48 Walter Morgan Drive, Asheville NC
- 4 Bed
- 3 Bath
- 1210 ft2
- 6.2 ac
For Sale $1,550,000
Remarks:
Nestled on approximately 6 private acres, this exceptional estate offers two purchase options: the fully renovated main residence alone or the complete package including a charming 2 bedroom guest cottage. The main home features 4 bedrooms, a top to studs overhaul with upscale finishes, a sparkling pool, and a dedicated space for animals such as chickens, or a pig also a place to park an RV. A two car garage with a built in workshop provides ample storage and workspace. Inside, an open floor plan showcases a chefs kitchen, spa inspired baths, gleaming hardwoods, and abundant natural light. The separate guest cottage boasts 3 bedrooms and a cozy living area perfect for short term rental income or multigenerational living. Experience the rare combination of luxury, versatility, and serenity in one turnkey property.
Exterior Features:
Other - See Remarks
General Information:
| List Price: | $1,550,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1210 sqft |
| Parking: | Driveway, Attached Garage, Parking Space(s) |
| MLS Number: | CAR4257054 |
| Subdivision: | none |
| Bathrooms: | 3 |
| Year Built: | 1987 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Glen Arden/Koontz |
| Middle: | Cane Creek |
| High: | T.C. Roberson |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-22-2025 | Price Increase | $1,550,000+40.91% | $1,281 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| William W Estes Elementary | 3 miles | KG-05 | 8 |
| Fairview Elementary | 4 miles | KG-05 | 7 |
| Oakley Elementary | 5 miles | KG-05 | 4 |
| Fletcher Elementary | 6 miles | KG-05 | 9 |
| Charles C Bell Elementary | 7 miles | KG-05 | 8 |
| Haw Creek Elementary | 7 miles | KG-05 | 7 |
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 |
| 48 Walter Morgan Drive, Asheville NC | 0 mi | $1,550,000 | days | |
| 99999 Merrills Cove Road, Asheville NC | 0.2 mi | $1,995,000 | days | |
| 17 Fig Tree Lane, Asheville NC | 0.2 mi | $1,995,000 | days | |
| 407 Melnick Terrace, Asheville NC | 0.4 mi | $1,150,000 | days | |
| 5 Concord Knoll Lane, Asheville NC | 0.4 mi | $325,000 | days | |
| 212 Plains Drive, Asheville NC | 0.5 mi | $1,500,000 | 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 28803
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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 Allen Tate/Beverly-Hanks Asheville-Biltmore Park
48 Walter Morgan Drive, Asheville NC is a 1210 ft2 on a 6.200 acres Appraisal lot. This is for $1,550,000. This has 4 bedrooms, 3 baths, and was built in 1987.
Based on information submitted to the MLS GRID as of 2025-06-12 10:45:19 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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