For Sale $2,850,000
Just three miles from the heart of downtown Asheville, this exceptional property offers a rare opportunity to either create a family compound or a new residential development project. Spanning over 12 acres, this sprawling estate combines end-of-the-road privacy with the convenience of being moments from downtown Asheville. The existing estate includes a main house with all the charm of a 1930s home that has been completely updated, a guest cottage ideal for guests or a caretaker, and a three-car, air-conditioned detached garage with apartment/living space above it. The home's position on the property allows for multiple development options. The existing estate could stay as is and the additional eight acres (approximately) could be developed, or the entire 12-plus acres could be developed. Buyer to confirm utility connections for development purposes and development potential with City of Asheville. Please see attachments for more development information. One of the few remaining large parcels available for development within Asheville city limits. No drive-bys as home not visible from road and driveway is gated. An 8.87-acre adjacent property is also available for purchase, see MLS #4331437. The address is 67 Shawnee Trail.
Built-in Features, Cable Prewire, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Wet Bar
| List Price: | $2,850,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1753 sqft |
| Parking: | Driveway, Electric Gate, Detached Garage, Garage Door Opener, Garage Faces Front, Parking Space(s), Other - See Remarks |
| MLS Number: | CAR4388610 |
| Subdivision: | None |
| Style: | Bungalow, Cottage |
| Bathrooms: | 4 |
| Lot Description: | Infill Lot, Level, Private, Sloped, Wooded, Views |
| Year Built: | 1933 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-18-2026 | Listed | $2,850,000 | $1,626 |
| 08-13-2025 | Listed | $2,300,000 | $1,313 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 1 miles | KG-05 | 4 |
| Haw Creek Elementary | 1 miles | KG-05 | 7 |
| Charles C Bell Elementary | 1 miles | KG-05 | 8 |
| Evergreen Community Charter | 2 miles | KG-06 | 8 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
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 |
| 711 Shawnee Trail, Asheville NC | 0 mi | $2,850,000 | days | |
| 8 Fernlawn Road, Asheville NC | 0.2 mi | $589,000 | days | |
| 67 Shawnee Trail, Asheville NC | 0.2 mi | $1,200,000 | days | |
| 32 Pinehurst Road, Asheville NC | 0.5 mi | $499,000 | days | |
| 33 Pinehurst Road, Asheville NC | 0.5 mi | $518,000 | days | |
| 2401 Abbey Circle, Asheville NC | 0.5 mi | $259,000 | 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)
| 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 |
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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 Premier Sotheby’s International Realty
711 Shawnee Trail, Asheville NC is a 1753 ft2 on a 12.590 acres lot. This is for $2,850,000. This has 4 bedrooms, 4 baths, and was built in 1933.
Based on information submitted to the MLS GRID as of 2026-06-18 10:45:13 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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