Most Recent Homes Under $200,000 Listings

$200,000
3 Beds ⋅ 2 Baths ⋅ 4406416 MLS ⋅ 1,376 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Great investment property! Upper unit is 2 Bedroom, 1 bath and the lower unit is a 1 Bed, 1 Bath. City water, city sewer! Lower unit is currently vacant with many upgrades including new windows (both levels), new LVP flooring, refrigerator, range hood. Roof was installed in 2016. Newer Wall-mount gas heaters in each unit (2025 & 2018). Very convenient to downtown Hendersonville and walking distance to Lake Osceola! Upper unit has a long-term tenant who wishes to continue leasing if possible.

401 N Lakeside Drive, Hendersonville

Listing courtesy of Keller Williams Mtn Partners, LLC. tylergreerhomes@gmail.com
$200,000
3 Beds ⋅ 2 Baths ⋅ 4379788 MLS ⋅ 1,574 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Multiple offers received: highest and best deadline Mon June 29th at 5pm. Positioned in the peaceful Fairview countryside just outside of Asheville, 1010 Sharon Ridge Road offers a rare opportunity to create a comfortable mountain lifestyle at an approachable price point. Set on a gently wooded corner lot with mature trees and natural privacy, this property blends simplicity, functionality, and quiet surroundings in one of Buncombe County’s most desirable rural communities. The home features a practical single-level layout with a split-bedroom floor plan designed for everyday ease and flexibility. Warm, inviting living spaces are complemented by a wood-burning stove in the den, creating a cozy atmosphere ideal for cooler mountain evenings. A rear deck and porch extend the living experience outdoors, offering space to relax, entertain, or enjoy the surrounding natural setting. Equipped with well water, septic, central air, heat pump, and additional wood heat, the property provides a solid foundation for comfortable living with room for future personalization. Located just a short drive from both Fairview amenities and downtown Asheville, the home offers a balance of privacy, accessibility, and potential. Whether you're searching for a primary residence, investment opportunity, or mountain retreat, 1010 Sharon Ridge Road presents an opportunity to enjoy the charm and slower pace of Western North Carolina living. Please review Features & Info sheet in attachments.

1010 Sharon Ridge Road, Fairview

Listing courtesy of Keller Williams Professionals. jlockaby@kw.com
$200,000
3 Beds ⋅ 2 Baths ⋅ 4385586 MLS ⋅ 1,162 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Come home to Candler! This three-bedroom, two-bath home is ready to move in and make it your own. Privacy and trees are in abundance on 2.60 acres. There is plenty of room for your hobbies with two storage units/sheds. Hike above your property to your private deer stand! Entertain friends and family with plenty of parking and room to grill and chill on your expansive back deck. Schedule a showing today to discover the value and possibilities that await you at 94 Long Ridge Road!

94 Long Ridge Road, Candler

Listing courtesy of EXP Realty LLC. ClarissaSellsWNC@gmail.com
$199,900
3 Beds ⋅ 2 Baths ⋅ 4385462 MLS ⋅ 1,404 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
INVESTOR ALERT!! Great home site in Black Mountain with private driveway. This home has seen its better days, but with enough grit and determination could be brought back to life. It sits on 0.62 acres and is zoned UR-8. Per zoning rules, a smart investor is allowed to put up to 5 homes on the property! There is already town water and county septic on the land for the existing home! It's just a couple of miles from downtown Black Mountain for easy access to daily life necessities, shopping and restaurants including quick interstate access to get anywhere quickly and conveniently. Home sits on what appears to be structurally sound piers, but the block facade has deteriorated in one corner.

4 Boyer Drive, Black Mountain

Listing courtesy of Real Estate Revolutions. wncrer@gmail.com
$199,900
3 Beds ⋅ 2 Baths ⋅ 4251117 MLS ⋅ 960 SqFt. ⋅ ACTIVE Status
Come enjoy layered, long range mountain views from the porch surrounded by nature, yet tucked away in privacy. This property has a lot to offer with many option, rehab or rebuild with a garden spot, workshop, canning shed and flowering landscaping. This unique property is worth checking out.

