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$875,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2 Car Garage
  • Updated 22 hours ago
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Wake up to mountain views and end the day with unforgettable sunsets in this beautifully designed home, set in a desirable upscale neighborhood just minutes from downtown Asheville. The main level is open and inviting, with living and dining spaces that feel equally suited for quiet mornings and easy entertaining. A see-through fireplace opens to the back porch, creating a natural flow between indoor comfort and outdoor living. The kitchen sits at the center of the home and connects effortlessly to the main living areas, making it easy to stay connected whether you are cooking, hosting, or simply enjoying the space. Three bedrooms are located on the main level, including a primary suite that opens to the back porch and offers a peaceful retreat with a spacious walk-in closet and a tiled bath with a soaker tub. The finished lower level expands how the home lives day to day. A private home gym with sauna and cold plunge creates a true wellness space, while a third full bath and two additional finished rooms offer flexibility for work, guests, or creative pursuits. This level allows the home to adapt easily to changing needs and lifestyles. Owned solar panels support energy efficiency and long-term savings, while the yard provides room to relax, play, or gather outdoors. An oversized garage and the convenience of being just minutes to downtown Asheville round out a home designed for both comfort and balance.

Full Property Details for 5 Magnolia Farms Dr

General

  • Price: $875,000
  • HOA FEE: $30/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4342638
  • Updated: 2/6/2026
  • Added to Site: Today

Interior

  • Interior Features: Cable Prewire, Garden Tub, Open Floorplan, Pantry, Sauna, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Great Room, Great Room
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main - Full Baths: 2
  • Basement Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Other Rooms

  • Laundry: Laundry Room, Main Level

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Buncombe
  • Subdivision: Magnolia Farms
  • Driving Directions: right onto Hazel Mill Rd, left onto Emma Rd, right onto Old County Home Rd, right onto Lee's Creek Rd, right onto Erwins Hills Rd, right onto Magnolia Farms Dr, home is on the right

School Information

  • Elementary School: West Buncombe/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Community

  • Assoc. Name: Magnolia Farms HOA

Heating & Cooling

  • Cooling Type: Ductless, Heat Pump
  • Heating Type: Ductless, Heat Pump

Utilities

  • Sewer: Septic Installed
  • Water: City
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: Arts and Crafts
  • Construction: Site Built
  • Exterior Const.: Fiber Cement
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Finished, Interior Entry
  • Roof: Architectural Shingle
  • Main/1st Level: 2,087 Sq. Ft.
  • Year Built: 2016

Lot Features

  • Street/Road Desc.: Concrete, Paved
  • Rcmdd Zoning: OU

Financial Considerations

  • Association Fee: $360
  • Assoc Fee Freq.: Annually

Disclosures and Reports

  • Property ID: 9720-51-4289-00000
  • Lot Number: 5633-902

Listed by NextHome Partners

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Listing agents

— 5 Magnolia Farms Dr —

  • NextHome Partners

  • NextHome Partners

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5 Magnolia Farms Dr

School District:Buncombe County Schools
NameGradesDistance
West Buncombe Elementary
175 Erwin Hills Road, Asheville, NC 28806
K-40.5 mi
Clyde A Erwin High
60 Lees Creek Road, Asheville, NC 28806
9-120.6 mi
Clyde A Erwin Middle School
20 Erwin Hills Road, Asheville, NC 28806
7-80.4 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 5 Magnolia Farms Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$875,000
251.41%
MLS
6/19/2023
Sold
$249,000
—
Public Record
Get Price Alerts and Save Property
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 for 5 Magnolia Farms Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,614
10%
$518,800
—
2023
$3,284
2%
$518,800
—
2022
$3,232
—
$518,800
—
2021
$3,232
4%
$518,800
12%
2020
$3,096
27%
$462,800
790%
2019
$2,434
22%
$52,000
-83%
2018
$1,987
479%
$301,500
480%
2017
$343
53%
$52,000
68%
2015
$224
3%
$30,900
—
2014
$218
—
$30,900
—
2013
$218
—
$30,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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5 Magnolia Farms Drive, Asheville, NC 28806 (MLS# 4342638) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5 Magnolia Farms Drive is currently listed for $875,000 and was received on February 06, 2026. Want to learn more about 5 Magnolia Farms 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.

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