Sold
Last Sold Price
6 beds3,283 sqft
38 Lone Coyote Rdg, Fletcher, NC 28732
1.34 acresLot Size
2003Year Built
$168/sq ftPrice per sq ft
6 carsParking Spaces

Description

Tremendous investment property in private setting only 20 minutes from Asheville. Low maintenance property with exceptional rental history and great cash flow. Recent upgrades. Great tenants and leases in place. 1.38 acre lot near the Local Joint and the town of Fairview. Hit the ground running with this turn-key multiplex!Tremendous investment property in private setting only 20 minutes from Asheville. Low maintenance property with exceptional rental history and great cash flow. Recent upgrades. Great tenants and leases in place. 1.38 acre lot near the Local Joint and the town of Fairview. Hit the ground running with this turn-key multiplex!
  • Listed by: • Appalachian Realty Associates
Listing closed: 03/31/2022 12:00 AM • Source: CANOPY, MLS#: 3827639

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Recent comparable sales

Median sold price

$632,500

Avg days on market

40

Sale-to-list ratio

96.1%

Fletcher, NC

9 comparable properties found

$650,000 | 9 Meadow Wood Trail, Fletcher, NC 28732
1/42
1

$650,000

Sold 05/08/26

3
Bedrooms
2,692
Square Feet
0.75
Acres
a front view of a house with garden
1/38
2

$632,500

Sold 03/06/26

3
Bedrooms
3,105
Square Feet
0.99
Acres
a front view of a house with a yard and garage
1/34
3

$648,000

Sold 08/06/25

3
Bedrooms
2,995
Square Feet
0.7
Acres
$745,000 | 10 Meadow Brook Drive, Fletcher, NC 28732
1/39
4

$745,000

Sold 04/15/25

4
Bedrooms
3,701
Square Feet
0.88
Acres
$495,000 | 142 Sequoyah Hills Drive, Fletcher, NC 28732
1/38
5

$495,000

Sold 06/15/26

3
Bedrooms
2,760
Square Feet
0.88
Acres
$525,000 | 1 Eastway Court, Fletcher, NC 28732
1/35
6

$525,000

Sold 06/15/26

6
Bedrooms
2,403
Square Feet
0.34
Acres
$2,890,000 | 151 Bridgewater Drive, Fletcher, NC 28732
1/49
7

$2,890,000

Sold 08/18/26

5
Bedrooms
4,113
Square Feet
7.79
Acres
a front view of a house with a yard
1/38
8

$615,000

Sold 08/24/26

5
Bedrooms
3,150
Square Feet
0.17
Acres
a front view of a house with a garden and yard
1/24
9

$630,850

Sold 01/15/26

5
Bedrooms
3,113
Square Feet
0.18
Acres

Location

Listing Courtesy of Appalachian Realty Associates

Sold By Beverly-Hanks, South

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$3,167 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,936

Property Taxes

$231

HOA Dues

$0

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Property Information for 38 Lone Coyote Ridge

Property Details
  • MLS Type: Sale / Residential / Building / 1 / 1
  • Architectural Style: Other
  • Waterfront Features: None
  • Zoning Description: OU
  • Parking Features: Driveway
  • Subdivision Name: None
Building Information
  • Year Built: 2003
  • Lot Size: 1.34 AC / 58,370 SF
Summary
Location and General Information
  • Longitude: -82.433545
  • Geocode Source: Manual
  • Latitude: 35.519407
  • Directions: From Asheville, 74E to R onto Emmas Grove. 2nd L onto Gap Creek Rd. Lone Coyote Ridge in on L across from storage center.
  • Zoning NCM: OU
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $395,800.00
  • Parcel Number: 9676-81-5615-00000
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Total Spaces: 6.0
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 2000
  • Structure Type: Triplex
  • Below Grade Finished Area: 1538.0
  • Sq Ft Garage: 0
  • Sq Ft Unheated Basement: 205
  • Lot Features: Private, Sloped, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction YN: No
  • Photos Count: 38
  • Road Responsibility: Private Maintained Road
  • Construction Type: Off Frame Modular
  • Assumable: No
  • Permit Syndication: Yes
  • Proposed Special Assessment: No
Utilities
  • Sewer: Septic Installed
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Porch: Back,Covered,Front
  • Property Features: Cable Available,Dishwasher,Range/Oven,Refrigerator,W/D Connection
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Asphalt
Interior Features
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Water Heater: Electric
  • Heating: Heat Pump
  • Laundry Features: Other
  • Flooring: Carpet, Vinyl
  • Foundation Details: Basement Partially Finished, Block
Multi Family
Multi-Family Information
  • Unit Count: 3
  • Number Of Units Total: 3
Unit 1
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 814
  • Unit Rooms: Breakfast,Kitchen,Living Room
Unit 2
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 814
  • Unit Rooms: Breakfast,Kitchen,Living Room
Unit 3
  • Baths Full: 2
  • Beds Total: 2
  • SqFt Total: 1449
  • Unit Rooms: Breakfast,Kitchen,Living Room
Rental
Rent Information
  • Tenant Pays: Cable TV, Garbage Pick-up, All except water
  • Rent Includes: Exterior Maintenance, Water
  • Pets Allowed: Yes

Property History for 38 Lone Coyote Ridge

DateEvent & SourcePriceAppreciation
Mar 31, 2022

Closed

CANOPY #3827639

$550,000—
Mar 24, 2022

Closed (Public Record)

Public Record #1486380454

$550,000

+8.9% / yr

Feb 9, 2022

Under Contract-No Show

CANOPY #3827639

—
DateEvent & SourcePrice
03/31/2022

Closed

CANOPY #3827639

$550,000
03/24/2022

Closed (Public Record)

Public Record #1486380454

$550,000

+8.9% / yr

02/09/2022

Under Contract-No Show

CANOPY #3827639

—

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

Public Records for 38 Lone Coyote Ridge

Taxable ValueLand-Additions-Total-
Tax Record2025$2,774 ($231 / month)
Home Facts
Beds6Baths4Total Finished SqFt3,280 SqFtAbove Grade Finished SqFt1,736 SqFtFinished Basement SqFt1,544 SqFtStories1Lot Size58,370 SqFtStyleSingle Family ResidenceYear Built2003ZoningDEED DATE: 20CountyBUNCOMBEAPN9676-81-5615-00000

Schools near 38 Lone Coyote Ridge

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 - 7 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
Public7 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 38 Lone Coyote Ridge, Fletcher, NC 28732
$550,000
6
3,283
58,370
$79,000
–
–
–
52,707
$440,000
3
2,100
53,578
$265,000
3
1,378
52,707
$379,500
3
1,334
52,707
$92,500
3
2
2,064
33,106

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Appalachian Realty Associates

Based on information submitted to the MLS GRID as of 05/18/2022 06:07 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.