Single Family Residence at 114 Phivo Drive, Balsam Grove
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Virtually Staged - 114 Phivo Drive, Balsam Grove
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Virtually Staged - 114 Phivo Drive, Balsam Grove
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Virtually Staged Main Floor Bedroom - 114 Phivo Drive, Balsam Grove
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virtually staged loft - 114 Phivo Drive, Balsam Grove
Virtually Staged upstairs Bedroom - 114 Phivo Drive, Balsam Grove
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Bonus room in basement could be used for 3rd bath. - 114 Phivo Drive, Balsam Grove
AI generated Virtual staged bathroom - 114 Phivo Drive, Balsam Grove
Virtually staged lower level room - 114 Phivo Drive, Balsam Grove
Lower level flex room - 114 Phivo Drive, Balsam Grove
Virtually staged lower level room - 114 Phivo Drive, Balsam Grove
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Gate way to Pisgah National Forest - 114 Phivo Drive, Balsam Grove
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43 photos

$500,000

114 Phivo Drive
Balsam Grove, NC 28708
Listed by Jason Shepherd · Looking Glass Realty
Bedrooms
2
Bathrooms
2
Living area
1,909 sqft
Year built
2026

About this home

Nestled in the mountains of Western North Carolina, this Scandinavian-inspired mountain cottage offers a beautiful blend of modern design, comfort, and natural surroundings. Featuring soaring ceilings, high-end finishes, spa-like bathrooms, and a large chef-inspired kitchen, this newly constructed home is designed for both relaxation and everyday living. With a low-maintenance yard and thoughtfully designed outdoor spaces, the property is ideal as a year-round residence, seasonal retreat, or mountain getaway. Located in a peaceful valley just 1.5 miles from Pisgah National Forest, you'll have convenient access to world-class trout streams, hiking and biking trails, and some of the best road and gravel cycling in the country. The home seamlessly blends with its natural setting, providing ample opportunities to enjoy the surrounding mountain serenity. A large covered side porch wraps around to the front of the home, creating an inviting outdoor living space. A dedicated fire pit area and ample parking add to the property's appeal. The lower level is already plumbed for a full bathroom and kitchenette, offering excellent flexibility for a guest suite, long-term living arrangement, short-term rental opportunity, creative studio, or dedicated workspace. If you're looking for a quiet mountain retreat surrounded by nature, modern comforts, and exceptional outdoor recreation, this Western North Carolina cottage is a must-see.

Highlights

New construction

Property details

MLS
Canopy MLS
MLS #
CAR4423780
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
36
On market date
September 17, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Rosman Elementary
6.95 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
332
Student:teacher ratio
12.8:1
District
Transylvania County Schools
Middle
Rosman Middle
7.14 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
209
Student:teacher ratio
10.5:1
District
Transylvania County Schools
High
Rosman High
7.1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
275
Student:teacher ratio
9.8:1
District
Transylvania County Schools

Walkability

Blended score for Balsam Grove's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Balsam Grove, from live MLS data.

On the market 36 days -- 334 fewer days than Balsam Grove's current average of 370 days.
For reference, the median list price across 15 active listings in Balsam Grove right now is $35,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$3,161/mo
$100,000 down
$400,000 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.