711 Shawnee Trail, Asheville, NC

$2,850,000 · 4 bedrooms · 4 baths · 2,139 sq ft · built 1933

Listing courtesy of Premier Sotheby’s International Realty (Leslie Young). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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About the home

Just three miles from the heart of downtown Asheville, this exceptional property offers a rare opportunity to either create a family compound or a new residential development project. Spanning over 12 acres, this sprawling estate combines end-of-the-road privacy with the convenience of being moments from downtown Asheville. The existing estate includes a main house with all the charm of a 1930s home that has been completely updated, a guest cottage ideal for guests or a caretaker, and a three-car, air-conditioned detached garage with apartment/living space above it. The home's position on the property allows for multiple development options. The existing estate could stay as is and the additional eight acres (approximately) could be developed, or the entire 12-plus acres could be developed. Buyer to confirm utility connections for development purposes and development potential with City of Asheville. Please see attachments for more development information. One of the few remaining large parcels available for development within Asheville city limits. No drive-bys as home not visible from road and driveway is gated. An 8.87-acre adjacent property is also available for purchase, see MLS #4331437. The address is 67 Shawnee Trail.

Price in context

  • Asking $1,332 per square foot.
  • That is 159% above the $514 median across 181 active $1.5M+ homes in Asheville.
  • 44th highest asking price of 181 active $1.5M+ homes in Asheville.
  • 140th largest by living area of the 163 with a recorded size.
  • No price changes since it was listed.
  • 1 days on the market, listed 2026-06-08.
  • County tax assessment $1,427,400; the asking price is 2.00× the assessed value.

Location

Neighborhood: None, Buncombe County, ZIP 28805.

Features

Style
Bungalow, Cottage
Levels
Two
Construction
Fiber Cement, Stone, Stone Veneer
Roof
Architectural Shingle
Bathrooms
4 full
Basement
Daylight, Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access
Fireplace
Yes
Interior
Built-in Features, Cable Prewire, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Wet Bar
Flooring
Bamboo, Tile, Wood
Kitchen & appliances
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator with Ice Maker, Washer, Wine Refrigerator
Heating
Ductless, Electric, Floor Furnace, Heat Pump, Oil, Other - See Remarks
Cooling
Central Air, Ductless, Electric, Heat Pump
Garage
3 spaces
Parking
Driveway, Electric Gate, Detached Garage, Garage Door Opener, Garage Faces Front, Parking Space(s), Other - See Remarks
Waterfront
None
View
Mountain(s), Winter, Year Round
Lot
Infill Lot, Level, Private, Sloped, Wooded, Views
Community
None
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.