OFF MARKET

Off Market Nov 2020 for $240K

$329,406

Est. refi paymentEst. refi $789/mo

•

2 ba

•

1,370

sq ft

5 Red Raven Rd, Swannanoa, NC 28778

About this home

Airbnb possibilities!! This property is set up for 2 separate living/rental units. Each with their own kitchen, bath, laundry and access. They could be rented as either short or long term or you could live in one unit while renting the other. The house is convenient to both Asheville and Black Mountain with only a few mile drive to the Blue Ridge Parkway! The units have an extensive list of updates including; new floors, paint, butcher block countertops, electric, plumbing, furnace and roof. A great opportunity for the savvy investor. There are tenants in both units so please be respectful of their privacy. The upstairs has a lease and the basement apartment is rented month to month. A list of financials can be provided with serious interest. Calculate the CAP rate and you will see this as an excellent opportunity.

Single-familyProperty Type

1951Year Built

6,098 sq ftLot Size

$240Est. Price/Sq.Ft.

Listed by Jennifer Pauer • Divitia Realty

Bought with Rebecca Lafunor • Keller Williams Professionals

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #3670638

Redfin Estimate

$329,406

$89K since sold in November 2020$8,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.2% lower than the average sale price ($337K) of 6 comparable homes.

SOLD AUG 13, 2026
$335,000
A
3 beds2 baths1,764 sq ft
215 Old US 70 Hwy E, Swannanoa, NC 28711
SOLD JUN 22, 2026
$240,000
B
3 beds2 baths1,300 sq ft
120 Harrison St, Swannanoa, NC 28778
SOLD BY REDFIN MAR 27, 2026
$399,000
C
3 beds2 baths1,400 sq ft
613 Bee Tree Rd, Swannanoa, NC 28778
SOLD AUG 7, 2026
$385,900
D
3 beds2 baths1,372 sq ft
67 Wagon Rd, Asheville, NC 28805
SOLD JUL 15, 2026
$310,000
E
3 beds1 bath1,328 sq ft
125 Edwards Ave, Swannanoa, NC 28778
SOLD JUN 30, 2026
$350,000
F
3 beds1.5 baths1,048 sq ft
305 Melody Cir, Swannanoa, NC 28778

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,864/mo

Redfin rental estimate

List your home for rent

Market trends in 28778, NC

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

+1.4% MoM

Median sale price

$439K

$5K MoM

Avg. days on market

63d

8 days MoM

Recently sold homes

5 MoM

New listings for sale

$619,900
3 beds2 baths1,757 sq ft
39 Village Overlook Loop, Swannanoa, NC 28778
$750,000
2 beds2 baths2,675 sq ft
225 Long Branch Rd, Swannanoa, NC 28778
$270,000
2 beds1 bath1,040 sq ft
375 Bee Tree Rd, Swannanoa, NC 28778
OPEN SEP 5, 12PM TO 2PM
$629,000
4 beds3.5 baths2,650 sq ft
310 Magnolia Ridge Rd, Swannanoa, NC 28778
3D WALKTHROUGH
$769,900
3 beds2 baths2,884 sq ft
366 Summer Haven Rd, Swannanoa, NC 28778
3D WALKTHROUGH
$405,000
3 beds2.5 baths1,399 sq ft
613 Salem Heights Ln, Swannanoa, NC 28778
$425,000
3 beds2 baths1,511 sq ft
620 Old Lytle Cove Rd Lot 1, Swannanoa, NC 28778
See all

Provided by Redfin

Sale history for 5 Red Raven Rd

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #3670638

Nov 18, 2020

Sold

$240,000

$175/sq ft

Oct 18, 2020

Pending

—

Oct 13, 2020

Listed

$255,000

$186/sq ft

CANOPYMLS as Distributed by MLS Grid #3269428

May 25, 2017

Sold

$102,500

$75/sq ft

May 25, 2017

Sold

$102,500

$75/sq ft

Apr 17, 2017

Delisted

—

Apr 17, 2017

Delisted

—

Apr 9, 2017

Listed

$89,000

$65/sq ft

Apr 8, 2017

Listed

$89,000

$65/sq ft

3 bed/1 bath home convenient to Asheville and Black Mountain. Home features eat-in kitchen, living room, and walk-out basement w/ bedroom and den. Ready for new owners to update and make their own! Case#381-859560. Insured Escrow. Subject to Appraisal. Seller/listing agent makes no representations or warranties as to property condition. Sold As-Is. Equal Housing Opportunity. Seller may contribute up to 3% for buyer closing costs upon buyer request. Property may contain Lead-Based Paint.

