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.