$1,190,000
$30K PRICE DROP

723 Merrills Cove Rd Asheville, NC 28803

Estimated payment $6,643/month

Total Views 5,506
4 Beds
2.5 Baths
2,807 Sq Ft
$424 Price per Sq Ft

Highlights

  • Open Floorplan
  • Private Lot
  • Traditional Architecture
  • Glen Arden Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

Tucked away on a spacious, wooded lot just 15 minutes from downtown Asheville, this beautifully maintained, original-owner home offers peace, privacy, and plenty of space. The main floor features a formal living room and an expansive den with vaulted ceilings, built-in bookcases, and a cozy fireplace. A dedicated dining room complements the well-appointed eat-in kitchen, with a large island, tile backsplash, solid wood cabinetry, and double sinks. The main-level primary suite offers a walk-in closet and spa-like bath with dual vanity, soaking tub, and tile shower. Upstairs, you'll find a versatile loft plus three additional bedrooms and a full bath. Enjoy walk-in attic access, mud/laundry room with utility sink, and unfinished basement for ample storage. Includes adjacent 4.73-acre wooded parcel featuring a homesite near the top with magnificent mountain views — perfect for building your dream home or holding as a future investment. See 4249299 listing without additional land parcel.

Listing Agent

Mark Mennone

Keller Williams Professionals Brokerage Email: mark@fireflyrealty.com License #346846 Listed on: 04/21/2025

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1993

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Additional Parcels
  • Property is zoned R-LD

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Propane Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Crawl Space
  • Basement Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Covered patio or porch

Community Details

  • Chuck Lockwood Association, Phone Number (828) 989-9519
  • Merrills Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9666-71-8856-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1993

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1993
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: No active HOA; road maintenance agreement only.
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 423.94
  • Geocode Confidence: High
  • Attribution Contact: mark@fireflyrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1856
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1052
  • Sq Ft Unheated Total: 1052
  • Sq Ft Upper: 951
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2807
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Gas Log, Propane
  • Living Area: 2807
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 13

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Cedar Shake, Wood
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 534
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Main Level
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 135
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Chuck Lockwood
  • Phone: 828-989-9519

Association/Amenities

  • Association Annual Expense: 135.00

Schools

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

Lot Info

  • Lot Features: Private, Sloped, Wooded
  • Lot Size Area: 11.36
  • Lot Size Units: Acres
  • Parcel Number: 9666-71-8856-00000
  • Zoning: R-LD
  • Plat Book Slide: 0217/0004
  • Plat Reference Section Pages: 0217/0004
  • Additional Parcels Description: 9666-82-1158-00000
  • Additional Parcels: Yes
  • Zoning Specification: R-LD

MLS Schools

  • Elementary School: Glen Arden/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
2023 $708 $588,500 $121,500 $467,000
2022 $3,533 $588,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $975,000 -18.1% $347 / Sq Ft
05/30/2025 05/30/25 Price Changed $1,190,000 +19.6% $424 / Sq Ft
04/21/2025 04/21/25 For Sale $995,000 -18.4% $354 / Sq Ft
04/21/2025 04/21/25 For Sale $1,220,000 -- $435 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4246569

Canopy MLS (Canopy Realtor® Association)

APN: 9666-71-8856-00000