Estimate anchored to the provided list price of $1,600,000, adjusted by size (5,142 SF), high-end finishes, acreage (1.83 ac), and proximity to Asheville. No live comparable sales were available during generation; range reflects market variability for premium rural homes near Asheville.
Custom 5,142 SF Modern Farmhouse on 1.83 Private Acres
This custom-built modern farmhouse (2020) pairs large-scale living with private rural character: 5,142 finished square feet, five bedrooms, and flexible living spaces sited on 1.83 acres with year-round long-distance views and easy access to Asheville (approx. 25 minutes). The main kitchen is a designer's kitchen—marble counters, custom cabinetry, stainless appliances and a large island—backed by a fully equipped prep kitchen that makes entertaining effortless. A third kitchen/food-prep area on the lower level increases options for multi-generational living or income generation.
The house is bright, open, and thoughtfully arranged: 9-foot ceilings on the main level, an expansive primary kitchen/eat-in island, and generous circulation space for gatherings. The lower-level recreation room centers around a stone wood-burning fireplace and includes a workshop area—ideal for hobbyists or those needing practical workspace. Interior finishes reflect recent construction quality and attention to detail throughout.
Outdoor living is a standout: extensive wraparound porches and multi-level decks capture the long-range views and expand entertaining options. The almost-two-acre lot is mostly open with established vegetable beds and flat areas perfect for a future outbuilding, beekeeping, small animals, or a play area. With no HOA, the site provides flexibility for lifestyle uses typical of Buncombe County rural parcels.
Practical details: built in 2020 and shown in excellent condition, this property features multiple distinct living/dining areas, flexible lower-level space, and abundant parking room on-site. For buyers who want privacy, modern finishes, and immediate access to Asheville culture and outdoor recreation, this listing offers a rare combination of scale and convenience. Contact listing agent Damon Peary for a showing and to verify utilities and owner disclosures.
A 2020 modern farmhouse on 1.83 acres.
Building
Site & utilities
Leicester / Chapel Hill area (rural)
Researched nearby locations
Location
24 Chapel Hill Ln #40, Leicester, NC 28748
Leicester is a quiet, rural community northwest of Asheville characterized by rolling farmland, wooded parcels, and a mix of custom homes and older farmhouses. Residents enjoy a slower pace with direct access to Blue Ridge outdoor recreation, while Asheville’s arts, dining, and medical amenities remain within commuting distance. The Chapel Hill lane area offers privacy and scenic outlooks common to higher-elevation parcels in Buncombe County.
Strong access to Blue Ridge hiking, mountain biking, and outdoor recreation within a short drive; property supports gardening, beekeeping, and small-animal uses.
A factual market snapshot around 24 Chapel Hill Ln #40.
The Asheville-area market remains attractive for buyers seeking lifestyle and mountain-accessible properties. Inventory in Buncombe County has been relatively tight for turnkey, well-built homes; demand for homes with acreage and quality finishes tends to outpace supply. Median single-family prices in the broader area are materially lower than this listing, reflecting the premium attached to large custom homes with views. Expect this property to compete in the luxury/rural niche—buy-side competition strongest from buyers relocating from larger cities and from local buyers seeking more space. Days on market for comparable premium properties is typically moderate; well-priced, turnkey listings with proximity to Asheville can see quick interest. For investors, the property's multiple kitchens and lower-level living area increase potential for short-term rental or long-term rental income, subject to local rules and approvals.
Residential / Rural zoning typical for Leicester area (low-density single-family use).
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures Subject To County Setback Rules
- Agricultural Uses (Small Scale) Commonly Allowed
What the research supports — and what is still worth verifying.
Key findings
- List price anchors valuation at **$1,600,000** (given condition and size, estimated market range $1.45M–$1.75M)
- 5 bedrooms, 5 baths (structured data) and 5,142 sqft total living area (2020 build)
- Site: 1.83 acres (79,714 sqft) with private lane access and long-distance views
- No HOA, which increases flexibility for uses like small-scale farming or outbuildings
- Lower-level recreation room with stone fireplace and workshop enhances utility and resale appeal
What stands out about this property.
Interior Features
- Primary kitchen: marble countertops, custom cabinetry, large eat-in island
- Prep kitchen fully equipped — ideal for catering/large gatherings
- Lower-level recreation room with stone wood-burning fireplace
- Workshop space on lower level
- 9' ceilings on main level and open circulation
- Five bedrooms with multiple en-suite possibilities
Exterior & Lot
- 1.83-acre lot (79,714 sqft) with open yard and vegetable beds
- Extensive wraparound porches and multi-level decks
- Year-round long-distance views from main living areas
- No HOA — flexibility for outbuildings and small livestock
- Ample driveway parking and room for detached garage
Location & Neighborhood
- Approx. 25-minute drive to downtown Asheville
- Rural Leicester setting with quiet lane access
- Nearby small farms, woodlands, and low-density residential parcels
- Quick access to regional amenities in Weaverville and Mars Hill
Walkability & Recreation
- Walkability Rating: 18/100
- Close to numerous Blue Ridge trails and outdoor recreation within a short drive
- Property suited for gardening, beekeeping, and outdoor hobbies
Sources & research confidence.
See where the property research came from and how confidence varies by field.