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$338,000 Just Listed
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Property Description
Woodfin, Historical neighborhood with cottage living, awaits! This home in Martell Village is minutes away from French Broad River, Amenities, I26, Asheville, Weaverville, and so much more! Built in 1925, 0.18ac corner lot, 1122sf charming cottage (2bed 1bath), offers front covered porch (144sf), private fenced backyard, walk-able, dog friendly neighborhood, with easy access to community baseball field, and basketball court. It's only 0.3m to the river. The continuing plan for a Green Way so close to your location. Home has newly installed HVAC, new fans, fresh paint, there is oil tank above ground, but has been disconnected. Appliances and shed convey. Martel Village is a historic, early 20th-century mill neighborhood located in Woodfin, NC. Developed by the Martel Mills Company to house the their employees. It is situated just minutes north of downtown Asheville, off Elk Mountain Road and features a charming mix of classic mountain mill cottages and renovated homes. Less than ½ mile from French Broad River. Explore Western North Carolina, with quick access to river and highways. Are you looking for investment or primary residence or a mountain retreat from the hot summers of the "flat lands"? This historic home has the comforts, easy care and exceptional location to so much the mountains have to offer.
Full Property Details
Full Property Details for 12 Penley Ave
General
- Price: $338,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4379338
- Updated: Today (7/1/2026)
- Added to Site: Today
Interior
- Appliances: Electric Range, Refrigerator, Tankless Water Heater, Washer/Dryer
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: In Hall
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: From: Asheville, take future I26 W 2.9m to exit 24 Elk Mountain, end of ramp turn LEFT onto Elk Mountain Road, 0.9m LEFT on Penley Ave., 250ft turn LEFT onto Community Road, home is on corner of Community and Penley. WELCOME to 12 Penley Ave., Woodfin.
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available
Structural Information
- Architectural Style: Cottage
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Composition
- Main/1st Level: 1,122 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Dimensions: 7841sf
- Street/Road Desc.: Dirt, Gravel, Paved
- Elevation (Approx.): 2000
- Lot Features: Corner Lot, Green Area, Sloped
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 9730-25-4741-00000
- Lot Number: 4620-1638
Listed by Donohoo Group, LLC
Get Pre-Approved Today
Schools
Schools serving 12 Penley Ave
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Woodfin Elementary 108 Elk Mountain Road, Asheville, NC 28804 | K-4 | 0.5 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 2.2 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Penley Ave
Date
Details
Price
Change
Source
7/01/2026
Listed
$338,000
143.17%
MLS
10/31/2008
Sold
$139,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12 Penley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,833
6%
$186,000
—
2023
$1,737
4%
$186,000
3%
2022
$1,676
—
$181,400
—
2021
$1,676
45%
$181,400
50%
2020
$1,158
—
$120,700
—
2019
$1,158
6%
$120,700
—
2018
$1,097
-1%
$120,700
—
2017
$1,109
25%
$120,700
37%
2015
$887
-1%
$87,900
-1%
2014
$895
—
$88,700
—
2013
$895
—
$88,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12 Penley Ave
12 Penley Avenue, Asheville, NC 28804 (MLS# 4379338) is a Single Family property with 2 bedrooms and 1 full bathroom. 12 Penley Avenue is currently listed for $338,000 and was received on July 01, 2026. Want to learn more about 12 Penley Avenue? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

