Welcome to Elk Mountain Townhomes. This charming 9-unit townhome community offers exceptional convenience and low maintenance living. Step inside this desirable light-filled end unit and you’ll feel right at home. The main level offers 9ft ceilings, open living/dining space with beautiful corner windows, convenient half bath, and a kitchen with maple cabinets, plenty of prep space, lovely windows over the sink, and all appliances. On the upper level you’ll find 2 Bedrooms at opposite ends of the home, full bath with tub/shower, and convenient second level laundry, the washer and dryer convey. Outside, there’s a covered front entry, back patio with privacy fencing, and assigned parking for 2 cars. Household pets are welcome. The HOA restrictions allow for 2 rental units; investor buyers should verify potential rental status prior to offer. The seller is offering a $2,000 credit for carpeting replacement. Why rent? You can own a low maintenance home in a prime location: 4 miles to Downtown Asheville, under a mile to Woodfin Riverside Park, minutes to Woodfin shops, restaurants, Reynolds Village, Beaver Lake Trails, and groceries. Schedule your personal tour today!
Closed
$256,000
3 Penley Ave APT E, Asheville, NC 28804
2beds
954sqft
Townhouse
Built in 2008
0.01 Acres Lot
$247,900 Zestimate®
$268/sqft
$1,683 Estimated rent
Home value
$247,900
$228,000 - $270,000
$1,683/mo
Zestimate® history
Owner options
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$1,683/mo
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$1,683/mo
Rent Zestimate®
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$1,657/mo
Est. payment
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$1,657/mo
Est. payment
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List your homeWhat's special
Light-filled end unitCovered front entryKitchen with maple cabinetsSecond level laundryBeautiful corner windows
Zillow last checked:
Listing updated:
Listed by:
Bonnie Gilbert bonnie@movingmountainsasheville.com,
Moving Mountains Property Group LLC
Bought with:
Rebecca Dougherty
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4303916
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom s
- Features: Ceiling Fan(s)
- Level: Upper
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Dining area
- Features: Open Floorplan
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Upper
Living room
- Features: Ceiling Fan(s), Open Floorplan
- Level: Main
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry: Laundry Closet, Upper Level
Features
- Open Floorplan
- Flooring: Carpet, Laminate, Other
- Doors: Insulated Door(s)
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 954
- Total interior livable area: 954 sqft
- Finished area above ground: 954
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, Parking Lot, Parking Space(s)
- Details: Each unit has 2 assigned parking spaces
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Patio
- Fencing: Partial
Lot
- Size: 0.01 Acres
- Features: Corner Lot
Details
- Parcel number: 973025681600000
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Arts and Crafts,Tudor
- Property subtype: Townhouse
Materials
- Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Subdivision: Elk Mountain Townhomes
HOA
- Has HOA: Yes
- HOA fee: $153 monthly
- HOA name: President- Gloria Smith
- HOA phone: 828-776-7811
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $182,200
- Annual tax amount: $895
- Date on market: 9/20/2025
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $256,000$268/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4303916 Report a problem | ||
| 10/11/2025 | Pending sale | $256,000$268/sqft |
Source: Canopy MLS as distributed by MLS GRID #4303916 Report a problem | ||
| 9/20/2025 | Listed for sale | $256,000+104.8%$268/sqft |
Source: Canopy MLS as distributed by MLS GRID #4303916 Report a problem | ||
| 10/18/2013 | Sold | $125,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $895 -1.6% | $182,200 |
| 2024 | $910 -46.5% | $182,200 |
| 2023 | $1,702 +1.1% | $182,200 |
| 2022 | $1,683 | $182,200 |
| 2021 | $1,683 +40.5% | $182,200 +45.9% |
| 2020 | $1,198 | $124,900 |
| 2019 | $1,198 | $124,900 |
| 2018 | $1,198 +5.5% | $124,900 -3.2% |
| 2017 | $1,135 -1.1% | $129,000 |
| 2016 | $1,148 -11.8% | $129,000 |
| 2015 | $1,302 | $129,000 |
| 2014 | $1,302 | $129,000 -4.7% |
| 2013 | -- | $135,300 -3.1% |
| 2012 | -- | $139,600 |
| 2011 | -- | $139,600 |
| 2010 | -- | $139,600 |
| 2009 | -- | $139,600 |
Find assessor info on the county website
Neighborhood: 28804
Nearby homes
- $240,7002 bd2 ba890 sqft3A Penley Ave, Woodfin, NC 28804Off Market
- $232,3002 bd1 ba855 sqft3 Penley Ave APT D, Asheville, NC 28804Off Market
- $229,4002 bd1 ba471 sqft3 Penley Ave APT C, Asheville, NC 28804Off Market
- $237,0002 bd2 ba946 sqft3 Penley Ave APT B, Asheville, NC 28804Sold
- $255,1002 bd2 ba890 sqft5 Penley Ave APT A, Asheville, NC 28804Off Market
- $238,0002 bd2 ba840 sqft5 Penley Ave APT C, Asheville, NC 28804Off Market
- $244,2002 bd1 ba840 sqft5 Penley Ave APT D, Asheville, NC 28804Off Market
- $282,0002 bd2 ba964 sqft5 Penley Ave APT B, Asheville, NC 28804Sold
Nearby schools
GreatSchools rating
- 2/10Woodfin ElementaryGrades: K-5Distance: 0.5 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 2.4 mi
- 2/10Clyde A Erwin HighGrades: PK,9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Woodfin/Eblen
- Middle: Clyde A Erwin
- High: Clyde A Erwin
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
$247,900
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
$247,900
- North Carolina
- Buncombe County
- Asheville
- 28804
- 3 Penley Ave Apartment E
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