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$1,250,000
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Property Description & Video
40 River Run, Asheville, NCVideo Tour of 40 River Run, Asheville, NC.
Set along a remarkably peaceful stretch of the French Broad River, 40 River Run offers a living experience that feels deeply connected to the rhythm of nature. From the moment you step inside, the sound of rushing water and gentle rapids becomes part of the home itself-creating a calm, grounding backdrop that changes with the seasons yet never loses its presence. Spend your mornings on the deck watching mist rise off the river while bald eagles glide overhead and dive for fish just beyond the shoreline. Evenings are slower here, shaped by sunsets reflecting across the water and the quiet stillness that settles in at dusk. Tucked within one of Asheville's most thoughtfully designed agrihood communities, residents enjoy miles of walking trails, community gardens, shared river access, open green space, and a lifestyle centered around connection, simplicity, and the outdoors. Whether it's fishing, swimming, kayaking, watching wildlife wander the riverbanks, or simply sitting still and listening to the water, this property invites you to experience the natural beauty of Western North Carolina in a way few homes can. Inside, the 2,331 sqft home blends warmth, comfort, and intentional craftsmanship. Heated floors, a Sonos sound system, circulation tub, and thoughtfully designed living spaces create an atmosphere that feels both elevated and relaxed. A spacious workshop offers flexibility for woodworking, storage, hobbies, or creative pursuits. Designed with sustainability and efficiency in mind, the home features geothermal HVAC, an indoor solar battery system, rainwater collection, minimal propane usage, and an impressive HERS Rating of 52. Importantly, the property is not located within a flood plain and experienced no flooding or damage from Hurricane Helene. 40 River Run is more than a home-it's the feeling of being immersed in the river, the mountains, and the quiet beauty of everyday life along the French Broad.
Full Property Details
Full Property Details for 40 River Run
General
- Price: $1,250,000
- HOA FEE: $204/month
- HOA FEE FREQ.: Semi-Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4319069
- Updated: 5/25/2026
- Added to Site: 209 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 Mtn Partners, LLC
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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 ATTOM Data Solutions 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
5/25/2026
Price Reduced
$1,250,000
-3.47%
MLS
4/27/2026
Price Reduced
$1,295,000
-1.15%
MLS
4/16/2026
Price Reduced
$1,310,000
-2.96%
MLS
4/03/2026
Price Reduced
$1,350,000
-2.88%
MLS
3/17/2026
Price Reduced
$1,390,000
-0.71%
MLS
2/11/2026
Price Reduced
$1,400,000
-1.75%
MLS
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 $1,250,000 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.

