Lot at 117 Sovereign Lane, Fairview
Lot at 117 Sovereign Lane, Fairview, photo 2 of 12
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12 photos

$149,900

117 Sovereign Lane
Fairview, NC 28730
Listed by Laura Hutchinson · WEICHERT, Realtors - Unlimited
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Looking to build your dream mountain retreat? Look no further than this build-ready lot in Monarch Estates near Asheville, NC. The lot offers lovely mountain views and the security of a gated community. The property has been cleared, has a 4-bedroom septic system in place, and a permit for a well. Monarch Estates is located in the Cane Creek Valley off Brush Creek Rd in Fairview where you'll pass pristine horse farms in the pastoral setting before arriving at the beautifully landscaped Monarch Estates gated-entry. Once past the entry gate, you'll notice the welcoming gazebo and playground area. High-end homes in the neighborhood feature varying architectural styles and larger lots. The location is perfect for year-round or seasonal-living with grocery stores, breweries, and hiking trails nearby or you can make the easy drive to downtown Asheville for a plethora of shopping, dining, and entertainment options.

Property details

MLS
Canopy MLS
MLS #
CAR4422056
Property type
Lot
Subdivision
Monarch Estates
Status
Active
Days on market
1
On market date
September 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
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
Fairview Elementary
3.06 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
629
Student:teacher ratio
14.3:1
District
Buncombe County Schools
Middle
Cane Creek Middle
1.72 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
454
Student:teacher ratio
13.0:1
District
Buncombe County Schools
High
Early College
10.67 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Fairview'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).

16
Very car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least 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 Fairview, from live MLS data.

On the market 1 days -- 106 fewer days than Fairview's current average of 107 days.
For reference, the median list price across 119 active listings in Fairview right now is $499,000.

Mortgage calculator

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

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Est. monthly payment
$1,053/mo
$29,980 down
$119,920 loan
Principal & interest$778
Property tax (est.)$125
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 8, 2026.

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.