Amazing investment opportunity features two distinct living areas with stunning mountain views from both levels, particularly from the glass-enclosed sunroom off the main living area! Owner occupies the upper floor and has generated rental income from the lower, grossing $25K in 2023. Furnishings and equipment in finished basement convey with the sale. Bonus room in basement could be converted into a 3rd bedroom with a window well addition. Owner has made $60,000 in improvements to the property during their ownership, including new roof and gutters, French drain, HVAC mini-splits, electrical upgrades, view clearing, fence, etc. The main-level aesthetics have been left for buyer to customize. New owners could enclose the non-contiguous stairs to create a contiguous residence if they wish. Property is on a premium lot surrounded by trees keeping the home private and serene. Ample space is available for a house or garage addition. The mountains are calling! Come check out your new home!
****PRICE IMPROVEMENT****Incredible investment opportunity with two separate living spaces and gorgeous views! Minutes to the Asheville Regional Airport, the Collier Nature Preserve and close to Biltmore Estate! Enjoy your coffee taking in the mountain views from the porch or patio before spending time in nature in the large, open yard. Watch the sunset from the large windows of the sunroom and then retire to the great room to enjoy a peaceful evening by the fireplace. Upper level offers one bedroom, one full and one half bath, a sunroom, a glass solarium, and a great room with brick fireplace. Newly renovated lower level offers a bedroom and bonus room as well as a full bathroom, new LG and GE appliances, a kitchenette, and an electric fireplace. Storage shed conveys. Amazing potential for an income producing property! 721 square feet in basement is not contiguous.
CANOPYMLS as Distributed by MLS Grid #3759714
Aug 31, 2021
Sold
$232,500
$151/sq ft
Jul 28, 2021
Contingent
—
Jul 27, 2021
Relisted
—
Jul 20, 2021
Pending
—
Jul 8, 2021
Listed
$259,900
$168/sq ft
Public Records
Jul 15, 1987
Sold
$65,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,475 (+11.9%)
$44,700 + $184,200
$228,900
2024
$1,319 (+3.3%)
$44,700 + $184,200
$228,900
2023
$1,277 (+25.4%)
$44,700 + $169,500
$214,200
2022
$1,018 (+1.3%)
$44,700 + $169,500
$214,200
2021
$1,006 (+6.7%)
$44,600 + $129,200
$173,800
2020
$942
$44,600 + $127,000
$171,600
2019
$942
$44,600 + $105,000
$149,600
2018
$942
$44,600 + $105,000
$149,600
2017
$942 (+5.5%)
$44,600 + $105,000
$149,600
2016
$893
$44,600 + $105,000
$149,600
2015
$893
$42,800 + $85,700
$128,500
2014
$893
$42,800 + $85,700
$128,500
Tax history for 160 Laurel Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,475 (+11.9%)
$44,700 + $184,200
$228,900
2024
$1,319 (+3.3%)
$44,700 + $184,200
$228,900
2023
$1,277 (+25.4%)
$44,700 + $169,500
$214,200
2022
$1,018 (+1.3%)
$44,700 + $169,500
$214,200
2021
$1,006 (+6.7%)
$44,600 + $129,200
$173,800
2020
$942
$44,600 + $127,000
$171,600
2019
$942
$44,600 + $105,000
$149,600
2018
$942
$44,600 + $105,000
$149,600
2017
$942 (+5.5%)
$44,600 + $105,000
$149,600
2016
$893
$44,600 + $105,000
$149,600
2015
$893
$42,800 + $85,700
$128,500
2014
$893
$42,800 + $85,700
$128,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Sq. Ft.
1,544
Year built
1972
Style
Single Family Residential
County
Buncombe County
APN
965458409300000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-1
Residential District
The R-1 Residential District is primarily intended to provide locations for single-family and two-family residential development and supporting recreational, community service, and educational uses in areas where public water and sewer services are available or will likely be provided in the future. This district is further intended to protect existing subdivisions from encroachment of incompatible land uses, and this district does not allow manufactured home parks.
Heating Information: Baseboard, Ductless, Electric
Cooling Information: Ceiling Fan(s), Ductless, Electric, Multi Units
Sq. Ft. Unheated Total: 95
Sq. Ft. Unheated Main: 95
Interior Features
Room Count: 11
Interior Features: Attic Other, Open Floorplan
Appliances: Disposal, Dryer, Electric Range, Electric Water Heater, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick Partial, Wood
Roof: Metal
Exterior Features
Exterior Features: Fire Pit, Storage
Fencing: Back Yard, Fenced, Partial
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Shed(s)
Zoning Specification: R-1
Lot Information
Lot Features: Corner Lot, Green Area, Private, Sloped, Wooded, Views
Lot Size Area: 0.37
Lot Size Units: Acres
Elevation: 2000
Road Surface Type: Gravel, Paved
Road Responsibility: Publicly Maintained Road
Utilities
Utility Information
Water Source: City, Public
Sewer: Septic Installed
Utilities: Cable Available, Electricity Connected, Wired Internet Available
Location
Multi-Unit Information
Restrictions: N/A
HOA Information
HOA Subject To: None
School Information
Elementary School: Unspecified
Middle Or Junior High School: Cane Creek
High School: T.C. Roberson
Location Information
Directions: From ALT 25A (Sweeten Creek Rd.) heading north, turn right onto Royal Pines Drive, Left at Mount Royal Drive, Left onto Laurel Rd/Laurel Ct. - IMPORTANT - Stay right at the fork (Laurel Ct. will turn back into Laurel Rd.), turn right at Ivy Ct./ Laurel Rd. intersection (almost a U-turn), follow Laurel Rd. to 160 (very near intersection with Mulberry). House will be on the right. GPS should take you directly there.
Community Information
Community Features: None
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,544
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: Buncombe County
APN: 965458409300000
Home facts updated by county records on Aug 10, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1544
Living Area: 1544
Above Grade Finished Area: 844
Below Grade Finished Area: 700
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 844
Sq. Ft. Lower: 0
Foundation Details: Basement
Levels: One
Around this home
Schools
Glen Arden Elementary
Public PreK-4 • Assigned • 1.0mi
6/10
Cane Creek Middle
Public 6-8 • Assigned • 4.3mi
7/10
T C Roberson High
Public PreK-12 • Assigned • 1.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
4 days above 97° expected this year, 11 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Arden, NC • 28704
Average low and high temperatures (°F)
44
24
54
32
66
40
73
49
73
54
82
62
84
67
78
63
76
56
69
46
60
40
51
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
8.8 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$407,000 – $492,000
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