25 Coal Creek Lane, Weaverville

Listing courtesy of Carolina Mountain Sales. christine.capps@carolinamountainsales.com
$199,000
2 Beds ⋅ 1 Baths ⋅ 4395173 MLS ⋅ ACTIVE Status
INVESTOR READY! 1.8 +/- Acre Fairview Parcel, Two home sites with NO HOA & NO Restrictions! Situated on a paved, state-maintained road close to Fairview breweries, restaurants, groceries, and more, the value of this property is primarily in the land and the existing infrastructure footprints. The first home, located at 402 Sharon Rd, is a site-built 1951 2BR/1BA (~898 sqft) structure that recently had tenants but is in very poor condition that requires a major rebuild or total tear-down. The power is currently off and the septic system was recently pumped. The second structure, located at 400 Sharon Rd, is a 1983 single-wide deeded as real property. It is a complete tear-down/removal due to Helene roof damage and mold, but it brings great infrastructure value with its graded site, separate power meter and separate septic system. This footprint is ideal for setting up a new manufactured home, establishing a large RV pad, or building a workshop or garage. Both units currently share an off-property well with two other properties, however there is no known written shared well agreement or deeded easement on file, seller working on establishing this. For additional development potential, a third area of gentle topography sits in the woodlands above the main house, offering a private, alternative site for a completely fresh build. Sold strictly as-is, power and water will not be turned on for inspections. Bring your contractor and your toolkit to unlock this unrestricted mountain deal minutes from Fairview and Asheville!

402 Sharon Road, Fairview

Listing courtesy of National Land Realty. psnyder@nationalland.com
$199,000
2 Beds ⋅ 1 Baths ⋅ 4372235 MLS ⋅ ACTIVE Status
Attention builders, developers, and investors—don’t miss this rare opportunity in the heart of Black Mountain. Tucked away on a quiet, low-traffic street, this private, wooded property is just moments from Lake Tomahawk and the charm of downtown. With public utilities available and short-term rentals allowed, the possibilities here are abundant. Preliminary guidance suggests potential for up to two-three build sites (buyer to confirm), making this an ideal candidate for an investment project. The surrounding area offers an inviting lifestyle with nearby golf, tennis, sports fields, and a thriving downtown filled with beloved restaurants, breweries, coffee shops, and boutiques. Asheville is just a short 20-minute drive away. The existing structure is likely a teardown.

17 Chicago Avenue, Black Mountain

Listing courtesy of EXP Realty LLC. ClarissaSellsWNC@gmail.com
$195,000
2 Beds ⋅ 2 Baths ⋅ 4371893 MLS ⋅ 977 SqFt. ⋅ ACTIVE Status
Located on a quiet private street, 10 Lands End Drive offers a fantastic opportunity for investors or buyers seeking peaceful mountain living with immediate income potential. The home has 2 bedrooms and 2 bathrooms plus a bonus room and sits on a generous 0.42-acre lot, featuring a nice flat, green yard—perfect for outdoor enjoyment, gardening, or pets. The home includes a comfortable layout with a spacious primary suite complete with an ensuite bath and walk-in closet. Enjoy the best of outdoor living a on the large deck - an ideal spot to relax and take in the surrounding mountain setting and wildlife. A detached shed and large barn provide additional storage for tools, equipment, or hobbies. Currently occupied by a long-term renter for $2,000/month, this property offers steady, turnkey income from day one. Whether you’re looking to expand your investment portfolio or secure a home with future flexibility, this property delivers both value and potential. Conveniently located just 1 mile from Pisgah Highway (NC-151), you’re only 10 minutes to Candler shopping and dining and approximately 30 minutes to Asheville—combining accessibility with a peaceful, private setting. Also available as part of a package with the neighboring home at 6 Lands End Drive (see Listing #4371930), presenting a unique opportunity to live in one and rent the other—or maximize returns by leasing both.

10 Lands End Drive, Candler

Listing courtesy of Keller Williams Professionals. daniellefontenot@kw.com
$194,900
2 Beds ⋅ 1 Baths ⋅ 4332142 MLS ⋅ 602 SqFt. ⋅ ACTIVE Status
Cute cottage located in mountains of Western North Carolina. Home has 2 bedrooms, 1 bath. Large deck for enjoying outdoors, fireplace in den. Within 30 minutes of Lake Lure, Chimney Rock, and Black Mountain.

30 Rainbow Lake Circle, Black Mountain

Listing courtesy of Asheworth Group WNC Real Estate LLC. lisaford4137@gmail.com
$190,000
3 Beds ⋅ 2 Baths ⋅ 4397427 MLS ⋅ 840 SqFt. ⋅ ACTIVE Status
Investor special with excellent potential just 8 minutes from Weaverville! This recently subdivided double-wide sits on a generous lot and offers a great opportunity for investors, flippers, or buyers looking to renovate and make it their own. The home will require renovations and is being sold as-is. It is currently served by a shared well, with a shared well agreement in progress. The title has been retired, and the subdivision has recently been completed. Enjoy the peaceful setting, convenient location, and ample outdoor space with plenty of possibilities. Whether you're looking for your next investment project or a property to customize, this one is full of potential!

12 Green Cove Lane, Alexander

Listing courtesy of NextHome Partners. Jesus@nexthome828.com
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