$5,250,000
SOLD OCT 18, 2021
4 Beds
3.5 Baths
3,324 Sq Ft
47 Acres

Recently Sold

$1,579 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Barn
  • Hilly Lot
  • Traditional Architecture
  • T.C. Roberson High School Rated A
  • Pond
  • Wood Flooring

About This Home

As of October 2021

Rare opportunity! Are you looking for your own private luxury mountain estate that is close to the airport, shopping, restaurants and all that Asheville has to offer? Look no further! Bordering The Cliffs at Walnut Cove, this amazing property with 47+ acres of beautiful topography, has multiple build sites at your disposal. The current house on the property can be modified with updates or used as caretaker’s accommodations should you opt to build your custom dream home on one of the many beautiful sites located on the estate. There is a seven-stall horse barn with tack stall, pond, original homestead and barn estimated to be well over 100 years old, with plenty of space to garden and roam! As we all know, they are not making new land and you will not find another property like this so close to the city and yet so far removed! Your private slice of heaven is waiting! Welcome home! Includes PIN - 963412114700000 NOTE: Home needs major repairs and updates and being sold As-Is.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 08/13/2021

Last Buyer's Agent

Marilyn Wright

Premier Sotheby’s International Realty License #265917

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Hilly Lot
  • Many Trees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • Fireplace
  • Wood Flooring

Outdoor Features

  • Pond
  • Gazebo
  • Outbuilding

Additional Features

  • Barn
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9634-12-2996-00000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.06061
  • Ratio Close Price By Original Li: 1.06061
  • Ratio Current Price By Acre: 110806.25
  • Ratio Current Price By Sq Ft: 1579.42
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Refrigerator
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Basement: 919
  • Main Level Sq Ft: 2405
  • Total Sq Ft: 3324
  • Sq Ft Unheated Basement: 1448
  • Sq Ft Unheated Total: 1448

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Gazebo, Outbuilding

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Pond, Trees, Views, Year Round View
  • Lot Size Area: 47.380
  • Parcel Number: 9634-12-2996-00000
  • Plat Book Slide: 0068
  • Plat Reference Section Pages: 0045
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 1336000.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Arboretum Estates Llc
Bought by
173 Avery Creek Road Arden Llc

Purchase Details

Closed on
Dec 20, 2021
Sold by
173 Avery Creek Road Arden Llc
Bought by
Arboretum Estates Llc

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 8, 2021
Sold by
Central West Llc
Bought by
173 Avery Creek Road Arden Llc
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Marilyn Wright
Premier Sotheby’s International Realty
List Price
$4,950,000
Sold Price
$5,250,000
Premium/Discount to List
$300,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.80%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Elliston Roger D and Elliston Bruce E
Bought by
Central West Llc

Purchase Details

Closed on
Aug 17, 2012
Sold by
Elliston M B
Bought by
Melvin B Elliston Trust

Purchase Details

Closed on
Dec 13, 2006
Sold by
Elliston M B and Elliston Margaret D
Bought by
Rogers Time Llc and Winston Three Llc

Purchase Details

Closed on
Oct 24, 1997
Sold by
Elliston M B
Bought by
Elliston
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $5,250,000 None Available
Special Warranty Deed -- None Available
Deed -- --
Warranty Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $14,850,000 +182.9% --
10/18/2021 10/18/21 Sold $5,250,000 +6.1% $1,579 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $4,950,000 -- $1,489 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,107 $667,100 $144,500 $522,600
2022 $3,909 $667,100 $0 $0
2021 $3,909 $667,100 $0 $0
2020 $3,398 $539,400 $0 $0
2019 $3,398 $539,400 $0 $0
2018 $3,398 $539,400 $0 $0
2017 $3,398 $390,800 $0 $0
2016 $2,716 $390,800 $0 $0
2015 $2,716 $390,800 $0 $0
2014 $2,716 $390,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3742527

Canopy MLS (Canopy Realtor® Association)

APN: 9634-12-2996-00000