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4 Coma Lake Ln, Arden, North Carolina 28704
$
4450
Bedrooms
5
Utilities Included
No
Bathrooms
4
Furnished
Yes
Available to Lease on
ASAP
Property Type
Single Family
SQFT
4000
Key metrics
Rent
$
4450
Monthly Estimated Profit?
$
5366
Annual Estimated Profit?
$
64400
Acquisition Fee
$
3,500
Security Deposit
$
4,450
Average Daily Rate
$
518
Occupancy
62%
Annual Revenue
$
117,800
Key Features

Home located at 4 Coma Lake Ln in Arden, North Carolina. This stunning 5-bedroom, 3.5-bathroom residence is nestled on a secluded 20-acre lot at the end of a cul-de-sac, offering breathtaking private lake views and 4,000 sq ft of luxurious living space.

The home is filled with natural light from vaulted ceilings and a wall of windows, featuring a chef’s kitchen with granite countertops, a double oven, and a large island. Outside, you’ll find a private oasis including a hot tub, back deck, and screened-in porch, all overlooking a serene lake full of fish. Enjoy a lifestyle of comfort and luxury with easy access to Biltmore Park, the Blue Ridge Parkway, and local breweries.

Property Features

  • Square Footage: 4,000 sq ft
  • Chef's Kitchen: Granite countertops, stone backsplash, and double oven
  • Serene Outdoors: 20-acre lot with private lake, hot tub, and screened-in porch
  • Interior Elegance: Hardwood and bamboo flooring with a wood-burning fireplace
  • Master Suite: Private retreat with a large soaking tub and separate step-in shower
  • Prime Location: Minutes from Biltmore Park, Blue Ridge Parkway, and Asheville Regional Airport"

STR Regulations Summary:  

Status:
STR Friendly

View Regulations Here

Arden is largely located in Unincorporated Buncombe County, which currently permits short-term rentals in most residential zoning districts, making it the primary arbitrage alternative to the strictly banned City of Asheville. However, the County has implemented a Short-Term Rental Zoning Permit system to track inventory. CRITICAL WARNING: Arden is located directly next to the Asheville Regional Airport. Short-term rentals are strictly PROHIBITED in the Airport Zoning District (AI). You must check the zoning map to ensure the property is not in this specific exclusion zone.

Key Requirements

  • Zoning Permit: You must obtain a Short-Term Rental Zoning Permit from Buncombe County Planning ($150 fee). This permit must be renewed every 2 years.
  • Site Plan: The application requires a basic site plan showing parking (1 space per 2 bedrooms required) and waste disposal locations.
  • HOA Warning: Arden is heavily populated with master-planned subdivisions (e.g., Royal Pines, Avery Creek). While the County allows STRs, many local HOAs explicitly ban them. You must verify the covenants before signing a lease.

Operational and Safety Standards

  • Life Safety: You generally need working smoke detectors, carbon monoxide detectors, and fire extinguishers. While a formal fire inspection is not always mandatory for every single-family permit, the County reserves the right to inspect, and multi-unit structures often require Fire Marshal approval.
  • Waste Management: You must provide trash capacity for weekly accumulation (often requiring "bear-proof" containers if near wooded areas).
  • Privacy: A local property manager (you or a contact) must be available within a 50-mile radius to respond to complaints.

Tax Obligations

  • Total Tax Rate: ~12.75% Total (4.75% State + 2.25% County Sales + 6% Occupancy Tax).
  • Collection: Airbnb and Vrbo typically collect the State Sales Tax (4.75%) and the Buncombe County Occupancy Tax (6%) automatically.
  • Registration: You still need to register with the Buncombe County Tourism Development Authority (BCTDA) to get a tax account number, which is required for your permit application, even if Airbnb handles the payments.

Enforcement

  • Fines: Operating without a permit can result in civil penalties of $500 per day.
  • Airport Zone: Properties caught operating in the Airport District are shut down immediately.

Summary for Arbitrage

  • Green Light: Most residential zones in Arden (R-1, R-2, R-3) are fine.
  • Red Light: The "Airport District" (check the map!) and HOA neighborhoods.
  • Future Risk: Buncombe County has discussed restricting new STRs to commercial zones in the future. While currently permissive, this creates a "regulatory risk" for long-term leases.

Property Location