40 Little Knob Road, Asheville, NC 28803
None · Buncombe County
Key Facts
Description
This 3-bedroom, 1-bath home has been a successful long-term rental for many years and offers a fantastic opportunity for homeowners and investors alike. This property includes nearly an acre of land, boasting a beautiful, spacious lot with a large backyard, ideal for outdoor activities, gardening, or simply enjoying the peaceful surroundings. Recent updates enhance the home’s charm, providing modern touches while maintaining its cozy appeal. Conveniently located near Asheville’s amenities, yet offering plenty of space to spread out, this home is a rare find. Don’t miss your chance to own a piece of Asheville.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1940
Living Area
1,388 sq ft
Zoning
R-1
Days on Market
7
MLS® Listing#
4381380
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Patio
Lot Features
Roof
Security
Sewer
Water Source
Schools
- Elementary:
- Oakley
- Middle:
- AC Reynolds
- High:
- AC Reynolds
Financial Details
HOA
None
Assessed Value
$234,300
Parcel Number
9667-57-0804-00000
Affordability Calculator
$59,000
Estimated monthly payment
$1,570/mo
Principal $236,000 · Est. interest $329,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Asheville, NC
- $592,395
- Median Listing Price
- 74
- Median Days on Market
- 1,883
- Median Sq Ft
- $325
- Median Price / Sq Ft
- 988
- Active Listings
- This home’s price is 50% below the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Asheville, NC.
Location
Points of Interest in Asheville, NC
Showing the Asheville area map.
Nearby Schools
A C Reynolds Middle
Secondary · 1.0 mi away
AC Reynolds High School
Secondary · 1.2 mi away
Oakley Elementary School
Elementary · 1.8 mi away
Charles C Bell Elementary School
Elementary · 2.0 mi away
Parkway Christian Academy
School · 2.0 mi away
Asheville Anglican Academy
School · 2.3 mi away
Haw Creek Elementary School
Elementary · 2.6 mi away
Evergreen Community Charter School
Elementary · 3.0 mi away
Artspace Charter School
Elementary · 3.6 mi away
Key School
School · 3.9 mi away
Carolina Day School
Secondary · 4.0 mi away
School of Inquiry and Life Sciences
Secondary · 4.1 mi away
Asheville High School
Secondary · 4.1 mi away
Buncombe County School
Secondary · 4.1 mi away
Asheville City Schools
School · 4.2 mi away
Discovery Montessori School
Elementary · 4.3 mi away
A-B Tech Conference Center
School · 4.3 mi away
Carolina Mountain Montessori
Elementary · 4.3 mi away
Literacy Council of Buncombe County
Elementary · 4.4 mi away
Fairview Preschool
School · 4.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3005 Sagamore Lane, Asheville, NC | $210,000 | 2 | 2 | 1,003 |
| 2904 Sagamore Lane, Asheville, NC | $215,000 | 2 | 2 | 1,129 |
| 123 Appeldoorn Circle, Asheville, NC | $218,000 | 2 | 2 | 984 |
| 48 Ravencroft Lane F48, Asheville, NC | $219,000 | 2 | 2 | 959 |
| 111 Appeldoorn Circle, Asheville, NC | $219,000 | 2 | 2 | 992 |
| 163 Old Leicester Highway, Asheville, NC | $219,500 | 2 | 2 | 1,120 |
Moving Cost Estimate
EXIT Agents in Asheville
Listing Courtesy: Keller Williams Biltmore Village - Steven@AshevillesDreamTeam.com
Last Updated: 2026-06-02
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