Property listing for 17 Laurel Trail, Asheville, NC 28803
For SaleSingle Family Home

$425,000

17 Laurel Trail, Asheville, NC 28803

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

3 Bed · 2.5 Bath · 1,676 Sq Ft

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

About 17 Laurel Trail

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.

Home Highlights

Renovation potential with original interior finishesNew HVAC installation scheduled March 2026 (verify completion)0.91-acre wooded lot with long-range mountain viewsAndersen windows and skylights for abundant natural light2-car attached garage and driveway turnaroundConvenient proximity to Blue Ridge Parkway and downtown Asheville

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

AC Reynolds High

High · 1.4 mi

7/10

AC Reynolds Middle

Middle · 1.4 mi

8/10

Oakley Elementary

Elementary

2/10

Walkability & Recreation

20
Walkability
80
Recreation

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.

Investment Highlights

  • New HVAC system scheduled for installation in March 2026
  • Cedarwood Estates — desirable neighborhood with appreciating property values
  • Stunning long-range mountain views from the property
  • Proximity to AC Reynolds Middle and High Schools (1.4 miles)
  • Large 0.91-acre wooded lot offering privacy and potential for outdoor enhancements

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)

Things to Consider

  • Built in 1990 — original carpets and flooring suggest need for updates
  • Upcoming HVAC installation — verify completion and warranty details
  • Oakley Elementary School rated 2/10 — may impact family buyer interest
  • Sloped lot may require additional considerations for landscaping or expansions

Opportunity Analysis

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.

Potential Use Scenarios

  • Potential primary residence with customization opportunities
  • Renovate and resell to capitalize on appreciating market
  • Convert to rental property targeting professionals seeking proximity to downtown Asheville

Risk Factors

  • Original interior finishes may require significant investment to modernize
  • Elementary school rating may deter some family buyers
  • Sloped lot may present challenges for certain landscaping or expansion projects

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

AI Valuation Estimate

Low

$400K

Midpoint

$425K

High

$450K

$253/SF estimated price per square foot

82% confidence

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.

Market & Area Data

Market Trends

Area Median Price$450,000
Avg Days on Market35 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)5,000
Median Income (1 mi)$75,000

Steady population growth with increasing property values. Walkability Rating estimate: 20/100.

Nearby Points of Interest

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

Proximity to schools, Blue Ridge Parkway, and downtown Asheville offers a blend of suburban tranquility and urban convenience.

School District

DistrictBuncombe County Schools
ElementaryOakley Elementary (2/10)
MiddleAC Reynolds Middle (8/10)
HighAC Reynolds High (7/10)

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

Property Details

Building Details

Year Built1990
Constructionwood frame
Stories2
Roofarchitectural shingle
Heatingpropane
Coolingelectric
Basementnone
FireplaceYes
Conditionfair

Lot & Site

Lot Size0.91 acres (39,639 SF)
Topographysloped
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageLocated at the end of Laurel Trail

Utilities

Watermunicipal
Sewerpublic
ElectricDuke Energy
Gaspropane

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle-Family Residential
JurisdictionCity of Asheville

Allowed Uses

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

Tax & Sale History

Tax Assessment

Total Assessed$276,000
Land$53,400
Improvements$222,600
Annual Tax (2025)$1,870

Sale History

2007-05-31$524,000

$313/SF

Arm's length transaction

2006-07-14$427,000

$255/SF

Post-recession purchase

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