**Investor Alert: 5.42 Acres Zoned R-2** This prime property is ready for development and access to city water, sewer, and natural gas. Its location, just 5 minutes from Biltmore Park and 10 minutes from Asheville Airport, makes it ideal for residential opportunities. Additionally, it's only 10 minutes from downtown Asheville, rich in arts and culture. The land includes a 3-stall barn suitable for animal care and storage, making it perfect for a mini-farm. With endless potential for residential, recreational, or agricultural projects, this property is a valuable investment opportunity. With its unique combination of location, amenities, and potential uses, this property represents a valuable investment opportunity that should not be overlooked. The possibilities are boundless, waiting
for creative visionaries to bring their dreams to fruition. Whether you are looking to build custom homes, establish a mini-farm, this property is poised to meet your goals.
Closed
$1,300,000
220 Ledbetter Rd, Arden, NC 28704
2beds
2,375sqft
Single Family Residence
Built in 1974
5.42 Acres Lot
$1,231,300 Zestimate®
$547/sqft
$2,530 Estimated rent
Home value
$1,231,300
$1.16M - $1.31M
$2,530/mo
Zestimate® history
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$7,615/mo
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Zillow last checked:
Listing updated:
Listed by:
Chris Morgan chris.morgan@allentate.com,
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Bought with:
Caleb Phillips
Lusso Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4172390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Basement
Den
- Level: Main
Dining area
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
- Laundry: Mud Room
Features
- Breakfast Bar, Open Floorplan, Pantry
- Basement: Partially Finished,Walk-Out Access
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,339
- Total interior livable area: 2,375 sqft
- Finished area above ground: 1,339
- Finished area below ground: 1,036
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Porch, Rear Porch
- Exterior features: Storage
- Waterfront features: None
Lot
- Size: 5.42 Acres
- Features: Cleared, Green Area, Level, Pasture, Private, Wooded
Details
- Additional structures: Barn(s), Hay Storage, Outbuilding
- Parcel number: 963492416800000
- Zoning: R-2
- Special conditions: Standard
- Horse amenities: Barn, Hay Storage, Pasture, Tack Room
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Permanent
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Wired Internet Available
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Arden
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $401,700
- Annual tax amount: $2,589
- Date on market: 8/14/2024
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $1,300,000-23.5%$547/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4172390 Report a problem | ||
| 8/14/2024 | Listed for sale | $1,700,000$716/sqft |
Source: Canopy MLS as distributed by MLS GRID #4172390 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,589 +4.7% | $401,700 |
| 2024 | $2,473 +3.3% | $401,700 |
| 2023 | $2,394 +1.7% | $401,700 |
| 2022 | $2,354 | $401,700 |
| 2021 | $2,354 +9.5% | $401,700 +17.7% |
| 2020 | $2,150 | $341,200 |
| 2019 | $2,150 | $341,200 |
| 2018 | $2,150 | $341,200 +25.4% |
| 2017 | $2,150 | $272,000 |
| 2016 | $2,150 +13.7% | $272,000 |
| 2015 | $1,890 | $272,000 |
| 2014 | $1,890 | $272,000 |
| 2013 | -- | $272,000 +1.3% |
| 2012 | -- | $268,500 |
| 2011 | -- | $268,500 |
| 2010 | -- | $268,500 +1.2% |
| 2009 | -- | $265,400 +57.8% |
| 2002 | -- | $168,200 +39.4% |
| 2001 | -- | $120,700 |
| 2000 | -- | $120,700 |
Find assessor info on the county website
Neighborhood: 28704
Nearby homes
- $437,4002 bd2 ba1.1k sqft104 Coralroot Ln LOT 29, Arden, NC 28704Sold
- $456,0002 bd2 ba1.1k sqft20 Heartleaf Cir LOT 7, Arden, NC 28704Sold
- $34,8004.76 Acres221 Ledbetter Rd, Arden, NC 28704Off Market
- $450,0002 bd3 ba1.4k sqft105 Coralroot Ln #18, Arden, NC 28704Sold
- $335,0002 bd2 ba1.1k sqft108 Coralroot Ln, Arden, NC 28704Sold
- $602,0003 bd3 ba1.7k sqft107 Coralroot Ln #17, Arden, NC 28704Sold
- $459,0002 bd2 ba1.2k sqft8 Heartleaf Cir, Arden, NC 28704New Construction
- $449,0003 bd2 ba1.4k sqft110 Coralroot Ln, Arden, NC 28704For Sale
Nearby schools
GreatSchools rating
- 7/10Avery's Creek ElementaryGrades: PK-4Distance: 1.4 mi
- 9/10Valley Springs MiddleGrades: 5-8Distance: 1.9 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Avery's Creek/Koontz
- Middle: Valley Springs
- High: T.C. Roberson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,231,300
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Estimated market value
$1,231,300
- North Carolina
- Buncombe County
- Arden
- 28704
- 220 Ledbetter Rd
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