12 Penley Avenue, Asheville NC
- 2 Bed
- 1 Bath
- 1122 ft2
- 0.2 ac
For Sale $338,000
Remarks:
WOODFIN, NC USA ~ Historical neighborhood with cottage living, awaits! This home in Martell Village is minutes away from French Broad River, Amenities, I26, Asheville, Weaverville, and so much more! Built in 1925, 0.18ac corner lot, 1122sf charming cottage (2bed 1bath), offers front covered porch (144sf), private fenced backyard, walk-able, dog friendly neighborhood, with easy access to community baseball field, and basketball court. It's only 0.3m to the river. The continuing plan for a Green Way so close to your location. Home has newly installed HVAC, new fans, fresh paint, there is oil tank above ground, but has been disconnected. Appliances and shed convey. Martel Village is a historic, early 20th-century mill neighborhood located in Woodfin, NC. Developed by the Martel Mills Company to house the their employees. It is situated just minutes north of downtown Asheville, off Elk Mountain Road and features a charming mix of classic mountain mill cottages and renovated homes. Less than ½ mile from French Broad River. Explore Western North Carolina, with quick access to river and highways. Are you looking for investment or primary residence or a mountain retreat from the hot summers of the "flat lands"? This historic home has the comforts, easy care and exceptional location to so much the mountains have to offer.
General Information:
| List Price: | $338,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1122 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4379338 |
| Subdivision: | none |
| Style: | Cottage |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot, Green Area, Sloped |
| Year Built: | 1925 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 07-19-2026 | Listed | $338,000 | $302 |
| 10-29-2025 | Price Decrease | $1,395,000-3.46% | $1,244 |
| 10-15-2025 | Price Decrease | $1,445,000-3.34% | $1,288 |
| 09-16-2025 | Listed | $1,495,000 | $1,333 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 2 miles | PK-05 | 8 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
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.
Properties For Sale Nearby
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 |
| 12 Penley Avenue, Asheville NC | 0 mi | $338,000 | days | |
| 3 Penley Avenue, Asheville NC | 0 mi | $245,000 | days | |
| 11 Martel Lane, Asheville NC | 0.1 mi | $350,000 | days | |
| 8 River Mead Court, Woodfin NC | 0.1 mi | $545,000 | days | |
| 7 Breyerton Court, Asheville NC | 0.2 mi | $572,900 | days | |
| 10 Sixth Street, Asheville NC | 0.2 mi | $389,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28804
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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.
Property Listing Information
A Courtesy Listing Provided By Donohoo Group, LLC
12 Penley Avenue, Asheville NC is a 1122 ft2 on a 0.180 acres lot. This is for $338,000. This has 2 bedrooms, 1 baths, and was built in 1925.
Based on information submitted to the MLS GRID as of 2026-07-19 10:21:00 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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