Homeland Park Homes under $500,000

Homeland Park Homes under $500,000

Welcome to Homeland Park, a charming subdivision nestled in the heart of Asheville, North Carolina! Known for its picturesque landscapes and vibrant community spirit, Homeland Park offers an ideal setting for families, professionals, and retirees alike. With its close proximity to downtown Asheville, residents enjoy easy access to an array of dining, shopping, and entertainment options, all while being surrounded by the stunning Blue Ridge Mountains.

One of the most appealing aspects of Homeland Park is its diverse selection of homes, many of which are available for under $500,000. This makes it an attractive option for first-time homebuyers or those looking to invest in the Asheville real estate market without breaking the bank. The homes in this subdivision range from cozy bungalows to spacious family residences, each exuding character and charm. Many properties feature beautiful yards, perfect for outdoor gatherings or quiet evenings spent enjoying the serene surroundings.

In addition to its affordable housing options, Homeland Park boasts a friendly neighborhood atmosphere, where residents often come together for community events and activities. The nearby parks and recreational facilities provide ample opportunities for outdoor enthusiasts to explore hiking trails, picnic areas, and playgrounds.

If you’re searching for a welcoming community with affordable homes in Asheville, look no further than Homeland Park. Experience the perfect blend of small-town charm and modern convenience, all within the breathtaking backdrop of North Carolina’s stunning mountains. Your dream home awaits!

Newest Homeland Park Homes under $500,000

56 Pine Cone Drive Unit #2, Asheville
$349,000
1 Beds ⋅ 3 Baths ⋅ 4433776 MLS
Welcome to 56 Pine Cone Drive, a beautifully updated Asheville home offering modern comfort, flexible living space, and convenient access to everything Western North Carolina has to offer. Built in 2010 and thoughtfully reimagined, this unique 1-bedroom, 1.5-bath home combines an inviting open floor plan with dramatic vaulted ceilings and stylish finishes. Ideally located just minutes from Downtown Asheville, the Blue Ridge Parkway, and the VA hospital, the property is also situated in the desirable AC Reynolds school district. The ground-level primary suite offers a private retreat with a full bath, dedicated office space, and laundry. An accordion-style glass door opens to the outdoors, creating a seamless connection between indoor and outdoor living. Upstairs, a versatile loft provides additional flexibility for a home office, guest sleeping area, hobby space, or storage. Extensive improvements provide a fresh, move-in-ready feel, including updated electrical and plumbing, new windows and appliances, a new water heater, and mini-split systems throughout for efficient, customizable comfort. Outside, enjoy the rebuilt, spacious deck and stairs, perfect for entertaining or relaxing in the mountain air. A generous yard and large driveway with ample parking add to the appeal. With city water, a 2-bedroom septic system, and no HOA, this property offers added flexibility and convenience. Whether you are searching for a full-time residence, a private Asheville getaway, or a home with adaptable living space, 56 Pine Cone Drive is an opportunity to enjoy the Asheville lifestyle close to downtown, outdoor recreation, and everyday amenities.

56 Pine Cone Drive Unit #2, Asheville
79 Pine Cone Drive, Asheville
$415,000
4 Beds ⋅ 3 Baths ⋅ 4432175 MLS
Well-located East Asheville home with a rare opportunity for additional adjoining land. Situated in an established residential neighborhood, 79 Pine Cone Drive offers a practical floor plan with four bedrooms and three baths, a one-car garage and a two-car garage, on approximately one-quarter acre within Asheville city limits. The property provides convenient access to Tunnel Road, shopping, dining, and downtown Asheville while retaining the feel of a quiet residential setting. The home offers an excellent opportunity for a buyer to update and personalize an existing property in a desirable East Asheville location. An adjoining 0.27-acre buildable lot is also being offered separately as MLS # 4424957, giving buyers an option to acquire additional land for privacy, future development, investment, or construction of another residence. Purchase of the adjoining lot is not required with the purchase of 79 Pine Cone Drive. Whether considered on its own or together with the separately listed neighboring parcel, 79 Pine Cone presents a versatile opportunity in an area where usable residential land is increasingly difficult to find.

