Listing provided courtesy of Kilgore & Associates RealEstatMLS# 4366800MLS ProviderContact Information: [email protected]
  • 81 days on site
  • 0 views

PRICE REDUCTION This solid 1939 home offers timeless character, great bones, and incredible potential for renovation or redevelopment. Located in a fast-growing and centrally located neighborhood, the property includes an additional buildable lot, giving buyers the flexibility to expand, build, or invest for the future. Enjoy being just a short walk to Haywood Road’s shops, restaurants, and amenities, less than half a mile from Patton Avenue, and only minutes from Downtown Asheville—a truly convenient location with strong long-term appeal. The home itself features a spacious deck (which could be reduced in size if you decide to build on the new lot), an oversized carport, a storage unit, and a fully fenced yard. The seller has provided a new survey reflecting the subdivision of the new lot, as well as a plat review comment letter from the City of Asheville. This property presents a rare opportunity for the right buyer—whether you’re an investor seeking your next project, a builder looking for new development potential, or a homeowner ready to this home.

Source: Canopy MLS, MLS#: 4366800

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  • Property Type
    Residential

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  • Median Age
    36
  • Population Density
    1,120
  • College Educated
    48%
  • Estimated Median Income
    $48,111
  • Estimated Total Home Owners
    9,771
  • Estimated Total Renters
    7,509
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    42,901
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 71 Balm Grove Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: Canopy MLS Price Reduction
$350,000 -6.7%
5/22/2026Source: Canopy MLS Price Reduction
$375,000 -3.8%
5/6/2026Source: Canopy MLS Status Change
Active
4/16/2026Source: Canopy MLS Status Change
Under Contract-Show
4/9/2026Source: Canopy MLS Added to Database
April 09, 2026