99 Margaret Drive, Leicester, NC

$1,350,000 · 5 bedrooms · 5 baths · 4,055 sq ft · built 1997

Listing courtesy of Patton Allen Real Estate LLC (Cami Silver). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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About the home

Escape to your own private mountain sanctuary, where peaceful seclusion and outdoor adventure exist in perfect balance. Sweeping views and inviting interiors set the stage for a remarkable retreat that pairs elevated comfort with the untamed beauty of the surrounding landscape. It’s perfectly suited for family gatherings, group retreats, or memorable getaways with friends. Set on more than 90 pristine acres, this fully furnished, turnkey estate showcases panoramic mountain vistas and expansive living areas designed for both connection and quiet reflection. Dual kitchens on separate levels provide exceptional flexibility for entertaining, extended visits, or multi-generational living arrangements. From the suite’s private entrance, step directly onto the deck and take in breathtaking mountain views—an idyllic setting for slow mornings with coffee or tranquil evenings at sunset. Enjoy uninterrupted access to nature while remaining wrapped in the comfort and charm of your mountain escape. The lower level opens to a welcoming backyard that mirrors the spectacular views found above. Ideal for recreation or relaxation, this outdoor space invites everything from lively gatherings to peaceful moments of rest. A spacious fire pit, offers the perfect place to unwind beneath a canopy of stars while gazing out over the majestic mountain range. After a day exploring your expansive acreage, retreat to the private sauna for a restorative escape. Just steps away, the hot tub awaits—an inviting place to soak in warm, bubbling waters as the cool mountain air and night sky surround you. Thoughtfully cared for and previously operated as a successful vacation rental, the home blends comfort, versatility, and opportunity—whether you’re seeking a personal mountain sanctuary, an income-producing property, or a legacy estate to share for generations. A rare offering defined by privacy, acreage, and flexibility in an extraordinary setting. Please do not enter or drive by without an appointment. Gated entrance.

Price in context

  • Asking $333 per square foot.
  • 2nd highest asking price of 3 active $1.5M+ homes in Leicester.
  • 2nd largest by living area of the 3 with a recorded size.
  • No price changes since it was listed.
  • 61 days on the market, listed 2026-02-25.
  • County tax assessment $636,900; the asking price is 2.12× the assessed value.

Location

Neighborhood: Wild Turkey Cove, Buncombe County, ZIP 28748.

Assigned schools

  • Elementary: Leicester/Eblen
  • Middle: Clyde A Erwin
  • High: Clyde A Erwin

School assignments come from the listing and can change; confirm with the district.

Features

Style
Ranch
Levels
One
Construction
Hardboard Siding
Roof
Architectural Shingle
Bathrooms
4 full, 1 half
Basement
Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
Fireplace
Yes
Interior
Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Split Bedroom, Storage, Walk-In Closet(s)
Flooring
Tile, Wood
Kitchen & appliances
Convection Oven, Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Heating
Central, Heat Pump
Cooling
Ceiling Fan(s), Central Air, Heat Pump
Garage
2 spaces
Parking
Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
Exterior
Fire Pit, Hot Tub
View
Long Range, Mountain(s), Winter, Year Round
Lot
Private, Wooded, Views
County
Buncombe

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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.