17
Map
$445,000
↓ $5K (1.1%)
●
House -
For Sale
121 Oak Terrace
Arden, NC 28704
4 Beds
4 Baths
1,785 Ft²
$2,186
Est. Monthly
About This Property
Mountain-modern retreat in the heart of Arden! This home is the
perfect blend of style, comfort, and convenience. This spacious
4-bedroom, 3-bath home features an open-concept layout with
abundant natural light, updated finishes, and multiple gathering
spaces great for entertaining or relaxing after a day exploring
Western North Carolina.
The thoughtfully designed interior includes a modern kitchen, generous dining area, comfortable living spaces, and turnkey furnishings throughout. Outdoors, enjoy private seating areas surrounded by a peaceful mountain setting while remaining just minutes from Asheville, the airport, hiking, breweries, shopping, and local wedding venues.
Currently operating as a successful STR, this property provides excellent flexibility as a primary residence, second home, or investment opportunity. Strong guest appeal with spacious accommodations, pet-friendly setup, and desirable location close to everything in the Asheville area.
This property is being sold furnished.
The thoughtfully designed interior includes a modern kitchen, generous dining area, comfortable living spaces, and turnkey furnishings throughout. Outdoors, enjoy private seating areas surrounded by a peaceful mountain setting while remaining just minutes from Asheville, the airport, hiking, breweries, shopping, and local wedding venues.
Currently operating as a successful STR, this property provides excellent flexibility as a primary residence, second home, or investment opportunity. Strong guest appeal with spacious accommodations, pet-friendly setup, and desirable location close to everything in the Asheville area.
This property is being sold furnished.
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
Listed By
Craig Tribus
Beycome Brokerage Realty LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 23 days ago (CANOPYMLS #CAR4383142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$445,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$464,800
↓ $100
(0%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$464,900
↓ $3K
(0.7%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Beycome Brokerage Realty LLC | $468,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 4
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer/Dryer
Laundry Features: Inside
Has Fireplace
Fireplace Features: Gas
Basement: Finished, Unfinished
Exterior Details
Square Footage: 1785
Year Built: 1994
Waterfront Features: None
Levels: One
Construction Materials: Wood Siding
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Water Source: Public
Financial Details
Tax Assessed Value: $2,045
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Royal Pines
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Listed by: Craig Tribus, Beycome Brokerage Realty LLC
Last Updated: 23 days ago
Data Source: CANOPYMLS, MLS# CAR4383142
Last Updated: 23 days ago
Data Source: CANOPYMLS, MLS# CAR4383142
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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