5 Magnolia Farms Drive, Asheville NC
- 3 Bed
- 3 Bath
- 2087 ft2
- 0.6 ac
For Sale $875,000
Remarks:
Wake up to mountain views and end the day with unforgettable sunsets in this beautifully designed home, set in a desirable upscale neighborhood just minutes from downtown Asheville. The main level is open and inviting, with living and dining spaces that feel equally suited for quiet mornings and easy entertaining. A see-through fireplace opens to the back porch, creating a natural flow between indoor comfort and outdoor living. The kitchen sits at the center of the home and connects effortlessly to the main living areas, making it easy to stay connected whether you are cooking, hosting, or simply enjoying the space. Three bedrooms are located on the main level, including a primary suite that opens to the back porch and offers a peaceful retreat with a spacious walk-in closet and a tiled bath with a soaker tub. The finished lower level expands how the home lives day to day. A private home gym with sauna and cold plunge creates a true wellness space, while a third full bath and two additional finished rooms offer flexibility for work, guests, or creative pursuits. This level allows the home to adapt easily to changing needs and lifestyles. Owned solar panels support energy efficiency and long-term savings, while the yard provides room to relax, play, or gather outdoors. An oversized garage and the convenience of being just minutes to downtown Asheville round out a home designed for both comfort and balance.
Interior Features:
Cable Prewire, Garden Tub, Open Floorplan, Pantry, Sauna, Walk-In Closet(s)
General Information:
| List Price: | $875,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2087 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4342638 |
| Subdivision: | Magnolia Farms |
| Style: | Arts and Crafts |
| Bathrooms: | 3 |
| Year Built: | 2016 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | West Buncombe/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-18-2026 | Listed | $875,000 | $420 |
| 05-07-2025 | Listed | $949,000 | $455 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 3 miles | KG-05 | 9 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
| Ira B Jones Elementary | 4 miles | PK-05 | 8 |
| Hall Fletcher Elementary | 4 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 |
| 5 Magnolia Farms Drive, Asheville NC | 0 mi | $875,000 | days | |
| 25 Nelon Road, Asheville NC | 0.7 mi | $419,000 | days | |
| 349 Gorman Bridge Road, Asheville NC | 1 mi | $390,000 | 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 28806
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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 NextHome Partners
5 Magnolia Farms Drive, Asheville NC is a 2087 ft2 on a 0.620 acres Appraisal lot. This is for $875,000. This has 3 bedrooms, 3 baths, and was built in 2016.
Based on information submitted to the MLS GRID as of 2026-03-18 10:41:32 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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