117 Shenandoah Terrace, Montreat, NC

Sited across three contiguous lots in Montreat, this custom 2003 residence serves as a study in organic architecture, where the boundaries between the interior and the rugged landscape are intentionally blurred. The 5,058-square-foot floor plan is defined by a cavernous great room featuring cathedral ceilings, native stonework, and wide-plank oak flooring that runs throughout the five-bedroom home. Expansive glazing and strategically placed skylights draw the eye toward the surrounding mountain peaks and a private, professionally engineered creek and waterfall. Unlike many steep-grade properties in the Blue Ridge, the estate is accessed via a rare semi-circular driveway with ample level parking. For the discerning investor, the Montreat submarket remains a uniquely insulated enclave where the scarcity of multi-lot parcels preserves both long-term value and absolute privacy. The residence, which features seven bathrooms and generous open-concept living areas, offers a refined retreat within one of Western North Carolina’s most historical mountain communities. Private viewings may be arranged through Peters & Associates.

About the home

This spacious, architecturally designed, custom built home incorporates wooded views, mountain views, and a professionally built creek and waterfall that converge at a moss covered sitting/respite spot. Unwind and recharge while listening to the creek and waterfall flow. This home, sitting on three lots in Montreat, is a rare find. The relatively gentle semi-circular driveway with abundant level parking allows you to casually stroll to the main entrance. Opening the full lite glass entrance doors leads directly into the Great Room presenting a cathedral ceiling, native stone fireplace, wide plank hardwood flooring, and a grand open floor plan. Expansive glass lets in natural light and provides views of the surrounding mountains. Solid oak flooring is throughout this home. Conversation and interaction within the dining, kitchen, and living areas is easy and comfortable with this open design. The skylights and structural ceiling components add a refined mountain feel with their use of wood, depth, space, and light. Just off of the Great Room is the master bedroom with an ensuite bath. The alluring beauty of this room comes from many design details including; extensive glass and skylights, a cathedral ceiling, major wood accents, a view of the mountains from the front and a view of the waterfall and landscaped woods from the back, and a private covered porch. The main floor has direct access to the extra large two car garage. The laundry is also on this level. There are two staircases that lead to the lower level. Taking the well crafted oak staircase from the Great Room leads to the Family Room on the lower level. This room has a stone fireplace and French doors that lead outside onto the covered deck. Flanking this room are two ensuite bedrooms. The wide hallway leads to a kitchenette with unique views to the creek and extensive stonework outside, and two more ensuite bedrooms. At the end of the hallway is a media or recreation room, and an additional full bath with a clawfoot tub. From this recreation room there is access to the outside deck, the back staircase, and to the “pool room” and outside lap pool. This Endless Pool is exceptional in size and features, but will need at least a new liner and some decking work. Taking advantage of the southern and western exposure, the roof has an extensive solar panel array for alternative energy.

Price in context

• Asking $394 per square foot.
• Reduced $205,000 (9.3%) from the original $2,200,000 asking price.
• 99 days on the market, listed 2026-07-03.
• County tax assessment $1,345,500; the asking price is 1.48× the assessed value.

Location

Neighborhood: The Rainbow, Buncombe County, ZIP 28757.

Assigned schools

• Elementary: Black Mountain
• Middle: Charles D Owen
• High: Charles D Owen

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

Features

Style

Traditional

Levels

One

Construction

Fiber Cement, Stone Veneer, Wood

Roof

Composition

Bathrooms

6 full, 1 half

Basement

Dirt Floor, Exterior Entry, Multiple Below-Grade Levels, Other

Fireplace

Yes

Interior

Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Cable Prewire, Central Vacuum, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Pantry, Wet Bar

Flooring

Tile, Wood

Kitchen & appliances

Dishwasher, Disposal, Double Oven, Down Draft, Electric Cooktop, Electric Water Heater, Ice Maker, Microwave, Refrigerator with Ice Maker, Wall Oven, Washer/Dryer

Heating

Central, Electric, Forced Air, Heat Pump, Zoned

Cooling

Central Air, Electric, Zoned

Garage

2 spaces

Parking

Circular Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Parking Space(s)

Exterior

Other - See Remarks

Pool

In Ground, Lap, Outdoor Pool

View

Mountain(s), Year Round

Lot

Wooded, Views, Waterfall - Artificial

Community

Playground, Sidewalks, Street Lights, Walking Trails

County

Buncombe

Comparable homes on the market

• 528 Padgettown Road, Black Mountain — $1,397,000, 3 bd, 1,887 sq ft, 0.9 mi away
• 6 Hamlet Street, Black Mountain — $1,195,000, 5 bd, 2,576 sq ft, 0.9 mi away
• 212 & 214 Portmanvilla Road, Black Mountain — $1,100,000, 8 bd, 4,422 sq ft, 1.1 mi away
• 39 Williams Cove Road, Black Mountain — $1,300,000, 4 bd, 3,985 sq ft, 1.4 mi away
• 351 Chapel Road, Black Mountain — $1,300,000, 4 bd, 3,134 sq ft, 2.0 mi away
• 228 Allen Mountain Drive, Black Mountain — $1,225,000, 3 bd, 2,715 sq ft, 2.0 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.