3 Ravine Extension

Woodfin, NC
$ 425,000 Beds 2 Baths 2 Sq 1,008 Virtual Tour
Monthly Estimate* How much can I afford?

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 Family

  • Price
  • $ 425,000
  • City
  • Woodfin
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • BUNCOMBE
  • Half Bathrooms
  • 0
  • Area
  • Buncombe County
  • Lot Size
  • 0.27 Acres
  • Zip
  • 28804
  • Sqr Footage
  • 1,008
  • Year Built
  • 2014
  • Style
  • Bungalow,Cabin,Contemporary,Cottage
  • MLS#
  • 4373087
Listed By: Howard Hanna Beverly-Hanks Freestone Properties; hope.burk@allentate.com
Data Source: Canopy MLS

Features

General

Living Area 1008
Sewer Public Sewer
Heating Ductless,Radiant
Cooling Ductless
Roof Metal
Appliances Dishwasher,Dryer,Electric Oven,Electric Range,Microwave,Refrigerator,Tankless Water Heater,Washer
Zoning R-7
Patio/Porch Features Covered,Deck,Porch
Architectural Style Bungalow,Cabin,Contemporary,Cottage
Construction Materials Metal
Exclusions Alarm system with camera
Year Built 2014
View Mountain(s)
Levels Two
Property Subtype Single Family Residence
Parcel Number 973071909800000
Elevation 2000
Accessibility Two or More Access Exits
County Buncombe
New Construction No
Property Type Residential
HOA No
Subdivision Name Chestnut Ridge
Garage Y/N No
Other Structures Shed(s),Other - See Remarks
Full Baths 2
Directions From Broadway,head straight onto Riverside Drive. Turn Right onto Lookout Rd and then Left onto Upper Chestnut Ridge Ave. Left on Ravine and then Right onto Ravine Ext. #3 is at the end. GPS will get
High School Clyde A Erwin
City Woodfin
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Woodfin/Eblen
Middle/Junior High School Clyde A Erwin
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 354000
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Open Floorplan,Walk-In Pantry
Fireplace Features Gas,Living Room,Propane
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1008
Laundry Features In Bathroom,Inside
Total Bedrooms 2
Total Baths 2
SqFt Main 504
SqFt Upper 504
Bedroom 1

Exterior Features

Fencing Partial
Parking Features Driveway
Water Source City
Lot Size Area 0.27
Foundation Details Slab
Road Surface Type Gravel,Paved
Other Parking 3-4 spaces in driveway
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Kingsport, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Woodfin/Eblen Elementary School
Middle School Clyde A Erwin Middle School
High School Clyde A Erwin High School

Price History

4/24/2026 Listed $435,000
5/12/2026 3% - $425,000

Property vs Zip Code Average in 28804

Price
AVG $1.36M
$430K
Year Built
AVG 1985
2014
Visits
AVG 306
515
Data Provided by Inside Real Estate®

Areas That We Cover

3 Ravine Extension Woodfin, NC is a Single Family Home for sale at $425000 with 1008 sqft and a lot size of 0.27 Acres Acre(s). 3 Ravine Extension Woodfin has 2 bedrooms, 2 baths and was built in 2014. The property's zip code is 28804 which is in Woodfin, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.