$900,000
4 Bed · 4 Bath · 2,679 Sq Ft
2024 green-built home in Wanoca Cottages — ~1 mile to Biltmore Village
4
Beds
4
Baths
2,679
Sq Ft
2024
Built
0.12 acres
Lot
none
Garage
This contemporary, Energy‑Star certified home sits on a level lot at the end of Acona Lane inside the small Wanoca Cottages enclave — a short stroll toward Oakley and roughly one mile from Biltmore Village. Built in 2024, the house delivers 2,679 square feet of thoughtfully finished living space (1,885 SF above grade + a 794 SF finished walk‑out lower level) and a palette of durable exterior materials: cedar shake, fiber cement, stucco and a metal roof that reads modern while aging gracefully.
Step inside and the home reads as a modern, livable package. An open plan above grade accommodates daily life and entertaining while defined private rooms and four full baths keep family routines efficient. The finished walk‑out lower level is configured as a guest suite / potential ADU with its own entry — a flexible asset for multigenerational living or supplemental rental income (confirm HOA and local regulations). Mechanical systems emphasize efficiency: high‑efficiency heat pump/ductless zones, tankless water heating, and an EV charging provision for electric vehicles.
Outdoor living extends from a covered deck that captures seasonal mountain views and expands the entertaining footprint. The lot fronts a quiet cul‑de‑sac, benefits from community sidewalks and the Wanoca front‑porch orientation, and carries the practical advantages of new construction — a modern building envelope and low near‑term capital needs. HOA dues are modest (approximately $400/year) and the community plan includes a dog park and pocket features that attract buyers who want a compact, walkable neighborhood with low upkeep.
Location is a defining advantage: Biltmore Village is approximately one mile away for restaurants, shops and services, and downtown Asheville is a short drive (around 7 minutes) across the French Broad corridor. For buyers seeking turnkey, energy‑efficient construction with flexible rental/guest options, 38 Acona Lane presents an uncommon combination of new‑build quality, proximity to key Asheville anchors and a finished lower suite that broadens its possible uses. Verify HOA/ADU restrictions and Buncombe County deed records as part of due diligence.
Oakley’s Wanoca Cottages is a compact, front‑porch focused enclave that appeals to buyers seeking proximity to Biltmore Village and quick access to downtown Asheville. The neighborhood blends recent new construction with renovated older homes, and community features include sidewalks and a planned dog park. Local life revolves around nearby breweries, restaurants and the French Broad River corridor; the enclave’s short drives to greenways and city amenities make it attractive for active families, commuters and buyers who prioritize walkability and low‑maintenance living.
Wanoca Cottages and the broader Oakley pocket have exhibited strong demand for new, energy‑efficient homes and limited new‑construction inventory. Recent neighborhood transactions run a wide range — from renovated older stock in the $490K range to top‑tier new builds approaching or exceeding $900K–$1M — reflecting strong premiums for size, finish level and green building features. This product type (new single‑family homes with finished lower suites) is currently favorably positioned: buyers actively pay for turnkey, low‑maintenance properties close to Biltmore Village and downtown Asheville. Rental markets nearby show a premium for high‑quality units as well (local 4‑bed medians ~$3,200–$3,500; a Zillow Rent Zestimate for the subject indicates ~$4,367/mo), supporting optional investor cases if HOA/deed restrictions permit. Inventory for similarly specified new homes remains constrained, which benefits sellers, though prospective buyers should verify recent local inventory and mortgage rate impacts as part of timing decisions. In short, today’s market rewards move‑in ready, efficient construction in walkable pockets — this property sits at the upper end of that demand curve and should attract both owner‑occupant and investor interest with quick, well‑priced offers.
Oakley Elementary
Elementary
A. C. Reynolds Middle
Middle · 3.0 mi
A. C. Reynolds High
High · 3.0 mi
Excellent access to city greenways and the French Broad River corridor for biking and walking, with Biltmore Village amenities and foothill trailheads a short drive away.
High‑quality, energy‑efficient new construction in Wanoca Cottages with a finished lower suite provides both strong owner‑occupant appeal and optional rental upside. Proximity to Biltmore Village and downtown supports valuation premiums; limited new supply increases resale upside.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$860K
Midpoint
$900K
High
$940K
$335.79/SF estimated price per square foot
Primary valuation by sales-comparison to recent Wanoca Cottages and Oakley sales and current Canopy MLS listing activity; adjusted for new-construction quality, energy-efficient features, ADU/lower-suite, and proximity to Biltmore Village (premium). Income and cost approaches considered but given lower weight for single-family/new-construction product.
As of 2026-03-05T02:22:30Z
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Oakley / 28803 has seen active new-construction and infill development; Wanoca Cottages is a recent pocket community attracting buyers seeking walkable access to Biltmore Village and downtown. Local market has shown strong price recovery and new-construction premiums in 2023–2025.
Property sits in the Wanoca Cottages enclave in the Oakley neighborhood — described repeatedly in listings as approximately 1 mile to Biltmore Village and a short (7-minute) drive to downtown Asheville. Community features include planned dog park, sidewalks and front-porch orientation; area offers breweries, restaurants and proximity to Blue Ridge foothills.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$353/SF
MLS/public listing records show a closed sale on April 10, 2025 for $939,675 (Canopy MLS / listing sources).
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