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40 Mountain Shadows Drive, Leicester, North Carolina 28748

  • $695,000
  • $749,000

Description

Previously under contract with no property-related issues, the home was being considered for short-term rental use and has now returned to market through no fault of its own—-repositioned at a compelling value. Exceptional opportunity at 40 Mountain Shadows Drive. Days on market do not reflect the full value of this home, which was initially introduced during winter in a shifting economy and amid rising fuel and utility costs. Set on more than an acre of usable land with year-round mountain views, this refined mountain residence offers a rare combination of privacy, sophistication, and convenience just minutes from downtown Asheville. Privately tucked within an established enclave, the property provides the ideal balance of quiet seclusion and quick access to acclaimed dining, boutique shopping, and premier medical facilities. Inside, soaring ceilings, abundant natural light, and timeless architectural details create a warm yet elegant atmosphere. The open-concept layout flows seamlessly from the gourmet kitchen to expansive living and dining areas, designed for both effortless everyday living and memorable entertaining. The main-level primary suite offers a true retreat, while the spacious upstairs en-suite with walk-in closet adds flexibility as a second primary suite, executive office, or private lounge. The walk-out lower level expands the home’s versatility with a large family room, vented gas fireplace, full bath, kitchenette, and additional flex spaces, ideal for extended guests, recreation, or multi-generational living. Outdoors, covered porches, a scenic patio, and manicured grounds frame the beautiful mountain setting, while dual oversized garages with workshop space provide exceptional utility. Opportunities of this caliber, offering privacy, scale, and proximity to Asheville, are increasingly rare. Explore 40 Mountain Shadows Drive from the comfort of home with a virtual tour, OPEN HOUSES- are virtual – or contact the listing agent to arrange a private in-person showing. Rent-to-own may also be available; inquire for details.

  • Address: 40 Mountain Shadows Drive
  • City: Leicester
  • State/county: NC
  • Zip/Postal Code: 28748
  • Area: Mountain Shadows

Details

Updated on June 5, 2026 at 9:05 pm
  • Property ID 4306216
  • Price $695,000
  • Bedrooms 3
  • Bathrooms 4
  • Garages 4
  • Year Built 2006
  • Property Type Single Family Residence, Residential
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Conventional, Exchange, FHA, USDA Loan, VA Loan, Other - See Remarks
  • Association Fee 500
  • Roof Architectural Shingle
  • Utilities Natural Gas, Underground Power Lines
  • Sewer Septic Installed
  • Cooling Ceiling Fan(s), Heat Pump
  • Heating Heat Pump
  • Flooring Carpet, Tile, Wood
  • County Buncombe
  • Property Type Residential
  • Parking Driveway, Attached Garage
  • Elementary School Leicester/Eblen
  • Middle School Clyde A Erwin
  • High School Clyde A Erwin
  • Community Features Sidewalks
  • Architectural Style Arts and Crafts, Contemporary, Modern, Post and Beam, Traditional

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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