Welcome to 32 Franklin Farm! - Fletcher
The foyer looking towards the formal dining room. - Fletcher
Single Family Residence at Fletcher, photo 3 of 46
Located off Cane Creek Road. Convenient to downtown and South Asheville. - Fletcher
Single Family Residence at Fletcher, photo 5 of 46
Single Family Residence at Fletcher, photo 6 of 46
Ample parking and a two car garage. - Fletcher
The foyer looking towards the family room, garage and laundry room. - Fletcher
The foyer looking towards the formal dining room and the family room. - Fletcher
Formal dining room off the kitchen or could be used as a living room. - Fletcher
Single Family Residence at Fletcher, photo 11 of 46
Office/den. - Fletcher
Laundry room on the main floor. - Fletcher
Main floor powder room. - Fletcher
Family room with natural gas fireplace. - Fletcher
Family room with views of the back deck. - Fletcher
Single Family Residence at Fletcher, photo 17 of 46
Dining room or breakfast  nook. - Fletcher
Desk area off the kitchen. - Fletcher
Single Family Residence at Fletcher, photo 20 of 46
Single Family Residence at Fletcher, photo 21 of 46
Single Family Residence at Fletcher, photo 22 of 46
Single Family Residence at Fletcher, photo 23 of 46
Single Family Residence at Fletcher, photo 24 of 46
Large main level back deck. - Fletcher
Single Family Residence at Fletcher, photo 26 of 46
Second level foyer. - Fletcher
Primary Bedroom - Fletcher
Primary Bathroom with his and hers sinks. - Fletcher
Soaking tub with a view of the backyard. - Fletcher
Single Family Residence at Fletcher, photo 31 of 46
Large walk in closet in the primary suite. - Fletcher
Bedroom attached to the bathroom. - Fletcher
Single Family Residence at Fletcher, photo 34 of 46
Upstairs hall bathroom. - Fletcher
Bonus room. Perfect for an office, gym or media room. - Fletcher
Guest suite living room. - Fletcher
Guest suite kitchen. - Fletcher
Guest suite screened in porch. - Fletcher
Single Family Residence at Fletcher, photo 40 of 46
Single Family Residence at Fletcher, photo 41 of 46
In ground trampoline. - Fletcher
Single Family Residence at Fletcher, photo 43 of 46
Main level - Fletcher
Upper level - Fletcher
Lower level/Guest suite and storage - Fletcher
46 photos

$865,000

Fletcher, NC 28732
Listed by John Ellis · Walnut Cove Realty/Allen Tate/Beverly-Hanks
Bedrooms
3
Bathrooms
3.5
Living area
3,670 sqft
Year built
1992

About this home

Set on nearly 2 acres in the highly sought-after Franklin Farm community, this 3,600 sq ft home offers a rare combination of space, privacy, and flexibility just minutes from South Asheville. What truly sets this property apart is the fully finished basement with private entrance and full kitchen—perfect for multigenerational living, guest quarters, or potential short-term rental income. The main level features a welcoming layout with formal dining, dedicated office, and a cozy den that opens to an elevated deck overlooking wooded surroundings and open space. Upstairs, you’ll find three spacious bedrooms plus a versatile bonus room ideal for a media room, gym, or additional workspace. Enjoy the best of Western North Carolina living with a large usable yard, mature trees, and room to relax or entertain—something rarely found this close to town. With a 2-car garage, multiple living areas, and three levels of functional space, this home offers exceptional value for buyers seeking both lifestyle and long-term flexibility.

Highlights

Fireplace

Property details

MLS #
CAR4366172
Property type
Single Family Residence
Subdivision
Franklin Farm
Status
Active
Days on market
87
On market date
April 9, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
2
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Fairview Elementary
3 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
0.42 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
8.72 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 Fletcher'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).

15
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools2
Transit stops0
Pharmacies0

Market position

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

On the market 87 days -- 17 fewer days than Fletcher's current average of 104 days.
For reference, the median list price across 136 active listings in Fletcher right now is $451,000.

Mortgage calculator

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

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Est. monthly payment
$5,359/mo
$173,000 down
$692,000 loan
Principal & interest$4,488
Property tax (est.)$721
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 5, 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.