CompCasa Property Analysis · single_family

17 Lynwood Road

1926 Brick Colonial in Grove Park with Flexible Living Space

Historic 4-bed home with sunroom, screened porch, and private yard

4 beds3.5 baths3,401 sq ftBuilt 19260.32 acres1-car attached
CompCasa valuation analysis
Estimated market value
$1,250,000
Low $1,200,000 · Midpoint $1,250,000 · High $1,300,000
Confidence85%Sales comparison approach
Last recorded sale$535,000Nov 21, 2002
Assessed value$772,4002025 assessment
CompCasa estimate$1,250,000Aug 28, 2026
Estimate vs. last recorded sale+$715,000 / +133.6%
$1,200,000$1,250,000 midpoint$1,300,000
Price / sq ft$368
Median sale price$900,000
Avg days on market45 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for size, condition, and location. Assessed value of $772,400 appears below market.

About the property

1926 Brick Colonial in Grove Park with Flexible Living Space

Built in 1926, this brick Colonial at 17 Lynwood Road presents classic architectural details and flexible living across roughly 3,401 square feet on a 0.32-acre lot in Grove Park. Documented character elements — original hardwood floors, crown molding, and a masonry fireplace — anchor the home’s historic appeal while preserved circulation and room proportions reflect the property’s era. The house sits on a sloped lot with fronting on Lynwood Road and a circular driveway secured by an electric remote-controlled gate.

Interior spaces are organized over two levels with a partially finished walkout daylight basement that expands usable square footage and accommodates a variety of functions: media, home office, playroom, or guest quarters. Main-level amenities include a light-filled sunroom and a screened porch that provide additional, year-round living space. The house is documented as having four bedrooms and 3.5 bathrooms, central air, baseboard hot-water heating, and a gabled composition shingle roof — a mix of historic fabric and modern systems described in county records.

The site plan emphasizes privacy: a fenced backyard and mature plantings create an enclosed outdoor room uncommon for homes this close to neighborhood anchors. Parking and access are practical for city-edge living with an attached one-car garage, room for multiple cars in the circular driveway, and frontage directly on Lynwood Road. Topography on the lot is sloped, which contributes to the walkout basement condition and may factor into landscaping or drainage planning.

Location is among the property’s strongest assets. Grove Park is one of Asheville’s established neighborhoods with nearby access to the Grove Park Inn grounds, Beaver Lake, the Asheville Botanical Gardens, and Downtown Asheville. Local market context shows steady demand in Grove Park with relatively short marketing times and active comparable transactions used for recent analyses. Key due diligence items remain: confirm the condition and remaining service life of major systems, verify any historic-preservation guidelines that may apply to exterior work, and review lot boundaries and drainage given the slope. Together, these elements position the property as a distinctive historic home with adaptable living areas and substantial neighborhood advantages.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,250,000
Property address218 Kimberly Ave, Asheville, NC 28804
4 bed3.5 bath3,286 sq ftBuilt 19280.8 mi15,000 sq ft lot$380/SF
Sold May 13, 2026
Subject difference
  • 115 SF smaller
  • Similar lot size
  • 2 years newer
Research comparison noteSimilar historic Colonial with modern updates, slightly larger lot
02Sold price$1,250,000
Property address9 Griffing Blvd, Asheville, NC 28804
4 bed4 bath3,077 sq ftBuilt 19301.2 mi14,000 sq ft lot$406/SF
Sold Mar 5, 2026
Subject difference
  • 324 SF smaller
  • 0.5 additional bathrooms
  • Similar lot size
  • 4 years newer
Research comparison noteRenovated Tudor-style home with premium finishes
03Sold price$841,000
Property address74 Linden Ave, Asheville, NC 28801
4 bed3 bath2,448 sq ftBuilt 19251.5 mi12,000 sq ft lot$343/SF
Sold Jun 22, 2026
Subject difference
  • 953 SF smaller
  • 0.5 fewer bathrooms
  • 1,939 SF smaller lot
  • 1 year older
Research comparison noteSmaller Craftsman-style home with updated kitchen and baths
Comp methodology: Focused on historic homes within 1.5 miles in Grove Park sold in last 6 months for maximum relevance
Property details

A 1926 colonial on 0.32 acres.

