Property listing for 5 Von Ruck Terrace, Asheville, NC 28801
For SaleSingle Family Home

$1,280,000

5 Von Ruck Terrace, Asheville, NC 28801

Modern 6-Bed Home with Guest Suite Near Downtown Asheville

6 Bed · 4.5 Bath · 3,467 Sq Ft

Contemporary design, income potential, walkable Charlotte Street location.

6

Beds

4.5

Baths

3,467

Sq Ft

2012

Built

0.17 acres

Lot

none

Garage

About 5 Von Ruck Terrace

Set on a quiet cul‑de‑sac in Asheville’s desirable Charlotte Street neighborhood, 5 Von Ruck Terrace is a modern, two‑story residence designed for flexible living and effortless entertaining. Built in 2012 and spread across 3,467 SF, the home opens to a spacious, open-plan main level where vaulted ceilings and clean contemporary lines create a gracious sense of volume. Thoughtful material choices and systems upgrades — including a whole‑house dehumidifier, an energy recovery ventilator (ERV), central AC and a heat pump — support comfort and low‑maintenance daily life.

The kitchen, living and dining areas flow together for gatherings while private balconies and multiple sitting areas give family members places to retreat. A gas fireplace with gas logs anchors the main living room and provides a cozy counterpoint to the home’s modern aesthetic. Downstairs, a partially finished lower level includes a well-appointed guest suite ideal for long-term rental, an in-law arrangement, or income generation — a valuable layer of versatility for investors or multi-generational households.

Outside, the level, easily maintained backyard sits on a 0.17‑acre lot and opens to neighborhood green space; the property’s driveway accommodates up to three vehicles. The metal roof and solid construction reflect the home’s contemporary build quality and attention to long-term durability. Practical upgrades and the home’s condition are described as good throughout; prospective buyers should review roof age and HVAC maintenance history as part of due diligence.

Location is central to this property’s appeal. Walk to Charlotte Street’s restaurants, cafes and boutiques, enjoy quick drives to the Grove Park Inn and the Botanical Gardens, or reach Downtown Asheville in under a mile. Whether you’re seeking a primary residence with flexible rental potential or a stylish pied‑à‑terre close to city amenities, this modern home delivers a rare combination of space, systems, and a walkable urban‑adjacent lifestyle.

Home Highlights

Modern 2012 construction with contemporary finishesLower-level guest suite with income potentialRecent HVAC/IAQ upgrades: ERV and whole-house dehumidifierMetal roof and well-maintained systemsLevel backyard and driveway parking for 3 vehiclesWalkable to Downtown Asheville and Grove Park Inn

Property Features

Interior Features

  • 6 bedrooms and 4.5 bathrooms
  • 3,467 SF open floor plan with vaulted ceilings
  • Lower-level partially finished guest suite with rental potential
  • Gas fireplace with gas logs
  • Energy Recovery Ventilator (ERV) and whole-house dehumidifier
  • Central AC and heat pump

Exterior & Lot

  • 0.17-acre level lot on a low-traffic cul-de-sac
  • Metal roof
  • Driveway parking for up to 3 vehicles
  • Private level backyard suitable for outdoor living and gardening
  • Wood-frame construction with modern finishes

Location & Neighborhood

  • Charlotte Street neighborhood — walkable to local restaurants and shops
  • 0.7 miles to Downtown Asheville
  • 0.5 miles to Grove Park Inn
  • 1.2 miles to Botanical Gardens at Asheville
  • Zoned RS8 (allows single-family and accessory dwelling units)

Walkability & Recreation

  • Walkability Rating: 70/100 — Some errands on foot (Somewhat Walkable)
  • Walking distance to Charlotte Street restaurants, coffee shops, and boutiques
  • Botanical Gardens at Asheville (≈1.2 miles)
  • Grove Park Inn (≈0.5 miles) and nearby greenspace
  • Blue Ridge Parkway Visitor Center within 3.0 miles
  • Running/walking routes and neighborhood sidewalks for daily exercise

Neighborhood & Location

Charlotte Street is one of Asheville’s most sought‑after pockets for buyers who want urban convenience without downtown congestion. The neighborhood blends tree‑lined residential streets with a short walk to restaurants, coffee shops and boutiques. Cultural and recreational anchors — the Grove Park Inn, the Botanical Gardens, and easy access to Downtown Asheville — make this area lively yet livable. Residents enjoy a community feel, regular neighborhood activity, and strong connectivity to city amenities and trails that define Asheville’s outdoor lifestyle.

