$1,250,000
$200K PRICE DROP

40 River Run Asheville, NC 28804

Estimated payment $8,219/month

Total Views 13,119
3 Beds
2.5 Baths
2,330 Sq Ft
$536 Price per Sq Ft

Highlights

  • Water Views
  • Solar Power System
  • Wood Flooring
  • West Buncombe Elementary School Rated A-
  • Deck
  • Laundry Room

About This Home

Set along a remarkably peaceful stretch of the French Broad River, 40 River Run offers a living experience that feels deeply connected to the rhythm of nature. From the moment you step inside, the sound of rushing water and gentle rapids becomes part of the home itself—creating a calm, grounding backdrop that changes with the seasons yet never loses its presence. Spend your mornings on the deck watching mist rise off the river while bald eagles glide overhead and dive for fish just beyond the shoreline. Evenings are slower here, shaped by sunsets reflecting across the water and the quiet stillness that settles in at dusk. Tucked within one of Asheville’s most thoughtfully designed agrihood communities, residents enjoy miles of walking trails, community gardens, shared river access, open green space, and a lifestyle centered around connection, simplicity, and the outdoors. Whether it’s fishing, swimming, kayaking, watching wildlife wander the riverbanks, or simply sitting still and listening to the water, this property invites you to experience the natural beauty of Western North Carolina in a way few homes can. Inside, the 2,331 sqft home blends warmth, comfort, and intentional craftsmanship. Heated floors, a Sonos sound system, circulation tub, and thoughtfully designed living spaces create an atmosphere that feels both elevated and relaxed. A spacious workshop offers flexibility for woodworking, storage, hobbies, or creative pursuits. Designed with sustainability and efficiency in mind, the home features geothermal HVAC, an indoor solar battery system, rainwater collection, minimal propane usage, and an impressive HERS Rating of 52. Importantly, the property is not located within a flood plain and experienced no flooding or damage from Hurricane Helene. 40 River Run is more than a home—it’s the feeling of being immersed in the river, the mountains, and the quiet beauty of everyday life along the French Broad.

Listing Agent

Tucker Rhinehart

Keller Williams Mtn Partners, LLC Brokerage Email: tucker.r@kw.com License #317439 Listed on: 11/07/2025

Keller Williams Mtn Partners, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned R3

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • Attached Carport

Property Views

  • Water
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Laundry Room

Kitchen

  • Induction Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Fire Pit

Schools

  • West Buncombe/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Geothermal Heating and Cooling
  • Propane
  • Tankless Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 9721-73-4393-00000

Community Details

Overview

  • Community Association Management First Services Association, Phone Number (828) 565-1226
  • Olivette Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

6,098 Sq Ft Lot

HOA Fees

$204 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 536.48
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: tucker.r@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1165
  • 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: Dishwasher, Exhaust Hood, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1165
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1165
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas
  • Living Area: 2330
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 2
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Long Range, Mountain(s), Water, Year Round
  • Construction Type: Hard Stucco, Wood
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Geothermal
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Geothermal
  • Utilities: Fiber Optics, Propane, Solar
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Picnic Area, Walking Trails
  • Association Fee: 1225
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Management First Services
  • Phone: 828-565-1226
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views
  • Lot Size Units: Acres
  • Parcel Number: 9721-73-4393-00000
  • Lot Size Acres: 0.14
  • Additional Parcels: No
  • Zoning Specification: R3

MLS Schools

  • Elementary School: West Buncombe/Eblen
  • High School: Clyde A Erwin

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 -- $755,400 $156,400 $599,000
2024 -- $755,400 $156,400 $599,000
2023 $7,275 $755,400 $156,400 $599,000
2022 $7,199 $755,400 $0 $0
2021 $7,109 $746,000 $0 $0
2020 $6,701 $670,800 $0 $0
2019 $631 $63,200 $0 $0
2018 $593 $63,200 $0 $0
2017 $593 $63,200 $0 $0
2016 $650 $63,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2026 05/25/26 Price Changed $1,250,000 -3.5% $536 / Sq Ft
04/27/2026 04/27/26 Price Changed $1,295,000 -1.1% $556 / Sq Ft
04/16/2026 04/16/26 Price Changed $1,310,000 -3.0% $562 / Sq Ft
04/03/2026 04/03/26 Price Changed $1,350,000 -2.9% $579 / Sq Ft
03/18/2026 03/18/26 Price Changed $1,390,000 -0.7% $597 / Sq Ft
02/11/2026 02/11/26 Price Changed $1,400,000 -1.8% $601 / Sq Ft
12/02/2025 12/02/25 Price Changed $1,425,000 -1.7% $612 / Sq Ft
11/07/2025 11/07/25 For Sale $1,450,000 +24.5% $622 / Sq Ft
11/22/2021 11/22/21 Sold $1,165,000 -6.4% $501 / Sq Ft View Prior Sale
10/12/2021 10/12/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $1,245,000 -3.9% $535 / Sq Ft
09/19/2021 09/19/21 For Sale $1,295,000 -- $557 / Sq Ft
Source: Canopy MLS

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 Type Sale Price Title Company
Warranty Deed $1,165,000 None Available
Source: Public Records

Source: Canopy MLS

MLS Number: 4319069

Canopy MLS

APN: 9721-73-4393-00000

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