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297 Hillside St, Asheville, NC, 28801

3beds
4baths
2,016sqft
$950,000
$471price/sqft
$6,062/moest. monthly cost
$242,480/yrincome needed

About This Home

Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is the rare and coveted Neighborhood Business. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!

Getting Around

84
WalkingVery Walkable
37
TransitSome Transit
72
BikeVery Bikeable

Schools

4/10
Claxton ElementaryGrades K-50.2 mi
7/10
Asheville MiddleGrades 6-81.6 mi
5/10
Asheville HighGrades PK,9-122.4 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Gas Water Heater,Refrigerator,Washer/Dryer
  • Laundry features: Main Level,Multiple Locations,Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Door features: French Doors
  • Flooring: Concrete,Linoleum,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,016

Heating & Cooling

  • Heating features: Ductless,Forced Air,Natural Gas,Wood Stove
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,016
  • Total interior livable area: 2,016 sqft

Property

Details

  • Parcel number: 964954274000000
  • Zoning: NB
  • Special condition: Standard

Features

  • Patio & porch: Balcony,Covered,Porch
  • Fencing: Front Yard,Partial

Lot

  • Lot size: 0.16 Acres
  • Features: Corner Lot,Level,Wooded

Parking

  • Total spaces: 5
  • Parking features: Driveway,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$198$2,376
Property Taxes $861$10,332
Electricity $200$2,405
Total$6,062$72,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,840/yr
40% on housing$181,860/yr
45% on housing$161,653/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$471This listing

vs Other Active Listings

Avg $/sqft

ZIP 28801$345
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28801$364
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-28Price change$950,000
2025-12-05Listed for sale$975,000
2025-11-26Listing removed$975,000
2025-02-05Price change$975,000
2024-11-27Listed for sale$1,000,000
2000-12-13Sold$14,000

For Sale by Agent

AgentBuck Schall
BrokerageDRG Homes & Land

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