5 Arbutus Road, Asheville NC
- 2 Bed
- 2 Bath
- 611 ft2
- 0.2 ac
For Sale $429,900
Remarks:
Turn-key income-producing opportunity! Absolutely charming East Asheville cottage with a separate lower-level apartment, both are being sold fully equipped and furnished. Rent both or live in one and rent the other. Each unit has its own private entrance, parking, deck and outdoor space. Upper-level two bedroom unit is spacious with vaulted ceilings and beautiful original wood flooring. A light- filled living area offers easy access to the deck and yard. The well-equipped kitchen provides plenty of cabinet storage and workspace. The larger of the two bedrooms has a private outdoor balcony. Laundry closet with stacked washer and dryer. Lower-level guest apartment is also fully furnished and includes a living room, full kitchen, bonus/bedroom (no egress), and full-size washer and dryer. Super convenient East Asheville location close to tons of shopping, the Blue Ridge Parkway, Nature Center, VA hospital and minutes to vibrant downtown Asheville. Duplicate Residential Listing MLS 4270691
General Information:
| List Price: | $429,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Duplex |
| Approx Sq. Ft.: | 611 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4280642 |
| Subdivision: | Arbutus Park |
| Style: | Cottage |
| Bathrooms: | 2 |
| Year Built: | 1945 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Charles C Bell |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 07-29-2025 | Listed | $429,900 | $704 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Charles C Bell Elementary | 0 miles | KG-05 | 8 |
| Haw Creek Elementary | 1 miles | KG-05 | 7 |
| Evergreen Community Charter | 1 miles | KG-06 | 8 |
| Oakley Elementary | 2 miles | KG-05 | 4 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
| ArtSpace Charter School | 4 miles | KG-06 | 8 |
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 |
| 5 Arbutus Road, Asheville NC | 0 mi | $429,900 | days | |
| 15 & 16 Cottage Drive, Asheville NC | 0.1 mi | $465,000 | days | |
| 16 Cottage Drive, Asheville NC | 0.1 mi | $224,900 | days | |
| 15 Pinewood Road, Asheville NC | 0.1 mi | $314,900 | days | |
| 10 Rhododendron Drive, Asheville NC | 0.1 mi | $330,000 | days | |
| 11 Pinewood Road, Asheville NC | 0.1 mi | $305,000 | 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 28805
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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 Mosaic Community Lifestyle Realty
5 Arbutus Road, Asheville NC is a 611 ft2 on a 0.160 acres Appraisal lot. This is for $429,900. This has 2 bedrooms, 2 baths, and was built in 1945.
Based on information submitted to the MLS GRID as of 2025-07-29 10:01:15 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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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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