This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/37
$1,425,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/37
Property Description & Video
40 River Run, Asheville, NCVideo Tour of 40 River Run, Asheville, NC.
Boasting one of the most breathtaking views of the French Broad River in Asheville, with community access to the river, this beautifully designed 2,331 sqft home perfectly blends modern comfort, energy efficiency, and a peaceful connection to nature. Nestled within Asheville's most inspired agrihood community, residents enjoy scenic walking trails, community gardens, river access, and mountain vistas - a lifestyle deeply rooted in both sustainability and community. Step out onto the back deck and take in the serenity - you'll hear nothing but the gentle flow of the French Broad River below and the rustle of leaves in the breeze. Homes in this community have thoughtfully planned geothermal HVAC systems, designed not only for efficiency but also to minimize mechanical noise, ensuring that the sounds of nature remain the soundtrack to daily life. Recently repainted in full, the home's exterior offers a fresh, timeless presence that complements its natural surroundings. Inside, the careful craftsmanship continues - featuring a Sonos sound system throughout, heated floors in the primary bathroom, and a jacuzzi tub that transforms everyday moments into restorative retreats. Efficiency is built into every layer of this home, reflected in its outstanding HERS Rating of 52. The solar battery system, housed indoors for optimal climate performance, offers energy independence and stability. A rainwater collection system supplies nearly all irrigation needs, while propane is used only for the fireplace and water heater, - an intentional blend of sustainability and smart living. Need a place for hobbies? Enjoy the large workshop used for woodworking, storage, or other activities. From its river-view deck to its energy-wise design, every feature of this home invites you to live with balance, purpose, and quiet joy. 40 River Run isn't just a place to live - it's a front-row seat to the peaceful rhythm of the French Broad River, a thoughtfully crafted retreat that celebrates Asheville's beauty, community, and spirit of stewardship.
Full Property Details
Full Property Details for 40 River Run
General
- Price: $1,425,000
- HOA FEE: $204/month
- HOA FEE FREQ.: Semi-Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4319069
- Updated: 12/5/2025
- Added to Site: 71 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Gas, Gas
- Appliances: Dishwasher, Exhaust Hood, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms-B: 2
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Dog Park, Picnic Area, Walking Trails
Exterior
- Exterior Features: Fire Pit
Parking
- Carports: Yes
- Parking Features: Attached Carport
Location
- County: Buncombe
- Subdivision: Olivette
- Driving Directions: From I-26, take Exit 37 (Old Leicester Hwy / Riverside Drive) heading north toward Asheville. Continue on Riverside Drive / Old Leicester Hwy crossing the river. Then turn right onto Old Leicester Hwy. Western North Carolina Parade of Homes. Follow Old Leicester Hwy until you see signs for Olivette Road; turn right onto Olivette Road. Western North Carolina Parade of Homes. Continue on Olivette Road to 1069 Olivette Road, which is the main entrance. Olivette Riverside Community & Farm. At the entrance, turn right onto French Broad River Way and follow the internal road into the community.
School Information
- Elementary School: West Buncombe/Eblen
- Middle School: Clyde A Erwin
- High School: Clyde A Erwin
Community
- Assoc. Name: Community Association Management First Services
Heating & Cooling
- Cooling Type: Geothermal
- Heating Type: Geothermal
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Fiber Optics, Propane, Solar
Structural Information
- Construction: Site Built
- Exterior Const.: Hard Stucco, Wood
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Roof: Metal
- Main/1st Level: 1,165 Sq. Ft.
- Year Built: 2018
Lot Features
- Street/Road Desc.: Concrete, Paved
- Elevation (Approx.): 1500
- Lot Features: Views
- Fencing (Description): Back Yard
Financial Considerations
- Association Fee: $1,225
- Assoc Fee Freq.: Semi-Annually
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Restrictions: Other - See Remarks
- Property ID: 9721-73-4393-00000
- Lot Number: 5552-1987
Listed by Keller Williams Elite Realty
Get Pre-Approved Today
Schools
Schools serving 40 River Run
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Eblen Intermediate School 59 Lee's Creek Road, Asheville, NC 28806 | 5-6 | 2.6 mi |
West Buncombe Elementary 175 Erwin Hills Road, Asheville, NC 28806 | K-4 | 2.7 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 2.8 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2.6 mi |
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 40 River Run
Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$1,425,000
-1.72%
MLS
11/07/2025
Listed
$1,450,000
24.46%
MLS
11/22/2021
Sold
$1,165,000
—
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 River Run
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,790
7%
$755,400
—
2023
$7,274
1%
$755,400
—
2022
$7,199
1%
$755,400
1%
2021
$7,109
6%
$746,000
11%
2020
$6,701
962%
$670,800
961%
2019
$631
6%
$63,200
—
2018
$593
—
$63,200
—
2017
$593
-9%
$63,200
—
2016
$650
—
$63,200
—
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 River Run
40 River Run, Asheville, NC 28804 (MLS# 4319069) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 40 River Run is currently listed for $1,425,000 and was received on November 07, 2025. Want to learn more about 40 River Run? 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.

