
12 Penley Avenue · Asheville, NC 28804
BUYERS ....Need help with down payment? With acceptable OTP, seller offers $5,000 to buyers closing costs.
WOODFIN, NC USA ~ 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, 0.18 ac corner lot, 1122sf charming cottage, offers front covered porch (144sf), private fenced backyard, walk-able, dog friendly neighborhood, with easy access to community baseball field, and basketball court. Less than 0.5m to the French Broad river and The Mill at Riverside. The continuing plan for a Green Way so close to your location.
Home has newly installed HVAC, several rooms with new flooring, 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.
Features & Amenities
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $311,000 → $310,000 | ▾ $1,000 (0.3%) |
| Jun 23, 2026 | Price Change | $338,000 | — |
| Jul 24, 2026 | Price Change | $333,000 | 2 |
| Aug 4, 2026 | Price Change | $328,000 | 2 |
| Aug 22, 2026 | Price Change | $312,000 | 5 |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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