CompCasa Property Analysis · single_family

17 Laurel Trail

Charming 3-Bed Cottage on 0.91‑Acre with Mountain Views

Wooded privacy near Blue Ridge Parkway and downtown Asheville

3 beds2.5 baths1,676 sq ftBuilt 19900.91 acres2-car attached
CompCasa valuation analysis
Estimated market value
$425,000
Low $400,000 · Midpoint $425,000 · High $450,000
Confidence82%Sales comparison approach
Last recorded sale$524,000May 31, 2007
Assessed value$276,0002025 assessment
CompCasa estimate$425,000Mar 3, 2026
Estimate vs. last recorded sale−$99,000 / −18.9%
$400,000$425,000 midpoint$450,000
Price / sq ft$253
Median sale price$450,000
Avg days on market35 days
Inventory2.5 months

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.

About the property

Charming 3-Bed Cottage on 0.91‑Acre with Mountain Views

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$517,000
Property address3 Angel Cir, Asheville, NC 28803
3 bed2.5 bath1,732 sq ftBuilt 19950.19 mi20,000 sq ft lot$298/SF
Sold Jun 16, 2025
Subject difference
  • 56 SF larger
  • 19,639 SF smaller lot
  • 5 years newer
Research comparison noteSimilar size and condition, slightly smaller lot
02Sold price$425,000
Property address9 Azalea Ter, Asheville, NC 28803
3 bed2.5 bath2,243 sq ftBuilt 19880.24 mi25,000 sq ft lot$189/SF
Sold Sep 4, 2025
Subject difference
  • 567 SF larger
  • 14,639 SF smaller lot
  • 2 years older
Research comparison noteLarger home, similar lot size, updated interior
03Sold price$615,000
Property address11 Cedar Summit Rd, Asheville, NC 28803
3 bed3 bath2,914 sq ftBuilt 19920.2 mi30,000 sq ft lot$211/SF
Sold Nov 26, 2024
Subject difference
  • 1,238 SF larger
  • 0.5 additional bathrooms
  • 9,639 SF smaller lot
  • 2 years newer
Research comparison noteLarger home and lot, fully renovated
Comp methodology: Focused on 3-bedroom homes within 0.5 miles in Cedarwood Estates sold in last 6 months for maximum relevance
Property details

A 1990 cottage on 0.91 acres.

Building

Year built1990
ConstructionWood Frame
RoofArchitectural Shingle
Heatingpropane
Coolingelectric

Site & utilities

Lot size0.91 acres
Garage2-car attached
Stories2
ConditionFair
BasementNone
FireplaceYes
Improvement notes3 bedrooms, 2.5 bathrooms, original carpets and flooring, Anderson windows, gas log fireplace, skylights
Lot area39,639 sq ft
TopographySloped
FrontageLocated at the end of Laurel Trail
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway with turnaround area
AccessStandard residential driveway from Laurel Trail
WaterMunicipal
SewerPublic
ElectricDuke Energy
GasPropane
Location & nearby

Cedarwood Estates

Researched nearby locations

AC Reynolds Middle School (1.4 mi)
AC Reynolds High School (1.4 mi)
Blue Ridge Parkway (2 mi)
Downtown Asheville (6 mi)

Location

17 Laurel Trail, Asheville, NC 28803

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryOakley Elementary (2/10)
Middle schoolAC Reynolds Middle (8/10)
High schoolAC Reynolds High (7/10)
School districtBuncombe County Schools
Market context

A factual market snapshot around 17 Laurel Trail.

Median sale price$450,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

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.

Zoning & land use

Single-Family Residential

Zoning

Zoning codeR-1
DescriptionSingle-Family Residential
JurisdictionCity of Asheville
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$53,400
Assessed improvements$222,600
Total assessed$276,000
Assessment year2025
Annual property tax$1,870
Tax year2025

Sale history

2007-05-31$524,000 · $313/SF
2006-07-14$427,000 · $255/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$3,000/mo
Property address28 Wentworth Ave, Asheville, NC 28803
3 bed2.5 bath1,584 sq ft$1.89/SF
Leased Jul 1, 2025
Subject difference
  • 92 SF smaller
Research comparison noteSimilar size and condition, closer to downtown
02Monthly rent$2,045/mo
Property address1100 Palisades Cir #400-106, Asheville, NC 28803
3 bed2 bath1,303 sq ft$1.57/SF
Leased Aug 15, 2025
Subject difference
  • 373 SF smaller
  • 0.5 fewer bathrooms
Research comparison noteSmaller unit, newer construction, community amenities
Research findings & due diligence

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

Key findings

  • County assessor shows 2007 purchase at $524,000 ($313/SF) — current estimate $425,000 ($253/SF)
  • Assessed value $276,000 (land $53,400, improvements $222,600) — annual taxes $1,870
  • Zoned R-1 — single-family residential with potential for accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $400K–$450K
  • Average days on market in Cedarwood Estates: 35 days (seller's market)

Still worth verifying

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

  • Confirm lot dimensions and boundaries
  • Verify completion and warranty details of upcoming HVAC installation
  • Assess condition of roof, plumbing, and electrical systems
  • Review HOA restrictions related to renovations
  • Professional home inspection
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • 1,676 square feet across two stories
  • Andersen windows throughout
  • Skylights that flood interiors with natural light
  • Gas-log fireplace in living area
  • Original carpets and flooring — excellent renovation potential
  • New HVAC scheduled for March 2–3, 2026 (verify completion/warranty)
  • Propane heating; electric cooling

Exterior & Lot

  • 0.91-acre wooded lot with sloped topography
  • Long-range mountain views
  • Located at the end of Laurel Trail — end-of-street privacy
  • 2-car attached garage plus driveway with turnaround area
  • Architectural shingle roof (as noted)
  • Plenty of outdoor space for landscaping or expansion

Location & Neighborhood

  • Cedarwood Estates neighborhood
  • AC Reynolds Middle & High Schools ~1.4 miles
  • Blue Ridge Parkway ~2 miles for hiking and scenic drives
  • Downtown Asheville ~6 miles
  • Buncombe County Schools district
  • Close to Charlotte Highway (primary corridor ~1.1 miles)

Walkability & Recreation

  • Walkability Rating: 20/100 — Car-Dependent
  • Blue Ridge Parkway access for hiking and scenic drives (2 miles)
  • Downtown Asheville within a short drive (6 miles) for dining and culture
  • Neighborhood feels wooded and tranquil — ideal for nature lovers
  • Running/walking routes and local streets for daily exercise
  • Hiking and outdoor recreation opportunities nearby
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Compass listing for 17 Laurel TrailView source
2
Realtor.com listing for 17 Laurel TrailView source
3
Zillow listing for 17 Laurel TrailView source
4
Trulia listing for 17 Laurel TrailView source
5
Homes.com listing for 17 Laurel TrailView 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.