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$1,295,000 Just Listed
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Property Description
Tucked within the highly sought-after Malvern Walk community, this exceptional modern retreat offers the perfect balance of privacy, sophistication, and connection to everything vibrant Asheville living has to offer. Just minutes from the energy of Haywood Road in West Asheville, River Arts District, and Downtown Asheville as well as numerous trails, highways, groceries, and shopping. This luxury residence also enjoys walkable access to the Malvern Hills Park neighborhood and Hominy Creek Greenway. Designed with elevated style and intentional flow, the main level showcases 22 foot high ceilings with a stunning open-concept layout anchored by a beautiful primary suite with two closets and seamless indoor-outdoor living with a covered, screened-in deck. The chef-inspired kitchen is appointed with ivory quartz countertops, custom maple cabinetry, sleek Energy Star appliances, and striking local white cedar posts accenting the island. Oversized Pella windows flood the home with natural light, while upgraded Hydro Lock hickory flooring and polished concrete create a refined, durable aesthetic throughout. Every floor in the home is fully waterproof, blending practicality with elevated design. The lower level creates the ultimate entertaining experience with a spacious second living area or recreation lounge opening onto an additional covered deck-ideal for hosting friends and family. Upstairs, a dramatic loft overlooks the home and leads to two impressively appointed bedrooms offering flexible and stylish living space. Above the garage, a private ADU-style guest retreat with its own entrance, bath and kitchenette provides exceptional versatility and added value-perfect for luxury guest accommodations, multigenerational living, executive hosting, or income potential. Thoughtful artisan details elevate the home's modern organic design, including a metal roof, custom-crafted walnut wood vanities and local poplar shelving in the kitchen and ADU. A 5-stage reverse osmosis water filtration system adds another layer of wellness. Outdoors, enjoy your own private forested oasis complete with a substantial stone patio designed for elevated outdoor living surrounded by native tree species for a serene mountain-modern atmosphere. This GreenBuilt Silver award-winning residence earned an impressive HERS rating of 54, qualifying as Net Zero Ready. Designed with advanced monopoly framing to minimize thermal bridging and rough-ins already in place for future solar installation by Sugar Hollow Solar, this high-performance home delivers exceptional energy efficiency without compromising luxury. Completing the property is a spacious single-car garage and extra-long driveway offering abundant parking and convenience.
Full Property Details
Full Property Details for 40 Malvern Walk
General
- Price: $1,295,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4385374
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Electric, Electric
- Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Upper - Full Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms-B: 1
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Sidewalks, Street Lights
Parking
- Garage: Yes
- Garage Description: 299 Sq. Ft.
- Garage Spaces: 1
- Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
Location
- County: Buncombe
- Subdivision: Malvern Walk
School Information
- Elementary School: Lucy S. Herring
- Middle School: Asheville
- High School: Asheville
Community
- Assoc. Name: Malvern Walk HOA
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Architectural Style: Modern
- Construction: Site Built
- Exterior Const.: Fiber Cement, Wood
- Basement: Yes
- Basement Desc.: Exterior Entry, Finished, Interior Entry, Walk-Out Access, Walk-Up Access
- Roof: Metal
- Upper: 988 Sq. Ft.
- Main/1st Level: 1,277 Sq. Ft.
- Year Built: 2020
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Green Area, Paved
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Restrictions: Deed, Subdivision
- Property ID: 9628606456
- Lot Number: 5760/1741
Listed by Epique Inc.
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Schools
Schools serving 40 Malvern Walk
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 0.9 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 2.1 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 3.3 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 3.2 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 3.3 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 4.1 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 4.3 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 5.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Malvern Walk
Date
Details
Price
Change
Source
5/22/2026
Listed
$1,295,000
927.78%
MLS
4/11/2019
Sold
$126,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Malvern Walk
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,851
6%
$714,700
-3%
2023
$7,386
1%
$733,300
—
2022
$7,312
—
$733,300
—
2021
$7,312
200%
$733,300
225%
2020
$2,434
134%
$225,800
100%
2019
$1,042
—
-100%
2018
$1,042
—
$96,700
—
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 40 Malvern Walk
40 Malvern Walk, Asheville, NC 28806 (MLS# 4385374) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 40 Malvern Walk is currently listed for $1,295,000 and was received on May 22, 2026. Want to learn more about 40 Malvern Walk? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

