Cottage / Storybook home in Asheville, NC
Set in Asheville, NC, this Cottage home provides 3 bedrooms and 3 bathrooms across 1,904 square feet. Its Cottage character defines the property's look.
| Price | $585,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1904 |
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| Architectural style | Cottage / Storybook (66% match) |
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| Address | 102 Forest Lake Dr, Asheville, NC 28803 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little above the area.
- At $585K, this home is 6% above the $550K median for 589 similar Cottage / Storybook homes in Asheville, NC.
- That works out to $307 per square foot, 9% below the $337 comparable rate.
- On the market 129 days, which is a long time; sellers are often flexible at this point.
| This home | $585,000 |
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| Cottage / Storybook median in Asheville, NC | $550,000 (589 homes) |
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| Price per sq ft | $307 vs. $337 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,821/month with 20% down at a 7.28% 30-year fixed rate. You would need about $163,767 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,202/mo |
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| Property tax (new-buyer reassessed rate) | $400/mo |
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| Homeowners insurance | $219/mo |
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| Total monthly | $3,821/mo |
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| Down payment (20%) | $117,000 |
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| Income needed | $163,767/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (61 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (61/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $267,164 |
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| Range (10th to 90th pct) | $155,351 to $406,974 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Asheville, NC where local data is thin.
Local home values
Typical home values in Asheville, NC have risen about 18% over the past 5 years (-3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow