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4 Arbutus Rd, Asheville, NC, 28805

1beds
1baths
528sqft
$195,000
$369price/sqft
$1,397/moest. monthly cost
$55,880/yrincome needed

About This Home

Tucked away in the heart of East Asheville, this sweet cottage is full of charm and waiting for its next chapter. Just minutes from the Blue Ridge Parkway, downtown Asheville, local restaurants, and all the conveniences of East Asheville, you’ll love the location as much as the home. Inside you’ll find 1 cozy bedroom, 1 bath, and a surprisingly spacious laundry room with plenty of room to create a guest nook, home office, or creative space. Two dedicated parking spots make everyday living easy, and with a little love and vision, this cottage could truly shine. Whether you’re searching for your first home, a mountain getaway, or an investment opportunity, this little gem is full of possibilities. Come see it for yourself—you just might fall in love.

Getting Around

56
WalkingSomewhat Walkable
35
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

5/10
Charles C Bell ElementaryGrades PK-50.3 mi
8/10
A C Reynolds MiddleGrades 6-82.9 mi
8/10
A C Reynolds HighGrades PK,9-122.8 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Refrigerator
  • Laundry features: Main Level

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Carpet,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 528

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 528
  • Total interior livable area: 528 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 966816636900000
  • Zoning: RS8
  • Special condition: Subject to Lease

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch

Lot

  • Lot size: 0.06 Acres

Parking

  • Total spaces: 2
  • Parking features: Shared Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$52$624
Property Taxes $159$1,908
Electricity $200$2,405
Total$1,397$16,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,897/yr
40% on housing$41,910/yr
45% on housing$37,253/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$369This listing

vs Other Active Listings

Avg $/sqft

ZIP 28805$227
Buncombe County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28805$295
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$195,000
2026-07-23Price change$205,000
2026-07-15Price change$213,000
2026-07-09Listed for sale$227,000
2025-09-12Listing removed$1,200
2025-07-31Price change$1,200
2025-07-18Price change$1,250
2025-07-09Price change$1,295
2025-06-26Price change$1,350
2025-06-10Listed for rent$1,395
2009-09-09Sold$85,000
2008-06-13Sold$35,000
2008-06-10Listed for sale$39,900

For Sale by Agent

AgentJen Lowery
BrokeragePatton Allen Real Estate LLC

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