CANOPYMLS as Distributed by MLS Grid #NCM480963

Dec 29, 2012

Sold

$50,000

$36/sq ft

Aug 2, 2011

Delisted

—

Feb 7, 2011

Listed

$54,000

$39/sq ft

Public Records

Jun 27, 2008

Sold

$103,500

$76/sq ft

Public Records

Feb 2, 2004

Sold

$75,000

$55/sq ft

Public Records

Jul 28, 1987

Sold

$13,500

$10/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,554 (+5.9%)

$22,600 + $200,500

$223,100

2024

$1,467 (+3.1%)

$22,600 + $200,500

$223,100

2023

$1,423 (+1.6%)

$22,600 + $200,500

$223,100

2022

$1,401

$22,600 + $200,500

$223,100

2021

$1,401 (+93.7%)

$22,600 + $200,500

$223,100

2020

$723

$22,600 + $200,500

$223,100

2019

$723

$22,600 + $85,500

$108,100

2018

$723 (+0.1%)

$22,600 + $85,500

$108,100

2017

$722 (−0.5%)

$22,600 + $85,500

$108,100

2016

$726 (+4.2%)

$22,600 + $85,500

$108,100

2015

$697

$22,600 + $76,500

$99,100

2014

$697

$22,600 + $72,500

$95,100

Tax history for 5 Red Raven Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,554 (+5.9%)

$22,600 + $200,500

$223,100

2024

$1,467 (+3.1%)

$22,600 + $200,500

$223,100

2023

$1,423 (+1.6%)

$22,600 + $200,500

$223,100

2022

$1,401

$22,600 + $200,500

$223,100

2021

$1,401 (+93.7%)

$22,600 + $200,500

$223,100

2020

$723

$22,600 + $200,500

$223,100

2019

$723

$22,600 + $85,500

$108,100

2018

$723 (+0.1%)

$22,600 + $85,500

$108,100

2017

$722 (−0.5%)

$22,600 + $85,500

$108,100

2016

$726 (+4.2%)

$22,600 + $85,500

$108,100

2015

$697

$22,600 + $76,500

$99,100

2014

$697

$22,600 + $72,500

$95,100

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

2001

Sq. Ft.

1,372

Year built

1951

Style

Single Family Residential

County

Buncombe County

APN

968849788200000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-3

Residential District

The R-3 Residential District is primarily intended to provide locations for a variety of residential development depending upon the availability of public water and sewer services. Some areas within the R-3 Residential District will have no public water and sewer services available and will thus be suitable primarily for single-family residential units on individual lots and mobile homes on individual lots. Other areas within the district will have public water and/or sewer service available and will thus be suitable for higher density uses such as multifamily residential units, planned unit developments, and mobile home parks. The R-3 district also provides for various recreational, community service and educational uses that will complement the residential development.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Library
Cemetery
Housing-Mobile home park

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
SqFt Garage: 0
Parking Features: Driveway, Other

Interior

Bedroom Information
# of Bedrooms: 3
Bedroom 1 Level: Main
Room 1 Beds Total: 2
Room 2 Beds Total: 1

Bathroom Information
# of Full Baths (Total): 2
Bathroom 1 Level: Main
Bathroom 2 Level: Basement
Room 1 Baths Full: 1
Room 2 Baths Full: 1

Room 1 Information
Room Type: Bathroom(s),Bedroom(s),Breakfast,Kitchen,Laundry,Master Bedroom

Room 2 Information
Room Type: 2nd Living Quarters,Basement,Bathroom(s),Breakfast,Kitchen,Laundry

Laundry Room Information
Laundry Features: Main Level, In Basement
Laundry Room Level: Main
Laundry Room 2 Level: Basement

Basement Information
Basement Level: Basement

Dining Room Information
Breakfast Room Level: Main
Breakfast Room 2 Level: Basement

Kitchen Information
Kitchen Level: Main
Kitchen 2 Level: Basement

Heating & Cooling
Heating Information: Propane

Interior Features
Room Type: Bathroom 1, Breakfast Room, Kitchen, Laundry, Master Bedroom, Bedroom 1, 2nd Living Quarters, Basement, Bathroom 2
Appliances: Dishwasher, Dryer, Electric Range, Exhaust Fan, Propane Cooktop, Refrigerator, Washer
Flooring: Tile, Laminate, Tile, Wood

