CompCasa Property Analysis · condo

15 Stony Ridge

One-Level 2BR/2BA Condo with Panoramic Mountain Views

Updated end-unit in gated Beaverdam Run community, one-level living

2 beds2 baths1,846 sq ftBuilt 19910.07 acres2-car attached
CompCasa valuation analysis
Estimated market value
$675,000
Low $650,000 · Midpoint $675,000 · High $700,000
Confidence85%Sales comparison approach
Last recorded sale$380,000Mar 1, 2016
Assessed value$506,9002025 assessment
CompCasa estimate$675,000Aug 28, 2026
Estimate vs. last recorded sale+$295,000 / +77.6%
$650,000$675,000 midpoint$700,000
Price / sq ft$366
Median sale price$645,000
Avg days on market60 days
Inventory3 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for condition, views, and amenities. Assessed value of $506,900 appears below market.

About the property

One-Level 2BR/2BA Condo with Panoramic Mountain Views

This end-unit condominium in Beaverdam Run offers one-level living with documented vaulted ceilings, a wraparound deck and year-round panoramic mountain views. Built in 1991, the residence contains 1,846 square feet of living space and is described in research records as being in excellent condition. The plan centers on a great room with a soaring stone fireplace, providing a focal point for the main living area and direct access to the outdoor deck.

Interior updates documented in the research include a kitchen remodeled in 2007 with Corian countertops, a gas cooktop, and wood flooring. The unit has two bedrooms and two bathrooms on a single level, central heating and cooling, and a layout that emphasizes low-maintenance living. A two-car attached garage and corner-lot placement on a cul-de-sac are recorded site features, along with rolling-slope topography and private driveway access.

Beaverdam Run is a gated, master-planned community spanning approximately 115 acres with resort-style amenities noted in the property records. Community features include five ponds, tennis and pickleball courts, walking trails, a dog park, gardens, and a clubhouse that houses a heated indoor pool, fitness center, locker rooms and saunas. The property research also records proximity to local anchors: Beaver Lake (~2.5 miles), The Fresh Market (~2.8 miles), the Country Club of Asheville (~2.9 miles) and downtown Asheville (approximately 5 miles).

Market and ownership notes in the research emphasize practical due diligence points: the HOA fee is documented at $1,150 monthly, the property has been owner-occupied since a 2016 purchase, and recent comparable sales in Beaverdam Run were used to generate a valuation range. Recommended verifications include confirming roof age and condition, reviewing HOA financials and policies, checking community restrictions on exterior modifications, and completing a professional home inspection. These steps will clarify maintenance exposure and HOA governance before any transaction.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$849,000
Property address15 Ridge Terrace, Asheville, NC 28804
3 bed3 bath2,793 sq ftBuilt 19860.3 mi$304/SF
Sold Mar 20, 2026
Subject difference
  • 947 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • 5 years older
Research comparison noteSimilar community, larger unit with additional bedroom and bathroom
02Sold price$725,000
Property address16 Clubside Dr, Asheville, NC 28804
2 bed2.5 bath2,224 sq ftBuilt 19900.4 mi$326/SF
Sold Apr 15, 2026
Subject difference
  • 378 SF larger
  • 0.5 additional bathrooms
  • 1 year older
Research comparison noteComparable size and amenities, slightly higher price per SF
03Sold price$710,000
Property address52 Clubside Dr, Asheville, NC 28804
2 bed2.5 bath2,195 sq ftBuilt 19920.5 mi$323/SF
Sold May 10, 2026
Subject difference
  • 349 SF larger
  • 0.5 additional bathrooms
  • 1 year newer
Research comparison noteSimilar features and community amenities
Comp methodology: Focused on condominiums within Beaverdam Run community sold or leased in last 6 months for maximum relevance
Property details

A 1991 single level on 0.07 acres.

