40 Mountain Shadows Drive, Leicester NC

  • 3 Bed
  • 4 Bath
  • 1855 ft2
  • 1.0 ac

For Sale $750,000

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Remarks:

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.

General Information:

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

Assigned Schools:

Elementary: Leicester/Eblen
Middle: Clyde A Erwin
High: Clyde A Erwin

Price & Sales History

Date Event Price $/SQFT
11-16-2025 Price Decrease $750,000-1.57% $405
10-30-2025 Listed $762,000 $411

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 $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
1 to 6 of 20 Result

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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28748

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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.

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    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 $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. Click here for more information

    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.