CompCasa Property Analysis · single_family

38 Acona Lane

Energy‑Efficient 4BR/4BA New Build with Finished Walk‑Out Suite

2024 green-built home in Wanoca Cottages — ~1 mile to Biltmore Village

4 beds4 baths2,679 sq ftBuilt 20240.12 acresnone
CompCasa valuation analysis
Estimated market value
$900,000
Low $860,000 · Midpoint $900,000 · High $940,000
Confidence88%Sales comparison approach
Assessed value$662,3002025 assessment
CompCasa estimate$900,0002026-03-05T02:22:30Z
$860,000$900,000 midpoint$940,000
Price / sq ft$335.79

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.

About the property

Energy‑Efficient 4BR/4BA New Build with Finished Walk‑Out Suite

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.

Property details

A 2024 contemporary on 0.12 acres.

Building

Year built2024
ConstructionCedar Shake / Fiber Cement / Stucco With Metal Roof (Per MLS Materials List)
RoofMetal
Heatingheat pump / ductless (ENERGY STAR qualified equipment listed)
Coolingcentral AC and ductless zones

Site & utilities

Lot size0.12 acres
Garagenone
Stories2
ConditionExcellent (New Construction/Like New)
BasementFinished Walkout
FireplaceYes
Improvement notesEnergy‑Star / green‑built home in Wanoca Cottages with finished walk‑out lower level/guest suite (ADU-capable lower level), open plan kitchen, covered deck, EV charging, high-efficiency heat pump and ductless systems; HOA-maintained pocket community with planned dog park. Source: Canopy MLS listings.
Lot area5,227 sq ft
TopographyLevel
FrontageResidential cul-de-sac frontage in Wanoca Cottages (no-thru street).
ParkingDriveway
Parking spaces2
Parking notes2 open parking spaces; listing notes electric vehicle charging station available.
AccessStandard residential driveway from Acona Lane; property in a small 15-home enclave (Wanoca Cottages).
WaterCity
SewerPublic Sewer
ElectricDuke Energy (Typical Provider In Area Utility Name Not Listed On MLS For This Property)
GasNatural Gas (Tankless Water Heater Listed)
Location & nearby

Oakley (Wanoca Cottages enclave)

Researched nearby locations

Biltmore Village (approx. 1.0 mile — MLS neighborhood descriptions note ~1 mile)
Downtown Asheville (approx. 7 min drive / ~2.5 miles per neighborhood marketing)
Oakley Library / Oakley neighborhood amenities (walking distance)
A.C. Reynolds High / Middle School cluster (~2.9–3.0 miles per school data on MLS)
French Broad River corridor and greenways (within a short drive to downtown greenway access)

Location

38 Acona Lane, Asheville, NC 28803

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryOakley Elementary (GreatSchools rating shown on MLS/Zillow pages — 2/10 on GreatSchools per Zillow listing)
Middle schoolA. C. Reynolds Middle (listed in MLS school fields)
High schoolA. C. Reynolds High
School districtBuncombe County / Asheville City Schools (per MLS fields)
Market context

A factual market snapshot around 38 Acona Lane.

Editorial market perspective

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.

Zoning & land use

Residential Single-Family High Density (RS-8) per City of Asheville zoning classification references and multiple listing records.

Zoning

Zoning codeRS8
DescriptionResidential Single-Family High Density (RS-8) per City of Asheville zoning classification references and multiple listing records.
JurisdictionCity of Asheville
Assessor useSingle Family Residential (per MLS public records)
Current useResidential

Research-indicated uses

  • Single Family Residential
  • Typical RS 8 Uses Per UDO (Subject To City Of Asheville UDO/Permit Review)
  • Accessory Dwelling Units / Duplex Like Lower Level Suites (Subject To UDO And Local Regulations)
  • Home Occupation (Subject To UDO)
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

Total assessed$662,300
Assessment year2025
Annual property tax$6,869
Tax year2025
Research findings & due diligence

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

Key findings

  • Canopy MLS / listing feeds show parcel APN 9657-29-2207-00000 and RS-8 zoning in listing public fields.
  • MLS/third‑party public records show a closed sale on 2025-04-10 for $939,675 and subsequent listing activity in late 2025/early 2026.
  • Assessed value in 2025 (public listing tax summary) recorded at $662,300 with property tax ~$6,869 (public MLS tax history snapshots).
  • Wanoca Cottages is a 15‑home enclave in Oakley with HOA fee ~$400/year and community features (dog park, sidewalks) — repeated in MLS remarks.
  • Nearby schools listed in MLS: Oakley Elementary, A.C. Reynolds Middle and High.