Second Living Quarters Information
2nd Living Quarters Level: Basement

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Vinyl Siding
Roof: Metal

Exterior Features
Porch: Deck
Exterior Features: Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Wooded
Lot Size Area: 0.14
Road Surface Type: Concrete, Gravel
Road Responsibility: Private Maintained Road
Zoning NCM: R-3

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Water Heater Information: Propane

Location

Multi-Unit Information
# of Units: 0

HOA Information
HOA Subject To: None

School Information
Elementary School: WD Williams
Middle Or Junior High School: Charles D Owen
High School: Charles D Owen

Location Information
Directions: I-40 to exit 59, turn North on Patton Cove Rd, then West on US 70. for approximately 0.70 mi, then turn Right onto Red Rd. Home is on your Right.

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,372
Stories: 1.0
Lot Size: 6,098 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 2001
County: Buncombe County
APN: 968849788200000

Home facts updated by county records on Aug 10, 2026

Other

Home Information
Living Area: 1370
Below Grade Finished Area: 444
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 926
Sq. Ft. Lower: 0
Sq. Ft. Additional: 0
Building Area Total: 1370
Foundation Details: Basement
Structure Type: 1 Story Basement

Around this home

Schools

W D Williams Elementary

Public PreK-5 • Assigned • 0.9mi

4/10

Charles D Owen Middle

Public 6-8 • Assigned • 2.4mi

5/10

Charles D Owen High

Public 9-12 • Assigned • 2.8mi

8/10

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

10 days above 91° expected this year, 28 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Swannanoa, NC • 28778

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 5.1 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$313,000 – $379,000

Sell confidently with a local market expert in Swannanoa. 3 minutes to get started.

Nearby similar homes

$1,075,000

Land— sq ft

278 Shope Creek Rd, Asheville, NC 28805

$725,000

3 beds3 baths2,900 sq ft

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3D WALKTHROUGH

$449,000

5 beds3 baths1,852 sq ft

119 Scenic View Dr, Swannanoa, NC 28778

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3 beds2.5 baths2,168 sq ft

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3D & VIDEO TOUR

$1,450,000

4 beds4.5 baths4,408 sq ft

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$199,000

2 beds1 bath— sq ft

17 Chicago Ave, Black Mountain, NC 28711

New listings for sale in 28778

$619,900

3 beds2 baths1,757 sq ft

39 Village Overlook Loop, Swannanoa, NC 28778

$750,000

2 beds2 baths2,675 sq ft

225 Long Branch Rd, Swannanoa, NC 28778

$270,000

2 beds1 bath1,040 sq ft

375 Bee Tree Rd, Swannanoa, NC 28778

OPEN SEP 5, 12PM TO 2PM3D WALKTHROUGH

$629,000

4 beds3.5 baths2,650 sq ft

310 Magnolia Ridge Rd, Swannanoa, NC 28778

3D WALKTHROUGH

$769,900

3 beds2 baths2,884 sq ft

366 Summer Haven Rd, Swannanoa, NC 28778

3D WALKTHROUGH

$405,000

3 beds2.5 baths1,399 sq ft

613 Salem Heights Ln, Swannanoa, NC 28778

$425,000

3 beds2 baths1,511 sq ft

620 Old Lytle Cove Rd Lot 1, Swannanoa, NC 28778

Home values near 5 Red Raven Rd

Data from public records.

Address	Redfin Estimate
Red Raven Rd, Swannanoa, NC 2 Beds \| 1 Baths \| 864 Sq. Ft.	$218,738
9 Red Raven Rd, Swannanoa, NC 2 Beds \| 1 Baths \| 864 Sq. Ft.	$186,233

Address	Redfin Estimate
1 Red Raven Rd, Swannanoa, NC 2 Beds \| 1.5 Baths \| 896 Sq. Ft.	$272,206
18 Red Raven Rd, Swannanoa, NC 2 Beds \| 1 Baths \| 672 Sq. Ft.	$177,861

Address	Redfin Estimate
11 Red Raven Rd, Swannanoa, NC 3 Beds \| 3 Baths \| 2046 Sq. Ft.	$410,322
7 Red Raven Rd, Swannanoa, NC 2 Beds \| 1 Baths \| 864 Sq. Ft.	$205,579

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28778, NC

Sale history for 5 Red Raven Rd

Tax history for 5 Red Raven Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28778

Home values near 5 Red Raven Rd

More real estate resources