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$2,880,000

Beds
5
Baths
3.0
sq ft
4,308

552 Avery Creek Road, Arden, NC 28704

552 Avery Creek Road

Arden, NC 28704

  • 187 days on market
    • Price drop $370,000↓
PRICED at APPRAISED VALUE! Absolutely stunning 26-acre property in Arden’s picturesque Avery Creek. Welcome to Whippoorwill, an everyday escape or second-home retreat in the mountains. Its beautiful features include the fields that greet you, a running creek, four-stall barn, sports field, large fire pit, and picnic area. Its 4000+ SF historic log home has space for everyone with its five bedrooms, rec room, and ~500 SF screened-in porch for relaxing while you watch the wildlife. Property also includes two rustic cabins, with their own kitchenettes and baths, close to the main home. Bring your horses, gardening tools, lawn games, and hiking shoes, as this special place is a true gem of the Asheville area. Sellers’ family has loved this property since its purchase in 1962! No restrictions to seller’s knowledge, other than R-2 county zoning (buyer to verify). Property is about 20 min. to downtown Asheville and 30 minutes to Brevard. Come see this charming, private property for yourself!

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$669

Year built

1915

Price History

01/02/2025
CanopyMLS

CanopyMLS #4162380

Price change
$2,880,000
-11.38%
10/30/2024
CanopyMLS

CanopyMLS #4162380

Listed
$3,250,000
09/29/2024
CanopyMLS

CanopyMLS #4162380

Removed
$3,250,000

Schools & Community

Elementary school: 

Avery's Creek/Koontz

Middle school: 

Valley Springs

High school: 

T.C. Roberson

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

August 2005

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Credit Line (Revolving), 40 year

Seller

James L Padgett and Janice P Padgett

Lender

First Union National Bank

Loan start date

September 2001

Original loan amount

$170,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Credit Line (Revolving), 20 year

Seller

James L Padgett and Janice P Padgett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 2:05 PM

Listing updated: 01/22/2025 at 2:47 AM

Listed by: Megan Shook, Mosaic Community Lifestyle Realty Phone #: (828) 707-9556

MLS: CanopyMLS #4162380

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