Homes/North Carolina/Weaverville/133 Highland Street
CompCasa Property Analysis · single_family

133 Highland Street

Cottage Opportunity Steps from Lake Louise and Downtown Weaverville

3BR/2BA fixer with a generous 0.34-acre lot and prime walkable location

3 beds2 baths1,053 sq ftBuilt 19990.34 acresnone
CompCasa valuation analysis
Estimated market value
$340,000
Low $320,000 · Midpoint $340,000 · High $360,000
Confidence80%Sales comparison approach
Last recorded sale$340,000May 28, 2025
Assessed value$225,5002024 assessment
CompCasa estimate$340,000Apr 15, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$320,000$340,000 midpoint$360,000
Price / sq ft$323
Median sale price$479,000
Avg days on market106 days
Inventory3.5 months

Sales comparison approach using recent sales of similar properties in the area. Adjusted for condition and proximity to amenities.

About the property

Cottage Opportunity Steps from Lake Louise and Downtown Weaverville

What immediately stands out at 133 Highland Street is location: a cottage-style single-story home set on a deep 0.34-acre lot, literally steps from Lake Louise Park and a short walk to downtown Weaverville’s shops and community gatherings. The house—built in 1999 with durable fiber cement siding and a shingle roof—sits on rolling terrain that gives the yard a private, tucked-away feel while preserving direct frontage on Highland Street and easy driveway parking for two.

Inside, the footprint is efficient and straightforward: an open living room that flows into the kitchen, three bedrooms and two bathrooms within roughly 1,053 square feet, tile flooring underfoot, and central HVAC for year-round comfort. The covered front porch is a genuine asset for relaxed mornings or evening gatherings, and the R-1 zoning supports single-family use with options to explore accessory dwelling possibilities or a home occupation subject to town regulations. Practical systems are in place—public water and sewer, Piedmont Natural Gas, and electric service from Duke Energy—so a renovation can focus on cosmetics or a targeted reconfiguration depending on the buyer’s vision.

This home is being offered AS-IS and requires repairs; the condition creates an attractive entry point for buyers looking to add value through renovation or for investors seeking a rental with upside. Nearby comparable sales reflect a range of outcomes based on condition: recent neighborhood closings between $428k and $522k for better-condition homes underscore the potential value if thoughtfully updated. For buyers who prioritize location over immediate perfection, this property delivers one of the market’s most walkable, amenity-rich addresses.

If you toured the property you’d notice the possibilities immediately: rework the kitchen and baths, refresh flooring, and open sight lines to take advantage of the porch and park-facing setting. With Weaverville Elementary and North Buncombe Middle nearby, plus convenient access to North Buncombe High and the greater Asheville MSA, the location supports family life, short commutes, and easy access to outdoor recreation. Schedule an inspection to assess scope and bring contractor estimates—this is a rare opportunity to secure a centrally located lot with significant upside in a changing market.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$428,800
Property address135 Highland Street, Weaverville, NC 28787
3 bed2 bath1,400 sq ftBuilt 20000.1 mi15,000 sq ft lot$306/SF
Sold Jun 15, 2025
Subject difference
  • 347 SF larger
  • Similar lot size
  • 1 year newer
Research comparison noteSimilar size and age; better condition
02Sold price$751,100
Property address120 Highland Street, Weaverville, NC 28787
4 bed3 bath1,200 sq ftBuilt 19980.2 mi20,000 sq ft lot$626/SF
Sold Jul 20, 2025
Subject difference
  • 147 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • 5,190 SF larger lot
  • 1 year older
Research comparison noteLarger lot and additional bedroom
03Sold price$522,100
Property address139 Highland Street, Weaverville, NC 28787
3 bed2 bath1,200 sq ftBuilt 19960.05 mi18,000 sq ft lot$435/SF
Sold Aug 10, 2025
Subject difference
  • 147 SF larger
  • 3,190 SF larger lot
  • 3 years older
Research comparison noteSimilar size; better condition and larger lot
Comp methodology: Comparable sales and rentals selected based on proximity, size, age, and condition. Adjustments made for differences in features and condition.
Property details

A 1999 cottage on 0.34 acres.

Building

Year built1999
ConstructionFiber Cement
RoofShingle
Heatingcentral gas
Coolingcentral AC

Site & utilities

Lot size0.34 acres
Garagenone
Stories1
ConditionNeeds Repair
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, open living room and kitchen, tile flooring, front porch
Lot area14,810 sq ft
TopographyRolling
FrontageFrontage on Highland Street
ParkingDriveway
Parking spaces2
Parking notesDriveway parking available
AccessStandard residential driveway from Highland Street
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Weaverville, NC

Researched nearby locations

Lake Louise Park (0.1 mi)
Weaverville Community Center (0.2 mi)
Downtown Weaverville (0.5 mi)

Location

133 Highland Street, Weaverville, NC 28787

View in Google Maps
Editorial neighborhood context

Weaverville combines small-town charm with quick access to Asheville’s cultural and outdoor amenities. Downtown Weaverville offers a compact mix of independent shops, cafés and seasonal events; Lake Louise Park and the Weaverville Community Center are minutes away for year-round recreation. The area attracts families drawn to Buncombe County Schools and buyers seeking a tighter-knit community with pedestrian-friendly streets. Proximity to Asheville makes day trips to broader dining, arts and mountain recreation easy while retaining a neighborly, village feel.

