117 Sovereign Ln

46,173 / 1.06
Lot Size / Acres

Description

Welcome to Monarch Estates, an enchanting oasis nestled in tranquility. As you draw closer, prepare to be captivated by the beauty that surrounds you. A hidden gem, this private and gated community is a testament to serenity, offering an idyllic escape from everyday life. Your adventure begins with a scenic drive through countryside scattered with equestrian and agricultural properties, where rolling hills and verdant pastures beckon you towards the gates of Monarch Estates. From the moment you enter,...Welcome to Monarch Estates, an enchanting oasis nestled in tranquility. As you draw closer, prepare to be captivated by the beauty that surrounds you. A hidden gem, this private and gated community is a testament to serenity, offering an idyllic escape from everyday life. Your adventure begins with a scenic drive through countryside scattered with equestrian and agricultural properties, where rolling hills and verdant pastures beckon you towards the gates of Monarch Estates. From the moment you enter, you are greeted by an air of exclusivity that emanates from every corner of this mesmerizing sanctuary. Just a mere 25 minutes away from the vibrant city of Asheville, Monarch Estates is a region that seamlessly blends the convenience of urban living with the stillness of nature. While the bustling streets of Asheville may lie within reach, you will find yourself completely immersed in a world of ethereal beauty, where time seems to slow and worries outside simply fade.
  1. Listed by Grady Bradshaw • Preferred Properties • grady@preferredprop.com

Property Details for 117 Sovereign Lane

Community Features
Gated, Picnic Area, Playground, Recreation Area
Subdivision Name
Monarch Estates
LISTING UPDATED: 10/08/2025 11:04 AM

Property Details for 117 Sovereign Lane

StatusActive
MLS #4269331
Days on Market198
Taxes-
HOA Fees$700 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size1.06 AC
CountyBuncombe County

Location

Listing Courtesy of Preferred Properties
Add your commute

Building Information for 117 Sovereign Lane

Lot Size1.06 AC

Payment Calculator

$288 per month

30 year fixed, 6.15% Interest

Principal and Interest

$195

Property Taxes

$35

HOA Dues

$58

The Payment Calculator is for illustrative purposes only.

Property Information for 117 Sovereign Lane

Summary
Location and General Information
  • Longitude: -82.403876
  • Zoning: OU
  • Latitude: 35.47868
  • Directions: Taking US 74A East in the direction of the Blue Ridge Parkway/Bat Cave. Continue to Upper Brush Creek Road. Take a right turn onto this road. Upper Brush Creek Road to Brush Creek Road. Take a left turn onto this road. Brush Creek Road to Sovereign Lane. Sovereign Lane, the entrance to Monarch Estates. After entering the gate, continue on Sovereign Lane to the top of the road. GPS: please enter the actual address of 117 Sovereign Lane, Fairview for accurate navigation.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $700.00
  • Tax Assessed Value: $59,700.00
  • Parcel Number: 9684-66-8520-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Cane Creek
  • High School: AC Reynolds
  • Elementary School: Fairview
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Elevation: 2000
  • Wooded Area: 1.06
  • Sq Ft Building Minimum: 99999
  • Lot Features: Hilly, Paved, Private
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 41
  • Road Responsibility: Private Maintained Road
  • Senior Community YN: No
  • Proposed Special Assessment: No
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
Utilities
  • Sewer: Septic Needed
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 117 Sovereign Lane

DateEvent & SourcePriceAppreciation
Jun 25, 2025

Listed (Active)

CANOPY #4269331

$40,000—
Mar 13, 2025

Expired

CANOPY #4068879

$40,000—
Oct 30, 2023

Price Change

CANOPY #4068879

$45,000—
Sep 12, 2023

Listed (Active)

CANOPY #4068879

$50,000—
Jul 5, 2019

Closed (Public Record)

Public Record #647858000

$10,000

-19.4% / yr

Aug 3, 2007

Closed (Public Record)

Public Record #226361166

$130,000—
DateEvent & SourcePrice
06/25/2025

Listed (Active)

CANOPY #4269331

$40,000
03/13/2025

Expired

CANOPY #4068879

$40,000
10/30/2023

Price Change

CANOPY #4068879

$45,000
09/12/2023

Listed (Active)

CANOPY #4068879

$50,000
07/05/2019

Closed (Public Record)

Public Record #647858000

$10,000

-19.4% / yr

08/03/2007

Closed (Public Record)

Public Record #226361166

$130,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 Sovereign Lane

Taxable ValueLand-Additions-Total-
Tax Record2025$422 ($35 / month)
Home Facts
Beds0Lot Size46,174 SqFtStyleResidentialZoningDEED DATE:07/CountyBUNCOMBEAPN9684-66-8520-00000

Schools near 117 Sovereign Lane

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fairview Elementary
PublicK to 5

Cane Creek Middle
Public6 to 8

A C Reynolds High
Public9 to 12

Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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117 Sovereign Lane is a 1.06 ac of land for sale in Fairview, NC 28730. This property was listed for sale on June 25, 2025 by Preferred Properties, it's currently listed at $40,000. It has been on the market for a total of 198 days and was last sold on July 5, 2019. This listing's school district is Buncombe County Schools. Nearby schools include Fairview Elementary, Cane Creek Middle and A C Reynolds High. 117 Sovereign Lane is a 0-bed, 0-bath, 1.06 ac of land on a 46,173 sq. ft. / 1.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Preferred Properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/09/2026 06:19 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.