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.
Modern 6-Bed Home with Guest Suite Near Downtown Asheville
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.
See the properties helping shape the valuation.
Comparable sales
- 1,647 SF smaller
- 2 fewer bedrooms
- 2 fewer bathrooms
- 4,791 SF larger lot
- 51 years older
- 1,082 SF smaller
- 3 fewer bedrooms
- 1.5 fewer bathrooms
- 3,485 SF larger lot
- 51 years older
- 65 SF larger
- 1 fewer bedroom
- 2.5 fewer bathrooms
- 13,068 SF larger lot
- 97 years older
A 2012 modern on 0.17 acres.
Building
Site & utilities
Charlotte Street
Researched nearby locations
Location
5 Von Ruck Terrace, Asheville, NC 28801
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.
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.
A factual market snapshot around 5 Von Ruck Terrace.
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.
Residential Single-Family High Density District
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 1,647 SF smaller
- 2 fewer bedrooms
- 2 fewer bathrooms
- 1,082 SF smaller
- 3 fewer bedrooms
- 1.5 fewer bathrooms
What the research supports — and what is still worth verifying.
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
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm roof age and condition
- Review HVAC system maintenance history
- Verify zoning regulations related to rental use
- Assess parking adequacy for potential buyers
- Evaluate noise levels due to proximity to downtown
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.