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11 Margaret LaneAsheville, NC 28805MLS Number 3564996

  • Price: $500,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.73% last updated on 2019-12-12

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 3Bedrooms
  • 3Bathroom
  • 1993Year Built
  • 2755Square Feet

Timeless treasure in Riceville Forest. Private 4.5-acre parcel where the sun rises right outside your master bedroom. These amazing views are of the beautiful Western North Carolina mountains and can be seen from inside or outside the home. Offering beautiful random width hardwood floors throughout the main level which have just been totally refinished. Open floor plan with large windows and two-story great room make the home full of natural light. Split bedroom plan for optimal privacy. Extra room and full bath downstairs with large slate landing ideal for a mudroom. Unfinished portion of basement is insulated with electrical outlets and lights ready for walls and flooring for an additional 1500 living space. Detached 2 car garage with room for workshop as well as stairs to upper level ready to finish for an apartment which could be used as a short-term rental. Furnace recently serviced, well pump and filtration new 2016, 6800 watt generator included.

Listed by Julie May of Beverly-Hanks, Merrimon

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More Info


  • Parking SpacesBasement, Detached Garage, Driveway, Garage - 2 Car, Garage - 4+ Car


  • Year Built1993
  • Construction TypeSite Built
  • Bathroom3
  • Full Bath3
  • Bedrooms3
  • FloorsTile, Wood
  • Basement Sq Ft Finished416
  • Sq Ft Level 12339
  • Sq Ft Unheated Basement1923
  • Square Feet2755
  • Foundation DetailsBasement, Basement Garage Door, Basement Partially Finished, Concrete


  • Architectural StyleContemporary, Traditional
  • Exterior FeaturesWorkshop
  • Property StyleWood 1 Story Basement
  • PorchBack, Covered, Deck, Front, Side


  • Number of Photos28
  • Date Photo2019-11-04T07:10:32

Basic Information

  • Virtual TourClick Here
  • StatusSHOW
  • ListingTypeExclusive Right
  • PropertyTypeSingle Family
  • List Price$500,000
  • Broker NameBeverly-Hanks, Merrimon
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3564996


  • Acreage4.54
  • Elevation2500-3000 ft. Elev.
  • Lot Description
    • Long Range View
    • Mountain View
    • Paved Frontage
    • Private
    • Sloping
    • Trees
    • Winter View
    • Wooded
    • Year Round View
  • DriveAsphalt


  • HeatingCentral Air, Gas Floor Furnace, Heat Pump - AC, Propane
  • WaterWell Installed
  • SewerSeptic Installed
  • Water HeaterPropane
  • Appliances
    • Ceiling Fan(s)
    • Central Vacuum
    • Dishwasher
    • Generator
    • Oven
    • Refrigerator
    • Wall Oven


  • Building Number11
  • StreetMargaret Lane
  • Mailing CityAsheville
  • StateOrProvinceNC
  • Zip28805
  • CountyBuncombe
  • SubdivisionRiceville Forest
  • DirectionsRiceville Road to left into Riceville Forest onto Independance Blvd. Turn right onto Lafayette Ave, Turn left onto gravel road at sign that has pointer that says to Margaret Lane. Turn right onto paved road Margaret Lane, stay to right at first fork and
  • ElementarySchoolBell
  • MiddleSchoolAC Reynolds
  • HighSchoolAC Reynolds


  • FireplaceGreat Room
  • Interior Features
    • Cathedral Ceiling(s)
    • Garden Tub
    • Kitchen Island
    • Open Floorplan
    • Pantry
    • Split BR Plan
    • Walk-In Closet(s)


  • Modification Date12/06/2019
West Asheville Real Estate

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West Asheville Real Estate
51 Watauga Street - Unit D
Asheville NC, 28801

Office: 828.215.4200

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