Still worth verifying

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

  • Confirm owner of record via Buncombe County Register of Deeds / tax parcel lookup
  • Obtain HOA covenants and confirm short‑term rental and ADU restrictions
  • Verify final 2025 assessed and taxable value with Buncombe County records
  • On‑site inspection (roof, mechanicals, lower‑level separation and soundproofing between units)
  • Title search and confirm any easements or deed restrictions impacting ADU/STR use
Highlights & features

What stands out about this property.

Interior Features

  • 2,679 total SF — 1,885 SF above grade + 794 SF finished walk‑out lower level (guest/ADU capable)
  • 4 bedrooms, 4 full bathrooms
  • Finished lower‑level suite with separate entry
  • Heat‑pump / ductless zone heating and cooling (Energy‑Star qualified)
  • Tankless water heater
  • Fireplace
  • Open plan living above grade

Exterior & Lot

  • 0.12‑acre level lot on Acona Lane cul‑de‑sac
  • Cedar shake, fiber cement and stucco exterior with metal roofing
  • Covered deck with seasonal mountain views
  • EV charging provision
  • Front‑porch oriented community with sidewalks
  • HOA maintenance and planned dog park (Wanoca Cottages)

Location & Neighborhood

  • Wanoca Cottages enclave in Oakley
  • Approximately 1.0 mile to Biltmore Village
  • Short (≈7‑minute) drive to downtown Asheville
  • Close to Oakley neighborhood amenities, breweries and restaurants
  • RS‑8 zoning; mixed new‑construction and renovated homes nearby
  • HOA fee approx. $400/year

Walkability & Recreation

  • Walkability Rating: 78/100 — Some errands on foot (very walkable pocket to Biltmore Village)
  • Nearby parks and green spaces within a short drive
  • Hiking and biking trails within a short drive (French Broad greenway access nearby)
  • Running/walking paths and community sidewalks
  • Community dog park planned in Wanoca Cottages
  • Easy access to dining and retail in Biltmore Village
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Zillow listing page for 38 Acona Ln — includes MLS details, parcel number, tax history, interior area, lot size, price history and rent Zestimate.View source
2
Compass/MLS copy for 38 Acona Lane — listing remarks, sale history (closed 4/10/2025), parcel info and property details.View source
3
Trulia entry for 56 Acona Ln — used to verify a higher‑end Wanoca sale (May 26, 2023 sale reported ~ $1,000,000).View source
4
Redfin page for 7 Acona Ln — sale record (sold Jul 7, 2025 $625,000) used as a neighborhood comp.View source
5
Redfin page for 50 Wanoca Ave — nearby Oakley sale (sold Jul 17, 2025 $490,000) used as comp.View source
6
Homes.com listing summary for 38 Acona Ln — corroborates parcel/APN, tax assessment history and interior details.View source
7
Buncombe County Assessment Property Record Search (public county GIS/assessment portal reference) — used to identify county assessor data source and confirm assessment lookup location.View source
8
Wanoca Cottages neighborhood summary and listing aggregation — used to confirm enclave details and other Wanoca listings.View source
9
Zumper rental market pages for Oakley — used to estimate 4‑bed rental market medians in Oakley for income approach context.View source
10
Realtor.com listing page for 38 Acona Ln — corroborating price history and listing status details.View source
11
Trulia / Redfin pages for other Acona/Wanoca properties used as neighborhood comps and context.View source
12
Buncombe County GIS general page — reference for county parcel/GIS resources and public assessor portal.View source
Important: This analysis is AI-assisted and based on public MLS listings, third‑party aggregator pages, and county GIS pointers. It is not a formal appraisal. Verify all critical facts (owner, deed restrictions, tax records, and building permits) using primary county records and licensed professionals before making purchase or investment decisions.