Portfolio at 57 Sleepy Gap Road, Arden
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15 photos

$880,000

57 Sleepy Gap Road
Arden, NC 28704
Listed by Ralph Harvey · Listwithfreedom.com Inc
Bedrooms
5
Bathrooms
4.5
Living area
1,925 sqft
Year built
1984

About this home

Tucked among the trees beside a beautiful year-round stream, this one-of-a-kind mountain retreat offers the peace and privacy of a luxury estate, with a homestead feel, just minutes from Biltmore Park and 20 minutes from downtown Asheville. The property includes two buildings: main home a 3BR/2BA, plus a finished 1BR/1.5BA basement apartment. Second building has a garage/workshop and separate 1BR/1BA apartment. Enjoy the well water, two fire pits, and trails. A spacious deck connects the buildings, both with brand-new metal roofs and numerous improvements. For warmth, economy and self-reliance, there is a large wood stove, as a secondary heat source for the main home. This conveys with four parcels, including two buildable lots. Great as a home business or rental income source. A rare opportunity to enjoy mountain living.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4419369
Property type
Portfolio
Subdivision
None
Status
Active
Days on market
N/A
On market date
August 28, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
1
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
2.44 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
4.62 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
8.45 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).

21
Car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 153 fewer days than Arden's current average of 153 days.
For reference, the median list price across 267 active listings in Arden right now is $619,000.

Mortgage calculator

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

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Est. monthly payment
$5,449/mo
$176,000 down
$704,000 loan
Principal & interest$4,566
Property tax (est.)$733
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated August 28, 2026.

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.