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John KurtzNational Real Estate

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Asheville · Asheville, NC

711 Shawnee Trail

Asheville, NC · 2,139 sqft

$2,850,000

  • 4Beds
  • 4Baths
  • 2,139SqFt
  • 1933Year
  • 1Days on market

About this home

Located just 3 miles from the heart of downtown Asheville, this exceptional property offers a rare opportunity to either create a family compound or a new residential development project. Spanning over 12 acres, this sprawling estate combines end-of-the-road privacy with the convenience of being moments from downtown Asheville. The existing estate includes a main house with all the charm of a 1930’s home that has been completely updated, a guest cottage perfect for guests or a caretaker, and a three car, conditioned detached garage with apartment/living space above it. The home's position on the property allows for multiple development options. The existing estate could stay as is and the additional 8-acres (approx) could be developed or the entire 12+acres could be developed. Buyer to confirm utility connections for development purposes and development potential with City of Asheville. Please see attachments for more development information. One of the few remaining large parcels available for development within Asheville city limits. No drivebys - home not visible from Road and driveway is gated. An 8.87-Acre Adjacent property is also available for purchase see MLS#4331437 the address is 67 Shawnee Trail.

Property details

Beds
4
Baths
4
SqFt
2,139
Lot
Year built
1933
Type
Single Family
Days on market
1
Garage
3
Style
Bungalow, Cottage
Heating
Ductless, Electric, Floor Furnace, Heat Pump, Oil, Other - See Remarks
Cooling
Central Air, Ductless, Electric, Heat Pump
Foundation
Basement, Crawl Space
Flooring
Bamboo, Tile, Wood
View
Mountain(s), Winter, Year Round

Features

  • Built-in Features
  • Cable Prewire
  • Pantry
  • Split Bedroom
  • Storage
  • Walk-In Closet(s)
  • Wet Bar

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$20,975/ month

Principal & interest
$17,650
Property tax (~1.05%)
$2,493
Homeowners insurance
$831
HOA dues

Down payment

$142,500 down · $2,707,500 financed

Income to qualify (28% rule)

~$898,965 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.