For Sale $320,000
Don’t let this incredible opportunity slip away—your ideal home awaits at 261 Cedar Lane in Royal Pines! Imagine settling into a welcoming, three bedroom, one bath residence nestled in the coveted South Asheville – Arden neighborhood. From the moment you step inside, you’ll appreciate the warmth of hardwood floors and the versatility offered by a spacious unfinished basement—perfect for storage, a workshop, or future expansion. The attached two-car garage adds convenience, while the generous corner lot invites endless possibilities for outdoor enjoyment or gardening. Offered As Is, this home is brimming with potential for investors and dreamers alike, providing the perfect canvas to create a personalized haven in a well-loved community. Opportunities like this are rare—homes in Royal Pines don’t stay on the market for long. Make 261 Cedar Lane your next chapter and schedule your visit today!
Attic Other, Attic Stairs Pulldown
| List Price: | $320,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1477 sqft |
| Parking: | Driveway, Attached Garage, Garage Faces Front |
| MLS Number: | CAR4366543 |
| Subdivision: | Royal Pines |
| Bathrooms: | 1 |
| Lot Description: | Rolling Slope |
| Year Built: | 1960 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 04-06-2026 | Listed | $535,000 | $363 |
| 09-11-2025 | Under Contract | $209,000-12.55% | $142 |
| 08-05-2025 | Price Decrease | $239,000-20.07% | $162 |
| 06-08-2025 | Listed | $299,000 | $203 |
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 |
| 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.
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 |
| 261 Cedar Lane, Arden NC | 0 mi | $320,000 | days | |
| 141 Colony Drive, Arden NC | 0.2 mi | $192,000 | days | |
| 21 Holiday Drive, Arden NC | 0.3 mi | $449,000 | days | |
| 131 Locust Court, Arden NC | 0.4 mi | $530,000 | days | |
| 196 Weston Road, Arden NC | 0.4 mi | $450,000 | days | |
| 51 Mulberry Court, Arden NC | 0.4 mi | $449,900 | 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)
| Property Taxes |
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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 Move Asheville Realty
261 Cedar Lane, Arden NC is a 1477 ft2 on a 0.500 acres lot. This is for $320,000. This has 3 bedrooms, 1 baths, and was built in 1960.
Based on information submitted to the MLS GRID as of 2026-05-08 10:00:57 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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