5 Terrace Ct, Asheville, NC, 28804
About This Home
Move right into this BEAUTIFULLY UPDATED townhome in one of North Asheville/Woodfin’s most convenient, LOW-MAINTENANCE communities! Located at 5 Terrace Court, this 3BR/3.5BA home truly stands out with MAJOR UPDATES throughout both the main and lower levels, plus FRESH PAINT throughout. With our Preferred Lender, buyers only need 1% DOWN! Reach out for details! Designed for comfortable everyday living and easy entertaining or part time living with easy DROP-IN APPEAL and LOW MAINTENANCE, the open floor plan offers ABUNDANT NATURAL LIGHT, spacious living areas, and flexibility to suit your lifestyle. Updated finishes create a clean, modern feel while maintaining warmth and charm. Upstairs features three bedrooms, including a PRIMARY SUITE with en suite bath, plus an additional full bath. The lower level provides EXCEPTIONAL ADDITIONAL SPACE—ideal for guests, a HOME OFFICE, workout area, or media room. Enjoy easy, LOW-MAINTENANCE living just minutes to DOWNTOWN ASHEVILLE, UNCA, shopping, dining, Pennycup Coffee, breweries, and outdoor adventures. Near the river and hiking and parks, yet ELEVATED and capturing more LIGHT AND VIEWS! Homes in this community are loved for their FUNCTIONAL LAYOUTS and PRIME LOCATION—but this one shines with its EXTENSIVE UPDATES and true MOVE-IN-READY condition. Whether you're looking for a PRIMARY RESIDENCE, LOCK-AND-LEAVE convenience, or an INVESTMENT OPPORTUNITY, 5 Terrace Court offers UPDATED COMFORT in an UNBEATABLE LOCATION!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Construction materials: Stone Veneer,Vinyl
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Range,Exhaust Fan,Microwave,Oven,Refrigerator,Washer/Dryer
- Laundry features: Utility Room,Main Level
Basement
- Basement: Partially Finished,Walk-Out Access,Walk-Up Access,Other
Bathroom Full
- Level: Third
Bathroom Full
- Level: Third
Bathroom Full
- Features: Walk-In Closet(s)
- Level: Basement
Bathroom Half
- Level: Main
Bedroom S
- Level: Third
Bedroom S
- Level: Third
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Pantry,Storage,Walk-In Closet(s)
- Door features: Screen Door(s),Sliding Doors,Storm Door(s)
- Flooring: Vinyl
- Finished area below ground: 348
- Finished area above ground: 1,164
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 1,164
- Total interior livable area: 1,512 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Features: Storage,Walk-In Closet(s)
- Level: Third
Property
Details
- Parcel number: 973052794100000
- Zoning: R-7
- Special condition: Standard
- Horse amenities: None
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Lower
- Patio & porch: Covered,Deck,Front Porch
- Has view: Yes
- View description: City,Mountain(s),Winter
Lot
- Lot size: 0.06 Acres
Parking
- Total spaces: 1
- Parking features: Driveway,Attached Garage,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,698 | $20,376 |
| Home Insurance * | $98 | $1,176 |
| Property Taxes | $137 | $1,644 |
| Electricity | $200 | $2,405 |
| Total | $2,133 | $25,596 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Pending sale | $339,599 |
| 2026-08-05 | Price change | $339,599 |
| 2026-07-29 | Price change | $335,900 |
| 2026-07-11 | Price change | $339,000 |
| 2026-07-08 | Price change | $342,900 |
| 2026-06-19 | Price change | $344,900 |
| 2026-06-08 | Price change | $349,000 |
| 2026-05-22 | Price change | $350,000 |
| 2026-05-16 | Listed for sale | $359,000 |
| 2010-05-05 | Sold | $145,000 |
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