62 Destination Drive, Asheville, NC
$4,700,000
Listing courtesy of Premier Sotheby’s International Realty (Theresa Turchin). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
The acquisition of Crest Mountain represents a significant opportunity to define the next era of high-altitude living just minutes from downtown Asheville and the River Arts District. Spanning 68 acres within a private, gated enclave, this site comprises 126 homesites characterized by old-growth forests and expansive vistas that capture both the city skyline and the Blue Ridge horizon. Unlike typical raw land offerings, the property is fully development-ready, equipped with established paved roads, fiber optics, and municipal water and sewer connections. In a submarket where the scarcity of shovel-ready luxury inventory often dictates the pace of the sector, this parcel allows for the immediate execution of a large-scale vision. As demand for sophisticated mountain retreats continues to outpace supply in Western North Carolina, Crest Mountain serves as a strategic canvas for a cohesive, iconic residential community. Private inquiries regarding this 68-acre holding may be directed to Peters & Associates.
About the home
Discover Crest Mountain, a rare chance to shape Asheville's luxury real estate landscape. This prestigious gated community, just minutes from downtown and the River Arts District offers an ideal blend of accessibility and mountain tranquility. Spanning 68 acres with 126 prime homesites, Crest Mountain features stunning mountain and city vistas with old-growth forests. Its development-ready infrastructure includes paved roads, fiber optic and city water/sewer services, enabling immediate project launch. Perfectly positioned to tap into Asheville's thriving real estate market and ever growing demand for luxury mountain homes. Seize this opportunity to revitalize Asheville's next iconic community.
Price in context
- 15th highest asking price of 35 active $1.5M+ homes in Asheville.
- Reduced $8,800,000 (65.2%) from the original $13,500,000 asking price.
- 588 days on the market, listed 2024-08-06.
- County tax assessment $6,404,100; the asking price is 0.73× the assessed value.
Location
Assigned schools
- Elementary: Emma/Eblen
- Middle: Clyde A Erwin
- High: Clyde A Erwin
School assignments come from the listing and can change; confirm with the district.
Features
- View
- City, Long Range, Mountain(s), Winter, Year Round
- Community
- Gated, Picnic Area
- County
- Buncombe
Comparable homes on the market
- 60 Haywood Street #4A, Asheville — $3,995,000, 3 bd, 2,652 sq ft, 3.3 mi away
- 23 Rankin Avenue #302, Asheville — $3,250,000, 3 bd, 4,770 sq ft, 3.4 mi away
- 7 Patton Avenue #1605, Asheville — $3,380,000, 3 bd, 2,104 sq ft, 3.5 mi away
- 161 Church Street #703, Asheville — $3,425,000, 3 bd, 2,714 sq ft, 3.6 mi away
- 2108 River Hill Road, Murphy — $22,000,000, 3.8 mi away
- 633 Altamont View, Asheville — $5,995,000, 6 bd, 13,218 sq ft, 3.8 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.