Prospect Terrace Real Estate

Welcome to Prospect Terrace, a hidden gem nestled in the heart of Asheville, North Carolina. This charming subdivision offers a unique blend of tranquility and urban convenience, making it the perfect place for families, professionals, and retirees alike. As you stroll through the tree-lined streets, you’ll be captivated by the picturesque views of the Blue Ridge Mountains and the vibrant community spirit that defines this neighborhood.

Prospect Terrace is known for its diverse architectural styles, featuring a mix of modern homes and classic bungalows that reflect the rich history of Asheville. Each residence is thoughtfully designed, offering spacious layouts, lush gardens, and inviting outdoor spaces perfect for entertaining or simply enjoying the serene surroundings. The community is also pet-friendly, with plenty of green spaces for your furry friends to roam and play.

Location is key, and Prospect Terrace does not disappoint. Situated just minutes from downtown Asheville, residents have easy access to an array of local shops, gourmet restaurants, and cultural attractions. The renowned River Arts District and the beautiful Asheville Botanical Gardens are just a short drive away, providing endless opportunities for exploration and adventure.

For those who appreciate the great outdoors, Prospect Terrace is ideally located near hiking trails, parks, and scenic overlooks, making it easy to immerse yourself in the natural beauty that Asheville is famous for. Whether you’re looking to settle down or invest in a vibrant community, Prospect Terrace offers a welcoming atmosphere that truly feels like home. Come discover the charm of this exquisite neighborhood and envision your new life in Asheville!

Newest Listings in Prospect Terrace

$405,000

2 Beds ⋅ 1 Baths ⋅ 4396427 MLS

Perfectly positioned between Downtown Asheville and the vibrant River Arts District, this immaculate, move-in-ready 2-bedroom, 1-bathroom townhome offers the ultimate blend of city convenience and neighborhood quiet. The main level welcomes you with a seamless open-concept layout with laminate wood floors throughout; connecting the living room, dining area, and a well-appointed kitchen featuring granite countertops and stainless-steel appliances. Retreat upstairs to find two bedrooms and a full modernized bathroom. Outdoor living options abound. Enjoy your morning coffee on the peaceful screened-in front porch or unwind on the serene private rear deck, offering a tranquil space for relaxation. The property includes one dedicated parking space plus convenient street parking. Enjoy effortless walkability to Owen's Bell Park with well-maintained trails and to Asheville's premier shopping, dining, live music venues, and breweries all within a short distance. HOA Note: Per community regulations, this must be an owner-occupied primary residence. Rentals are strictly prohibited, though roommates ARE permitted.

72 Owens Bell Lane, 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 .