5 Ridge Terrace Asheville, NC $ 770,000
5 Ridge Terrace
$ 770,000
Open House 10/18 2pm - 4pm
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5 Ridge Terrace

Asheville, NC, 28804
$ 770,000
Bedrooms3 Baths3.0 Sq 2,887

Monthly Estimate*

$ 5,318

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Condo for sale in Asheville, NC

for $770,000 with 3 bedrooms and 3 full baths. This 2,887 square foot condo was built in 1986.

Enjoy the security of a lock and leave gated active community that is nestled over 115 of acres with ponds, mountain views, trails, gardens, tennis, pickleball, indoor pool, clubhouse But when you step into 5 Ridge you will warm your senses with natural light from the majority of the windows and doors that have been updated along with fresh interior neutral paint. The layout is open and inviting from the stone fireplace with Valor gas inserts, updated wood floors, eat-in kitchen with plenty of storage. The layout allows for a primary suite plus 2nd bed/bath on the main level, while the walk-out terrace level has a 3rd bed plus a large den and office space. The colors of the mountains can be seen from most rooms and the wrap-around porch is perfect for enjoying dining al fresco. Updates include replacing the majority of the original doors/windows; generator; flooring; plantation shutters/levelor blinds; Valor gas inserts; updated kitchen. The 2026 tax value is $569,300 and the 2027 tax bill will be based on that amount.

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Open House

10/18/2026 2:00 PM - 4:00 PM
5 Ridge Terrace Asheville, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 770,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 0

Style

Year Built

1986

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4308830

Features
General
Living Area 2887
Sewer Public Sewer
Heating Central Heat Pump Natural Gas
Cooling Ceiling Fan(s) Central Air Heat Pump
Utilities Cable Available Electricity Connected Natural Gas
Appliances Dishwasher Dryer Oven Refrigerator Washer
Zoning RM6
HOA Fee 1150
Garage Spaces 2
Patio/Porch Features Deck Wrap Around
Construction Materials Hardboard Siding Stone
Year Built 1986
Levels One
Property Subtype Condominium
Parcel Number 9751-30-8996-C00A3
Community Features Clubhouse Dog Park Fitness Center Gated Indoor Pool Pickleball Playground Pond Sport Court Street Lights Tennis Court(s) Walking Trails
Assoc Fee Paid Per Monthly
County Buncombe
New Construction N
Property Type Residential
HOA Y
Subdivision Name Beaverdam Run
Garage Y/N Y
Full Baths 3
Directions Beaverdam Road in North Asheville about three miles to left into Beaverdam Run. Gate code required for showings. Ridge Terrace is slightly uphill off Ridgeview on the left.
High School Asheville
City Asheville
Association Name Beaverdam Run HOA - Mike Novell
Senior Community Y/N N
Carport Y/N N
Elementary School Asheville
Middle/Junior High School Asheville
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/a3472eb9-0b69-42a4-bdba-69c5d17efbe3?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard https://www.zillow.com/view-imx/a3472eb9-0b69-42a4-bdba-69c5d17efbe3?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Construction Type Site Built
Restrictions Subdivision
Tax Assessed Value 569300
Listing Terms Cash Conventional Owner Financing
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Interior
Interior Amenities Split Bedroom Walk-In Closet(s)
Basement Partially Finished Walk-Out Access
Flooring Carpet Tile Vinyl Wood
Fireplace Features Family Room Gas Log Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1940
Half Baths 0
Laundry Features In Kitchen Laundry Closet
Total Bedrooms 3
Below Grade Finished Area 947
Entry Level 1
Total Baths 3
SqFt Main 1940
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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Exterior
Parking Features Attached Garage
Lot Features Pond(s) Private Wooded
Water Source City Public
Foundation Details Basement
Road Surface Type Asphalt Paved
Other Equipment Generator
Road Responsibility Private Maintained Road
Main Level Garage YN Y
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Howard Hanna Beverly-Hanks Asheville-Biltmore Park

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$5,318
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Monthly Principal & Interest
$5,318
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4920607 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$770,000 -12.00% Price Down
4/9/2026$875,000 -3.79% Price Down
10/2/2025$909,500 Listed Price

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5 Ridge Terrace, Asheville, NC, 28804 is a Condo for sale at $770,000 with 2,887 sqft. 5 Ridge Terrace has 3 bedrooms, 3.0 baths, and was built in 1986. The property's zip code is 28804 which is in Asheville, NC