Last Sold Price
4 beds3,220 sqft$559/sqft
40 Forest Rd, Asheville, NC 28803

Description

An impeccable renovation has transformed this classic Colonial cottage into a masterfully curated residence where timeless architecture meets elevated modern living. Extensive custom trim details and fine millwork anchor the interiors, honoring the home’s heritage while introducing a fresh, sophisticated aesthetic. Designed for grand entertaining and intimate gatherings, the chef’s gourmet kitchen is the heart of the home, thoughtfully appointed with premium appliances, abundant workspace and seamless...An impeccable renovation has transformed this classic Colonial cottage into a masterfully curated residence where timeless architecture meets elevated modern living. Extensive custom trim details and fine millwork anchor the interiors, honoring the home’s heritage while introducing a fresh, sophisticated aesthetic. Designed for grand entertaining and intimate gatherings, the chef’s gourmet kitchen is the heart of the home, thoughtfully appointed with premium appliances, abundant workspace and seamless flow into adjoining living areas. A breathtaking sunroom pavilion lives beautifully large, wrapped in natural light and garden views, creating a seamless connection to the outdoors while offering year-round comfort. It is the kind of space that becomes everyone’s favorite room. Formal living and dining spaces remain warm and inviting, refined yet cozy, while the fully updated baths reflect a timeless sensibility with elevated finishes and enduring style. The finished lower-level garage, complete with heat and air, provides exceptional flexibility for hobbies, a fitness studio, workshop or climate-controlled storage. Completing the property is a charming guest cottage, ideal for visitors, extended family or a private office retreat, offering privacy and versatility. A rare offering where craftsmanship, character and thoughtful renovation converge beautifully.
LISTING CLOSED: 06/03/2026 12:00 AM

  1. Listed by Premier Sotheby’s International Realty • 828-279-3980

Property Details for 40 Forest Road

Status
MLS #
4353603
Days on Market
28
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1928
Lot Size
0.62 AC / 27,007 SF
Architectural Style
Colonial
Parking Features
Circular Driveway, Driveway, Attached Garage, Garage Faces Side
Subdivision Name
Biltmore Forest

Location

Listing Courtesy of Premier Sotheby’s International Realty

Sold By Howard Hanna Beverly-Hanks Asheville-Biltmore Park

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Building Information for 40 Forest Road

Stories-Year Built1928Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

$9,674 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,149

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Forest Road

Summary
Location and General Information
  • Longitude: -82.538933
  • Latitude: 35.539039
  • Directions: 25 South to right onto Busbee Road at stop sign turn left onto forest Road. 40 will be on your left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $1,151,500.00
  • Parcel Number: 9646-79-4827-00000
  • City Taxes Paid To: Biltmore Forest
School Information
  • Middle Or Junior School: Valley Springs
  • High School: T.C. Roberson
  • Elementary School: Estes/Koontz
Parking
  • Parking: Open Spaces: 4.0
  • Parking: Open Parking YN: Yes
  • Parking: Other: The basement tandem garage is heated and cooled
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 3220.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Garage: 918
  • Sq Ft Lower: 0
  • Sq Ft Main: 2020
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 869
  • Sq Ft Unheated Main: 454
  • Sq Ft Unheated Total: 1323
  • Sq Ft Upper: 1200
  • Sq Ft Other: 848.0
  • Sq Ft Total Property HLA: 3220.0
  • Lot Features: Green Area, Level, Sloped, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: No
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Plat Book Slide: 3
  • Plat Reference Section Pages: 39
  • Restrictions: Architectural Review, Building
  • Restrictions Description: Biltmore Forest has ordinances please visit their website.
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Partial, Hard Stucco, Wood
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private YN: No
  • Road Surface Type: Gravel, Paved
  • Roof: Architectural Shingle
Interior Features
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Wine Refrigerator
  • Levels: One and One Half
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Other - See Remarks
  • Interior Features: Breakfast Bar, Built-in Features, Pantry, Walk-In Closet(s)
  • Laundry Features: In Basement, Upper Level
  • Fireplace Features: Gas Log, Living Room
  • Fireplace YN: Yes
  • Door Features: French Doors
  • Window Features: Insulated Window(s)
  • Flooring: Tile, Wood
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Basement Garage Door, Exterior Entry, Interior Entry, Partially Finished, Unfinished
  • Bedroom Main: 1
  • Bedroom Second LQ: 1
  • Bedroom Upper: 2
  • Full Bath Main: 1
  • Full Bath Second LQ: 1
  • Full Bath Upper: 2
  • Half Bath Main: 1
  • Half Bath Second LQ: 0
  • Half Bath Upper: 0
  • Second Living Quarters: Exterior Not Connected, Guest House, Separate Entrance
Room Information
Room Information
  • Room Count: 14.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 3
  • Room Types: Living Room
  • Room Level: Main
Room 4
  • Room Types: Dining Room
  • Room Level: Main
Room 5
  • Room Types: Office
  • Room Level: Main
Room 6
  • Room Types: Kitchen
  • Room Level: Main
Room 7
  • Room Types: Sunroom
  • Room Level: Main
Room 8
  • Room Types: Bathroom-Half
  • Room Level: Main
Room 9
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 10
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 11
  • Room Types: Bathroom-Full
  • Room Level: Upper
Room 12
  • Room Types: Bathroom-Full
  • Room Level: Upper
Room 13
  • Room Types: Laundry
  • Room Level: Upper
Room 14
  • Room Types: Laundry
  • Room Level: Basement
Rental
Rent Information
  • Security Features: Security System, Smoke Detector(s)

Property History for 40 Forest Road

DateEvent & SourcePriceAppreciation
Jun 3, 2026

Closed

CANOPY #4353603

$1,800,000
May 29, 2026

Closed (Public Record)

Public Record #1940915263

$1,800,000

+9.0% / yr

Apr 29, 2026

Under Contract-No Show

CANOPY #4353603

DateEvent & SourcePrice
06/03/2026

Closed

CANOPY #4353603

$1,800,000
05/29/2026

Closed (Public Record)

Public Record #1940915263

$1,800,000

+9.0% / yr

04/29/2026

Under Contract-No Show

CANOPY #4353603

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

Public Records for 40 Forest Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,294 ($525 / month)
Home Facts
Baths4.5Total Finished SqFt2,908 SqFtAbove Grade Finished SqFt2,908 SqFtUnfinished Basement SqFt1,529 SqFtStories2Lot Size27,007 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928ZoningDEED DATE:07/CountyBUNCOMBEAPN9646-79-4827-00000Fireplace TypeHas Fireplace

Schools near 40 Forest Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
William W Estes Elementary
PublicPK to 4

Koontz Intermediate School
Public5 to 6

Valley Springs Middle
Public5 to 8

T C Roberson High
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Forest Road, Asheville, NC 28803
$1,800,000
4
3,220
27,007
$1,800,000
4
4,700
56,628
$526,215
4
3,577
43,560
2
3
2,760
37,897
3,900
27,443
$780,000
3
2,654
24,393

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 Premier Sotheby’s International Realty

Based on information submitted to the MLS GRID as of 06/04/2026 02:59 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.