup, Refrigerator, Wall Oven
Flooring: Wood
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick, Wood Siding, Other
Property Information
Second Living Quarters: Guest House
Property Type: Residential
Property Sub Type: Single Family Residence
Lot Information
Lot Size Area: 1.25
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Water Heater Information: Electric
Location
Multi-Unit Information
# of Units: 0
HOA Information
HOA Subject To: None
School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified
Location Information
Directions: From Downtown: Take Patton Avenue to New Leicester Hwy. RIGHT on New Leicester Hwy. Go 8.4 mi to Martin Branch Rd. RIGHT on Martin Branch Rd, take first RIGHT to stay on Martin Branch Rd. Veer RIGHT to stay on Martin Branch Rd, house will be on the RIGHT
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,449
Stories: 1.5
Lot Size: 1.25 acres
Style: Other
Year Built: 1938
Year Renovated: 1938
County: Buncombe County
APN: 970117465500000
Home facts updated by county records on Aug 10, 2026
Other
Home Information
Living Area: 1144
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1144
Sq. Ft. Lower: 0
Second Living Quarters Heated Living Area: 529
Building Area Total: 1144
Foundation Details: Basement
Structure Type: 1.5 Story/Basement
Around this home
Schools
Leicester Elementary
Public PreK-4 • Assigned • 0.6mi
5/10
Clyde A Erwin Middle School
Public 7-8 • Assigned • 5.1mi
6/10
Clyde A Erwin High
Public PreK-12 • Assigned • 5.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Leicester, NC • 28748
Average low and high temperatures (°F)
44
22
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30
66
38
72
47
72
52
81
60
84
65
78
61
76
55
69
45
60
39
50
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$318,000 – $385,000
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