Escape to the beauty of the Blue Ridge Mountains at 196 Tipton Hill Road, where breathtaking long-range mountain views, exceptional care, and peaceful country living create the perfect mountain retreat. Beautifully situated on a meticulously landscaped homesite with no HOA, this move-in-ready home offers approximately 1,333 square feet of thoughtfully designed living space featuring three bedrooms and two full baths, blending comfort, functionality, and timeless charm. Whether you're searching for a primary residence, a second home, or an investment property, this home offers the flexibility buyers are looking for, with short-term rental potential subject to county regulations. From the moment you arrive, you'll appreciate the outstanding curb appeal created by mature landscaping, colorful seasonal plantings, and the evident pride of ownership throughout. The inviting screened front porch is the perfect place to unwind at the end of the day while enjoying spectacular sunsets that paint the western sky in brilliant colors. Inside, natural light fills the home, creating a warm and welcoming atmosphere that reflects the care this property has received over the years. Designed to embrace outdoor living, the home offers multiple spaces to relax, entertain, and take in the spectacular scenery. A spacious side deck overlooks the fully fenced side yard, providing a wonderful space for pets, gardening, or simply enjoying the outdoors in privacy. The expansive rear deck is truly the centerpiece of the property, showcasing breathtaking layered, long-range views of the Blue Ridge Mountains that provide an ever-changing backdrop throughout every season. Start your mornings with unforgettable sunrises rising over the mountains, and in the evenings, enjoy mesmerizing moonrises that illuminate the landscape, creating a peaceful setting unlike any other. Whether hosting family and friends, enjoying dinner outdoors, or simply soaking in the panoramic scenery, this remarkable space is one you'll never want to leave. Adding even more versatility is the detached workshop, ideal for woodworking, hobbies, crafts, storage, or a home-based business. Just beyond, an additional deck nestled beside the workshop offers another peaceful destination to relax while overlooking the beautifully landscaped yard and taking in the same incredible mountain views. Every outdoor space has been thoughtfully designed to maximize both beauty and functionality, creating your own private mountain sanctuary. One of the property's most unique lifestyle features is its location along picturesque Tipton Hill Road, a favorite among walkers, cyclists, runners, and outdoor enthusiasts. Step outside your front door and enjoy leisurely walks or bike rides along this scenic mountain road, where breathtaking 360-degree mountain vistas unfold around nearly every bend. The quiet surroundings, fresh mountain air, and stunning scenery make this one of Western North Carolina's hidden gems for those who appreciate an active outdoor lifestyle and the beauty of the Blue Ridge Mountains. Despite its peaceful mountain setting, the home is conveniently located within an easy drive of downtown Asheville, downtown Weaverville, shopping, dining, breweries, healthcare, the Blue Ridge Parkway, and countless hiking trails, waterfalls, and outdoor adventures. Offering no HOA, short-term rental potential, beautiful landscaping, multiple outdoor living areas, a screened front porch, side deck, expansive rear deck, fenced yard, detached workshop, and unforgettable Blue Ridge Mountain views, this exceptional property captures everything buyers dream of when searching for a Western North Carolina mountain home. Opportunities like this are rare—where meticulous care, extraordinary scenery, investment potential, and the freedom to enjoy mountain living come together in one remarkable property.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