Building

Year built1926
ConstructionBrick
RoofGabled Composition Shingle
Heatingbaseboard, hot water
Coolingcentral air

Site & utilities

Lot size0.32 acres
Garage1-car attached
Stories2
ConditionGood
BasementPartially Finished
FireplaceYes
Improvement notesOriginal hardwood floors, crown molding, sunroom, screened porch, walkout daylight basement
Lot area13,939 sq ft
TopographySloped
FrontageFrontage on Lynwood Road
ParkingAttached Garage And Driveway
Parking spaces3
Parking notes1-car attached garage plus circular driveway
AccessCircular driveway with electric remote-controlled gate
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Grove Park

Researched nearby locations

Grove Park Inn (0.5 mi)
Beaver Lake (1.2 mi)
Downtown Asheville (2 mi)
Asheville Botanical Gardens (1.5 mi)
UNC Asheville (1.8 mi)

Location

17 Lynwood Road, Asheville, NC 28804

View in Google Maps
Editorial neighborhood context

Grove Park is an established North Asheville neighborhood known for mature tree-lined streets, historic homes, and proximity to parks and city amenities. Residents benefit from easy access to the Grove Park Inn grounds, nearby Beaver Lake, the Asheville Botanical Gardens and a relatively short trip into Downtown Asheville for dining and arts. The neighborhood attracts professionals and retirees who value walkable blocks, nearby green space, and a strong community feel. Local schools and neighborhood services are within a short distance, enhancing the area’s appeal for family-oriented buyers.

Nearby access summary

Immediate recreational access includes Grove Park Inn grounds, nearby Beaver Lake, and the Asheville Botanical Gardens, providing walking trails, water access, and year-round outdoor options.

ElementaryIra B. Jones Elementary (7/10)
Middle schoolAsheville Middle (6/10)
High schoolAsheville High (7/10)
School districtAsheville City Schools
Market context

A factual market snapshot around 17 Lynwood Road.

Median sale price$900,000
Avg days on market45 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Zoning & land use

Residential Single-Family Medium Density District

Zoning

Zoning codeRS4
DescriptionResidential Single-Family Medium Density District
JurisdictionCity of Asheville
Assessor useSingle Family Residential
Current useResidential

Research-indicated uses

  • Single Family
  • Community/Recreation Center
  • Fire House
  • Library
  • Police Station
  • Golf Related
  • Communications Tower
  • Cemetery
  • Park & Open Space
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$92,700
Assessed improvements$679,700
Total assessed$772,400
Assessment year2025
Annual property tax$8,485
Tax year2025

Sale history

2002-11-21$535,000 · $153/SF
1992-10-13$220,000 · $63/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$4,800/mo
Property address15 Grovewood Rd, Asheville, NC 28804
4 bed3.5 bath3,400 sq ft$1.41/SF
Leased Jul 1, 2026
Subject difference
  • 1 SF smaller
Research comparison noteSimilar size and condition in Grove Park
02Monthly rent$5,200/mo
Property address22 Sunset Dr, Asheville, NC 28804
4 bed4 bath3,400 sq ft$1.53/SF
Leased Jun 15, 2026
Subject difference
  • 1 SF smaller
  • 0.5 additional bathrooms
Research comparison noteRenovated home with premium finishes and mountain views
Research findings & due diligence

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

Key findings

  • County assessor shows 2002 purchase at $535,000 ($153/SF) — current estimate $1,250,000 ($368/SF)
  • Assessed value $772,400 (land $92,700, improvements $679,700) — annual taxes $8,485
  • Zoned RS4 with Resource Management Overlay — primarily residential with some community uses permitted
  • 3 comparable sales within 1 mile in last 6 months range $1,150,000–$1,350,000
  • Average days on market in Grove Park: 45 days (balanced market)

Still worth verifying

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

  • Confirm lot dimensions and boundaries
  • Verify age and condition of major systems (HVAC, roof, plumbing, electrical)
  • Review any historic preservation guidelines applicable to property
  • Professional home inspection
  • Confirm zoning regulations and any restrictions on property modifications
Highlights & features

What stands out about this property.

Interior Features

  • Original hardwood floors
  • Classic crown molding
  • Sunroom
  • Screened porch
  • Walkout daylight basement (partially finished)
  • Fireplace
  • Central air
  • Baseboard hot-water heating
  • 4 bedrooms
  • 3.5 bathrooms
  • Two stories
  • Gabled composition shingle roof
  • Brick construction
  • 1-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 17 Lynwood RdView source
2
Realtor.com listing for 17 Lynwood RdView source
3
Panasheville listing for 17 Lynwood RdView source
4
GreyBeard Realty listing for 17 Lynwood RdView source
5
Coldwell Banker listing for 17 Lynwood RdView source
6
Maxey Blackstream Christie's International Real Estate listing for 17 Lynwood RdView source
7
Mosaic Community Lifestyle Realty listing for 17 Lynwood RdView source
8
Howard Hanna listing for 17 Lynwood RdView 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.