Property listing for 133 Highland Street, Weaverville, NC 28787
For SaleSingle Family Home

$340,000

133 Highland Street, Weaverville, NC 28787

Cottage Opportunity Steps from Lake Louise and Downtown Weaverville

3 Bed · 2 Bath · 1,053 Sq Ft

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

3

Beds

2

Baths

1,053

Sq Ft

1999

Built

0.34 acres

Lot

None

Garage

About 133 Highland Street

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.

Home Highlights

Prime walkable location adjacent to Lake Louise ParkR-1 zoning allows single-family use and potential ADU/home-occupation1,053 sq ft single-story cottage on a 0.34-acre lotCovered front porch and deep yard with renovation upsideOffered AS-IS — strong opportunity for renovators or investors

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Weaverville Elementary

Elementary

8/10

North Buncombe Middle

Middle

8/10

North Buncombe High

High

6/10

Walkability & Recreation

65
Walkability
82
Recreation

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.

Investment Highlights

  • Proximity to Lake Louise Park and Weaverville Community Center
  • Potential for customization and value addition
  • Located in a growing community with moderate appreciation trends
  • R-1 zoning allows for accessory dwelling units or home occupations
  • Recent sale at $340,000 indicates stable property values

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

Things to Consider

  • Property requires repairs; extent to be determined
  • Buyer's market with increasing inventory may affect resale timeline
  • Potential buyers should verify zoning regulations for intended use
  • Proximity to amenities may result in higher traffic and noise levels
  • Due diligence needed to assess structural integrity and repair costs

Opportunity Analysis

A fixer-upper in a prime location near Lake Louise Park and downtown Weaverville, offering potential for customization and value addition in a growing community.

Potential Use Scenarios

  • Renovate and customize for personal use or resale
  • Explore potential for accessory dwelling unit or home occupation
  • Leverage proximity to amenities for rental income potential

Risk Factors

  • Extent of repairs needed may be significant
  • Buyer's market conditions may affect resale timeline
  • Zoning regulations may limit certain uses or modifications

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$320K

Midpoint

$340K

High

$360K

$323/SF estimated price per square foot

80% confidence

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

As of 2026-04-15

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$479,000
Avg Days on Market106 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)5,000
Median Income (1 mi)$60,000

Steady population growth with increasing property values. Walkability Rating estimate: 65/100.

Nearby Points of Interest

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

Proximity to Lake Louise Park and Weaverville Community Center offers recreational opportunities. Downtown Weaverville provides dining and shopping options.

School District

DistrictBuncombe County Schools
ElementaryWeaverville Elementary (8/10)
MiddleNorth Buncombe Middle (8/10)
HighNorth Buncombe High (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1999
Constructionfiber cement
Stories1
Roofshingle
Heatingcentral gas
Coolingcentral AC
Basementnone
FireplaceNo
Conditionneeds_repair

Lot & Site

Lot Size0.34 acres (14,810 SF)
Topographyrolling
Parkingdriveway
Parking Spaces2
FrontageFrontage on Highland Street

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle-Family Residential
JurisdictionTown of Weaverville

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle-Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$225,500
Land$225,500
Improvements$0
Annual Tax (2024)$1,956

Sale History

2025-05-28$340,000

$323/SF

Sale recorded in public records

2022-11-09$280,000

$266/SF

Sale recorded in public records

Are You the Listing Agent?

Claim this property page to feature your contact info, photos, and list price.

Claim This Listing — $49

One-time fee. Your info appears on this page across CompCasa.

Request a Showing

Connect with a licensed local agent in this area.

Request a Showing

Are you a buyer's agent?

Claim ZIP 28787 — $49/yr

Property details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.

Request a Showing