Market Insights

The Charlotte Street pocket of Asheville is currently a slight seller’s market anchored by low inventory and steady demand. Inventory sits near 2.5 months, and homes in the area typically move in roughly 2–3 months with an average days on market around 74 — indicating turnover but not extreme scarcity. Median sale price in the neighborhood is approximately $645,000, and local appreciation has been healthy: about 7% year‑over‑year and roughly 35% over five years. Modern single‑family homes with renovated interiors and flexible live/work spaces perform particularly well here; similar renovated properties within a half‑mile have sold recently in the $720K–$900K range, with higher‑end modern builds reaching toward the $1M+ bracket. For buyers, the present window offers access to a proven growth corridor and the potential for rental income (lower‑level guest suite); for sellers, demand and limited inventory support pricing confidence. Verify zoning and short‑term rental regulations if income use is planned — local RS8 zoning allows accessory dwellings but specific rental rules should be confirmed with the city.

Nearby Schools

School of Inquiry and Life Science

High

9/10

Asheville Middle

Middle

5/10

Claxton Elementary

Elementary

5/10

Walkability & Recreation

70
Walkability
80
Recreation

Excellent access to parks and cultural green spaces with the Botanical Gardens ~1.2 miles away, Grove Park Inn and its grounds at ~0.5 miles, Blue Ridge Parkway access within 3 miles, and convenient neighborhood walking routes.

Investment Highlights

  • Modern design with vaulted ceilings and private balconies
  • Guest suite with income potential
  • Recent upgrades including whole-house dehumidifier and ERV
  • Walkable to downtown Asheville amenities
  • Proximity to Grove Park Inn and Botanical Gardens
  • Steady appreciation in Charlotte Street neighborhood

Key Findings

  • Purchased in October 2020 for $929,000
  • Assessed value of $924,800 in 2024
  • Comparable sales suggest current value between $1.17M and $1.39M
  • 6 bedrooms and 4.5 bathrooms across 3,467 SF
  • Lot size of 0.17 acres with level topography
  • Zoned RS8 allowing single-family and accessory dwelling units

Things to Consider

  • Roof age and condition should be verified
  • HVAC system maintenance history should be reviewed
  • Potential zoning restrictions on rental use
  • Proximity to downtown may result in higher noise levels
  • Limited parking with driveway accommodating up to 3 vehicles

Opportunity Analysis

Modern home in prime Asheville location with income potential and recent upgrades. Strong appreciation trends in the neighborhood suggest solid investment potential.

Potential Use Scenarios

  • Utilize guest suite for short-term rental income
  • Leverage proximity to downtown for lifestyle appeal
  • Monitor market trends for potential appreciation
  • Consider additional upgrades to enhance value

Risk Factors

  • Potential zoning restrictions on rental use
  • Maintenance costs associated with modern design features
  • Market fluctuations affecting property value
  • Limited parking may deter some buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1170K

Midpoint

$1280K

High

$1390K

$369/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and location. Assessed value of $924,800 appears below market.

As of 2026-03-05

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$645,000
Avg Days on Market74 days
Inventory2.5 months
1-Year Appreciation+7.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$75,000

Charlotte Street area has seen significant appreciation over the past 5 years. Walkability Rating estimate: 70/100.

Nearby Points of Interest

  • Grove Park Inn (0.5 mi)
  • Downtown Asheville (0.7 mi)
  • Botanical Gardens at Asheville (1.2 mi)
  • UNC Asheville (1.5 mi)
  • Blue Ridge Parkway Visitor Center (3.0 mi)

Walking distance to restaurants, coffee shops, and boutiques on Charlotte Street. Close proximity to cultural and recreational amenities including the Grove Park Inn and Botanical Gardens.

School District

DistrictAsheville City Schools
ElementaryClaxton Elementary (5/10)
MiddleAsheville Middle (5/10)
HighSchool of Inquiry and Life Science (9/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2012
Constructionwood frame
Stories2
Roofmetal
Heatingheat pump
Coolingcentral AC
Basementpartially finished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.17 acres (7,405 SF)
Topographylevel
Parkingdriveway
Parking Spaces3
FrontageLocated on a cul-de-sac with minimal traffic

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeRS8
DescriptionResidential Single-Family High Density District
JurisdictionCity of Asheville

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$924,800
Land$121,300
Improvements$803,500
Annual Tax (2024)$9,554

Sale History

2020-10-16$929,000

$268/SF

Arm's length transaction

2011-11-21$88,000

$25/SF

Arm's length transaction

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