Property listing for 35 Elkmont Drive, Asheville, NC 28804
For SaleSingle Family Home

$725,000

35 Elkmont Drive, Asheville, NC 28804

Contemporary 3-Bed Home Steps from Beaver Lake

3 Bed · 2.5 Bath · 1,932 Sq Ft

2018-built North Asheville home with hardwoods, stone fireplace, fenced yard

3

Beds

2.5

Baths

1,932

Sq Ft

2018

Built

0.26 acres

Lot

About 35 Elkmont Drive

You’ll notice the elevated lot and mature street trees the moment you arrive at 35 Elkmont Drive — a contemporary home completed in 2018 with thoughtful finishes and an immediately livable plan. The main level opens into an airy living room anchored by a stone fireplace and wide-plank hardwood floors that run through much of the home. A clean-lined modern kitchen features leathered countertops and stainless steel appliances that balance durable surfaces with warm, tactile materials.

The primary suite is conveniently situated on the main level and opens to a private deck, providing a quiet outdoor extension for morning coffee or late-evening downtime. Two additional bedrooms and a shared bath are on the upper level, giving families or guests separation and privacy. Throughout the home you’ll find intentional details — solid-surface counters, contemporary fixtures, and an efficient heat-pump HVAC system paired with central air for year-round comfort.

Outside, the 0.26-acre fenced backyard and deck are ready for weekend entertaining, gardening, and safe play. Driveway parking accommodates two vehicles; the elevated lot provides pleasing street presence and a degree of separation from the nearby retail corridor. A crawlspace foundation and asphalt shingle roof are consistent with modern builds in the neighborhood; roof age should be verified during inspection.

Location is a defining asset: Beaver Lake is just 0.3 miles away and the French Broad River under 0.5 miles, giving this home immediate access to water-edge recreation, walking loops, and scenic routes. Reynolds Village shopping and dining are a one- to two-mile trip and downtown Asheville is an easy 3-mile commute. Built in a period of strong neighborhood appreciation, this home pairs low near-term maintenance risk with a lifestyle that draws professionals and active retirees alike.

Buyers should note the local school ratings and verify assignments, and the listing materials recommend confirming roof age during due diligence. Financially, local comparable sales and a sales-comparison valuation place current market value in the $700K–$750K range, framing this listing as competitive for North Asheville modern construction with immediate neighborhood access to lakes and riverfront amenities.

Home Highlights

Built in 2018 — low near-term maintenancePrimary suite on main level with deck accessFenced backyard with deck — outdoor-readyHardwood floors and stone fireplaceModern kitchen with leathered countertopsEstimated market value midpoint: $725,000Driveway parking for two vehiclesCentral AC and heat pump

Property Features

Interior Features

  • Open living area with stone fireplace
  • Hardwood floors throughout main living spaces
  • Modern kitchen with leathered countertops
  • Stainless steel appliances
  • Primary suite on main level with deck access
  • 2 additional upstairs bedrooms
  • 2.5 total bathrooms
  • Heat pump heating and central AC

Exterior & Lot

  • 0.26-acre elevated lot (11,326 SF)
  • Fenced backyard ideal for children and pets
  • Rear deck off primary suite
  • Driveway parking for two vehicles
  • Asphalt shingle roof (age to be verified)
  • Crawlspace foundation

Location & Neighborhood

  • North Asheville neighborhood
  • 0.3 miles to Beaver Lake
  • 0.5 miles to French Broad River
  • Approximately 1 mile to Reynolds Village shopping
  • About 3 miles to Downtown Asheville
  • Merrimon Avenue corridor ~0.5 miles for quick access

Walkability & Recreation

  • Walkability Rating: 65/100 — Somewhat Walkable
  • Beaver Lake walking loops and ponds (0.3 mi)
  • French Broad River access for paddling and trails (0.5 mi)
  • Reynolds Village shopping and dining within 1 mile
  • Downtown Asheville cultural and dining scene ~3 miles away
  • Nearby neighborhood green spaces and sidewalks

Neighborhood & Location

North Asheville combines leafy residential streets with close access to waterways and city amenities. Residents enjoy easy trips to Beaver Lake and the French Broad River for walking, rowing, and outdoor time, plus quick access to Reynolds Village shopping and a short drive into downtown Asheville. The area attracts professionals and retirees who value walkable pockets, established vegetation, and a mix of mid-century and contemporary homes. While local elementary and high school ratings are average, the neighborhood’s lifestyle amenities and steady appreciation make it a compelling choice for buyers seeking proximity to water and city culture.

