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$799,000
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Property Description
Welcome to this versatile 4-bedroom, 3-bath home that offers both comfort and flexibility for a variety of lifestyles. The main level showcases an open and inviting floor plan with hardwood flooring throughout the primary living spaces, creating a warm & timeless feel. Natural light fills the home, highlighting the thoughtful design and making each room feel bright and welcoming. One of the property's most valuable features is the fully finished lower-level apartment. With its own kitchen, living area, bedroom, office, and bath-and a no-stair entry-it's perfectly suited for multi-generational living, long-term guests, or as an income-producing short-term rental. This rare setup allows the home to function as two separate living spaces while still maintaining a cohesive and comfortable flow. The large fenced yard provides ample space for children, pets, or entertaining, with plenty of room for gardening, play, or outdoor gatherings. Inside, the thoughtful layout accommodates both privacy and togetherness, making it ideal for extended families or owners looking for extra flexibility. Whether you're searching for a primary residence that offers room for everyone, an investment opportunity with proven rental potential, or a home designed to adapt as your needs change, this property delivers. Blending natural light, timeless finishes, and modern versatility, it's a place where multiple generations can thrive under one roof-or where you can enjoy both a personal home and an income stream. Currently no restrictions on short term rentals in the neighborhood.
Full Property Details
Full Property Details for 47 Timberwood Dr
General
- Price: $799,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4294501
- Updated: 10/20/2025
- Added to Site: 144 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Living Room
- Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Hood
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper 2 - Full Baths: 1
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Main Level
Parking
- Garage: Yes
- Garage Description: 378 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Basement
Location
- County: Buncombe
- Subdivision: Serenity Forest
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: City
Structural Information
- Architectural Style: Traditional
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Partial, Fiber Cement, Hardboard Siding
- Basement: Yes
- Basement Desc.: Apartment, Daylight, Interior Entry, Walk-Out Access
- Roof: Composition
- Main/1st Level: 2,070 Sq. Ft.
- Year Built: 2005
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Private, Wooded
- Fencing (Description): Fenced, Front Yard
Horse Property
- Horse Facility Desc.: None
Financial Considerations
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Property ID: 9629-06-4624-00000
- Plat: 65
- Lot Number: 5299/437
Listed by Ivester Jackson Blackstream
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Schools
Schools serving 47 Timberwood Dr
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 0.7 mi |
West Buncombe Elementary 175 Erwin Hills Road, Asheville, NC 28806 | K-4 | 0.8 mi |
Eblen Intermediate School 59 Lee's Creek Road, Asheville, NC 28806 | 5-6 | 1 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 0.9 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 47 Timberwood Dr
Date
Details
Price
Change
Source
10/20/2025
Price Reduced
$799,000
-1.96%
MLS
8/27/2025
Listed
$815,000
103.75%
MLS
3/30/2015
Sold
$400,000
—
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 47 Timberwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,109
7%
$446,300
—
2024
$2,913
3%
$446,300
—
2023
$2,825
2%
$446,300
—
2022
$2,780
—
$446,300
—
2021
$2,780
19%
$446,300
27%
2020
$2,343
—
$350,200
—
2019
$2,343
2%
$350,200
—
2018
$2,308
—
$350,200
—
2017
$2,308
-3%
$350,200
7%
2015
$2,381
3%
$328,800
—
2014
$2,315
—
$328,800
—
2013
$2,315
—
$328,800
—
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 47 Timberwood Dr
47 Timberwood Drive, Asheville, NC 28806 (MLS# 4294501) is a Single Family property with 4 bedrooms and 3 full bathrooms. 47 Timberwood Drive is currently listed for $799,000 and was received on August 27, 2025. Want to learn more about 47 Timberwood 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.

