NOT LISTED FOR SALE

197 Cherry Knob Dr Mars Hill, NC 28754

Burnsville Area

Estimated Value: $1,255,444

4 Beds
5.5 Baths
3,607 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2026

Last sale price $1,305,000 $362 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,731 / mo

286 Days on Market

Highlights

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

About This Home

As of May 2026

Welcome to 197 Cherry Knob, a mountaintop masterpiece in the prestigious, gated Wolf Laurel community, where luxury and comfort meet in a 5,300 acre natural sanctuary, surrounded by the Pisgah National Forest, SE Trust Land and the Mars Hill Watershed. This custom-designed retreat offers an open-concept layout with sweeping long-range mountain views from nearly every room. Designed for effortless everyday living, the main level features three spacious bedrooms, each with its own ensuite bath, providing privacy and refinement for residents and guests alike. The light-filled great room flows onto a full-length deck, ideal for entertaining, dining al fresco, or quiet mornings above the clouds. An elevator connects all levels, leading to a lower-level haven with stylish bar and wine cellar, a second primary suite with lavish ensuite and generous walk-in closet, plus a dedicated office with custom built-ins and full bath. Home offered turn key.
Set in Wolf Laurel, residents enjoy a true four-season lifestyle surrounded by cool high-elevation air, protected mountain vistas, and abundant recreation. Optional Village Club membership provides access to the pool, sports courts, pickleball, tennis, playground, outdoor pavilion, stocked trout pond, and event center. Optional Wolf Laurel Country Club membership adds an acclaimed 5-star golf course, 24-hour fitness center, restaurant, and bar. Enjoy 50 miles of internal hiking trails, or step onto the Appalachian Trail from multiple community access points. Be sure to take advantage of the new Hatley Ski Resort with year-round dining at Smoke & Timber and a downhill bike park slated for spring 2026. Everyday conveniences can be found close by in the nearby towns of Mars Hill (15 minutes), Weaverville (25 minutes), Burnsville (20 minutes) Asheville (45 minutes), and Johnson City, TN (45 minutes). Both with regional airports. Come see why they call us the Jewel of the Blue Ridge Mountain.
***This home is located within The Ridges HOA governance which does not allow short or long term rentals***

Last Agent to Sell the Property

Carrie Lee Hoffman

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

RE/MAX Executive

Last Buyer's Agent

Jennifer Campbell-Overbeeke

Premier Sotheby’s International Realty License #337408

Premier Sotheby’s International Realty
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.45 Acre Lot
  • 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
  • Gas Log Fireplace
  • Propane Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1.45 Acres

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,Rental – See Restrictions Description,Signage,Square Feet,Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: The Ridges CCR's No leasing permitted per HOA/CCRs
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 361.80
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: carrieleehoffman@remax.net
  • Special Features: VirtualTour

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
  • 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
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Balcony, Covered, Deck, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • 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 Units: Acres
  • Parcel Number: 986100997846000
  • Plat Reference Section Pages: 4/781
  • Development Status: Completed
  • Lot Size Acres: 1.45
  • Additional Parcels: No
  • Zoning Specification: R-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2025
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Carrie Lee Hoffman
RE/MAX Executive
Buyer's Agent
Jennifer Campbell-Overbeeke
Premier Sotheby’s International Realty
List Price
$1,450,000
Sold Price
$1,305,000
Premium/Discount to List
-$145,000
-10%
Views
123
Current Estimated Value
$1,255,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,556
Avg. Annual Appreciation
-16.14%

Purchase Details

Closed on
Mar 30, 2004
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,305,000 None Listed On Document
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $1,305,000 -10.0% $362 / Sq Ft
11/21/2025 11/21/25 For Sale $1,450,000 +11.1% $402 / Sq Ft
09/30/2025 09/30/25 Off Market $1,305,000 -- --
06/15/2025 06/15/25 For Sale $1,450,000 -- $402 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,977 $697,700 $99,800 $597,900
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

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Map

Source: Canopy MLS

MLS Number: 4271284

Canopy MLS

APN: 986100997846.000

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