40 Mountain Shadows Drive, Leicester NC
- 3 Bed
- 4 Bath
- 1855 ft2
- 1.0 ac
For Sale $695,000
Remarks:
Exceptional opportunity at 40 Mountain Shadows Drive. Set on more than an acre of usable land with year-round mountain views, this refined mountain residence offers a rare combination of privacy, sophistication, and convenience just minutes from downtown Asheville. Privately tucked within an established enclave, the property provides the ideal balance of quiet seclusion and quick access to acclaimed dining, boutique shopping, and premier medical facilities. Inside, soaring ceilings, abundant natural light, and timeless architectural details create a warm yet elegant atmosphere. The open-concept layout flows seamlessly from the gourmet kitchen to expansive living and dining areas, designed for both effortless everyday living and memorable entertaining. The main-level primary suite offers a true retreat, while the spacious upstairs en-suite with walk-in closet adds flexibility as a second primary suite, executive office, or private lounge. The walk-out lower level expands the home’s versatility with a large family room, vented gas fireplace, full bath, kitchenette, and additional flex spaces, ideal for extended guests, recreation, or multi-generational living. Outdoors, covered porches, a scenic patio, and manicured grounds frame the beautiful mountain setting, while dual oversized garages with workshop space provide exceptional utility. Opportunities of this caliber, offering privacy, scale, and proximity to Asheville, are increasingly rare. Explore 40 Mountain Shadows Drive from the comfort of home with a virtual tour, OPEN HOUSES- are virtual - or contact the listing agent to arrange a private in-person showing. Rent-to-own may also be available; inquire for details. FYI: Appraised value (see attached document is $908,700)
Exterior Features:
Other - See Remarks
Interior Features:
Attic Walk In
General Information:
| List Price: | $695,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1855 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4392638 |
| Subdivision: | Mountain Shadows |
| Style: | Arts and Crafts, Contemporary, Modern, Post and Beam, Traditional |
| Bathrooms: | 4 |
| Lot Description: | Green Area, Open Lot, Private, Rolling Slope, Views |
| Year Built: | 2006 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Leicester/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-22-2025 | Under Contract | $235,000-7.84% | $127 |
| 08-27-2025 | Listed | $255,000 | $138 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 6 miles | KG-05 | 9 |
| Francine Delany New School for Children | 7 miles | KG-06 | 9 |
| Isaac Dickson Elementary | 7 miles | PK-05 | 9 |
| Ira B Jones Elementary | 7 miles | PK-05 | 8 |
| Claxton Elementary | 8 miles | KG-05 | 6 |
| Hall Fletcher Elementary | 8 miles | PK-05 | 2 |
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 |
| 40 Mountain Shadows Drive, Leicester NC | 0 mi | $695,000 | days | |
| 54 Mountain Shadows Drive, Leicester NC | 0.1 mi | $1,500,000 | days | |
| 77 Sherry Lane, Leicester NC | 0.1 mi | $575,000 | days | |
| 118 Max View Drive, Leicester NC | 0.5 mi | $460,000 | days | |
| 65 Lawson Ridge Road, Leicester NC | 0.6 mi | $660,000 | days | |
| 16 Kinsale Drive, Leicester NC | 0.7 mi | $449,000 | 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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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28748
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Occupancy Types |
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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.
Property Listing Information
A Courtesy Listing Provided By Grateful Mindset Properties
40 Mountain Shadows Drive, Leicester NC is a 1855 ft2 on a 1.010 acres lot. This is for $695,000. This has 3 bedrooms, 4 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2026-06-29 10:30:26 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.
