$1,625,000
SOLD JUN 30, 2025

48 Walter Morgan Dr Asheville, NC 28803

4 Beds
3 Baths
2,785 Sq Ft
6 Acres

Recently Sold

$583 Per Sq Ft

5% Above List Price

11 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • 2 Car Attached Garage
  • Glen Arden Elementary School Rated A-
  • Workshop
  • Laundry Room

About This Home

As of June 2025

Nestled on approximately 6 private acres, this exceptional estate offers two purchase options: the fully renovated main residence alone or the complete package including a charming 2 bedroom guest cottage. The main home features 4 bedrooms, a top to studs overhaul with upscale finishes, a sparkling pool, and a dedicated space for animals such as chickens, or a pig also a place to park an RV. A two car garage with a built in workshop provides ample storage and workspace. Inside, an open floor plan showcases a chefs kitchen, spa inspired baths, gleaming hardwoods, and abundant natural light. The separate guest cottage boasts 3 bedrooms and a cozy living area perfect for short term rental income or multigenerational living. Experience the rare combination of luxury, versatility, and serenity in one turnkey property.

Last Agent to Sell the Property

Viv Snyder

Allen Tate/Beverly-Hanks Asheville-Biltmore Park Brokerage Email: viv.snyder@allentate.com License #156605 Listed on: 05/08/2025

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Heidi DuBose

Unique: A Real Estate Collective License #255754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1987

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Metal Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Basement
  • Workshop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Glen Arden/Koontz Elementary School
  • Cane Creek Middle School
  • T.C. Roberson High School

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • In Ground Pool
  • Property is zoned R-3

Listing and Financial Details

  • Assessor Parcel Number 9665-43-8046-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Other - See Remarks
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 361.43
  • Geocode Confidence: High
  • Attribution Contact: viv.snyder@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1210
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 553
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 553
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1575
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2785
  • Has Basement: Basement Garage Door, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 2785
  • Bedroom Main: 1
  • Room Count: 1
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Pool Features: In Ground
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Lower Level
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 6.2
  • Lot Size Units: Acres
  • Parcel Number: 9665-43-8046-00000
  • Plat Reference Section Pages: 52-147
  • Additional Parcels: No
  • Zoning Specification: R-3

MLS Schools

  • Elementary School: Glen Arden/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 20, 2025
Sold by
Gregg-Sanders Jayant L R and Gregg-Sanders Jayant R
Bought by
Goldhurst Grove Llc
Seller's Agent
Viv Snyder
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Heidi DuBose
Unique: A Real Estate Collective
List Price
$1,550,000
Sold Price
$1,625,000
Premium/Discount to List
$75,000
4.84%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.79%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jul 15, 2020
Sold by
Green Donna M and Green Harley M
Bought by
Gregg Sanders Jayant R and Sanders Kristen M
Seller's Agent
David Reynolds
Move Asheville Realty
Buyer's Agent
David Reynolds
Move Asheville Realty
List Price
$400,000
Sold Price
$387,000
Premium/Discount to List
-$13,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.55%
Original Mortgage
$507,609
Interest Rate
3.1%
Mortgage Type
Construction
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 $1,625,000 None Listed On Document
Warranty Deed $1,625,000 None Listed On Document
Warranty Deed $387,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $520,000 New Conventional
Previous Owner $507,609 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,625,000 +4.8% $583 / Sq Ft
05/08/2025 05/08/25 For Sale $1,550,000 +300.5% $557 / Sq Ft
07/15/2020 07/15/20 Sold $387,000 -3.3% $161 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $400,000 0.0% $166 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $400,000 -- $166 / 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 $2,470 $401,200 $82,500 $318,700
2022 $2,351 $401,200 $0 $0
2021 $2,104 $359,000 $0 $0
2020 $2,177 $345,500 $0 $0
2019 $2,177 $345,500 $0 $0
2018 $2,177 $345,500 $0 $0
2017 $2,177 $314,200 $0 $0
2016 $2,184 $314,200 $0 $0
2015 $2,184 $314,200 $0 $0
2014 $2,184 $314,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4257054

Canopy MLS (Canopy Realtor® Association)

APN: 9665-43-8046-00000