OFF MARKET

Off Market Aug 2022 for $1M

$1,113,001

Est. refi paymentEst. refi $5,251/mo

•

2,420

sq ft

1 Terrace Rd, Asheville, NC 28801

About this home

WELCOME TO LAUREL COTTAGE IN THE PICTURESQUE HISTORIC DISTRICT OF ALBEMARLE PARK. SITUATED ON THE WESTERN SLOPE OF SUNSET MOUNTAIN, STEPS AWAY FROM CHARLOTTE ST RESTAURANTS & 1 MILE FROM DOWNTOWN ASHEVILLE. THIS COTTAGE IS EVOCATIVE OF ASHEVILLE'S DRAMATIC TURN OF THE CENTURY RESORT BOOM ERA. , LAUREL COTTAGE IS A HALF TIMBERED TUDOR STYLE W/PEBBLE DASH STUCCO THE ORIGINAL STAINED GLASS DOOR WELCOMES YOU GRACEFULLY INSIDE TO 5 BEDROOMS 2.5 BATHS . SHE HAS 3 WORKING WOOD FIREPLACES & MANY ARCHITECTURAL ELEMENTS UNTOUCHED BY TIME. UPDATED PLUMBING,ELECTRICAL, AND HVAC 2 PORCHES OFF THE MODERN KITCHEN, WITH DUTCH STYLE DOORS, A LANDSCAPED GRASSY YARD WITH A FIREPIT &, PIZZA OVEN BEG YOU TO WELCOME FAMILY AND FRIENDS. THE UPSTAIRS HAS A FULL KITCHEN THAT CAN BE CONVERTED INTO A FULL BATHROOM (PRE PLUMED) APPROX 1000 SQ FT BASEMENT ARE PERFECT FOR STORAGE OR FUTURE LIVING SPACE. BE PREPARED TO BE SWEPT BACK IN TIME BY THE HOME BUILT BY WILLIAM RAOUL,

Single-familyProperty Type

1901Year Built

0.37 acresLot Size

$460Est. Price/Sq.Ft.

4 spacesParking

Listed by Lisa Jackson • Asheville Realty Group

Bought with Glenn Person • Tessier Associates

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #3884606

Redfin Estimate

$1,113,001

$63K since sold in August 2022$10K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.4% higher than the average sale price ($924K) of 6 comparable homes.

SOLD JUN 29, 2026
$755,000
A
4 beds2.5 baths2,142 sq ft
60 Austin Ave, Asheville, NC 28801
SOLD JUL 31, 2026
$1,170,000
B
4 beds3 baths3,717 sq ft
52 Edwin Pl, Asheville, NC 28801
SOLD JUN 22, 2026
$841,000
C
4 beds3 baths2,448 sq ft
74 Linden Ave, Asheville, NC 28801
SOLD MAY 13, 2026
$1,250,000
D
4 beds3 baths2,688 sq ft
5 Kimberly Ave, Asheville, NC 28804
SOLD JUL 20, 2026
$690,000
E
3 beds2 baths1,897 sq ft
273 Hillside St, Asheville, NC 28801
SOLD MAY 11, 2026
$840,000
F
4 beds2.5 baths2,432 sq ft
26 E Chestnut St, Asheville, NC 28801

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Earn from this home

Sell

$271,030

Est. take-home

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Refinance

Est. cash available

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Rent

$3,797/mo

Redfin rental estimate

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Market trends in 28801, NC

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.3%

+0.9% MoM

Median sale price

$699K

$35K MoM

Avg. days on market

43d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

$859,000
2 beds2 baths1,304 sq ft
55 S Market St #416, Asheville, NC 28801
3D WALKTHROUGH
$1,495,000
3 beds2.5 baths1,830 sq ft
60 N Market St #117, Asheville, NC 28801
$750,000
6 beds5 baths2,792 sq ft
130 Edwin Pl, Asheville, NC 28801
$585,000
1 bed1 bath912 sq ft
59 College St #201, Asheville, NC 28801
$495,000
1 bed1 bath808 sq ft
45 Asheland Ave #401, Asheville, NC 28801
$475,000
2 beds2 baths849 sq ft
122 College St #202, Asheville, NC 28801
$570,000
4 beds4 baths2,244 sq ft
37 Water St, Asheville, NC 28801
3D & VIDEO TOUR
$1,350,000
2 beds2 baths1,550 sq ft
12 S Lexington Ave #407, Asheville, NC 28801
$390,000
3 beds1.5 baths1,894 sq ft
91 Clingman Ave, Asheville, NC 28801
$3,995,000
3 beds4.5 baths2,652 sq ft
60 Haywood St Unit 4A, Asheville, NC 28801
See all

Provided by Redfin

Sale history for 1 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,476 (+6.3%)

$88,600 + $865,100

$953,700

2024

$9,853 (+2.6%)

$88,600 + $865,100

$953,700

2023

$9,606 (+164.6%)

$88,600 + $865,100

$953,700

2022

$3,630

$88,600 + $865,100

$953,700

2021

$3,630 (+1.1%)

$88,600 + $275,400

$364,000

2020

$3,590

$88,600 + $275,400

$364,000

2019

$3,590

$81,700 + $251,400

$333,100

2018

$3,590 (−0.9%)

$81,700 + $251,400

$333,100

2017

$3,624 (+14.2%)

$81,700 + $251,400

$333,100

2016

$3,172

$81,700 + $251,400

$333,100

2015

$3,172 (+1.2%)

$68,800 + $189,300

$258,100

2014

$3,133

$68,800 + $189,300

$258,100

Tax history for 1 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,476 (+6.3%)

$88,600 + $865,100

$953,700

2024

$9,853 (+2.6%)

$88,600 + $865,100

$953,700

2023

$9,606 (+164.6%)

$88,600 + $865,100

$953,700

2022

$3,630

$88,600 + $865,100

$953,700

2021

$3,630 (+1.1%)

$88,600 + $275,400

$364,000

2020

$3,590

$88,600 + $275,400

$364,000

2019

$3,590

$81,700 + $251,400

$333,100

2018

$3,590 (−0.9%)

$81,700 + $251,400

$333,100

2017

$3,624 (+14.2%)

$81,700 + $251,400

$333,100

2016

$3,172

$81,700 + $251,400

$333,100

2015

$3,172 (+1.2%)

$68,800 + $189,300

$258,100

2014

$3,133

$68,800 + $189,300

$258,100

*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

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

1904

Sq. Ft.

