120 Summit Tower Cir, Asheville, NC, 28804

$3,650,000

4 Bedrooms
4 Full Baths, 2 Partial
5,972 SqFt
$611/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage
Attached GarageYes
Year Built2015
HeatingGeothermal
CoolingGeothermal
BasementYes
FireplaceFamily Room, Gas, Living Room, Outside
ViewMountain(s)
MLS #4085247
StatusAccepting Backup Offers
(Active Under Contract)

About 120 Summit Tower Cir

Discover the essence of luxury living in this stunning custom-built Morgan-Keefe home in Asheville's prestigious Reynolds Mountain community. This contemporary Arts and Crafts residence offers long-range mountain views and combines elegance with modern comforts. The home features four spacious bedrooms, each with its own ensuite bathroom, and two offices, ideal for working from home. The custom-designed kitchen is equipped with top-of-the-line appliances, perfect for culinary enthusiasts. The property boasts two great rooms on each level featuring custom leathered marble fireplaces. The primary suite includes a private screened-in porch, a lavish oversized shower, and a soaking tub. Outdoor living is enhanced by expansive porches with a stone fireplace, perfect for entertaining or relaxing while enjoying breathtaking mountain scenery. Energy efficiency is ensured with a geothermal heating system. Additional amenities include a three-car garage with extensive storage space.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2015
  • Living Area: 5,972 SqFt

Listing Office:

  • Office Name: Premier Sotheby’s International Realty
  • Office Phone: (828) 712-7877

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Cable Prewire, Elevator, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fireplace: Family Room, Gas, Living Room, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Outdoor Kitchen

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage

Utilities

Utilities Information:

  • Heating: Geothermal
  • Cooling: Geothermal

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,650,000
  • Price Per SqFt: $611/SqFt

HOA Fees:

  • Amount: $1700
  • Frequency: Annually

Tax Information:

  • Annual Amount: $22,324
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$490.4K

Med. Price/SqFt

$311

Avg. Days On Market

32

# of Sold Homes

70

120 Summit Tower Cir vs Asheville

150 DAYS ON ROCKET

+118 Days

$3,650,000

+$3.1M More

$611/SqFt

+$299 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $299/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4085247

Listing Office:

  • Office Name: Premier Sotheby’s International Realty
  • Office Phone: (828) 712-7877

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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: 11/14/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2013Home Sold
$262,000
Aug 09, 2004Home Sold
$219,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,324$2,730,500
2020$22,323$2,327,800
2019$21,159$2,327,800
2017$21,392$2,327,800

History based on county public records data.

Payment Calculator

$18.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

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-197625
2
/10
  • Woodfin Elementary School

  • 108 Elk Mountain Rd

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-197626
6
/10
  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.89 miles

  • Public Magnet Grades PK-5

school-card-donut-197627
8
/10
  • Weaverville Elementary School

  • 129 S Main St

  • 2.53 miles

  • Public District Grades 2-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,605. The majority of Asheville, NC residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically 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 Summit Tower Cir

What is the listing price of this property?

The listing price of 120 Summit Tower Cir property is $3,650,000.

What type of property is this?

The property 120 Summit Tower Cir is a house located in Asheville, North Carolina, 28804.

Is this property for sale now?

Accepting Backup Offers: 120 Summit Tower Cir is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,324 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 21, 2013 for $262,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 120 Summit Tower Cir has 4 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 120 Summit Tower Cir is 5,972 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Summit Tower Cir is 2015.
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Rocket HomesNorth CarolinaBuncombe CountyAsheville28804120 Summit Tower Cir

This home is located at 120 Summit Tower Cir in Asheville, NC and zip code 28804. This 5,972 square foot home was built in 2015. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $3,650,000.

In October 2024 more than 18 listings in Asheville, NC were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 37 were sold below. The number of homes for sale in Asheville, NC decreased by 8.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $490,473, while the average time on the real estate market was 32 days.

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

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