$1,450,000
UNDER CONTRACT

197 Cherry Knob Dr Mars Hill, NC 28754

Estimated payment $8,671/month

Total Views 6,644
4 Beds
5.5 Baths
3,607 Sq Ft
$402 Price per Sq Ft

Highlights

  • Ski Accessible
  • Fitness Center
  • Open Floorplan
  • Golf Course Community
  • Rooftop Deck
  • Mountain View

About This Home

Welcome to 197 Cherry Knob, a mtn top masterpiece nestled in the prestigious Wolf Laurel community, where luxury & comfort converge in a 5,300 acre breathtaking natural setting. This custom-designed retreat showcases an open-concept layout w/sweeping long-range mtn views from nearly every room. Designed w/sophistication & ease of living in mind, Main L features 3 spacious bedrooms, each its own luxurious ensuite offering privacy & refinement for residents & guests alike. The light-filled GR opens to a full-length deck, ideal for entertaining or peaceful reflection above the clouds. An elevator effortlessly connects all levels of the home, delivering you to a world of indulgence below. Stylish bar & wine cellar anchor the entertainment space, 2nd primary suite w/lavish ensuite bath & generous walk-in closet creates an ideal guest or in-law retreat. A dedicated office w/ custom built-ins & a full bath further elevate the functionality & elegance of this home.
Home Offered Turn Key.

Listing Agent

Carrie Lee Hoffman

RE/MAX Executive Brokerage Email: carrieleehoffman@remax.net License #313970 Listed on: 06/15/2025

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 2006

Lot Details

  • Property is zoned R-2

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Cabin
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Propane Fireplace
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Wrap Around Porch
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Community Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 986100997846000

Community Details

Overview

  • The Ridges Home Owner Association
  • Wolf Laurel Subdivision
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 2006

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2006
  • Restrictions: Architectural Review,Building,Deed,Height,Livestock Restriction,Signage,Square Feet,Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: The Ridges CCR's Attached
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 402.00
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: carrieleehoffman@remax.net
  • Special Features: 4224

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Elevator, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2199
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Refrigerator with Ice Maker, Washer/Dryer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 2199
  • Accessibility Features: Two or More Access Exits, Elevator, Hall Width 36 Inches or More
  • Has Basement: Basement Garage Door, Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1408
  • Door Features: Screen Door(s), Sliding Doors
  • Fireplace Features: Family Room, Gas Log, Living Room, Outside, Propane, Wood Burning, Other - See Remarks
  • Living Area: 3607
  • Window Features: Window Treatments
  • Bedroom Main: 3
  • Room Count: 16
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 4000
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Balcony, Covered, Deck, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 566
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Central, Forced Air, Propane, Zoned
  • Sewer: Septic Installed
  • Laundry Features: In Hall, Laundry Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Utilities: Cable Connected, Electricity Connected, Underground Power Lines, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Gated, Golf, Outdoor Pool, Picnic Area, Playground, Pond, Putting Green, Recreation Area, Rooftop Terrace, Ski Slopes, Sport Court, Tennis Court(s), Walking Trails, Other
  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Ridges
  • Senior Community: No
  • Association Name: The Ridges Home Owner Association

Association/Amenities

  • Association Annual Expense: 6000.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 1.45
  • Lot Size Units: Acres
  • Parcel Number: 986100997846000
  • Plat Reference Section Pages: 4/781
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: R-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,977 $697,700 $99,800 $597,900
2023 $2,908 $447,380 $53,400 $393,980
2022 $2,850 $447,380 $53,400 $393,980
2021 $2,908 $447,380 $53,400 $393,980
2020 $2,908 $447,380 $53,400 $393,980
2019 $2,908 $447,380 $53,400 $393,980
2018 $2,908 $447,380 $53,400 $393,980
2017 $2,908 $447,380 $53,400 $393,980
2016 $2,908 $447,380 $53,400 $393,980
2015 $3,509 $638,000 $209,000 $429,000
2014 $3,509 $638,000 $209,000 $429,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 For Sale $1,450,000 -- $402 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Deed $125,000 --
Source: Public Records

Similar Homes in Mars Hill, NC

  • 2399 El Miner Dr, Mars Hill, NC 28754

    $1,300,000

    • 5 Beds
    • 5 Baths
    • 3,600 Sq Ft
    • 2399 El Miner Dr
    • Mars Hill, NC

    Meticulously maintained, solidly constructed & well insulated 3600 SqFt, 5BD/5BA Mtn retreat seamlessly blends indoor comfort w/outdoor living. Main lvl features a spacious primary suite, 2 add’l BDs, 3 BAs, laundry room & 2-car garage for everyday ease. The LL is designed for both relaxation & entertaining, w/living rm, wet bar, & 2 guest suites, each w/its own ensuite BA, LL laundry room & hot

    Carrie Lee Hoffman RE/MAX Executive

    Section Image
  • 404 Amanda Dr, Mars Hill, NC 28754

    $1,250,000

    • 4 Beds
    • 2.5 Baths
    • 3,058 Sq Ft
    • 404 Amanda Dr
    • Mars Hill, NC

    Thoughtful design and luminous spaces fill this Contemporary GreenBuilt NC home, perfectly placed on 5+acres just north of Asheville. Surrounded by nature above a meadow, picturesque views greet you in each room. With upgraded finishes throughout, attached greenhouse, on demand hot water, filtration system and generator, the concept of sustainability is artfully accomplished. The adjoining parcel

    Karon Korp Asheville Realty Group

    Section Image
  • 926 Settlers Trail, Mars Hill, NC 28754

    $1,250,000

    • 3 Beds
    • 2.5 Baths
    • 2,530 Sq Ft
    • 926 Settlers Trail
    • Mars Hill, NC

    Located in the private, gated community of Settlers Cove, just 10 minutes from Mars Hill, the home of Mars Hill University, and 20 minutes from vibrant Asheville. This 2,530 sq. ft. home offers the perfect blend of mountain charm and modern comfort. Designed by Don Gardner, The Wesley is a thoughtfully crafted two-story home with spacious living areas, natural light, and peaceful mountain living.

    Bradley Thomas NextHome Partners

    Section Image
  • 844 Settlers Trail, Mars Hill, NC 28754

    $1,350,000

    • 4 Beds
    • 4 Baths
    • 2,876 Sq Ft
    • 844 Settlers Trail
    • Mars Hill, NC

    Nestled in the gated community of Settlers Cove just ten minutes from charming Mars Hill, NC, and only 20 minutes from the vibrant heart of Asheville, this two-story Craftsman-style home is a masterclass in refined design and mountain comfort. Featuring four bedrooms, four bathrooms, and 2,876 square feet of finished living space, this meticulously designed Don Gardner “Somersby” series home

    Bradley Thomas NextHome Partners

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4271284

Canopy MLS (Canopy Realtor® Association)

APN: 986100997846.000