Sold — March 2025

Hominy Creek Farmhouse

A modern farmhouse on a tight West Asheville infill lot

West Asheville, Buncombe County 2024 Sold — $945,000

4 Bedrooms

3 Bathrooms

2,680 Sq ft

0.52 acres Lot

2024 Year

The build

This one was an exercise in discipline. A half-acre infill lot near Hominy Creek, a 30-foot creek buffer eating the back yard, and a price ceiling set by the block: West Asheville buyers wanted four bedrooms under a million dollars, and that number does not forgive over-building.

So we built for the block. Standing-seam roof, board-and-batten fiber cement, a real mudroom off the carport, and a screened porch facing the creek buffer instead of fighting it. Inside: quartz counters, a cafe-style range, a walk-in pantry, and a fourth bedroom pre-plumbed so a buyer could make it an office or a guest suite without a permit.

We poured a detached studio slab for a future accessory dwelling and left it at that. It listed in February and went under contract in 21 days at 99 percent of ask.

Gallery

The 360 read

How this project was analyzed

Every WNCRD build is tested against the same eight questions before capital is committed.

Market West Asheville under $1M with four real bedrooms is the deepest buyer pool in the city. We built for the block, not for a magazine.

Land 0.52-acre infill lot with city water and sewer at the street. Creek buffer took the rear 30 feet, which set the house forward and made the screened porch the natural move.

Product Four beds, 3 baths, 2,680 sq ft, plus a detached studio slab for a future ADU. Priced to land right at the move-up sweet spot.

Costs Hard costs $255 per foot. Tap fees and the creek-buffer survey were the only line items above the original budget.

Capital Construction loan at 70 percent loan-to-cost, nine-month term, one 60-day extension option we did not need.

Execution Eight months slab-to-CO. Small lot meant tight material staging; we scheduled deliveries against the framing calendar to keep the site clear.

Exit Listed in February, under contract in 21 days at 99 percent of ask. The ADU slab and the office bedroom were the two features buyers named.

Risk Creek buffer was the open question. Resolved with an early survey and a stormwater plan before we closed on the lot.

approved Approved: strongest comp set in the market, low product risk.

Interested in this project?

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