Malvern Hills Real Estate

Welcome to Malvern Hills, a charming neighborhood nestled in the heart of Asheville, North Carolina. This tight-knit community is located in Buncombe County, offering residents a peaceful and serene setting while being just a short drive away from the vibrant city life of Asheville.

Malvern Hills is known for its beautiful tree-lined streets, well-maintained homes, and a strong sense of community. Residents enjoy the convenience of being close to a variety of local amenities, including parks, schools, and shopping centers. The neighborhood is also just a stone's throw away from the stunning Blue Ridge Mountains, providing plenty of opportunities for outdoor activities such as hiking, biking, and picnicking.

In Malvern Hills, you'll find a mix of architectural styles, ranging from cozy bungalows to spacious modern homes, catering to a diverse range of tastes and preferences. The neighborhood is perfect for those seeking a peaceful retreat away from the hustle and bustle of the city, without sacrificing convenience and accessibility.

Whether you're looking to raise a family, retire in a tranquil setting, or simply enjoy the best of both worlds, Malvern Hills offers a unique blend of small-town charm and urban convenience. Come and discover why this neighborhood is a hidden gem in the vibrant city of Asheville.

Newest Listings in Malvern Hills

$425,000

4 Beds ⋅ 2 Baths ⋅ 4402022 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the desirable Malvern Hills neighborhood of West Asheville! Situated on a level 0.25-acre lot, this versatile property features a 3-bedroom, 1-bath main residence plus a separate 1-bedroom, 1-bath accessory dwelling unit (ADU) complete with its own kitchen—ideal for long-term rental income, multigenerational living, guest accommodations, or a private home office. The property offers a spacious yard, a patio perfect for relaxing or entertaining, and ample off-street parking. Conveniently located just minutes from Malvern Hills Park, Haywood Road's popular restaurants, breweries, shopping, and downtown Asheville, this property combines flexibility, convenience, and investment potential in one of West Asheville's most sought-after neighborhoods. Whether you're looking to expand your investment portfolio, generate income through long-term tenancy, or create a flexible living arrangement for extended family, this unique property presents a rare opportunity in the heart of Malvern Hills.

44 Bear Creek Road, Asheville

Listing courtesy of Keller Williams Professionals. billdevore@kw.com

$849,000

4 Beds ⋅ 3 Baths ⋅ 4403583 MLS ⋅ ACTIVE UNDER CONTRACT Status

New Home, just completed. (pictures enhanced w AIO for appeal) Quality construction with beautiful hardwood red oak flooring, Quartz countertops.,tile baths, high ceilings, quality Energy efficient Andersen windows, Primary bedroom on the main. Laundry on main as well as upper level. extra closet and storage space. Additional living area/office area on 2nd floor. Walkable neighborhood and only a couple minute walk to Malvern Hills Park and Hayood Rd.. 1 block from Malvern Hills park and soon to be renovated Malvern Hills pool. adjoining lot not for sale and will have a new house on it soon, seller might consider selling for the right price. Heated Sq. Ft. is approximate so Buyer to verify actual measured heated sq. ft.

48 Middlemont Avenue, Asheville

Listing courtesy of Estate Realty. mgbryant33@gmail.com

$798,000

5 Beds ⋅ 3 Baths ⋅ 4373598 MLS ⋅ ACTIVE UNDER CONTRACT Status

A truly rare offering, this grand 1920s brick estate is available for the first time on the MLS. Rich in architectural character and set on stately grounds, this distinguished residence presents an exceptional opportunity to restore and personalize a home of remarkable substance and enduring elegance. With 9-foot ceilings on the main level and over 2400 sf of finished space, and a 1,400 sf basement, the home offers a scale and presence seldom found today. The flexible floor plan includes five bedrooms and three full baths, with a main-level office or bedroom providing versatile living options. Original details remain beautifully preserved throughout, including solid oak doors, unpainted wood trim, original brass hardware, and hardwood floors resting beneath the existing carpet. The craftsmanship, materials, and attention to detail reflect an era when homes were built to last for generations. Topped with a slate roof known for exceptional elegance and longevity. The expansive grounds create a commanding setting, while the 700 sf detached garage offers endless possibilities as a workshop, studio, or hobby room. Beneath the home, the substantial basement provides exceptional storage and future expansion potential. Located within walking distance of vibrant West Asheville and just minutes from downtown Asheville, with Malvern Hills Park nearby, the property combines historic grandeur with one of the area's most desirable lifestyles. Opportunities of this caliber are increasingly rare. Whole-house HVAC quote already in hand; most other work believed to be cosmetic, leaving mostly design and decoration to be executed. For the discerning buyer with vision, this is a chance to steward a landmark-quality residence and transform it into a showpiece estate. With exceptional bones, irreplaceable architectural details, and significant upside potential, this historic treasure awaits its next chapter.

88 Bear Creek Road, Asheville

Listing courtesy of Town and Mountain Realty. Aviva@townandmountain.com

$695,000

3 Beds ⋅ 3 Baths ⋅ 4368330 MLS ⋅ ACTIVE Status

West Asheville doesn't just have a vibe — it has a whole ecosystem, and 46 Rumbough Place puts you right in the middle of it. Built in 2016, this clean-lined Arts & Crafts contemporary in the heart of Malvern Hills sits directly across from Malvern Hills Park — tennis courts, playground, and green space literally at your front door. Inside, main-level living makes daily life effortless: primary suite, laundry, and open living all on one floor. Wood and tile floors, a breakfast bar, walk-in closets, and a private hot tub round out a home that works as hard as you do — and relaxes just as well. Upstairs, two generous bedrooms and a full bath offer space for guests, a home office, or whatever your life requires. Covered front porch, rear deck, fully fenced yard, 2-car carport, and a shed complete the picture. Minutes to West Asheville's restaurants, breweries, galleries, and live music. This is the one. Schedule your tour today. Modern, move in ready and in one of the most connected communities in Asheville.

46 Rumbough Place, Asheville

Listing courtesy of Unique: A Real Estate Collective. marycade@uniquecollective.us

$640,000

4 Beds ⋅ 2 Baths ⋅ 4356405 MLS ⋅ ACTIVE Status

(MOTIVATED SELLERS!!!!) Charming 1940s traditional in sought-after Malvern Hills! This 4BR/1.5BA home offers character, natural light, and flexible living space. Features include gleaming hardwood floors, a spacious living room with wood-burning fireplace, bright dining area, large kitchen with breakfast nook, and beautiful sunroom perfect for morning coffee or evening relaxation. Upstairs bonus nook offers ideal office space or potential for an expanded primary suite. Expansive garage/basement area offers room for workshop, storage, or possible future apartment. Just 0.4 miles to Malvern Hills Park with pickleball and tennis courts, playground, picnic shelter, renovated pool (coming soon) and near access to the Hominy Creek Greenway. This is a welcoming neighborhood known for community gatherings and outdoor fun, including access to historic Caney Creek Greenway. Additionally, you’ll enjoy easy access to local dining with a handful of well-loved nearby restaurants. Great opportunity in one of Asheville’s most beloved neighborhoods! Schedule your showing today.

25 Bear Creek Road, Asheville

Listing courtesy of Keller Williams Professionals. henryallen@kw.com

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“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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