Nearby access summary

Excellent immediate recreation access: Lake Louise Park is 0.1 miles away, Weaverville Community Center 0.2 miles, and downtown amenities are within a half-mile—ideal for walking, community events, and short outdoor excursions.

ElementaryWeaverville Elementary (8/10)
Middle schoolNorth Buncombe Middle (8/10)
High schoolNorth Buncombe High (6/10)
School districtBuncombe County Schools
Market context

A factual market snapshot around 133 Highland Street.

Median sale price$479,000
Avg days on market106 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Weaverville is currently leaning toward a buyer’s market: inventory has increased to approximately 3.5 months of supply and average days on market sits near 106 days. Median sale prices for the area rest around $479,000, but results vary widely by condition and lot. Modest appreciation—about 5% in the past year and roughly 25% over five years—shows steady longer-term gains even as short-term momentum cools. Single-family cottages and smaller homes that need work typically trade with longer marketing times and deeper price concessions, while move-in-ready houses in prime pockets still command stronger pricing and faster sales.

For 133 Highland Street, recent local comps indicate that renovated nearby homes achieve substantially higher price-per-square-foot figures. Given the property’s proximity to Lake Louise Park, the community center, and downtown Weaverville, buyers who are willing to invest in repairs can capture value as the neighborhood remains desirable for families and investors. Rental demand in the immediate area supports gross rent estimates near $2,000 monthly for updated units, offering potential interim income for investors who rehab. In short: today’s market rewards buyers with capital and renovation plans, while sellers in need of certainty may face longer timelines and inspection-driven negotiation.

Zoning & land use

Single-Family Residential

Zoning

Zoning codeR-1
DescriptionSingle-Family Residential
JurisdictionTown of Weaverville
Assessor useSingle-Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$225,500
Assessed improvements$0
Total assessed$225,500
Assessment year2024
Annual property tax$1,956
Tax year2024

Sale history

2025-05-28$340,000 · $323/SF
2022-11-09$280,000 · $266/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,200/mo
Property address135 Highland Street, Weaverville, NC 28787
3 bed2 bath1,400 sq ft$1.57/SF
Leased Sep 1, 2025
Subject difference
  • 347 SF larger
Research comparison noteSimilar size and age; better condition
02Monthly rent$2,500/mo
Property address120 Highland Street, Weaverville, NC 28787
4 bed3 bath1,200 sq ft$2.08/SF
Leased Oct 15, 2025
Subject difference
  • 147 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
Research comparison noteAdditional bedroom and bathroom
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Built in 1999 with 1,053 square feet on a 0.34-acre lot
  • 3 bedrooms and 2 bathrooms with open living space
  • Needs repairs, offering potential for customization
  • Assessed value of $225,500 with annual taxes of $1,956
  • Located steps from Lake Louise Park and downtown Weaverville

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm extent of repairs needed
  • Verify zoning regulations for potential uses
  • Assess structural integrity and foundation condition
  • Obtain detailed property inspection report
  • Review recent comparable sales for updated valuation
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Approximately 1,053 sq ft on one level
  • Open living room to kitchen layout
  • Tile flooring throughout main living areas
  • Central air conditioning and central gas heating
  • Single-story cottage plan

Exterior & Lot

  • 0.34-acre lot (approx. 14,810 sq ft)
  • Covered front porch
  • Driveway parking for two
  • Fiber cement siding
  • Shingle roof
  • Rolling topography with street frontage on Highland Street

Location & Neighborhood

  • 0.1 mi to Lake Louise Park
  • 0.2 mi to Weaverville Community Center
  • 0.5 mi to Downtown Weaverville dining and shops
  • Buncombe County Schools district
  • Asheville MSA proximity

Walkability & Recreation

  • Walkability Rating: 65/100 — Some errands and amenities are within walking distance
  • Lake Louise Park (0.1 mi) and community green spaces nearby
  • Short walk to downtown restaurants and shops (0.5 mi)
  • Easy access to community center recreational programming (0.2 mi)
  • Suitable for daily walks and short bike rides around town
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Zillow listing page for 133 Highland StreetView source
2
Redfin listing page for 133 Highland StreetView source
3
Town of Weaverville zoning mapView source
4
Redfin market data for Weaverville, NCView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.