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250 Lynn Cove Rd, Asheville, NC, 28804

2beds
2baths
2,388sqft
$899,000
$376price/sqft
$5,629/moest. monthly cost
$225,160/yrincome needed

About This Home

Amazing views down the Beaverdam Valley from this 2/2 partially cleared 8.62 acre property. Less than 10 minutes to shopping on Merrimon Avenue on level, paved roads. The owner has added some significant enhancements, including a magnificent boulder installation at the driveway entrance in 2023. A new membrane roof under a large, new composite deck with a cable rail system was added in 2025, along with a new architectural shingle roof and gutter system in 2024. The house has a fresh coat of paint on the exterior in 2025. In 2024, a new wood burning stove was added downstairs along with stainless steel chimney liners for both chimneys and a new concrete chimney cap as well. There is an outbuilding for lawn equipment storage or a studio. This 2/2 home is an ideal vacation home or rental just outside the Asheville City Limits. The south facing exposure of the property allows the paved driveway to clear itself quickly after winter weather and keeps the home bathed in natural sunlight year-round. This is a very rare opportunity to own entirely south-facing acreage with a view in the high-demand area of Beaverdam Valley.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

4/10
Ira B Jones ElementaryGrades PK-53.0 mi
7/10
Asheville MiddleGrades 6-85.7 mi
6/10
Asheville HighGrades PK,9-126.4 mi

Construction

Condition

  • Year built: 1979

Materials

  • Construction materials: Stone,Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Water Heater,Refrigerator with Ice Maker,Washer/Dryer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Apartment,Basement Garage Door,Daylight,Finished,Interior Entry,Walk-Out Access

Bedroom S

  • Level: Main
  • Area: 250.3389
  • Dimensions: 15' 4" X 16' 4"

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Attic Other
  • Window features: Storm Window(s)
  • Flooring: Carpet,Tile
  • Attic: Other
  • Finished area below ground: 0
  • Finished area above ground: 2,388

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,388
  • Total interior livable area: 2,388 sqft

Primary Bedroom

  • Level: Basement
  • Area: 338.4375
  • Dimensions: 23' 9" X 14' 3"

Property

Accessibility

  • Accessibility features: Two or More Access Exits

Details

  • Parcel number: 975172967400000
  • Zoning: BDM
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Other - See Remarks
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round

Lot

  • Lot size: 8.62 Acres
  • Features: Cleared,Hilly,Open Lot,Private,Sloped
  • Lot size dimensions: irregular

Parking

  • Total spaces: 5
  • Parking features: Driveway,Parking Space(s)
  • 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 WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Landslide
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 $4,545$54,540
Home Insurance *$263$3,156
Property Taxes $599$7,188
Electricity $222$2,669
Total$5,629$67,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,994/yr
40% on housing$168,870/yr
45% on housing$150,106/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

$376This listing

vs Other Active Listings

Avg $/sqft

ZIP 28804$392
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28804$307
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
2026-07-12Price change$899,000
2026-05-18Listed for sale$970,000
2022-06-30Sold$791,000
2022-06-18Pending sale$825,000
2022-06-17Contingent$825,000
2022-06-02Price change$825,000
2022-05-26Price change$865,000
2022-05-12Price change$895,000
2022-04-14Listed for sale$975,000

For Sale by Agent

AgentWarrene Williams
BrokeragePreferred Properties

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