98 Sovereign Lane, Fairview NC

  • 4 Bed
  • 3 Bath
  • 2099 ft2
  • 0.8 ac

For Sale $799,000

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Remarks:

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.

General Information:

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

Assigned Schools:

Elementary: Fairview
Middle: Cane Creek
High: AC Reynolds

Price & Sales History

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

Nearby Schools

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.

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
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
1 to 6 of 11 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

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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 28730

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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 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. 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.