$6,175 Closing Credit¹
Listing office: Town and Mountain Realty
$439,999 List price
5 Arbutus Rd Asheville, NC 28805
$5,225
Closing credit¹
2 beds
2 full
1,108 sqft
$397 / sqft
House
Property details
About 5 Arbutus Rd
Absolutely charming East Asheville Cottage with a separate lower-level apartment. Both units are beautifully equipped and are being sold completely furnished, making this a turn-key investment opportunity. Rent both or live in one and rent the other. Each unit has its own entrance, parking, private deck and outdoor space. The upper unit is spacious with vaulted ceilings and beautiful original wood flooring. Light-filled living area with easy access to the deck and yard. The well-equipped kitchen provides plenty of cabinet storage and workspace. The larger of the two bedrooms offers access to a private outdoor balcony. Laundry closet with stacked washer and dryer. The basement-level apartment is also a fully equipped rental (30 day minimum) with living room, full kitchen, bonus/ bedroom (no egress), and full-size washer and dryer. Super convenient East Asheville location close to shopping, the Blue Ridge Parkway, Nature Center, VA hospital and minutes to downtown Asheville.
Highlights
Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size1,108 sqft
BasementYes
Year built1945
ParkingParking Space(s)
MLS #4270691
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Tile, Vinyl, Wood
- Total Bedroom Count: 2
- Parking: Parking Space(s)
- Architectural Style: Cottage
- Heating: Wall Furnace
- Cooling: Ceiling Fan(s), Window Unit(s)
- List Price: $439,999
- Price/SqFt: $397
- Annual Tax Amount: $1,557
- Tax Year: 2024
- Directions: From Asheville take I-240 East to Exit 7 Tunnel Rd (70) then east. Right onto Swannanoa River Rd. Left onto Arbutus Rd. First house on right. There are two parking spots, one on either side of the house. Or from Asheville take I-240 to Exit 8. Right onto Fairview Rd. Right onto Swannanoa River Rd. Hard right onto Arbutus.
- Year Built: 1945
- Living Area: 1,108 SqFt
- MLS Number: 4270691
- Office Name: Mosaic Community Lifestyle Realty
- Office Email: carol@mymosaicrealty.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 10:36:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$439,999
5 Arbutus Rd
$5,225
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 22, 2006 | Home Sold | $30,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $168,000 | $1,557 |
| 2023 | $168,000 | $1,513 |
| 2022 | $168,000 | $1,496 |
| 2021 | $168,000 | $1,496 |
| 2020 | $166,800 | $1,597 |
| 2019 | $166,800 | $1,597 |
| 2017 | $166,800 | $1,614 |
History based on county public records data.
Nearby schools
5
Charles C. Bell Elementary School
Public District PK-5
0.4 mi
•90 Maple Springs Rd
5
Haw Creek Elementary School
Public District PK-5
1.0 mi
•10 Bethesda Rd
2
Oakley Elementary School
Public District PK-5
1.7 mi
•753 Fairview Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,595. The most common annual income of people living in Asheville, NC is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
31%
<35k
52%
35k-100k
17%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
7%
Single, with Kids
29%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Asheville, NC
Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.
The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.
Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.
Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.
About 5 Arbutus Rd
The listing price of 5 Arbutus Rd property is $439,999.
The property 5 Arbutus Rd is a house located in Asheville, North Carolina, 28805.
Active Listing: 5 Arbutus Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5 Arbutus Rd are: Charles C. Bell Elementary School (GreatSchools Rating 5/10), Haw Creek Elementary School (GreatSchools Rating 5/10), Oakley Elementary School (GreatSchools Rating 2/10), Evergreen Community Charter (GreatSchools Rating 5/10), A.C. Reynolds Middle School (GreatSchools Rating 7/10), Asheville Middle School (GreatSchools Rating 4/10), A.C. Reynolds High School (GreatSchools Rating 7/10), School of Inquiry and Life Sciences (GreatSchools Rating 7/10), Asheville High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,557 (source: MLS/based on county public records data).
The last sale was on November 22, 2006 for $30,000 (source: MLS/tax record).
The property at 5 Arbutus Rd has 2 bedrooms and 2 bathrooms.
The property 5 Arbutus Rd is 1,108 SqFt (source: MLS/tax record).
The year of construction for 5 Arbutus Rd is 1945.
This home is located at 5 Arbutus Rd in Asheville, NC and zip code 28805. This 1,108 square foot home was built in 1945. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $439,999.
In May 2025, from all listings sold in Asheville, NC there were more than 25 sold above asking price, over 105 sold below and more than 16 were sold right at the asked price. The number of listings in Asheville, NC increased by 21.6% between April and May 2025. Listings spent 40 days on the market in May 2025, and had a median list price of $504,508 during the same period.
From Rocket Homes Real Estate and based on county public records data.