Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $219,100 appears below market.
Well-Maintained Brick Ranch with Large Lot in Parkway Forest
This brick ranch at 11 Looking Glass Lane is a single-story home built in 1962 with 1,498 square feet of living space on a level 0.27-acre lot. The property presents a straightforward mid-century layout and durable exterior construction—brick veneer with a composition shingle roof—and sits on a residential block in Parkway Forest, an established East Asheville neighborhood. The lot’s size and level topography create a clear opportunity for expanded outdoor living or garden improvements.
Inside, documented features include three bedrooms and one-and-a-half bathrooms, hardwood floors, and an updated kitchen. Mechanical systems note a heat pump for heating; no central cooling is documented. Parking is via a standard residential driveway with space for two vehicles and there is no garage or basement. Condition is listed as good, and improvement notes specifically call out hardwood floors and the updated kitchen.
Long-term ownership signals and public records indicate owner-occupancy dating back to a 1977 purchase, which helps explain the maintained condition and incremental updates. The property is zoned RS-4 under City of Asheville jurisdiction; permitted uses include single-family occupancy, accessory dwelling units, and limited home occupations. Setback guidelines and municipal utilities—municipal water and sewer, Piedmont Natural Gas service, and Duke Energy electric—are documented.
Parkway Forest’s location provides easy access to regional amenities: the Blue Ridge Parkway (about 1 mile), Asheville Mall (about 2 miles), and Downtown Asheville (about 3 miles). Local schools associated with the address include Charles C. Bell Elementary, A.C. Reynolds Middle, and A.C. Reynolds High. The broader East Asheville market has shown multi-year appreciation and remains relatively balanced with moderate inventory and an average days-on-market figure consistent with area norms. For buyers and investors, key due diligence items include professional inspection of aging systems and verification of any permits for past renovations; the absence of documented cooling suggests adding or upgrading climate control could be a practical near-term improvement.
See the properties helping shape the valuation.
Comparable sales
- 286 SF smaller
- Similar lot size
- Same year built
- 302 SF smaller
- 0.5 additional bathrooms
- 1,307 SF larger lot
- Same year built
- 198 SF smaller
- 1,307 SF larger lot
- Same year built
A 1962 ranch on 0.27 acres.
Building
Site & utilities
Parkway Forest
Researched nearby locations
Location
11 Looking Glass Lane, Asheville, NC 28805
Parkway Forest is an established East Asheville residential neighborhood with convenient access to regional anchors: the Blue Ridge Parkway (≈1 mile), Asheville Mall (≈2 miles) and Downtown Asheville (≈3 miles). Nearby schools include Charles C. Bell Elementary, A.C. Reynolds Middle, and A.C. Reynolds High; middle and high schools are documented as well-rated. The area attracts families and retirees drawn to outdoor recreation, shopping, and dining while maintaining a moderate walkability profile. Residential streets are mostly single-family and the neighborhood sits near retail corridors and commuter routes such as Tunnel Road.
The property is approximately 1 mile from the Blue Ridge Parkway, providing ready access to scenic drives, trailheads, and outdoor recreation opportunities.
A factual market snapshot around 11 Looking Glass Lane.
Residential Single-Family
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 298 SF smaller
- 316 SF smaller
- 0.5 additional bathrooms
What the research supports — and what is still worth verifying.
Key findings
- Assessed value $219,100 (land $49,400, improvements $169,700) — annual taxes $2,165
- Zoned RS-4 — allows single-family and accessory dwelling units
- Comparable sales within 0.5 miles in last 6 months range $315K–$376K
- Average days on market in East Asheville: 67 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions for potential additions
- Professional home inspection
- HVAC system assessment
What stands out about this property.
Interior Features
- 3 bedrooms
- 1.5 bathrooms
- Hardwood floors
- Updated kitchen
- Heat pump heating
- No central cooling documented
- Single-story (1 story)
- Brick veneer construction
- Composition shingle roof
- Basement: none
- Garage: none
- Driveway parking for 2 vehicles
- Condition: good
Sources & research confidence.
See where the property research came from and how confidence varies by field.