Market Insights

North Asheville currently reads as a balanced-to-slightly-seller market. Inventory sits at roughly 2.5 months and average days on market are near 30 days — a pace that favors sellers on desirable listings but still allows buyers time to make informed offers. Median sale price in the area is about $700,000, and the neighborhood has seen steady appreciation (approximately 25% over five years, and ~5% year-over-year). Recent comps for modern single-family homes within a half-mile have closed in the $700K–$875K range, with a recent nearby 3-bed sale at $875,000 for a slightly larger, newer home and multiple sales clustered around $700K–$820K.

For this property type — newer, contemporary single-family homes with 3 bedrooms and modern finishes — demand remains healthy. Low inventory and proximity to Beaver Lake and the French Broad River add premium appeal, while rental demand (estimated at ~$2,800/month) supports investor interest. Buyers should act with market data in hand: competitive offers on well-presented homes are common, but this market is not overheated — appraisal and inspection contingencies remain realistic. Sellers benefit from short market times and strong comparable price points; buyers gain negotiating leverage when contingencies are clean and financing is ready.

Nearby Schools

Woodfin Elementary

Elementary

3/10

Clyde A Erwin Middle School

Middle

6/10

Clyde A Erwin High School

High

3/10

Walkability & Recreation

65
Walkability
80
Recreation

Excellent immediate access to Beaver Lake (0.3 mi) and the French Broad River (0.5 mi), with neighborhood walking loops, nearby shopping at Reynolds Village, and downtown Asheville roughly 3 miles away.

Investment Highlights

  • Modern construction (2018) reduces near-term maintenance costs
  • North Asheville — strong appreciation (25% in 5 years)
  • Proximity to Beaver Lake and French Broad River — premium recreational access
  • Open floor plan with hardwood floors and stone fireplace
  • Fenced backyard with deck — ideal for outdoor living
  • Assessed value below market — potential for tax appeal

Key Findings

  • County assessor shows 2018 purchase at $470,000 ($243/SF) — current estimate $725,000 ($375/SF)
  • Assessed value $519,300 (land $79,500, improvements $439,800) — annual taxes $4,813
  • Zoned R-7 — allows single-family and accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $700K–$750K
  • Average days on market in North Asheville: 30 days (balanced market)

Things to Consider

  • Elementary and high schools have average ratings — may impact family buyer interest
  • Roof age unknown — asphalt shingle roofs typically last 20-25 years
  • Proximity to retail corridor may affect privacy and noise levels

Opportunity Analysis

Modern home in desirable North Asheville with strong appreciation potential and proximity to recreational amenities. Assessed value below market suggests potential for tax appeal. Balanced market conditions support steady demand.

Potential Use Scenarios

  • Potential primary residence with low maintenance due to recent construction
  • Proximity to Beaver Lake and French Broad River enhances lifestyle appeal
  • Assessed value below market — consider tax appeal to reduce property taxes

Risk Factors

  • Average school ratings may deter some family buyers
  • Proximity to retail corridor may affect privacy and noise levels
  • Roof age unknown — potential near-term replacement cost

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$700K

Midpoint

$725K

High

$750K

$375/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and location. Assessed value of $519,300 appears below market.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$700,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$65,000

North Asheville median home values increased 25% from 2020-2025. Strong demand from professionals and retirees. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Beaver Lake (0.3 mi)
  • French Broad River (0.5 mi)
  • Reynolds Village Shopping Center (1 mi)
  • Downtown Asheville (3 mi)

Proximity to Beaver Lake and French Broad River offers recreational opportunities. Nearby shopping and dining at Reynolds Village and downtown Asheville enhance lifestyle appeal.

School District

DistrictBuncombe County Schools
ElementaryWoodfin Elementary (3/10)
MiddleClyde A Erwin Middle School (6/10)
HighClyde A Erwin High School (3/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2018
Constructionwood frame
Stories2
Roofasphalt shingle
Heatingheat pump
Coolingcentral AC
Basementcrawlspace
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.26 acres (11,326 SF)
Topographyelevated
Parkingdriveway
Parking Spaces2
FrontageFrontage on Elkmont Drive

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-7
DescriptionMedium Density Residential
JurisdictionTown of Woodfin

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$519,300
Land$79,500
Improvements$439,800
Annual Tax (2024)$4,813

Sale History

2018-12-21$470,000

$243/SF

Arm's length transaction

Find a Local Agent

Looking to buy or sell? Connect with a licensed local agent who knows this area.

Request a Showing

Your inquiry will be connected with a licensed local real estate professional through our brokerage partner.

Are You a Local Agent?

No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.

Learn About the Partner Program

CompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.