120 Fordbrook Rd, Asheville, NC, 28806

$13,000,000

3 Bedrooms
2 Full Baths
1,871 SqFt
$6,948/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1947
HeatingHot Water, Wood Stove
CoolingOther
BasementYes
FireplaceLiving Room
MLS #4205385
StatusActive

About 120 Fordbrook Rd

One-of-a-kind property with stunning views of downtown Asheville and the Grove Park Inn. 268± acre property located off Sardis Road in Asheville. This land features gentle, rolling pastures, some woodlands, creek frontage, a well-maintained 1947 home, two manufactured home sites, and an old homestead with no value. It is currently being operated as a horse boarding facility. There's ample pastureland and six shelters for horses. The barn with stalls needs some repair. This prime property is just 1-mile from shopping and dining, making it an ideal opportunity for investors. Private estate, residential/multi-home development, and health/wellness/spa retreat are all feasible uses.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 1,871 SqFt

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Fletcher
  • Office Email: billy.taylor@allentate.com

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Hot Water, Wood Stove
  • Cooling: Other

Other

Directions Information:

  • Directions: I26 to Brevard Road to Sardis Road, Fordbrook about 1 mile on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $13,000,000
  • Price Per SqFt: $6,948/SqFt

Tax Information:

  • Annual Amount: $3,446
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Asheville, NC.

Med. Sold Price

$489.4K

Med. Price/SqFt

$311

Avg. Days On Market

58

# of Sold Homes

70

120 Fordbrook Rd vs Asheville

6 DAYS ON ROCKET

-52 Days

$13,000,000

+$12.5M More

$6,948/SqFt

+$6.6K More

KEY TAKEAWAY

This property is $12.5M more than the Median Sold Price and $6.6K/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4205385

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Fletcher
  • Office Email: billy.taylor@allentate.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,446$722,300
2020$3,446$1,407,700
2019$3,364$1,407,700
2017$3,419$1,407,700

History based on county public records data.

Payment Calculator

$64.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$39K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2004138
5
/10
  • Sand Hill-Venable Elementary School

  • 154 Sand Hill School Rd

  • 2.20 miles

  • Public District Grades KG-4

school-card-donut-2004139
6
/10
  • Hominy Valley Elementary School

  • 450 Enka Lake Rd

  • 2.24 miles

  • Public District Grades KG-4

school-card-donut-2004140
6
/10
  • Vance Elementary School

  • 98 Sulphur Springs Rd

  • 3.93 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,168. Most Asheville, NC residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Asheville, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Asheville, NC?

Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.

Is Asheville, NC a good place to live?

Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.

Are things conveniently located in Asheville, NC?

The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.

What does the transportation in Asheville, NC look like?

Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.

Frequently Asked Questions About 120 Fordbrook Rd

What is the listing price of this property?

The listing price of 120 Fordbrook Rd property is $13,000,000.

What type of property is this?

The property 120 Fordbrook Rd is a house located in Asheville, North Carolina, 28806.

Is this property for sale now?

Active Listing: 120 Fordbrook Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,446 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 120 Fordbrook Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 120 Fordbrook Rd is 1,871 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Fordbrook Rd is 1947.
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Rocket HomesNorth CarolinaBuncombe CountyAsheville28806120 Fordbrook Rd

This home is located at 120 Fordbrook Rd in Asheville, NC and zip code 28806. This 1,871 square foot home was built in 1947. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $13,000,000.

Over 9 listings were sold over their listed price in November 2024 in Asheville, NC. In the same period over 51 listings were sold below the listed price and 10 listings were sold for the listed price. In November 2024 in Asheville, NC there were 13% more homes for sale than in October 2024. In November 2024 median list price was $489,456 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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