$799,000
$151K PRICE DROP

98 Sovereign Ln Fairview, NC 28730

Fairview Area

Estimated payment $4,849/month

Total Views 4,475
4 Beds
2.5 Baths
3,418 Sq Ft
$234 Price per Sq Ft

Highlights

  • Gated Community
  • Built-In Double Oven
  • Multiple cooling system units
  • Wood Flooring
  • 2 Car Attached Garage
  • Community Playground

About This Home

Set in gated Monarch Estates in Fairview’s scenic Cane Creek Valley, 98 Sovereign Lane offers spacious living, seasonal mountain views, and flexible space just minutes from Asheville. This 4-bedroom, 2.5-bath home features approximately 3,418 square feet of finished living space, a main-level primary bedroom, a full daylight walkout basement, and a two-car garage. The entry opens across beautifully restored black walnut floors to a dramatic two-story living room filled with natural light. Tall windows frame the surrounding landscape, while a propane fireplace creates a warm focal point for everyday living and entertaining. The oversized kitchen is designed for both function and gathering, with granite countertops, stainless steel appliances, an induction cooktop, double ovens, generous cabinetry, and abundant workspace. Adjoining breakfast and dining areas provide comfortable options for casual meals or hosting guests.
The main-level primary bedroom supports convenient one-level living, with a full bath and laundry also located on the first floor. Upstairs, three additional bedrooms and a full bath offer space for family, guests, home offices, or hobbies. The full daylight walkout basement is already framed and offers excellent potential for a home gym, workshop, media room, studio, recreation area, or future finished space, subject to permitting. Fresh interior and exterior paint, new carpet, restored flooring, and an approximately 0.77-acre homesite add to the appeal. Monarch Estates offers gated entry, underground utilities, a picnic area, and a playground. For buyers searching for a Fairview home with mountain views, a main-level primary suite, basement potential, and convenient access to Asheville, this residence presents a compelling opportunity.

Listing Agent

Kim Montini

Carolina Mountain Sales Brokerage Email: kim.montini@carolinamountainsales.com License #290423 Listed on: 12/01/2025

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 33,541 Sq Ft Lot
  • Level Lot
  • Property is zoned OU

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

  • Architectural Shingle Roof
  • Stone Siding
  • Hardboard
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Propane Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Induction Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

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

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9684-76-2569-00000

Community Details

Overview

  • Peter Musser Association
  • Monarch Estates Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0.77 Acres

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 233.76
  • Geocode Confidence: High
  • Attribution Contact: kim.montini@carolinamountainsales.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2099
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2088
  • Sq Ft Unheated Total: 2088
  • Sq Ft Upper: 1319
  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Water Heater, Induction Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 3418
  • Has Basement: Daylight, Full, Interior Entry, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Propane
  • Living Area: 3418
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Pool Private: No
  • Exclusions: 3 freezers in basement, safe and piano in garage
  • Construction Type: Hard Stucco, Hardboard Siding, Stone

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump, Multi Units
  • Utilities: Cable Available, Propane, Underground Power Lines, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Playground
  • Association Fee: 1150
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Peter Musser
  • Association: Yes
  • Association Email: pete.musser@gmail.com

Association/Amenities

  • Association Annual Expense: 1150.00

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 9684-76-2569-00000
  • Plat Reference Section Pages: 149-145
  • Lot Size Acres: 0.77
  • Additional Parcels: No
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

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

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 $4,236 $625,100 $57,100 $568,000
2024 $4,236 $625,100 $57,100 $568,000
2023 $4,236 $625,100 $57,100 $568,000
2022 $3,957 $625,100 $0 $0
2021 $3,957 $625,100 $0 $0
2020 $3,491 $517,900 $0 $0
2019 $3,491 $517,900 $0 $0
2018 $3,335 $517,900 $0 $0
2017 $3,335 $415,500 $0 $0
2016 $2,946 $415,500 $0 $0
2015 $2,946 $415,500 $0 $0
2014 $2,946 $415,500 $0 $0
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
07/17/2026 07/17/26 Price Changed $799,000 -8.7% $234 / Sq Ft
05/18/2026 05/18/26 Price Changed $875,000 -2.2% $256 / Sq Ft
04/13/2026 04/13/26 Price Changed $895,000 -5.8% $262 / Sq Ft
12/01/2025 12/01/25 For Sale $950,000 -- $278 / 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 $5,000 None Available
Special Warranty Deed $235,000 None Available
Trustee Deed $259,600 None Available
Warranty Deed $144,000 None Available
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 Loan Amount Loan Type
Open $283,200 Credit Line Revolving
Closed $284,000 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $220,000 New Conventional
Previous Owner $220,000 Future Advance Clause Open End Mortgage
Previous Owner $95,000 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS

MLS Number: 4326130

Canopy MLS

APN: 9684-76-2569-00000

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