BACK ON THE MARKET at no fault of this lovely home! Buyer's financing fell through. This delightful 2-bedroom, 1.5-bath, two-story townhome is conveniently located just off Sweeten Creek Road in the heart of Arden. Enjoy a beautifully updated kitchen featuring granite countertops and hardwood-style laminate flooring that flows through the main living area. A laundry closet is tucked just off the kitchen hallway for easy access. Step outside to your private, tiled patio, perfect for relaxing or entertaining, and take a short stroll to the community’s in-ground pool. Upstairs, the second bedroom has been freshly updated with brand-new carpet and paint following repairs completed after storm damage from Hurricane Helene (tree damage to the roof over the second bedroom). The primary bedroom includes a large walk-in closet with built-in shelving, and the full bathroom features granite counters and tile flooring. Clean and well-maintained this townhome is ready for you to move right in!
Closed
$232,500
118 Colony Dr, Arden, NC 28704
2beds
1,104sqft
Townhouse
Built in 1973
0.02 Acres Lot
$226,200 Zestimate®
$211/sqft
$1,607 Estimated rent
Home value
$226,200
$208,000 - $247,000
$1,607/mo
Zestimate® history
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$1,681/mo
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$1,681/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Lauren Butcher lauren@townandmountain.com,
Town and Mountain Realty,
Ashton Peters,
Town and Mountain Realty
Bought with:
Katerina Leeger
Town and Mountain Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4267052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: Upper
- Area: 150.8 Square Feet
- Dimensions: 15' 1" X 10' 0"
Bedroom s
- Features: Ceiling Fan(s)
- Level: Upper
- Area: 150.8 Square Feet
- Dimensions: 15' 1" X 10' 0"
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
- Area: 37.5 Square Feet
- Dimensions: 7' 6" X 5' 0"
Dining room
- Level: Main
- Area: 86.29 Square Feet
- Dimensions: 7' 8" X 11' 3"
Kitchen
- Level: Main
- Area: 77.91 Square Feet
- Dimensions: 10' 6" X 7' 5"
Laundry
- Level: Main
Living room
- Features: Open Floorplan
- Level: Main
- Area: 142.54 Square Feet
- Dimensions: 12' 8" X 11' 3"
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
- Laundry: In Unit, Laundry Closet, Main Level
Features
- Flooring: Carpet, Laminate, Tile
- Doors: Sliding Doors
- Has basement: No
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
- Finished area above ground: 1,104
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Space(s)
- Uncovered spaces: 1
- Details: One parking space in front with visitor parking
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Patio
- Pool features: Community, In Ground
Lot
- Size: 0.02 Acres
Details
- Parcel number: 9654442874
- Zoning: RM16
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Stone Veneer, Wood
- Foundation: Slab
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Arden
- Subdivision: The Colony
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $224 monthly
- Association name: Kelly Jarvvis
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $232,500-3.1%$211/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4267052 Report a problem | ||
| 6/24/2025 | Listed for sale | $240,000+3.4%$217/sqft |
Source: Canopy MLS as distributed by MLS GRID #4267052 Report a problem | ||
| 7/7/2023 | Sold | $232,000+5.5%$210/sqft |
Source: Canopy MLS as distributed by MLS GRID #4034220 Report a problem | ||
| 6/3/2023 | Listed for sale | $220,000+145.8%$199/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4034220 Report a problem | ||
| 5/6/2015 | Sold | $89,500-2.2%$81/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM569281 Report a problem | ||
| 1/17/2015 | Price change | $91,500+2.9%$83/sqft |
Source: Exit Realty Vistas #569281 Report a problem | ||
| 12/7/2014 | Price change | $88,900-3.9%$81/sqft |
Source: Exit Realty Vistas #569281 Report a problem | ||
| 11/5/2014 | Price change | $92,500-2.1%$84/sqft |
Source: Exit Realty Vistas #569281 Report a problem | ||
| 10/21/2014 | Price change | $94,500-3.1%$86/sqft |
Source: Exit Realty Vistas #569281 Report a problem | ||
| 8/24/2014 | Listed for sale | $97,500+0.5%$88/sqft |
Source: Exit Realty Vistas #569281 Report a problem | ||
| 6/29/2007 | Sold | $97,000+54%$88/sqft |
Source: Public Record Report a problem | ||
| 12/2/2004 | Sold | $63,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,333 +6.6% | $134,800 |
| 2024 | $1,249 +22.8% | $134,800 +19.4% |
| 2023 | $1,017 +1.1% | $112,900 |
| 2022 | $1,006 | $112,900 |
| 2021 | $1,006 +19.9% | $112,900 +28.9% |
| 2020 | $839 | $87,600 |
| 2019 | $839 | $87,600 |
| 2018 | $839 | $87,600 +18.9% |
| 2017 | $839 -1% | $73,700 |
| 2016 | $848 +6.6% | $73,700 |
| 2015 | $795 +1.4% | $73,700 |
| 2014 | $784 | $73,700 |
| 2013 | -- | $73,700 -4.3% |
| 2012 | -- | $77,000 |
| 2011 | -- | $77,000 |
| 2010 | -- | $77,000 |
| 2009 | -- | $77,000 |
Find assessor info on the county website
Neighborhood: 28704
Nearby schools
GreatSchools rating
- 6/10Glen Arden ElementaryGrades: PK-4Distance: 0.9 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 4.6 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Glen Arden/Koontz
- Middle: Cane Creek
- 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
$226,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$226,200
- North Carolina
- Buncombe County
- Arden
- 28704
- 118 Colony Dr
Nearby cities
Nearby zip codes
Other Arden Topics
