An impeccable renovation has transformed this classic Colonial cottage into a masterfully curated residence where timeless architecture meets elevated modern living. Extensive custom trim details and fine millwork anchor the interiors, honoring the home’s heritage while introducing a fresh, sophisticated aesthetic. Designed for grand entertaining and intimate gatherings, the chef’s gourmet kitchen is the heart of the home, thoughtfully appointed with premium appliances, abundant workspace and seamless flow into adjoining living areas. A breathtaking sunroom pavilion lives beautifully large, wrapped in natural light and garden views, creating a seamless connection to the outdoors while offering year-round comfort. It is the kind of space that becomes everyone’s favorite room. Formal living and dining spaces remain warm and inviting, refined yet cozy, while the fully updated baths reflect a timeless sensibility with elevated finishes and enduring style. The finished lower-level garage, complete with heat and air, provides exceptional flexibility for hobbies, a fitness studio, workshop or climate-controlled storage. Completing the property is a charming guest cottage, ideal for visitors, extended family or a private office retreat, offering privacy and versatility. A rare offering where craftsmanship, character and thoughtful renovation converge beautifully.
Active
$2,050,000
40 Forest Rd, Asheville, NC 28803
4beds
3,220sqft
Est.:
Single Family Residence
Built in 1928
0.62 Acres Lot
$-- Zestimate®
$637/sqft
$-- HOA
What's special
Extensive custom trim detailsCharming guest cottageBreathtaking sunroom pavilionAbundant workspaceFine millworkWarm and invitingPremium appliances
- 2 days |
- 1,247 |
- 56 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listing Provided by:
Marilyn Wright 828-279-3980,
Premier Sotheby’s International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4353603
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Upper
Laundry
- Level: Basement
Living room
- Level: Main
Office
- Level: Main
Sunroom
- Level: Main
Heating
- Heat Pump, Other
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Wine Refrigerator
- Laundry: In Basement, Upper Level
Features
- Breakfast Bar, Built-in Features, Pantry, Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: French Doors
- Windows: Insulated Windows
- Basement: Basement Garage Door,Exterior Entry,Interior Entry,Partially Finished,Unfinished
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 3,220
- Total interior livable area: 3,220 sqft
- Finished area above ground: 3,220
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Circular Driveway, Driveway, Attached Garage, Garage Faces Side
- Attached garage spaces: 2
- Uncovered spaces: 4
- Details: The basement tandem garage is heated and cooled
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Front Porch
Lot
- Size: 0.62 Acres
- Features: Green Area, Level, Sloped, Wooded
Living quarters
- Secondary features: Exterior Not Connected,Guest House,Separate Entrance
Details
- Parcel number: 964679482700000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick Partial, Stucco, Wood
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Biltmore Forest
Location
- Region: Asheville
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $637/sqft
- Tax assessed value: $1,151,500
- Annual tax amount: $6,294
- Date on market: 3/17/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $2,050,000+145.2%$637/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4353603 Report a problem | ||
| 7/5/2017 | Sold | $836,000+2.6%$260/sqft |
Source: Public Record Report a problem | ||
| 7/8/2008 | Sold | $815,000+48.2%$253/sqft |
Source: Public Record Report a problem | ||
| 8/13/2002 | Sold | $550,000$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,294 +5.6% | $1,151,500 |
| 2024 | $5,960 +5.3% | $1,151,500 +1.3% |
| 2023 | $5,659 +6.7% | $1,136,300 +4.6% |
| 2022 | $5,303 +15.3% | $1,086,600 +15.3% |
| 2021 | $4,599 +6.1% | $942,400 +15% |
| 2020 | $4,334 | $819,300 |
| 2019 | $4,334 -38.4% | $819,300 |
| 2018 | $7,038 +90% | $819,300 +33.6% |
| 2017 | $3,704 -12.8% | $613,300 |
| 2016 | $4,246 +14.6% | $613,300 |
| 2015 | $3,704 | $613,300 |
| 2014 | $3,704 | $613,300 |
| 2013 | -- | $613,300 -5.3% |
| 2012 | -- | $647,700 |
| 2011 | -- | $647,700 |
| 2010 | -- | $647,700 +0.7% |
| 2009 | -- | $643,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,025/mo
Principal & interest
$10120
Property taxes
$905
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Climate risks
Neighborhood: 28803
Nearby schools
GreatSchools rating
- 4/10William W Estes ElementaryGrades: PK-5Distance: 3.5 mi
- 9/10Valley Springs MiddleGrades: 5-8Distance: 3.7 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Estes/Koontz
- Middle: Valley Springs
- High: T.C. Roberson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28803
- North Carolina
- Buncombe County
- Asheville
- 28803
- 40 Forest Rd
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