
$874,000 $244/sqft
47 Drakes Meadow Lane
Arden, NC 28704
4 bd · 3 ba · 3,584 sqft · 2006 · 2 mo ago
Drakes Meadow has the feel of a well-kept South Asheville pocket neighborhood, where mature landscaping, generous lots, and custom homes create a polished residential setting.
Community overview based on MLS listing data for Drakes Meadow, Arden
Drakes Meadow has the feel of a well-kept South Asheville pocket neighborhood, where mature landscaping, generous lots, and custom homes create a polished residential setting. The streets read as established and intentional, with a mix of traditional and modern-farmhouse styling that gives the community a cohesive but not repetitive look. Homes here tend to sit on sizable parcels, and the overall effect is more spacious than suburban-compressed.
"Custom homes, broad lots, and a South Asheville setting give Drakes Meadow its lasting appeal."
Most homes in Drakes Meadow are single-family residences built in the mid-2000s through the late 2010s, with construction focused on open layouts, strong curb appeal, and comfortable indoor-outdoor living. You’ll see two-story foyers, hardwood floors, granite or quartz kitchens, fireplaces, and plenty of bonus spaces that adapt easily to offices, lofts, or guest rooms. Many homes feature brick exteriors, and the neighborhood’s custom character shows up in details like coffered ceilings, screened porches, wrap-around porches, Trex decking, and finished crawl-space storage. Garages are a defining feature here, and the lots often feel large enough for gardening, patios, and fenced yard space.
The daily rhythm in Drakes Meadow is shaped by outdoor living. Covered decks, screened porches, patios, and deep backyards are common, so the transition from kitchen to backyard feels natural. Several homes highlight garden areas, mature trees, and level yards, which gives the neighborhood a lived-in, cared-for atmosphere rather than a tightly packed one. The setting is also close to the conveniences of south Asheville, so errands, dining, and weekend outings are an easy part of life here.
"This is a neighborhood built for porch time, backyard gatherings, and easy access to south Asheville conveniences."
Drakes Meadow sits in the Arden/South Asheville area, with quick access to the city’s southside and a straightforward connection to Asheville’s broader amenities. Public remarks place downtown Asheville about 15 minutes away, and the neighborhood is described as a quick drive to Biltmore Park and Biltmore Village. That puts shopping, dining, and everyday services within a practical reach while keeping the community tucked into a residential pocket. School assignments commonly associated with the neighborhood are Glen Arden/Koontz Elementary, Cane Creek Middle, and T.C. Roberson High, with the T.C. Roberson district also noted in listing remarks. For buyers who want a South Asheville location with established homes, larger lots, and an easy route into the city, Drakes Meadow offers a compelling balance.
Palmetto Park Realty Team · Arden
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28 recently sold in Drakes Meadow, Arden
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Jul 17 2026 | $850,000 | 246 | 2,866 sq ft | 96.0% | $297 |
| | Nov 4 2024 | $940,000 | 55 | 3,604 sq ft | 101.1% | $261 |
| | Sep 29 2023 | $880,000 | 77 | 3,769 sq ft | 92.6% | $233 |
| | Sep 16 2022 | $820,000 | 31 | 3,634 sq ft | 103.1% | $226 |
| | Aug 26 2021 | $690,000 | 41 | 3,158 sq ft | 99.3% | $218 |
| | Apr 20 2021 | $683,056 | 46 | 3,953 sq ft | 102.3% | $173 |
| | Jan 21 2021 | $577,000 | 62 | 2,939 sq ft | 101.2% | $196 |
| | Oct 23 2020 | $558,400 | 53 | 3,782 sq ft | 99.2% | $148 |
| | Oct 15 2020 | $525,000 | 358 | 3,636 sq ft | 98.1% | $144 |
| | Jul 14 2020 | $553,150 | 46 | 3,575 sq ft | 97.9% | $155 |
| | Nov 22 2019 | $445,000 | 45 | 2,549 sq ft | 98.9% | $175 |
| | Jul 19 2019 | $560,000 | 44 | 3,113 sq ft | 98.2% | $180 |
| | Nov 29 2018 | $445,000 | 213 | 3,294 sq ft | 97.8% | $135 |
| | Nov 26 2018 | $470,000 | 114 | 3,461 sq ft | 95.9% | $136 |
| | Aug 31 2018 | $545,000 | 70 | 3,998 sq ft | 95.6% | $136 |
| | Jul 1 2016 | $455,000 | 67 | 2,986 sq ft | 96.8% | $152 |
| | Feb 5 2016 | $467,500 | 249 | 3,392 sq ft | 97.4% | $138 |
| | Dec 18 2014 | $365,000 | 199 | 2,793 sq ft | 94.8% | $131 |
| | Oct 30 2014 | $475,000 | 135 | 3,349 sq ft | 99.2% | $142 |
| | Jun 26 2014 | $425,000 | 293 | 3,118 sq ft | 94.4% | $136 |
| | Jun 27 2013 | $431,000 | 105 | 2,939 sq ft | 102.6% | $147 |
| | Jun 18 2013 | $380,000 | 119 | 2,986 sq ft | 95.0% | $127 |
| | May 24 2013 | $400,000 | 51 | 2,400 sq ft | 94.1% | $167 |
| | May 10 2013 | $450,000 | 2 | 3,471 sq ft | 100.0% | $130 |
| | Nov 8 2012 | $349,000 | 223 | 2,411 sq ft | 94.6% | $145 |
| | Aug 31 2012 | $375,000 | 298 | 3,660 sq ft | 88.2% | $102 |
| | Jul 31 2012 | $500,000 | 208 | 3,518 sq ft | 94.4% | $142 |
| | Jul 2 2012 | $400,000 | 178 | 4,271 sq ft | 92.0% | $94 |
Closed sales from MLS history for Drakes Meadow, Arden
Drakes Meadow median sale price is $577,000; Arden is up 4.5%.
Below trend-line threshold — city median shown for context
The Drakes Meadow real estate market shows buyer's market conditions. Homes typically sell within 91 days. With 1 active listing and 1 home sold in the past year, buyers have more negotiating power and time to decide.
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