217 Flint Hill Road, Alexander NC
- 2 Bed
- 2 Bath
- 952 ft2
- 25.7 ac
For Sale $1,299,000
Remarks:
Pegasus Hill Farm is a 25-acre equestrian estate. Discover Pegasus Hill Farm, an established 25-acre equestrian estate in the picturesque countryside of Alexander, just outside Asheville, N.C. Thoughtfully developed for professional and private equestrian pursuits, this distinctive property combines exceptional riding facilities, pastoral beauty and comfortable residential living. Completed in December 2017, the impressive equestrian barn offers approximately 18 stalls, a climate-conditioned office, tack room, feed room and laundry facilities, an interior horse wash stall with hot and cold water, and additional outdoor wash stalls. Storage and conditioned space is above the barn. Outstanding riding amenities include a spacious covered arena and a 200-by-120-foot lighted outdoor arena, both featuring premium GGT (German Geo Textile) footing and sprinkler systems for footing maintenance and dust control. A dedicated flat arena, fenced pastures, turnout paddocks and additional pasture suitable for riding further enhance the property's versatility. Currently accommodating horse boarding and riding lessons, Pegasus Hill Farm presents a compelling opportunity for equestrian professionals, trainers, and private horse enthusiasts or future home/estate development. Complementing the equestrian facilities is a charming single-level residence built in 2019, featuring two bedrooms, a den and one-and-a-half baths. Overlooking the equestrian grounds, the residence offers a wonderful connection to the beauty and daily activity of the farm. Whether continuing its established equestrian use or creating a private equestrian retreat, Pegasus Hill Farm offers a distinctive opportunity to embrace the equestrian lifestyle in Western North Carolina, convenient to Asheville and Tryon, N.C. Pisgah, Biltmore and more.
Exterior Features:
Fence, Fire Pit, In-Ground Irrigation, Other - See Remarks
General Information:
| List Price: | $1,299,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 952 sqft |
| Parking: | Driveway, RV Access/Parking |
| MLS Number: | CAR4432017 |
| Subdivision: | None |
| Style: | Barndominium, Cottage, Farmhouse, Transitional |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Level, Pasture, Private, Rolling Slope, Views |
| Year Built: | 2018 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | North Buncombe |
| Middle: | North Buncombe |
| High: | North Buncombe |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-19-2026 | Listed | $1,299,000 | $1,365 |
| 02-02-2026 | Under Contract | $900,000 | $946 |
| 01-30-2026 | Listed | $900,000 | $946 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Mars Hill Elementary School | 8 miles | KG-05 | 8 |
| Ira B Jones Elementary | 8 miles | PK-05 | 8 |
| Brush Creek Elementary School | 9 miles | KG-05 | 7 |
| Claxton Elementary | 10 miles | KG-05 | 6 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 217 Flint Hill Road, Alexander NC | 0 mi | $1,299,000 | days | |
| 56 Donna Lane, Alexander NC | 0.3 mi | $687,000 | days | |
| 56 and 58 Donna Lane, Alexander NC | 0.3 mi | $837,000 | days | |
| 76 Murray Debruhl Road, Alexander NC | 0.4 mi | $1,099,000 | days | |
| 23 Lela Lane, Alexander NC | 0.6 mi | $225,000 | days | |
| 27 Lela Lane, Alexander NC | 0.6 mi | $179,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28701
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Premier Sotheby’s International Realty
217 Flint Hill Road, Alexander NC is a 952 ft2 on a 25.670 acres lot. This is for $1,299,000. This has 2 bedrooms, 2 baths, and was built in 2018.
Based on information submitted to the MLS GRID as of 2026-10-19 16:40:22 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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