Single Family Residence at 500 Lynn Cove Road, Asheville
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$1,200,000

500 Lynn Cove Road
Asheville, NC 28804
Listed by Brent Crowell · Keller Williams Mtn Partners, LLC
Bedrooms
3
Bathrooms
4
Living area
2,845 sqft
Year built
1990

About this home

Escape to your own mountain sanctuary without leaving the city behind. This luxury retreat sits deep in the woods beside Beaverdam Creek on almost 5 acres of private, wooded land, yet it’s close to downtown Asheville and its restaurants, breweries, music, and galleries. You get a mountain hideaway on the weekends and an easy trip to town when you want it. A paved driveway makes the approach simple in every season, so guests and owners can reach the home easily while it still feels secluded and far from the crowds. The setting is the main attraction. Mature hardwoods surround the property, and in winter the leaves drop to open up long-range mountain views. Multiple decks let you enjoy it from every angle: morning coffee above the treetops, dinner outdoors with the sound of the creek, or evenings in the hot tub under the stars. Back inside, a fireplace brings cozy mountain character to cool nights. With 2,845 square feet, the home offers three bedrooms plus two bonus rooms that easily work as additional bedrooms, so it sleeps a crowd comfortably. The bonus rooms can also serve as a home office, media room, or game room. A standout opportunity for investors and second-home buyers. The mix of privacy, mountain scenery, hot tub, decks, and proximity to Asheville is exactly what vacation renters look for. With its sleeping capacity and flexible layout, this property is a strong candidate for short-term rental income. It would work just as well as a full-time home or private family retreat.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4439705
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
1
On market date
November 1, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Ira B Jones Elementary
3.38 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
389
Student:teacher ratio
13.0:1
District
Asheville City Schools
Middle
Asheville Middle
5.95 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
6.56 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable
Google Places amenity density
3 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 1 days -- 121 fewer days than Asheville's current average of 122 days.
For reference, the median list price across 1,550 active listings in Asheville right now is $479,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 9 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.