For Sale $240,000
BACK ON THE MARKET at no fault of this lovely home! Buyer's financing fell through. This delightful 2-bedroom, 1.5-bath, two-story townhome is conveniently located just off Sweeten Creek Road in the heart of Arden. Enjoy a beautifully updated kitchen featuring granite countertops and hardwood-style laminate flooring that flows through the main living area. A laundry closet is tucked just off the kitchen hallway for easy access. Step outside to your private, tiled patio, perfect for relaxing or entertaining, and take a short stroll to the community’s in-ground pool. Upstairs, the second bedroom has been freshly updated with brand-new carpet and paint following repairs completed after storm damage from Hurricane Helene (tree damage to the roof over the second bedroom). The primary bedroom includes a large walk-in closet with built-in shelving, and the full bathroom features granite counters and tile flooring. Clean and well-maintained this townhome is ready for you to move right in!
| List Price: | $240,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 520 sqft |
| Parking: | Assigned, Parking Space(s) |
| MLS Number: | CAR4267052 |
| Subdivision: | The Colony |
| Bathrooms: | 2 |
| Year Built: | 1973 |
| Sewer Type: | Public Sewer |
| Elementary: | Glen Arden/Koontz |
| Middle: | Cane Creek |
| High: | T.C. Roberson |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| William W Estes Elementary | 2 miles | KG-05 | 8 |
| Fletcher Elementary | 4 miles | KG-05 | 9 |
| Glenn C Marlow Elementary | 5 miles | KG-05 | 10 |
| Invest Collegiate (Buncombe) | 6 miles | KG-06 | 8 |
| Oakley Elementary | 6 miles | KG-05 | 4 |
| Fairview Elementary | 7 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 118 Colony Drive, Arden NC | 0 mi | $240,000 | days | |
| 122 Colony Drive, Arden NC | 0 mi | $219,900 | days | |
| 141 Colony Drive, Arden NC | 0.1 mi | $195,000 | days | |
| 20 Phillip Lane, Arden NC | 0.1 mi | $599,900 | days | |
| 215 Cedar Lane, Arden NC | 0.1 mi | $330,000 | days | |
| 147 Cedar Lane, Arden NC | 0.2 mi | $650,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Town and Mountain Realty
118 Colony Drive, Arden NC is a 520 ft2 on a 0.020 acres Appraisal lot. This is for $240,000. This has 2 bedrooms, 2 baths, and was built in 1973.
Based on information submitted to the MLS GRID as of 2025-07-16 09:01:51 EST. 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. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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