For Sale $750,000
Experience mountain luxury at its finest—and now at a newly reduced price! Welcome to 40 Mountain Shadows, where privacy, sophistication, and convenience meet in perfect harmony. Nestled on a peaceful, tree-lined street among other distinguished homes, this retreat places you just minutes from downtown Asheville’s vibrant dining scene, boutique shopping, and renowned medical centers. Step inside and be greeted by soaring ceilings, abundant natural light, and an open, inviting layout perfect for both grand entertaining and everyday comfort. The kitchen flows effortlessly into the elegant dining area and stately living room, blending timeless craftsmanship with modern design. On the main level, the primary suite offers a serene space for rest and renewal, joined by two spacious guest bedrooms. Upstairs, a versatile suite with an en-suite bath and walk-in closet provides amazing flexibility—ideal for a second primary, home office, or media room. Two expansive attic spaces, including one partially finished, give you endless opportunities for customization. The walk-out lower level adds even more living potential with a generous family room, two rooms with closets, a full bath, and a stylish kitchenette—perfect for extended family, guests, or entertainment. Car enthusiasts and hobbyists will love the -2-oversized garages with ample storage and workshop options. Outdoors, multiple covered porches, a scenic patio, and a manicured lawn create a backdrop for gatherings or peaceful moments surrounded by nature. And here’s the perfect finishing touch—two charming wood-burning fireplaces to warm your evenings all year round. Now offered at a reduced price, this is your opportunity to own refined mountain living just minutes from the heart of Asheville.
| List Price: | $750,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1855 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4306216 |
| Subdivision: | Mountain Shadows |
| Style: | Arts and Crafts |
| Bathrooms: | 4 |
| Lot Description: | Green Area |
| Year Built: | 2006 |
| Sewer Type: | Septic Installed |
| Elementary: | Leicester/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
| Date | Event | Price | $/SQFT |
| 11-16-2025 | Price Decrease | $750,000-1.57% | $405 |
| 10-30-2025 | Listed | $762,000 | $411 |
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.
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 | $750,000 | days | |
| 207 Emily Lane, Leicester NC | 0.2 mi | $600,000 | days | |
| 101 Michael Court, Leicester NC | 0.3 mi | $449,000 | days | |
| 110 Michael Court, Leicester NC | 0.3 mi | $729,000 | days | |
| 218 Walt Haven Drive, Leicester NC | 0.3 mi | $290,000 | days | |
| 208 Sycamore Farm Road, Leicester NC | 0.4 mi | $379,000 | 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 Grateful Mindset Properties
40 Mountain Shadows Drive, Leicester NC is a 1855 ft2 on a 1.010 acres lot. This is for $750,000. This has 3 bedrooms, 4 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2025-10-30 11:31:40 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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