For Sale $255,000
Step inside and you will never guess this Arden townhome is not new construction! Completely gutted and rebuilt with contemporary upgrades throughout. You will find granite counters and LVP flooring run through the main level, while the upstairs bedrooms have the comfort of brand-new carpet underfoot. The two-level layout sets this one apart: the main floor opens up for easy living and cooking, while upstairs holds both bedrooms and a full bath, giving you separation between public and private space. A half bath downstairs rounds things out for guests. Whether you're settling in full-time or just need a low-key mountain base, the location is another perk. Close to Biltmore Park, restaurants, and the airport, The Colony community is positioned between Asheville and Hendersonville. HOA dues of $242/month take lawn care, pool upkeep, water & sewer, snow removal, and exterior maintenance off your plate entirely. Move in and enjoy it, there's nothing left to fix, update, or worry about!
Breakfast Bar
| List Price: | $255,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 481 sqft |
| Parking: | Assigned, Parking Space(s) |
| MLS Number: | CAR4418273 |
| Subdivision: | The Colony |
| Style: | Traditional |
| Bathrooms: | 2 |
| Year Built: | 1973 |
| Sewer Type: | Public Sewer |
| Elementary: | Glen Arden/Koontz |
| Middle: | Cane Creek |
| High: | T.C. Roberson |
| Date | Event | Price | $/SQFT |
| 09-04-2026 | Listed | $255,000 | $531 |
| 01-02-2026 | Under Contract | $569,900 | $1,185 |
| 11-23-2025 | Listed | $569,900 | $1,185 |
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 |
| 132 Colony Drive, Arden NC | 0 mi | $255,000 | days | |
| 131 Colony Drive, Arden NC | 0 mi | $245,000 | days | |
| 129 Colony Drive, Arden NC | 0 mi | $180,000 | days | |
| 141 Colony Drive, Arden NC | 0 mi | $190,000 | days | |
| 119 Colony Drive, Arden NC | 0 mi | $222,500 | days | |
| 20 Phillip Lane, Arden NC | 0.1 mi | $525,000 | 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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Transportation to Work |
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 Keller Williams Professionals
132 Colony Drive, Arden NC is a 481 ft2 on a 0.020 acres Appraisal lot. This is for $255,000. This has 2 bedrooms, 2 baths, and was built in 1973.
Based on information submitted to the MLS GRID as of 2026-09-04 13:50:15 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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