$2,874,000
$100K PRICE DROP

55 Edgewood Road Extension Asheville, NC 28803

Estimated payment $15,715/month

Total Views 7,377
3 Beds
5 Baths
6,115 Sq Ft
$470 Price per Sq Ft

Highlights

  • In Ground Pool
  • Open Floorplan
  • Private Lot
  • T.C. Roberson High School Rated A
  • Deck
  • Wooded Lot

About This Home

Experience the Pinnacle of Mountain Living! Nestled on an expansive 6.76 serene acres—a rare offering of both space and privacy—this luxurious estate captures the charm of forested tranquility while delivering unmatched convenience just minutes from downtown Asheville. With direct access to the scenic Mountain-to-Sea Trail, outdoor adventures await just beyond your doorstep. Architectural Brilliance Meets Natural Beauty. Designed for both comfort and elegance, the home’s soaring vaulted great room is embraced by walls of windows that frame lush, wooded views and allow natural light to flood the space. A dramatic stone fireplace anchors the living area, creating a striking focal point that adds warmth and character. A Chef’s Dream & Entertainer’s Delight! The sophisticated chef’s kitchen features a grand center island, rich designer lighting, and premium appliances including a brand new luxury grade Thermador refrigerator—perfect for culinary creativity and casual gatherings alike. Seamlessly adjoining the living areas, it’s an entertainer’s dream. Serene Retreat on the Main Level. The primary suite—conveniently located on the main level—offers peaceful seclusion and an indulgent, spa-like bath designed for ultimate relaxation. Two beautifully appointed upstairs ensuite bedrooms offer elegance, comfort, and versatility. Versatile Lower-Level Living. A fully-finished lower level adds significant living space and functionality, including a guest suite, fireplace, kitchenette for convenience and a fitness room tailored for wellness and enjoyment. Exceptional Outdoor Living & Entertainment. Outdoor living is elevated by a screened porch, a fully appointed outdoor kitchen, and a resort-style pool complete with a mesmerizing cascading waterfall. Whether hosting large gatherings or enjoying quiet, family time, this property invites you to savor nature in style. Thoughtful Extras for Comfort and Convenience. High-end additions extend beyond aesthetics— a generator for peace of mind, dual Rinnai tankless hot water heaters for efficiency, and a dedicated golf cart garage, recent updates include a brand-new roof. Impeccable Craftsmanship and Lifestyle-Spanning approximately 6,115 square feet of thoughtfully designed living space, this home was built with timeless quality. A 2-car garage, plus golf cart garage, circular driveway, and hardboard siding enhance both form and function. Prime Location & Top-Rated Schools. Quiet and private yet centrally located, the home is served by Buncombe County Schools, including Estes/Koontz Elementary, Valley Springs Middle, and T.C. Roberson High—each known for strong educational programs. Unmatched Flexibility & Future Potential & Opportunity. A rare and valuable feature of this property is the inclusion of two separately surveyed lots, offering exceptional versatility for future use. Whether you're envisioning a family compound, an additional guest residence, or simply securing long-term investment potential to redevelop later or explore future resale strategies, this added acreage opens the door to a variety of possibilities and enhances the property’s investment appeal. With no HOA and no restrictive covenants, the property is free from the limitations that often come with community developments. This creates an outstanding opportunity for use as a luxury short-term rental, a private retreat, or even a multi-generational estate. The existing layout, resort-style amenities, and proximity to downtown Asheville make it an ideal candidate for discerning investors seeking both lifestyle and income-producing potential. A World Apart, Yet Moments from Downtown! This exclusive estate offers a rare combination of peaceful mountain living and seamless access to Asheville’s vibrant culture, dining, and arts—providing both refuge and connection in one idyllic setting!

Listing Agent

Leslie Elliott

Allen Tate/Beverly-Hanks Asheville-Biltmore Park Brokerage Email: leslie.elliott@allentate.com License #264565 Listed on: 05/08/2025

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Partially Fenced Property
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Circular Driveway
  • Golf Cart Garage

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Marble Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Finished Basement

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

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Kitchen

Schools

  • Estes/Koontz Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9656-46-8500-00000

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Restrictions: No Restrictions
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 469.99
  • Geocode Confidence: High
  • Attribution Contact: leslie.elliott@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Interior Amenities: Built-in Features, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2783
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 663
  • Sq Ft Unheated Total: 1031
  • Sq Ft Unheated Upper: 368
  • Sq Ft Upper: 1212
  • Appliances: Bar Fridge, Dishwasher, Disposal, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 3995
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2120
  • Fireplace Features: Gas, Great Room, Living Room
  • Living Area: 6115
  • Bedroom Main: 1
  • Room Count: 10
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Outdoor Kitchen, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial
  • Pool Features: Fenced, In Ground, Outdoor Pool
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 578
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Circular Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Golf Cart Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Lower Level
  • Security: Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Area: 6.76
  • Lot Size Units: Acres
  • Parcel Number: 9656-46-8500-00000
  • Zoning: RES
  • Additional Parcels: No
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Map

Range of Values:

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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
2024 -- $811,400 $89,900 $721,500
2023 $4,836 $811,400 $89,900 $721,500
2022 $4,755 $811,400 $0 $0
2021 $4,586 $782,600 $0 $0
2020 $3,907 $620,100 $0 $0
2019 $3,907 $620,100 $0 $0
2018 $3,623 $575,000 $0 $0
2017 $3,623 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $2,874,000 -3.4% $470 / Sq Ft
05/08/2025 05/08/25 For Sale $2,974,000 -- $486 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Credit Line Revolving
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4256577

Canopy MLS (Canopy Realtor® Association)

APN: 9656-46-8500-00000