For Sale $799,000
Set in gated Monarch Estates in Fairview’s scenic Cane Creek Valley, 98 Sovereign Lane offers spacious living, seasonal mountain views, and flexible space just minutes from Asheville. This 4-bedroom, 2.5-bath home features approximately 3,418 square feet of finished living space, a main-level primary bedroom, a full daylight walkout basement, and a two-car garage. The entry opens across beautifully restored black walnut floors to a dramatic two-story living room filled with natural light. Tall windows frame the surrounding landscape, while a propane fireplace creates a warm focal point for everyday living and entertaining. The oversized kitchen is designed for both function and gathering, with granite countertops, stainless steel appliances, an induction cooktop, double ovens, generous cabinetry, and abundant workspace. Adjoining breakfast and dining areas provide comfortable options for casual meals or hosting guests. The main-level primary bedroom supports convenient one-level living, with a full bath and laundry also located on the first floor. Upstairs, three additional bedrooms and a full bath offer space for family, guests, home offices, or hobbies. The full daylight walkout basement is already framed and offers excellent potential for a home gym, workshop, media room, studio, recreation area, or future finished space, subject to permitting. Fresh interior and exterior paint, new carpet, restored flooring, and an approximately 0.77-acre homesite add to the appeal. Monarch Estates offers gated entry, underground utilities, a picnic area, and a playground. For buyers searching for a Fairview home with mountain views, a main-level primary suite, basement potential, and convenient access to Asheville, this residence presents a compelling opportunity.
| List Price: | $799,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2099 sqft |
| Parking: | Attached Garage, Parking Space(s), Shared Driveway |
| MLS Number: | CAR4326130 |
| Subdivision: | Monarch Estates |
| Bathrooms: | 3 |
| Lot Description: | Level, Rolling Slope |
| Year Built: | 2008 |
| Sewer Type: | Septic Installed |
| Elementary: | Fairview |
| Middle: | Cane Creek |
| High: | AC Reynolds |
| Date | Event | Price | $/SQFT |
| 07-22-2026 | Price Decrease | $799,000-8.69% | $381 |
| 06-05-2026 | Price Decrease | $875,000-2.23% | $417 |
| 05-03-2026 | Listed | $895,000 | $427 |
| 04-02-2026 | Listed | $415,000 | $198 |
| 05-31-2025 | Listed | $699,900 | $334 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 3 miles | KG-05 | 7 |
| Fletcher Elementary | 7 miles | KG-05 | 9 |
| Edneyville Elementary | 7 miles | KG-05 | 4 |
| Clear Creek Elementary | 8 miles | KG-05 | 9 |
| William W Estes Elementary | 8 miles | KG-05 | 8 |
| ArtSpace Charter School | 8 miles | KG-06 | 8 |
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 |
| 98 Sovereign Lane, Fairview NC | 0 mi | $799,000 | days | |
| 53 Sovereign Lane, Fairview NC | 0.2 mi | $965,000 | days | |
| 19 Timbers Edge Lane, Fairview NC | 0.3 mi | $349,000 | days | |
| 12 Timbers Edge Lane, Fairview NC | 0.3 mi | $347,999 | days | |
| 106 Bishop Cove Road, Fairview NC | 0.4 mi | $699,900 | days | |
| 628 Brush Creek Road, Fairview NC | 0.4 mi | $935,000 | 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Carolina Mountain Sales
98 Sovereign Lane, Fairview NC is a 2099 ft2 on a 0.770 acres lot. This is for $799,000. This has 4 bedrooms, 3 baths, and was built in 2008.
Based on information submitted to the MLS GRID as of 2026-05-03 11:05:39 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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