$425,000
17 Laurel Trail, Asheville, North Carolina 28803, United States
Wooded privacy near Blue Ridge Parkway and downtown Asheville
3
Beds
2.5
Baths
1,676
Sq Ft
1990
Built
0.91 acres
Lot
2-car attached
Garage
Tucked at the end of Laurel Trail in Cedarwood Estates, 17 Laurel Trail is a cottage-style retreat set on a nearly one-acre wooded parcel with long-range mountain views. Wake to morning light filtering through Andersen windows and skylights that scatter a soft glow across the living room’s gas-log fireplace — a warm, lived-in center for slow weekends and intimate gatherings. The home’s two-story footprint (1,676 SF) affords separation and privacy between living areas and bedrooms, while the sloped lot creates a feeling of being nestled into the landscape.
Original flooring and carpets tell a story of careful ownership and create a canvas for personalization; thoughtful updates will reveal the home’s full potential. Skylights and large windows bring the outdoors in, and several vantage points capture changing light across the treetops and distant mountains — a daily reminder of Asheville’s natural beauty. Practical systems are addressed: a new HVAC installation is scheduled for March 2–3, 2026, reducing near-term capital expense and adding comfort throughout the seasons (verify completion and warranty as part of due diligence).
Outside, the 0.91‑acre lot feels private and expansive — ideal for gardens, outdoor living, or a sensitive renovation that opens further to the views. A two-car attached garage and driveway with turnaround area provide convenient parking and storage for gear and projects. Utilities include municipal water and sewer, propane heating, and electric cooling.
Cedarwood Estates balances tranquil suburban character with easy access to regional highlights: AC Reynolds Middle and High Schools sit about 1.4 miles away, the Blue Ridge Parkway is roughly 2 miles for immediate access to scenic drives and trailheads, and downtown Asheville is an easy 6‑mile drive when you crave restaurants, galleries, and events. With steady appreciation in the neighborhood and recent comparable sales nearby, this property represents both a comfortable primary residence and a clear canvas for value-enhancing renovation.
This cottage is for buyers who want to step into a peaceful, wooded setting with mountain panoramas and add their finishing touches. Bring a designer’s eye and enjoy the rare combination of privacy, proximity, and potential in one of Asheville’s established neighborhoods.
Cedarwood Estates blends wooded, private lots with easy access to Asheville’s outdoor and urban amenities. Families appreciate proximity to AC Reynolds Middle and High (about 1.4 miles), while nature lovers enjoy the Blue Ridge Parkway only two miles away. The neighborhood offers quiet streets, mature tree canopy, and a short commute to downtown Asheville’s restaurants, breweries, and arts scene. Steady demand and limited inventory make it a desirable enclave for buyers seeking both tranquility and convenience.
Cedarwood Estates is currently favoring sellers: inventory sits around 2.5 months and homes in the neighborhood typically receive offers within about 35 days. Median sale price for the area is approximately $450,000, while recent comparable sales within 0.5 miles range between $400,000 and $615,000 — supporting a valuation band of $400K–$450K and a midpoint estimate near $425,000 ($253/SF). Appreciation has been modest but steady, with roughly 5% year-over-year and about 25% over five years. Single-family cottages and mid-sized homes in this corridor move briskly given limited listings and strong demand from buyers seeking proximity to both the Blue Ridge Parkway and downtown Asheville.
For buyers, the current market means competition is likely but not frenetic; properties in fair condition with renovation upside, like 17 Laurel Trail, can present opportunity to add value and capture neighborhood appreciation. For sellers, limited inventory and consistent buyer interest suggest well-prepared listings will attract offers within the local average days on market. As always, verify recent solds, days on market, and financing trends with your broker — and factor inspection findings and the scheduled HVAC installation into your offer strategy.
AC Reynolds High
High · 1.4 mi
AC Reynolds Middle
Middle · 1.4 mi
Oakley Elementary
Elementary
Excellent access to outdoor recreation with the Blue Ridge Parkway and trailheads roughly 2 miles away, downtown Asheville 6 miles for cultural outings, and nearby neighborhood routes for daily walks and runs.
**17 Laurel Trail** is a **3-bedroom, 2.5-bathroom** cottage-style home built in **1990** with **1,676 SF** of living space on a **0.91-acre** wooded lot in Asheville's **Cedarwood Estates** neighborhood. The property features Anderson windows, a gas log fireplace, and offers stunning long-range mountain views. ([compass.com](https://www.compass.com/homedetails/17-Laurel-Trail-Asheville-NC-28803/Y0EVS_pid/?utm_source=openai))
The home is in **fair condition**, retaining original carpets and flooring, presenting an excellent opportunity for customization and modern upgrades. A **new HVAC system** is scheduled for installation on **March 2-3, 2026**, addressing a significant capital expenditure item. ([lovethegreen.org](https://www.lovethegreen.org/listing/CAR4308423/17-laurel-trail-asheville-nc-28803/?utm_source=openai))
From a **valuation perspective**, comparable sales in Cedarwood Estates suggest a current fair market value of **$400,000–$450,000**, with a midpoint estimate of **$425,000** ($253/SF). The current assessed value of **$276,000** appears below market, which is common in rapidly appreciating neighborhoods. ([realtor.com](https://www.realtor.com/realestateandhomes-detail/17-Laurel-Trl_Asheville_NC_28803_M51189-32167?utm_source=openai))
**Cedarwood Estates** offers a serene, wooded environment with proximity to **AC Reynolds Middle and High Schools** (1.4 miles), the **Blue Ridge Parkway** (2 miles), and **downtown Asheville** (6 miles). The neighborhood's blend of privacy and accessibility makes it attractive to families and professionals alike. ([compass.com](https://www.compass.com/homedetails/17-Laurel-Trail-Asheville-NC-28803/Y0EVS_pid/?utm_source=openai))
Overall, this property represents a **solid value** in a desirable location with significant potential for value enhancement through renovations. The upcoming HVAC installation reduces near-term maintenance concerns. Key due diligence items include verifying the condition of the roof, plumbing, and electrical systems, and confirming any HOA restrictions related to renovations.
Cottage-style home in desirable Asheville neighborhood with mountain views and significant renovation potential. Upcoming HVAC installation and large lot size add value. Limited inventory and high demand suggest strong resale trajectory post-renovation.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$400K
Midpoint
$425K
High
$450K
$253/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for condition, lot size, and bedroom count. Assessed value of $276K appears below market.
As of 2026-03-03
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Steady population growth with increasing property values. Walkability Rating estimate: 20/100.
Proximity to schools, Blue Ridge Parkway, and downtown Asheville offers a blend of suburban tranquility and urban convenience.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$313/SF
Arm's length transaction
$255/SF
Post-recession purchase
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