Listing office: Good Hike Realty
Property details
About 298 Town Mountain Rd
Enjoy breathtaking sunsets! This is a rare opportunity to own Town Mountain property at this price!! Located at 2700' elevation yet just 4 minutes from downtown Asheville. This light-filled mid-century gem features hardwood floors, wood-burning fireplace (gas line in place), and multiple outdoor living areas with charming stone accents. Upstairs, you'll find four spacious bedrooms, two baths, a huge deck out back, and a lovely private patio in front. The lower level boasts a fully equipped separate apartment with its own private entrance. Ideal for guests, extended family, or as an income-producing rental, this space includes a generous living area with a full kitchen, bedroom, 2 bathrooms one with radiant floors and one with a jacuzzi tub plus a wood burning stove with insert, ensuring comfort and privacy. Enjoy easy living with ample room for entertaining, flexible living spaces, abundant storage, two-car garage, hot tub and a fully fenced yard.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Heat Pump, Oil, Propane
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Size3,317 sqft
BasementYes
Year built1960
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Side
MLS #4256466
Attached garageYes
FireplaceFamily Room, Insert, Living Room, Wood Burning
ViewOther, Mountain(s)
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Concrete, Tile, Wood
- Interior: Breakfast Bar, Built-in Features, Entrance Foyer, Storage, Walk-In Closet(s)
- Fireplace: Family Room, Insert, Living Room, Wood Burning
- Total Bedroom Count: 5
- Attached Garage: Yes
- Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side
- View: Other, Mountain(s)
- Exterior: Hot Tub
- Architectural Style: Traditional
- Heating: Central, Electric, Heat Pump, Oil, Propane
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
- List Price: $895,000
- Price/SqFt: $269
- Annual Tax Amount: $7,011
- Tax Year: 2024
- Directions: From downtown Asheville, take College St east toward Tunnel Rd. Turn left on Town Mountain Rd. Winding up the road, you will see Vance Gap Rd on your right and Mayflower Dr on your left. Turn left on Mayflower Dr - the home is the first driveway on the right, but is a Town Mountain Address.
- Year Built: 1960
- Living Area: 3,317 SqFt
- MLS Number: 4256466
- Office Name: Homesource Realty INC
- Office Phone: (828) 273-6724
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2004 | Home Sold | $315,000 |
| Apr 30, 2004 | Home Sold | $315,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $678,700 | $7,011 |
| 2023 | $678,700 | $6,835 |
| 2022 | $678,700 | $6,768 |
| 2021 | $678,700 | $6,768 |
| 2020 | $520,000 | $5,605 |
| 2019 | $520,000 | $5,605 |
| 2017 | $520,000 | $5,657 |
History based on county public records data.
Nearby schools
4
Claxton Elementary School
Public Magnet KG-5
0.9 mi
•241 Merrimon Ave
5
Ira B Jones Elementary School
Public Magnet PK-5
1.7 mi
•544 Kimberly Ave
3
Isaac Dickson Elementary School
Public Magnet PK-5
1.7 mi
•125 Hill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,165. The majority of Asheville, NC residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
53%
<35k
27%
35k-100k
14%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
32%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Forever 21
Chico's
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Boston Market
What do the neighbors drive?
Volkswagen
Mazda
Volvo
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Asheville, NC
Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.
The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.
Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.
Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.
About 298 Town Mountain Rd
The listing price of 298 Town Mountain Rd property is $895,000.
The property 298 Town Mountain Rd is a house located in Asheville, North Carolina, 28804.
Active Listing: 298 Town Mountain Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 298 Town Mountain Rd are: Claxton Elementary School (GreatSchools Rating 4/10), Ira B Jones Elementary School (GreatSchools Rating 5/10), Isaac Dickson Elementary School (GreatSchools Rating 3/10), Montford North Star Academy (GreatSchools Rating 6/10), Asheville Middle School (GreatSchools Rating 4/10), Evergreen Community Charter (GreatSchools Rating 5/10), Nesbitt Discovery Academy (GreatSchools Rating 9/10), School of Inquiry and Life Sciences (GreatSchools Rating 7/10), Asheville High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,011 (source: MLS/based on county public records data).
The last sale was on May 3, 2004 for $315,000 (source: MLS/tax record).
The property at 298 Town Mountain Rd has 5 bedrooms and 4 bathrooms.
The property 298 Town Mountain Rd is 3,317 SqFt (source: MLS/tax record).
The year of construction for 298 Town Mountain Rd is 1960.
This home is located at 298 Town Mountain Rd in Asheville, NC and zip code 28804. This 3,317 square foot home was built in 1960. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $895,000.
In June 2025, from all listings sold in Asheville, NC there were more than 23 sold above asking price, over 94 sold below and more than 29 were sold right at the asked price. The inventory of homes for sale in Asheville, NC between May and June 2025 increased by 8.2%. While the average time on the market in June 2025 was 40 days, the median list price was $507,511.
From Rocket Homes Real Estate and based on county public records data.