2,441

Year built

1904

Style

Single Family Residential

County

Buncombe County

APN

964965615800000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 25, 2026.

RM6

RESOURCE MANAGEMENT OVERLAY

HISTORIC DISTRICTS

Residential Multi-Family Low Density District

It is the intent of the RM-6 Residential Multi-Family Low Density District to permit a limited range of low density multi-family housing types along with single-family detached and attached dwellings. This district is intended to provide a transitional area between single lower- and multi-family higher-density areas, and to provide a compatible mixture of these various housing types. Non-residential development normally required to provide the basic elements of a balanced and attractive residential area is also permitted.

Zone overlays

Resource Management Overlay

Permitted uses

Include but are not limited to:

Community / recreation center
Housing-Single unit
Housing-Multiple units
Fire house
Library
Police station
Golf related
Communications tower
Cemetery
Park & open space

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Driveway, Parking Space - 4+
Other Parking: crushed granite

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1

Laundry Room Information
Laundry Features: Main Level, Laundry Room

Fireplace Information
Fireplace Features: Family Room, Living Room, Wood Burning, Other

Heating & Cooling
Heating Information: Central, Gas Hot Air Furnace, Gas Water Heater, Multizone A/C, Zoned, Natural Gas
Sq. Ft. Unheated Total: 1,250
Sq. Ft. Unheated Basement: 1,250

Interior Features
Interior Features: Built Ins, Kitchen Island, Other
Appliances: Gas Cooktop, Dishwasher, Natural Gas

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Cedar, Stucco, Stone
Roof: Fiberglass

Exterior Features
Porch: Back,Balcony,Covered,Side

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Corner Lot, Level, Long Range View, Mountain View, Sloped, Wooded, Views, Year Round View
Lot Size Area: 0.37
Lot Size Units: Acres
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Zoning NCM: RM6

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Water Heater Information: Gas

Location

Multi-Unit Information
# of Units: 0
Restrictions: Architectural Review
Restrictions Description: HISTORIC REVIEW

HOA Information
HOA Subject To: None

School Information
Elementary School: Asheville City
Middle Or Junior High School: Asheville
High School: Asheville

Location Information
Directions: FROM I0240 TO CHARLOTTE STREET TO RIGHT ONTO CHEROKEE, FIRST LEFT ONTO TERRACE, GO AROUND THE CORNER TO THE DRIVEWAY, LOTS OF PARKING AVAILABLE.

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,441
Stories: 2.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1904
Year Renovated: 1904
County: Buncombe County
APN: 964965615800000

Home facts updated by county records on Aug 25, 2026

Other

Home Information
Total Primary HLA: 2420
Living Area: 2420
Sq. Ft. Upper: 1198
Sq. Ft. Third: 0
Sq. Ft. Main: 1222
Sq. Ft. Lower: 0
Sq. Ft. Additional: 0
Building Area Total: 2420
Foundation Details: Basement, See Remarks
Structure Type: Two Story/Basement

Around this home

Schools

Claxton Elementary

Public K-5 • Assigned • 0.5mi

6/10

Asheville Middle

Public 6-8 • Assigned • 1.8mi

7/10

Silsa

Public 9-12 • Assigned • 2.5mi

8/10

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

7 days above 96° expected this year, 19 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Asheville, NC • 28801

Average low and high temperatures (°F)

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 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.8 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.06M – $1.28M

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New listings for sale in 28801

$859,000

2 beds2 baths1,304 sq ft

55 S Market St #416, Asheville, NC 28801

3D WALKTHROUGH

$1,495,000

3 beds2.5 baths1,830 sq ft

60 N Market St #117, Asheville, NC 28801

$750,000

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122 College St #202, Asheville, NC 28801

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3D & VIDEO TOUR

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3 beds1.5 baths1,894 sq ft

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Home values near 1 Terrace Rd

Data from public records.

Address	Redfin Estimate
59 Terrace Road, Asheville, NC 1 Beds \| 4 Baths \| 4593 Sq. Ft.	—
16 Cherokee Road, Asheville, NC 3 Beds \| 2.5 Baths \| 1960 Sq. Ft.	$717,434

Address	Redfin Estimate
15 Terrace Road, Asheville, NC 4 Beds \| 2 Baths \| 3312 Sq. Ft.	$1,616,862
7 Cherokee Road, Asheville, NC 2 Beds \| 2 Baths \| 810 Sq. Ft.	$401,539

Address	Redfin Estimate
20 Terrace Road, Asheville, NC 2 Beds \| 3 Baths \| 3192 Sq. Ft.	—
265 Charlotte Street, Asheville, NC - Beds \| - Baths \| 1922 Sq. Ft.	—

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28801, NC

Sale history for 1 Terrace Rd

Tax history for 1 Terrace Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28801

Home values near 1 Terrace Rd

More real estate resources