CompCasa Property Analysis · townhome

321 Lagoon Rd

New DR Horton End-Unit Townhome — 3BR/2.5BA with Loft & Garage

Contemporary end-unit townhome, low-maintenance living near Asheville

3 beds2.5 baths1,774 sq ftBuilt 20260.03 acresAttached 1-car garage (approx 226 sqft)
CompCasa valuation analysis
Estimated market value
$355,000
Low $338,000 · Midpoint $355,000 · High $372,000
Confidence66%Sales comparison approach
CompCasa estimate$355,000Mar 11, 2026
$338,000$355,000 midpoint$372,000
Price / sq ft$199
Avg days on market25 days
1-year appreciation250.0%
5-year appreciation1800.0%

Estimate anchored to current list price ($352,920) and typical market variance for new-construction townhomes near Asheville. Adjusted for end-unit premium, size (1,774 SF) and local demand. No live comparable sales search performed — verify with broker appraisal.

About the property

New DR Horton End-Unit Townhome — 3BR/2.5BA with Loft & Garage

This end-unit townhome from DR Horton delivers modern, low-maintenance living with thoughtful flow and contemporary finishes. At approximately 1,774 square feet, the home offers a flexible layout: the main floor features an open living, dining and kitchen with an island and pantry — perfect for everyday life and entertaining. The kitchen is equipped with stainless steel appliances, a tile backsplash and durable finishes. Upstairs you'll find three bedrooms, a full bath, a primary suite, and a versatile loft area that can serve as a home office, media room or play space.

As a 2026-built end unit, this home benefits from extra windows and privacy on one side plus an attached one-car garage and driveway for additional parking. Systems are current — central air and heat pump heating keep running costs efficient while city water and public sewer simplify utility delivery. The HOA is required for this community; dues and covenants should be confirmed with the listing agent.

Located in Fletcher, this home gives quick access to the Asheville metropolitan area and regional outdoor assets. Commuters will appreciate proximity to I-26 and nearby employment centers, while weekend plans can include drives to the Blue Ridge Parkway, Pisgah National Forest trailheads, and downtown Asheville’s shops and dining. The property is ideal for first-time buyers seeking new construction without the typical maintenance burden, or investors targeting a stable long-term rental in a desirable mountain-suburb corridor.

This property is being offered by the builder and is move-in ready with modern finishes. Self-guided tour available — contact the listing agent for HOA details, finish selections and to schedule a private walkthrough.

Property details

A 2026 contemporary townhouse on 0.03 acres.

Building

Year built2026
ConstructionWood Frame (Typical New Construction Townhouse)
HeatingElectric / Heat Pump
CoolingCentral Air (Electric)

Site & utilities

Lot size0.03 acres
GarageAttached 1-car garage (approx 226 sqft)
Stories2
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesEnd-unit townhome by DR Horton; open floorplan, island kitchen, pantry, loft area. New construction; finishes may be subject to change.
Lot area1,306 sq ft
TopographyLevel
ParkingAttached Garage And Driveway
Parking spaces2
Parking notesAttached 1-car garage (~226 sqft) plus driveway parking
AccessSuburban street access; typical neighborhood street access to local arterials
WaterCity
SewerPublic Sewer
ElectricUnderground Utilities / Electric Service (Typical New Construction)
Location & nearby

Fletcher / New-construction residential pocket

Researched nearby locations

Downtown Asheville (approx 10-12 mi)
Hendersonville (approx 8-10 mi)

Location

321 Lagoon Rd, Fletcher, NC 28732

View in Google Maps
Editorial neighborhood context

Fletcher is a fast-growing suburban node just south of Asheville, offering a quieter residential alternative with convenient access to regional highways and mountain recreation. The area features a mix of new subdivisions, townhome communities, and local commercial strips. Residents value the proximity to the Blue Ridge Parkway, local parks, and the broader amenities of the Asheville metropolitan area without the downtown congestion.

Nearby access summary

Excellent regional outdoor access — short drives to Blue Ridge Parkway, Pisgah National Forest and local greenways for hiking, cycling and river access.

ElementaryFletcher Elementary School (Henderson County) - estimate rating 6/10 (verify)
Middle schoolFletcher Middle School (Henderson County) - estimate rating 6/10 (verify)
High schoolA.C. Reynolds / West Henderson or another nearby Henderson County high school - estimate rating 6-7/10 (verify school assignment)
School districtHenderson County Schools
Market context

A factual market snapshot around 321 Lagoon Rd.

Avg days on market25 days
1-year appreciation250.0%
5-year appreciation1800.0%
Editorial market perspective

Fletcher sits in the southwestern fringe of the Asheville MSA and continues to attract buyers priced out of core Asheville but seeking a short commute and mountain lifestyle. As of early 2026 the local market favors well-priced, new-construction and entry-level inventory; these units typically sell briskly when priced near market. Median sale prices across the Asheville MSA have moderated from pandemic highs but remain above long-term averages, creating continued demand for affordable, low-maintenance options like this townhome. Expect interest from first-time homebuyers, young families, and investors. Pay attention to HOA cost structure and school assignment when assessing total housing cost; these items materially affect affordability and rental prospects.

Zoning & land use

Residential townhouse / multifamily subdivision zoning typical for attached housing

Zoning

DescriptionResidential townhouse / multifamily subdivision zoning typical for attached housing
JurisdictionHenderson County / Town of Fletcher (verify)
Current useResidential
SetbacksSetbacks and lot coverage governed by local zoning and HOA covenants — verify with county and HOA

Research-indicated uses

  • Single Family Attached (Townhouse)
  • Accessory Structures Per HOA And Local Zoning
  • Residential Uses Consistent With Planned Community
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.
Research findings & due diligence

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

Key findings

  • Listing price: $352,920 (provided by MLS / Redfin)
  • Size: 1,774 SF; Price/SF reported $199
  • Lot: ~1,306 SF (0.03 ac); townhouse/end-unit
  • Garage: 1-car attached (~226 SF) plus driveway
  • Utilities: City water, public sewer, underground utilities
  • HOA: mandatory; dues amount not listed — confirm prior to contract
  • Builder: DR Horton — buyer protections and warranties likely available
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2.5 bathrooms plus loft
  • Open floorplan with island and pantry
  • Stainless steel appliances (electric oven, microwave, dishwasher)
  • Tile backsplash and mixed tile/vinyl/carpet flooring
  • Upper level laundry room
  • Modern mechanicals: heat pump and central AC

Exterior & Lot

  • End-unit townhouse with extra windows and side exposure
  • Attached 1-car garage (~226 sqft) + driveway parking
  • Low-maintenance small lot (approx 1,306 sqft / 0.03 ac)
  • Underground utilities; city water and public sewer

Location & Neighborhood

  • Located in Fletcher, NC — quick access to I-26
  • Short drive to downtown Asheville (approx 10–12 miles)
  • Built by DR Horton in a new development
  • HOA-governed community — confirm dues and covenants

Walkability & Recreation

  • Walkability Rating: 40/100
  • Nearby outdoor access: Blue Ridge Parkway and regional trails within short drive
  • Local shopping and services along Hendersonville Road and surrounding corridors
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin (scraped)View source
2
Canopy MLS listing
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.