201 Birch Lane, Arden NC
- 9 Bed
- 0.4 ac
For Sale $789,000
Remarks:
An exceptional investment opportunity in a convenient South Asheville location, just outside the Asheville city limits. This well-maintained triplex features three spacious townhomes, each offering three bedrooms, two-and-a-half bathrooms, a gas fireplace, private patio and attached one-car garage. With an established rental history and all three units currently tenant-occupied, the property provides immediate rental income and an attractive opportunity for investors seeking an established income-producing asset. Alternatively, an owner-occupant could enjoy the flexibility of living in one townhome while generating rental income from the other two units. Recent roof replacements, additional parking and consistent property maintenance further enhance its long-term investment appeal. An additional advantage is the property's Buncombe County NS (Neighborhood Service) zoning, which allows for a mix of residential, commercial, business and service uses. Permitted uses within this zoning district include multifamily residential, professional and business offices, retail establishments, restaurants and certain other neighborhood-oriented commercial services, offering flexibility for investors considering future uses or redevelopment opportunities, subject to applicable county requirements. The parcel provides the ability to add additional units. Conveniently located just minutes from Biltmore Village, Asheville Regional Airport, shopping, dining and major transportation corridors, the property offers a desirable combination of location, functionality and rental potential. Whether expanding an investment portfolio, exploring the possibilities of mixed-use zoning or seeking a primary residence with supplemental rental income, this versatile property presents an excellent opportunity in the Asheville market.
Interior Features:
Breakfast Bar, Open Floorplan, Storage
General Information:
| List Price: | $789,000 |
| Status: | For Sale |
| Bedrooms: | 9 |
| Type: | Triplex |
| Parking: | Attached Garage, Garage Faces Front, Parking Lot, Parking Space(s) |
| MLS Number: | CAR4386730 |
| Style: | Traditional |
| Lot Description: | Corner Lot, Infill Lot, Level |
| Year Built: | 2005 |
| 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 |
| 10-12-2026 | Listed | $789,000 | N/A |
| 02-04-2026 | Price Decrease | $295,000-0.05% | N/A |
| 01-21-2026 | Listed | $295,140 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| William W Estes Elementary | 1 miles | KG-05 | 8 |
| Fletcher Elementary | 5 miles | KG-05 | 9 |
| Glenn C Marlow Elementary | 5 miles | KG-05 | 10 |
| Oakley Elementary | 6 miles | KG-05 | 4 |
| Invest Collegiate (Buncombe) | 6 miles | KG-06 | 8 |
| 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.
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 |
| 201 Birch Lane, Arden NC | 0 mi | $789,000 | days | |
| 6 Azalea Road, Arden NC | 0.1 mi | $209,000 | days | |
| 9 Myrtle Lee Cove, Arden NC | 0.1 mi | $649,000 | days | |
| 23 Myrtle Lee Cove, Arden NC | 0.1 mi | $675,000 | days | |
| 17 Azalea Road, Arden NC | 0.1 mi | $350,000 | days | |
| 147 Birch Lane, Arden NC | 0.1 mi | $400,000 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28704
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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.
Property Listing Information
A Courtesy Listing Provided By Premier Sotheby’s International Realty
201 Birch Lane, Arden NC is a ft2 on a 0.350 acres lot. This is for $789,000. This has 9 bedrooms, baths, and was built in 2005.
Based on information submitted to the MLS GRID as of 2026-10-12 16:55:03 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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