Asheville · Asheville, NC
5 Ridge Terrace
Asheville, NC · 2,887 sqft
$875,000
Reduced from $909,500
- 3Beds
- 3Baths
- 2,887SqFt
- 1986Year
- 243Days on market
About this home
Enjoy the security of a lock and leave gated active community that is nestled over 115 of acres with ponds, mountain views, trails, gardens, tennis, pickleball, indoor pool, clubhouse But when you step into 5 Ridge you will warm your senses with natural light from the majority of the windows and doors that have been updated along with fresh interior neutral paint. The layout is open and inviting from the stone fireplace with Valor gas inserts, updated wood floors, eat-in kitchen with plenty of storage. The layout allows for a primary suite plus 2nd bed/bath on the main level, while the walk-out terrace level has a 3rd bed plus a large den and office space. The colors of the mountains can be seen from most rooms and the wrap-around porch is perfect for enjoying dining al fresco. Updates include replacing the majority of the original doors/windows; generator; flooring; plantation shutters/levelor blinds; Valor gas inserts; updated kitchen.The seller offers to pay one year of HOA dues with an acceptable offer
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 2,887
- Lot
- —
- Year built
- 1986
- Type
- Condo
- Days on market
- 243
- Garage
- 2
- Heating
- Central, Heat Pump, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air, Heat Pump
- Foundation
- Basement
- Flooring
- Carpet, Tile, Vinyl, Wood
- HOA dues
- $1,150 / mo
Features
- Split Bedroom
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$7,589/ month
- Principal & interest
- $5,419
- Property tax (~1.05%)
- $765
- Homeowners insurance
- $255
- HOA dues
- $1,150
Down payment
$43,750 down · $831,250 financed
Income to qualify (28% rule)
~$325,284 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.