Building

Year built1991
ConstructionWood Frame
RoofShingle
Heatingcentral
Coolingcentral_air

Site & utilities

Lot size0.07 acres
Garage2-car attached
Stories1
ConditionExcellent
BasementNone
FireplaceYes
Improvement notesUpdated kitchen with Corian countertops and gas cooktop; vaulted ceilings; wraparound deck with panoramic mountain views
Lot area3,049 sq ft
TopographyRolling Slope
FrontageLocated on a cul-de-sac with mountain views
ParkingAttached Garage
Parking spaces2
Parking notes2-car garage with additional storage space
AccessPrivate driveway leading to attached garage
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Beaverdam Run

Researched nearby locations

Beaver Lake (2.5 mi)
The Fresh Market (2.8 mi)
Country Club of Asheville (2.9 mi)
Downtown Asheville (5 mi)

Location

15 Stony Ridge, Asheville, NC 28804

View in Google Maps
Editorial neighborhood context

Beaverdam Run is a gated, master-planned community in North Asheville set across roughly 115 acres with mature landscaping, ponds and walking trails. The community provides tennis and pickleball courts, a dog park and a clubhouse with a heated indoor pool, fitness center and saunas. Nearby anchors recorded in the research include Beaver Lake (about 2.5 miles), The Fresh Market (about 2.8 miles) and the Country Club of Asheville (about 2.9 miles); downtown Asheville is approximately five miles away. The property falls in the Asheville City Schools district; local listings cite middle and high schools with solid ratings and an elementary school with average ratings.

Nearby access summary

Residents have direct access to community walking trails, tennis and pickleball courts, and five ponds within Beaverdam Run; Beaver Lake is also nearby (about 2.5 miles). The clubhouse includes a heated indoor pool, fitness center and saunas.

ElementaryIra B. Jones Elementary (4/10)
Middle schoolAsheville Middle (7/10)
High schoolSchool of Inquiry and Life Science (7/10)
School districtAsheville City Schools
Market context

A factual market snapshot around 15 Stony Ridge.

Median sale price$645,000
Avg days on market60 days
Inventory3 months
1-year appreciation5.0%
5-year appreciation25.0%
Zoning & land use

Residential Multi-Family

Zoning

Zoning codeRM-6
DescriptionResidential Multi-Family
JurisdictionCity of Asheville
Assessor useCondominium
Current useResidential
SetbacksFront 20', side 10', rear 15'

Research-indicated uses

  • Multi Family Residential
  • Single Family Residential
  • Accessory Dwelling Units
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$506,900
Assessed improvements$0
Total assessed$506,900
Assessment year2025
Annual property tax$5,568
Tax year2025

Sale history

2016-03-01$380,000 · $206/SF
2006-08-28$425,000 · $230/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$2,600/mo
Property address20 Stony Ridge, Asheville, NC 28804
2 bed2 bath1,850 sq ft$1.4/SF
Leased Jun 1, 2026
Subject difference
  • 4 SF larger
Research comparison noteSimilar unit in same community, recently leased
02Monthly rent$2,450/mo
Property address8 Clubside Dr, Asheville, NC 28804
2 bed2.5 bath1,900 sq ft$1.3/SF
Leased May 15, 2026
Subject difference
  • 54 SF larger
  • 0.5 additional bathrooms
Research comparison noteComparable size and amenities, slightly lower rent
Research findings & due diligence

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

Key findings

  • Assessed value $506,900; annual taxes $5,568
  • Zoned RM-6 allowing multi-family residential use
  • Comparable sales within 0.5 miles range $650K–$700K
  • Average days on market in area: 60 days
  • HOA fee: $1,150 monthly

Still worth verifying

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

  • Confirm roof age and condition
  • Review HOA financial health and policies
  • Verify community restrictions on exterior modifications
  • Professional home inspection
Highlights & features

What stands out about this property.

Interior Features

  • Vaulted ceilings
  • Updated kitchen (2007) with Corian countertops
  • Gas cooktop
  • Wood flooring in kitchen (documented)
  • Great room with stone fireplace
  • Wraparound deck with panoramic mountain views
  • Two bedrooms
  • Two bathrooms
  • One-level living (single story)
  • Central heating and central air
  • Shingle roof (type documented)
  • No basement (documented)
  • 2-car attached garage
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin property listing for 15 Stony RidgeView source
2
Realty.com listing for 15 Stony RidgeView source
3
Howard Hanna listing for 15 Stony RidgeView source
4
Realtor.com listing for 15 Ridge TerraceView source
5
Allen Tate listing for 15 Ridge TerraceView 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.