Townhouse at 132 Colony Drive, Arden
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Gorgeous new countertops! - 132 Colony Drive, Arden
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New and new! - 132 Colony Drive, Arden
New range - 132 Colony Drive, Arden
Doors on left house the washer/dryer and hot water heater, plus under stairs storage - 132 Colony Drive, Arden
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29 photos

$245,000

132 Colony Drive
Arden, NC 28704
Listed by Elizabeth Oas · Keller Williams Professionals
Bedrooms
2
Bathrooms
1.5
Living area
1,022 sqft
Year built
1973

About this home

Step inside and you will never guess this Arden townhome is not new construction! Completely gutted and rebuilt with contemporary upgrades throughout. You will find granite counters and LVP flooring run through the main level, while the upstairs bedrooms have the comfort of brand-new carpet underfoot. The two-level layout sets this one apart: the main floor opens up for easy living and cooking, while upstairs holds both bedrooms and a full bath, giving you separation between public and private space. A half bath downstairs rounds things out for guests. Whether you're settling in full-time or just need a low-key mountain base, the location is another perk. Close to Biltmore Park, restaurants, and the airport, The Colony community is positioned between Asheville and Hendersonville. HOA dues of $242/month take lawn care, pool upkeep, water & sewer, snow removal, and exterior maintenance off your plate entirely. Move in and enjoy it, there's nothing left to fix, update, or worry about!

Property details

MLS
Canopy MLS
MLS #
CAR4418273
Property type
Townhouse
Subdivision
The Colony
Status
Active
Days on market
16
On market date
September 4, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Avery's Creek Elementary
3.74 mi away · Grades 0-4
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
559
Student:teacher ratio
13.6:1
District
Buncombe County Schools
Middle
Koontz Intermediate
1.75 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
649
Student:teacher ratio
14.8:1
District
Buncombe County Schools
High
Early College
7.31 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Arden's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes19
Grocery stores9
Parks3
Schools5
Transit stops18
Pharmacies2

Market position

How this listing compares to current activity in Arden, from live MLS data.

On the market 16 days -- 136 fewer days than Arden's current average of 152 days.
For reference, the median list price across 267 active listings in Arden right now is $615,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,625/mo
$49,000 down
$196,000 loan
Principal & interest$1,271
Property tax (est.)$204
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 26 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.