$700,000
9 Von Ruck Terrace, Asheville, North Carolina 28801, United States
Charming 4BR/2.5BA bungalow minutes from Charlotte Street and Grove Park Inn
4
Beds
2.5
Baths
1,820
Sq Ft
1961
Built
0.28 acres
Lot
Step down the quiet cul-de-sac and you’ll find a beloved North Asheville stone cottage that balances original character and thoughtful modern updates. Sunlight pours through kitchen windows each morning, warming the new hardwood floors and bouncing off the stone hearth of the original wood-burning fireplace — a gentle centerpiece for cozy evenings. The kitchen, recently renovated, opens to a roomy living area, creating an easy flow for weekday mornings and weekend gatherings.
Outside, the addition of a generous 20’x20’ screened porch with durable Trex decking (added in 2020) extends the living space into the landscape, where the sloped 0.28-acre lot affords privacy uncommon this close to town. Imagine late-summer dinners where the mountain breeze moves through the screened porch, or a quiet fall morning with a coffee and the scent of leaf mulch carried in from the yard. A partially finished basement offers flexible space for a home office, studio, or media room.
Thoughtful systems updates reduce near-term maintenance worries: new hardwood floors and a newer roof (noted in 2020), central AC, and efficient forced-air natural gas heating. The stone-and-vinyl construction blends durable, low-maintenance materials with the storied curb appeal of a mid-century Asheville bungalow. With 4 bedrooms and 2.5 baths across a well-laid out 1,820 square feet, the home fits both growing households and those seeking comfortable single-level living with occasional lower-level space.
Location is part of the lifestyle here — a short walk (approximately 0.2 miles) brings you to Charlotte Street’s cluster of restaurants, coffee shops, and boutiques; the Grove Park Inn and its golf and spa amenities sit about 0.5 miles away, and downtown Asheville is roughly 1 mile. Park, garden, and trail access — including Weaver Park and the Botanical Gardens at Asheville — are all within easy reach. This is a rare combination: a peaceful cul-de-sac setting with immediate access to urban conveniences and cultural amenities.
North Asheville blends a small-town feel with big-city conveniences. Charlotte Street’s independent restaurants, coffee shops, and boutiques are an easy stroll away; cultural and recreational anchors like the Grove Park Inn, Weaver Park, and the Botanical Gardens create year-round activity. The neighborhood attracts professionals and retirees drawn to walkability, mature tree-lined streets, and quick access to downtown Asheville. Community events, neighborhood strolls, and proximity to green spaces define daily life here — a balanced mix of relaxed residential living and vibrant urban access.
North Asheville is firmly a seller’s market today: inventory sits near 2.5 months and homes average roughly 35 days on market. Median sale price in the area centers around $700,000, with recent comparable stone cottages on Von Ruck Terrace closing in the $690K–$710K range in the past six months (price per square foot near $380–$390). One-year appreciation is modestly positive at about 5%, while five-year appreciation has been strong (approximately 30%), reflecting continued demand from professionals and retirees seeking walkable neighborhoods near downtown. For single-family cottages like this one — renovated, well-maintained, and close to Charlotte Street — multiple offers within a month remain common. Rental demand is healthy as well: comparable rentals suggest roughly $3,000/month and a gross yield near 5.1%, making the home attractive both for owner-occupiers and income-minded buyers. Given limited inventory and consistent buyer interest, acting promptly when a competitively priced, renovated home appears in North Asheville is advisable.
Asheville City Elementary
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Asheville Middle
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**9 Von Ruck Terrace** is a **4-bedroom, 2.5-bathroom** stone cottage built in **1961** with **1,820 SF** of living space on a **0.28-acre** lot in Asheville's desirable **North Asheville** neighborhood. The property features an open-concept living and kitchen area centered around the original wood-burning fireplace, complemented by modern updates including new hardwood floors, a new roof, and a spacious 20’x20’ screened porch with Trex decking added in 2020. ([nestrealty.com](https://www.nestrealty.com/asheville/listings/9_von_ruck_terrace/4252828.html?utm_source=openai))
From a **valuation perspective**, comparable sales in North Asheville suggest a current fair market value of **$680,000–$720,000**, with a midpoint estimate of **$700,000** ($384/SF). The owner purchased the property in 2008 for $208,000, representing approximately **236% appreciation** over 18 years. The current assessed value of **$413,800** appears below market, which is common in rapidly appreciating neighborhoods. ([zillow.com](https://www.zillow.com/homedetails/9-Von-Ruck-Ter-Asheville-NC-28801/5616500_zpid/?utm_source=openai))
**North Asheville** continues to be one of Asheville's strongest residential submarkets, with median home values up **30% since 2020** and average days on market of just **35 days**. The neighborhood's walkability to Charlotte Street's restaurant and retail corridor, combined with proximity to the Grove Park Inn and downtown Asheville, drives consistent demand from professionals and retirees.
Overall, this property represents a **solid value** in a strong location with recent updates that reduce near-term maintenance risk. The RS8 zoning allows for single-family residential use, and the property's proximity to amenities enhances its appeal. Key due diligence items include verifying the roof age and condition, confirming any zoning restrictions, and reviewing school zone assignments.
Well-maintained stone cottage in top Asheville neighborhood with recent renovations and below-assessed-value pricing. Strong demand and limited inventory suggest strong resale trajectory.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$680K
Midpoint
$700K
High
$720K
$384/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $413,800 appears below market.
As of 2026-03-02
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
North Asheville median home values increased 30% from 2020-2025. Strong demand from professionals and retirees. Walkability Rating estimate: 70/100.
Walkable to restaurants, coffee shops, and boutiques on Charlotte Street. Proximity to Grove Park Inn and downtown Asheville offers access to renowned dining, spa, and golf amenities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$114/SF
Arm's length transaction
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