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$4,700,000

Asheville, NC 28806
Listed by Theresa Turchin · Premier Sotheby’s International Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Discover Crest Mountain, a rare chance to shape Asheville's luxury real estate landscape. This prestigious gated community, just minutes from downtown and the River Arts District offers an ideal blend of accessibility and mountain tranquility. Spanning 68 acres with 126 prime homesites, Crest Mountain features stunning mountain and city vistas with old-growth forests. Its development-ready infrastructure includes paved roads, fiber optic and city water/sewer services, enabling immediate project launch. Perfectly positioned to tap into Asheville's thriving real estate market and ever growing demand for luxury mountain homes. Seize this opportunity to revitalize Asheville's next iconic community.

Property details

MLS #
CAR4168386
Property type
Lot
Subdivision
N/A
Status
Active
Days on market
588
On market date
August 6, 2024
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
Emma Elementary
1.41 mi away · Grades 0-4
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
296
Student:teacher ratio
10.2:1
District
Buncombe County Schools
Middle
Eblen Intermediate
0.7 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
593
Student:teacher ratio
14.1:1
District
Buncombe County Schools
High
Early College
4.18 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 Asheville'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).

35
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
36 / 100
Restaurants & cafes1
Grocery stores2
Parks1
Schools9
Transit stops1
Pharmacies0

Market position

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

On the market 588 days -- 461 more days than Asheville's current average of 127 days.
For reference, the median list price across 1,238 active listings in Asheville right now is $500,000.

Mortgage calculator

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Est. monthly payment
$28,454/mo
$940,000 down
$3,760,000 loan
Principal & interest$24,387
Property tax (est.)$3,917
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 14, 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.