79 Pine Cone Drive, Asheville
468 Governors View Road, Asheville
$410,000
2 Beds ⋅ 1 Baths ⋅ 4409171 MLS
Looking for a beautiful home beside a lazy creek with over an acre of privacy-all mere minutes from downtown Asheville, the Blue Ridge Parkway, and excellent shopping and dining? Look no further than 468 Governors View Road! This incredibly unique property represents a recent combination of two parcels into one amazing East Asheville oasis. The home features incredible updates throughout with a fantastic, newly remodeled kitchen, spacious living room, two bedrooms with plenty of storage, and a recently remodeled bathroom. Enjoy morning coffee in the screened porch off the kitchen as you watch the creek meander by and gaze at the birds and other wildlife. Feel like sitting in the open air? Try the back deck area or anywhere in the sun or under the stars on the enormous 1.2-acre lot! Finally, you'll find extra storage space under the back deck and porch area or in the recently encapsulated, spacious walk-out crawlspace. If you're seeking room to roam, privacy, and proximity to all things Asheville, this property is for you! Welcome home.

468 Governors View Road, Asheville
24 Rhododendron Drive, Asheville
$265,000
1 Baths ⋅ 4400229 MLS
Small in size, big on charm. Welcome to 24 Rhododendron Drive, a cozy cottage tucked away in East Asheville's historic Homeland Park. Filled with natural light from an entire wall of windows and featuring vaulted ceilings, this studio lives much larger than its footprint. Inside, you'll find an open layout with updated LVP flooring, a well-designed kitchen, and a Mitsubishi mini-split that keeps the home comfortable year-round. A full-size stackable washer and dryer, metal roof, and other thoughtful updates make this home easy to own and enjoy. Out back, the private fenced flagstone patio feels like your own little retreat—perfect for morning coffee, reading a book, or winding down after exploring Asheville. An off-street parking space adds even more convenience. This home is ready from day one whether you're looking for a full-time residence, a weekend getaway, or an investment. Its location just minutes from downtown Asheville, the VA Hospital, Blue Ridge Parkway, shopping, and local restaurants makes it especially appealing for traveling medical professionals or anyone wanting to enjoy everything Asheville has to offer. Originally built as part of the historic Homeland Park cottage community in the 1930s, this home offers a rare chance to own a piece of Asheville history without sacrificing modern comfort. It's proof that great things really do come in small packages.

24 Rhododendron Drive, Asheville
15 and 16 Cottage Drive, Asheville
$420,000
2 Beds ⋅ 4392051 MLS
Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

15 and 16 Cottage Drive, Asheville
16 Cottage Drive, Asheville
$209,000
1 Beds ⋅ 1 Baths ⋅ 4391836 MLS
Charming Mountain Cottage: Ideal Asheville Crash Pad, Primary Residence, or Turn-Key Investment. Positioned just minutes from both Mission Hospital and the VA Hospital, this beautifully renovated 1930s resort cottage in historic Homeland Park offers ultimate flexibility. Whether you are searching for a low-maintenance primary home, a cozy Blue Ridge vacation getaway, a convenient personal Asheville crash pad, or a high-performing mid-term rental, this efficient studio cottage delivers on every front. Offered fully furnished and move-in ready, the light-filled layout features durable vinyl plank flooring, a nicely equipped kitchenette, an all-in-one washer/dryer, and a mini-split HVAC system for year-round comfort. Unwind on your private back deck overlooking a lovely mountain setting, or head out to explore—you are perfectly situated just minutes from Downtown Asheville, Black Mountain, and the Blue Ridge Parkway. Enjoy it as your personal mountain refuge, or take advantage of its proven turn-key rental track record with strong mid-term demand from traveling professionals. This property can be purchased individually or as a dual-property package alongside 15 Cottage Drive (Multi-Family MLS# 4392051). Income and expense reports available upon request.

16 Cottage Drive, Asheville
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

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