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Property Description
Welcome to this beautifully Biltmore Forest area gem, in one of Asheville's most desirable locations. This home features an advanced geothermal climate system. It uses the earth as a battery. A a few feet underground, the temperature is always a steady 50-60°F, regardless of the season. The system simply transfers that heat into the house in winter and out of the house in summer. It's not 'burning' anything. Unlike a furnace that burns gas or oil, a geothermal system just moves heat around using electricity, which makes it incredibly efficient. It's incredibly quiet. There are no noisy outdoor condenser units (the "AC compressor") humming in the yard. Reliability. Because the main mechanical parts are located inside the home and the loop system is buried deep underground, they are protected from the elements and last much longer than traditional HVAC equipment. The residence maintains a perfectly consistent climate year-round while significantly reducing utility overhead and environmental impact. Combining modern updates, flexible living space, and a serene setting, this move-in-ready home offers the best of both convenience, and at a private cul-de-sac in the neighborhood just minutes from all that Asheville has to offer. This Well maintained home offers a warm, inviting feel from the moment you walk in.There are two skylights with solar tubes installed by the seller. Hardwoods run throughout the each room, adding both character and elegance to the living spaces. Filled with natural light, the open-concept floor plan creates an inviting atmosphere ideal for both everyday living and entertaining. The stunning kitchen serves as the centerpiece of the home, the island is made of a single piece of marble, featuring stylish finishes and seamless flow into the main living areas. Relax on the screened rear porch or enjoy the covered front porch, both ideal for taking in the peaceful surroundings. A rare opportunity to own a home that combines charm functionality, efficiency and location all in one package.
Full Property Details
Full Property Details for 40 Rangeley Dr
General
- Price: $500,000
- HOA FEE: $40/month
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4393684
- Updated: 7/3/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Electric Oven, ENERGY STAR Qualified Dishwasher, Microwave, Refrigerator with Ice Maker
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Mud Room, Main Level, Sink, Washer Hookup
Parking
- Garage: Yes
- Garage Description: 225 Sq. Ft.
- Garage Spaces: 1
- Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
Location
- County: Buncombe
- Subdivision: Rock Hill
School Information
- Elementary School: Estes/Koontz
- Middle School: Valley Springs
- High School: T.C. Roberson
Community
- Assoc. Name: Rangeley Cottages POA
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Geothermal, Humidity Control
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fresh Air Ventilation, Geothermal, Humidity Control
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Underground Power Lines
Structural Information
- Architectural Style: Farmhouse, Modern
- Construction: Site Built
- Exterior Const.: Fiber Cement
- Roof: Architectural Shingle
- Main/1st Level: 1,347 Sq. Ft.
- Year Built: 2022
Lot Features
- Street/Road Desc.: Concrete, Paved
- Rcmdd Zoning: RS4
Financial Considerations
- Association Fee: $40
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 9656-49-5290-00000
- Lot Number: 6279-126
Listed by Keller Williams Biltmore Village
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Schools
Schools serving 40 Rangeley Dr
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
William W Estes Elementary 275 Overlook Road, Asheville, NC 28803 | PK-4 | 3.7 mi |
T C Roberson High 250 Overlook Road, Asheville, NC 28803 | 9-12 | 3.8 mi |
Valley Springs Middle 224 Long Shoals Road, Arden, NC 28704 | 7-8 | 3.9 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 Rangeley Dr
Date
Details
Price
Change
Source
7/03/2026
Listed
$500,000
19.05%
MLS
11/28/2022
Sold
$420,000
—
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 Rangeley Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,663
10%
$370,600
—
2023
$3,339
9721%
$370,600
603%
2022
$34
—
$52,700
—
2021
$34
—
$52,700
—
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 Rangeley Dr
40 Rangeley Drive, Asheville, NC 28803 (MLS# 4393684) is a Single Family property with 2 bedrooms and 2 full bathrooms. 40 Rangeley Drive is currently listed for $500,000 and was received on July 03, 2026. Want to learn more about 40 Rangeley Drive? 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.

