For Sale $499,000
A Distinctively Asheville Retreat for Relaxed Mountain Living Discover one of Asheville’s most captivating trophy properties—an extraordinary estate that seamlessly blends architectural charm with serene outdoor living. Nestled on a beautifully combined .55-acre double lot, this one-of-a-kind retreat features distinctive rondette-style bungalows, two enchanting gazebos, and a cozy fire pit perfect for evenings under the stars. Unwind by one of the two outdoor fireplaces or host unforgettable gatherings in this magical setting designed for both relaxation and entertaining. This property isn’t just a home—it’s a lifestyle, and a rare opportunity to own a proven income-producing rental that guests will never forget. All furnishings convey with the sale, making this a truly turnkey investment. Inventory list available. You deserve something special—this property delivers it in spades.
List Price: | $499,000 |
Status: | For Sale |
Bedrooms: | 2 |
Type: | Single Family Residence |
Approx Sq. Ft.: | 514 sqft |
Parking: | Circular Driveway |
MLS Number: | CAR4243364 |
Subdivision: | Mountain Heights |
Style: | Bungalow, Other |
Bathrooms: | 2 |
Lot Description: | Wooded |
Year Built: | 1972 |
Sewer Type: | Septic Installed |
Elementary: | Glen Arden/Koontz |
Middle: | Cane Creek |
High: | T.C. Roberson |
Date | Event | Price | $/SQFT |
08-31-2025 | Price Decrease | $499,000-9.11% | $971 |
08-12-2025 | Price Decrease | $549,000-4.52% | $1,069 |
06-27-2025 | Listed | $575,000 | $1,119 |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
William W Estes Elementary | 3 miles | KG-05 | 8 |
Fletcher Elementary | 4 miles | KG-05 | 9 |
Glenn C Marlow Elementary | 5 miles | KG-05 | 10 |
Fairview Elementary | 7 miles | KG-05 | 7 |
Mills River Elementary | 7 miles | KG-05 | 9 |
Oakley Elementary | 7 miles | KG-05 | 4 |
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 |
8 Palatka Street, Arden NC | 0 mi | $499,000 | days | |
24 Palatka Street, Arden NC | 0.1 mi | $335,000 | days | |
24 Ashcroft Road, Arden NC | 0.2 mi | $400,000 | days | |
95 Pensacola Avenue, Arden NC | 0.2 mi | $489,500 | days | |
61 Ashcroft Place, Arden NC | 0.2 mi | $450,000 | days | |
50 Baldwin Road, Arden NC | 0.4 mi | $499,000 | 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)
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 |
Occupancy Types |
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
8 Palatka Street, Arden NC is a 514 ft2 on a 0.550 acres Wooded lot. This is for $499,000. This has 2 bedrooms, 2 baths, and was built in 1972.
Based on information submitted to the MLS GRID as of 2025-06-27 11:30:19 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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