Date
Details
Price
Change
Source
6/15/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,450,000
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Property Description
Welcome to 197 Cherry Knob, a mountaintop masterpiece in the prestigious, gated Wolf Laurel community, where luxury and comfort meet in a 5,300 acre natural sanctuary, surrounded by the Pisgah National Forest, SE Trust Land and the Mars Hill Watershed. This custom-designed retreat offers an open-concept layout with sweeping long-range mountain views from nearly every room. Designed for effortless everyday living, the main level features three spacious bedrooms, each with its own ensuite bath, providing privacy and refinement for residents and guests alike. The light-filled great room flows onto a full-length deck, ideal for entertaining, dining al fresco, or quiet mornings above the clouds. An elevator connects all levels, leading to a lower-level haven with stylish bar and wine cellar, a second primary suite with lavish ensuite and generous walk-in closet, plus a dedicated office with custom built-ins and full bath. Home offered turn key. Set in Wolf Laurel, residents enjoy a true four-season lifestyle surrounded by cool high-elevation air, protected mountain vistas, and abundant recreation. Optional Village Club membership provides access to the pool, sports courts, pickleball, tennis, playground, outdoor pavilion, stocked trout pond, and event center. Optional Wolf Laurel Country Club membership adds an acclaimed 5-star golf course, 24-hour fitness center, restaurant, and bar. Enjoy 50 miles of internal hiking trails, or step onto the Appalachian Trail from multiple community access points. Be sure to take advantage of the new Hatley Ski Resort with year-round dining at Smoke & Timber and a downhill bike park slated for spring 2026. Everyday conveniences can be found close by in the nearby towns of Mars Hill (15 minutes), Weaverville (25 minutes), Burnsville (20 minutes) Asheville (45 minutes), and Johnson City, TN (45 minutes). Both with regional airports. Come see why they call us the Jewel of the Blue Ridge Mountain. ***This home is located within The Ridges HOA governance which does not allow short or long term rentals***
Full Property Details
Full Property Details for 197 Cherry Knob Dr
General
- Price: $1,450,000
- HOA FEE: $500/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4271284
- Updated: 11/22/2025
- Added to Site: 215 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Elevator, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Log, Living Room, Outside, Propane, Wood Burning, Other - See Remarks, Family Room, Gas Log, Living Room, Outside, Propane, Wood Burning, Other - See Remarks
- Appliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Refrigerator with Ice Maker, Washer/Dryer, Wine Refrigerator
- Flooring: Carpet, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Main - Full Baths: 3
- Main - 1/2 Baths: 1
- Basement Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 1
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: In Hall, Laundry Room, Main Level
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Game Court, Gated, Golf, Outdoor Pool, Picnic Area, Playground, Pond, Putting Green, Recreation Area, Rooftop Terrace, Ski Slopes, Sport Court, Tennis Court(s), Walking Trails, Other
- Pool: Yes
Parking
- Garage: Yes
- Garage Description: 566 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage, Garage Faces Side
Location
- County: Yancey
- Subdivision: Wolf Laurel
- Complex: The Ridges
- Driving Directions: *24 Hour Security Gate* Guests need to be accompanied by their real estate agent. *Agents, please bring your pocket card to enter the security gate. Proof of funds letter required when scheduling an appointment.
Community
- Assoc. Name: The Ridges Home Owner Association
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Heat Pump, Zoned
- Heating Type: Central, Forced Air, Propane, Zoned
Utilities
- Sewer: Septic Installed
- Water: Community Well
- Utility Description: Cable Connected, Electricity Connected, Underground Power Lines, Underground Utilities
Structural Information
- Architectural Style: Cabin
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Hardboard Siding, Stone
- Basement: Yes
- Basement Desc.: Basement Garage Door, Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
- Main/1st Level: 2,199 Sq. Ft.
- Year Built: 2006
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Elevation (Approx.): 4000
Financial Considerations
- Association Fee: $6,000
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Deed, Height, Livestock Restriction, Rental – See Restrictions Description, Signage, Square Feet, Subdivision, Other - See Remarks
- Property ID: 986100997846000
- Lot Number: 458/24-26
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Schools
Schools serving 197 Cherry Knob Dr
School District:Yancey County Schools
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 197 Cherry Knob Dr
Tax History
Tax History for 197 Cherry Knob Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,977
—
$697,700
—
2024
$3,977
37%
$697,700
56%
2023
$2,908
—
$447,380
—
2022
$2,908
—
$447,380
—
2021
$2,908
—
$447,380
—
2019
$2,908
—
$447,380
—
2018
$2,908
—
$447,380
—
2017
$2,908
—
$447,380
—
2016
$2,908
-17%
$447,380
-30%
2015
$3,509
—
$638,000
—
2014
$3,509
—
$638,000
—
2013
$3,509
—
$638,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 197 Cherry Knob Dr
197 Cherry Knob Drive, Mars Hill, NC 28754 (MLS# 4271284) is a Single Family property with 4 bedrooms, 5 full bathrooms and 1 partial bathroom. 197 Cherry Knob Drive is currently listed for $1,450,000 and was received on June 15, 2025. Want to learn more about 197 Cherry Knob Drive? Do you have questions about finding other Single Family real estate for sale in Mars Hill? You can browse all Mars Hill real estate or contact a Coldwell Banker agent to request more information.