Sales comparison approach using recent sales of similar properties in the area. Adjusted for condition and proximity to amenities.
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.
See the properties helping shape the valuation.
Comparable sales
- 347 SF larger
- Similar lot size
- 1 year newer
- 147 SF larger
- 1 additional bedroom
- 1 additional bathroom
- 5,190 SF larger lot
- 1 year older
- 147 SF larger
- 3,190 SF larger lot
- 3 years older
A 1999 cottage on 0.34 acres.
Building
Site & utilities
Weaverville, NC
Researched nearby locations
Location
133 Highland Street, Weaverville, NC 28787
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.
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.
A factual market snapshot around 133 Highland Street.
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.
Single-Family Residential
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
- 347 SF larger
- 147 SF larger
- 1 additional bedroom
- 1 additional bathroom
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.