261 Cedar Lane, Arden NC

  • 3 Bed
  • 1 Bath
  • 1477 ft2
  • 0.5 ac

For Sale $320,000

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Remarks:

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!

Interior Features:

Attic Other, Attic Stairs Pulldown

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

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

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 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.

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
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
1 to 6 of 20 Result

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 28704

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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.

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    Comments Section

    Property Listing Information

    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. Click here for more information

    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.