160 Laurel Road, Arden, NC 28704

$445,000 Asking Price

2 beds
3 baths
1,544  sqft
Built in 1972

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. Rental furnishings and equipment in finished basement convey with the sale. Bonus room in basement could be converted into a 3rd bedroom (per code) with a window well. Owner has made many improvements to the property since it was purchased 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!


Features & Amenities

Interior

General:
Attic Other, Open Floorplan
Appliances:
Disposal, Dryer, Electric Range, Electric Water Heater, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer
Laundry:
In Basement
Basement:
Apartment, Exterior Entry, Finished, French Drain, Full, Walk-Out Access
A/C:
Ceiling Fan(s), Ductless, Electric, Multi Units
Heating:
Baseboard, Ductless, Electric
Fireplace:
Family Room, Wood Burning, Fireplace

Exterior

General:
Fire Pit, Storage, Shed(s)
Parking:
Driveway

Construction

Roofing:
Metal
General:
Site Built, Basement

Location

Road/Access:
Gravel, Paved
Originating MLS:
carolina
County:
Buncombe

Lot

Zoning:
R-1, 9654-58-4093-00000
View:
Long Range, Mountain(s)
Fencing:
Back Yard, Fenced, Partial

Utilities

Utilities:
Cable Available, Electricity Connected, Wired Internet Available
Water:
City,Public
Sewer:
Septic Installed

Financial

Source:
carolina

This listing courtesy of:
RE/MAX Results

About Arden, NC

Housing

Number of Units
10,560
Median Home Value
$304,129
Median Rent
$993

38.77% of housing units are renter occupied.

9.94% are vacant.

Commute

Car
71.68%
Public Transportation
0.21%
Walk to Work
0.54%
Work from Home
27.13%
Other
0.43%

The median travel time to work is 15 minutes.

People

Population
22,871
Median Age
42.00
Median Household Size
2.63

Education

High School
24.04%
Associate’s Degree
8.42%
Bachelor’s Degree
28.15%
Graduate Degree
13.84%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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