Arden · Arden, NC
16 Mallory Lane
Arden, NC
$195,000
Reduced from $259,500
- 2Beds
- 1.5Baths
- 0SqFt
- 1909Year
- 137Days on market
About this home
*** CALLING ALL INVESTORS*** “Back on the market! No seller default. DO NOT MISS the Opportunity in Arden, NC! Historic two-story home situated on approximately 0.60 acres in Buncombe County. Unrestricted- NO HOA. This 2-bedroom, 1-bath property offers a BLANK CANVAS and a spacious lot with room for improvement or expansion. The Master bedroom upstairs presents a partial Mountain View. Privacy encounters this property as it remains with wooden fencing and natural surroundings. Quiet neighborhood and friendly neighbors. Property is being SOLD AS-IS.
Don't miss out on the Convenient location as it offers quick access to South Asheville shopping, dining, and everyday amenities. This property is minutes from highway 26 , the Asheville Regional Airport, and outdoor recreation opportunities in Buncombe County. Enjoy the convenience of being close to schools, grocery stores, and local employers. A rare opportunity to own property in a highly desirable and growing area. 16 Mallory Lane, presents excellent potential for investors looking to restore a classic mountain home.
Property details
- Beds
- 2
- Baths
- 1.5
- SqFt
- 0
- Lot
- —
- Year built
- 1909
- Type
- Single Family
- Days on market
- 137
- Style
- Modern, Traditional
- Heating
- None
- Cooling
- N/A
- Foundation
- Slab
- Flooring
- Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,410/ month
- Principal & interest
- $1,207
- Property tax (~0.90%)
- $146
- Homeowners insurance
- $56
- HOA dues
- —
Down payment
$9,750 down · $185,250 financed
Income to qualify (28% rule)
~$60,463 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.