For Sale $849,000
Set on nearly 2 acres in the highly sought-after Franklin Farm community, this expansive 3,600 sq ft home delivers a rare blend of privacy, versatility, and modern convenience—just minutes from South Asheville’s shopping, dining, and amenities. What truly makes this property stand out is its fully finished, walk-out basement featuring its own private entrance and a second kitchen. This spacious lower level is ideal for multigenerational living, offering parents or in-laws their own private suite complete with living area, full bath, and kitchen facilities. The separate entrance and self-contained layout also create excellent income potential as a short-term rental, long-term guest quarters, or even a private in-law apartment—perfect for families who want everyone together yet independent. On the main level, the thoughtfully designed layout welcomes you with a formal dining room, a dedicated home office, and a cozy den that flows seamlessly onto an elevated deck. Enjoy peaceful views of the wooded surroundings and open space beyond while sipping morning coffee or entertaining friends. The well-appointed kitchen and generous living spaces make everyday life effortless and enjoyable. Upstairs, you’ll discover three spacious bedrooms and a large versatile bonus room that can easily serve as a media room, home gym, craft space, or additional home office. Outside, the large, usable yard is framed by mature trees and offers plenty of room for gardening, play, or outdoor gatherings—something increasingly rare this close to town. Additional features include a two-car garage, abundant storage, and functional living space across all three levels. This exceptional home provides the perfect balance of Western North Carolina lifestyle and long-term flexibility. Whether you’re looking for room to grow with extended family or the opportunity to generate supplemental income, this Franklin Farm gem delivers outstanding value in a location you’ll love coming home to every day.
Fire Pit
Storage, Walk-In Closet(s)
| List Price: | $849,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1387 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4366172 |
| Subdivision: | Franklin Farm |
| Style: | Traditional |
| Bathrooms: | 4 |
| Lot Description: | Sloped, Wooded |
| Year Built: | 1992 |
| Sewer Type: | Septic Installed |
| Elementary: | Fairview |
| Middle: | Cane Creek |
| High: | AC Reynolds |
| Date | Event | Price | $/SQFT |
| 07-23-2026 | Price Decrease | $849,000-1.85% | $613 |
| 07-12-2026 | Price Decrease | $865,000-1.59% | $624 |
| 06-19-2026 | Price Decrease | $879,000-2.22% | $634 |
| 05-30-2026 | Listed | $899,000 | $649 |
| 09-09-2025 | Price Decrease | $399,900-2.46% | $289 |
| 08-11-2025 | Price Decrease | $410,000-1.20% | $296 |
| 07-16-2025 | Listed | $415,000 | $300 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 3 miles | KG-05 | 7 |
| William W Estes Elementary | 6 miles | KG-05 | 8 |
| Fletcher Elementary | 6 miles | KG-05 | 9 |
| Oakley Elementary | 7 miles | KG-05 | 4 |
| ArtSpace Charter School | 8 miles | KG-06 | 8 |
| Charles C Bell Elementary | 8 miles | KG-05 | 8 |
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.
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 |
| 32 Franklin Farm Road, Fletcher NC | 0 mi | $849,000 | days | |
| 13 Spring Lake Drive, Fletcher NC | 0.1 mi | $400,000 | days | |
| 6 Gun Flint Trail, Fletcher NC | 0.2 mi | $395,000 | days | |
| 234 Gravely Branch Road, Fletcher NC | 0.4 mi | $675,000 | days | |
| 1720 Cane Creek Road, Fletcher NC | 0.4 mi | $520,000 | days | |
| 133 Golden Pasture Drive, Fletcher NC | 0.5 mi | $1,495,000 | days |
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 |
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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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
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.
A Courtesy Listing Provided By Walnut Cove Realty/Allen Tate/Beverly-Hanks
32 Franklin Farm Road, Fletcher NC is a 1387 ft2 on a 1.860 acres lot. This is for $849,000. This has 3 bedrooms, 4 baths, and was built in 1992.
Based on information submitted to the MLS GRID as of 2026-05-30 10:00:28 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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