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Vacation Rental Property with Cottage
New
For Sale
$1,400,000

337 & 345 Avery Creek Road, Arden, NC 28704

Residential Income, Arden, NC

Property SizeContact for details
Lot Size2.20 Acres
Days on Market3

Property Features for 337 & 345 Avery Creek Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Zoning description Res
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5, Basement
Parking features Garage - Attached, Driveway
Security features Security System
Pets allowed Yes
Fireplace 1
Basement Walk-Out Access, Finished
Appliances Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Lot features Pond(s), Sloped, Wooded, Views
Elementary school Avery's Creek/Koontz
Middle school Valley Springs
High school T.C. Roberson
Directions Follow GPS to 337 Averys Creek Rd until you come to a "Red House" coffee shop/cafe on the right and a small sign saying "337". Turn right there. Just past that you'll see my sign and "Oak Grove Cottage " sign. Stay left and circle around where you'll see plenty of parking. Parking is at the Studio with the main home on the left and the Cottage to the right as you drive up. You'll enter the back door of the main home.
Standard status Active
APN 962470925600000
Lot size 2.20 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description Deed Date:09/11/2018 Deed:5701-1261 Lot:TRACT 1 & 2 Plat:0155-0026
Legal Description Deed Date:09/11/2018 Deed:5701-1261 Lot:TRACT 1 & 2 Plat:0155-0026

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Ductless (Heating)
Cooling system Heat Pump, Ductless
Water source Well

Amenities

cathedral ceilings
skylights
gas fireplace
deck
game room
bamboo floors
lounge area
mature landscaping

Building Details

Year built 2005
Number of units 2
Flooring type Wood, Bamboo, Tile
Building materials Brick Partial, Fiber Cement
Listing Agency: GreyBeard Realty
Listed By: Rhonda Turpin · License #320563
Added: Oct 28 Last Checked: Oct 30 at 6:06AM
MLS# 4438794

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Set across 2.2 acres, this property brings together a four-bedroom, three-bath main house, a studio, and a separate two-bedroom cottage with a kitchen and full bath. The cottage currently operates as a vacation rental. The main home, built in 2005, has cathedral ceilings, skylights, a gas fireplace, and a partially covered deck. Three bedrooms and two full baths, including the primary suite, are on the main level; the finished lower level contains a fourth bedroom, full bath, game room or living area, and laundry room. An attached two-car garage serves the house.

The studio has bamboo flooring, a lounge area, and a half bath. Additional site improvements include a steel garage, shed, and barn. The property is zoned R-2, has a well and public sewer, and carries no HOA fees.

Key Highlights

  • 2.2‑acre property with a main residence, studio, and separate cottage
  • Four‑bedroom, three‑bath main home built in 2005
  • Two‑bedroom cottage with kitchen and full bath currently used as a vacation rental

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 28704, NC

23,734
Population
11,514
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
92%
High-School Grad
30.1 sq mi
ZIP Area
789
Density / Sq Mi
$79,088
Median Household Income
$39,072
Median Earnings
$1,369
Median Rent
$343,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A main residence, separate studio, and operating vacation-rental cottage share a wooded property without HOA fees.
Where is this short term rental property located?
The property is located at 337 & 345 Avery Creek Road Arden, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2.2‑acre property with a main residence, studio, and separate cottage; Four‑bedroom, three‑bath main home built in 2005; Two‑bedroom cottage with kitchen and full bath currently used as a vacation rental
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