40 Mountain Shadows Drive
$695,000
3 bd 4 ba 3,446 sqft
40 Mountain Shadows Drive
Leicester, NC 28748
157 days on market
Property Type
Residential
Year Built
2006
Lot Size
1.01 acres
Garage
4 spaces

About This Property

Exceptional opportunity at 40 Mountain Shadows Drive. Days on market do not reflect the full value of this home, which was initially introduced during winter in a shifting economy and amid rising fuel and utility costs. Previously under contract with no property-related issues, the home was being considered for short-term rental use and has now returned to market through no fault of its own----repositioned at a compelling value.
Set on more than an acre of usable land with year-round mountain views, this refined mountain residence offers a rare combination of privacy, sophistication, and convenience just minutes from downtown Asheville. Privately tucked within an established enclave, the property provides the ideal balance of quiet seclusion and quick access to acclaimed dining, boutique shopping, and premier medical facilities.
Inside, soaring ceilings, abundant natural light, and timeless architectural details create a warm yet elegant atmosphere. The open-concept layout flows seamlessly from the gourmet kitchen to expansive living and dining areas, designed for both effortless everyday living and memorable entertaining. The main-level primary suite offers a true retreat, while the spacious upstairs en-suite with walk-in closet adds flexibility as a second primary suite, executive office, or private lounge.
The walk-out lower level expands the home’s versatility with a large family room, vented gas fireplace, full bath, kitchenette, and additional flex spaces, ideal for extended guests, recreation, or multi-generational living. Outdoors, covered porches, a scenic patio, and manicured grounds frame the beautiful mountain setting, while dual oversized garages with workshop space provide exceptional utility.
Opportunities of this caliber, offering privacy, scale, and proximity to Asheville, are increasingly rare. Explore 40 Mountain Shadows Drive from the comfort of home with a virtual tour, OPEN HOUSES- are virtual - or contact the listing agent to arrange a private in-person showing. Rent-to-own may also be available; inquire for details.

Property Details

Interior

Bedrooms
3
Bathrooms
4
Basement
Yes
Living Area
3,446 sqft
Fireplace
Yes

Exterior & Lot

Lot Size
1.01 acres
Year Built
2006
Garage Spaces
4

Location

Subdivision
Mountain Shadows
County
Buncombe
ZIP Code
28748

Financial

Listing Terms
Cash, Conventional, Exchange, FHA, USDA Loan, VA Loan, Other - See Remarks
HOA Fee
$500/mo

Utilities

Utilities
Natural Gas, Underground Power Lines
Sewer
Septic Installed

Schools

Elementary
Leicester/Eblen
Middle School
Clyde A Erwin
High School
Clyde A Erwin

Appliances

Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Heating

Heat Pump

Cooling

Ceiling Fan(s), Heat Pump

Patio & Porch Features

Covered, Deck, Front Porch, Rear Porch

Lot Features

Green Area, Open Lot, Private, Rolling Slope, Views

Location

Listing Information

MLS #
CAR4306216
Listing Agent
Judith Moolten
Listing Office
Grateful Mindset Properties
Listed Date
Mar 23, 2026
Susan Young
Susan Young
Realtor®, Broker Associate

Contact Susan Young About This Property

Interested in 40 Mountain Shadows Drive? Send us a message and we'll get back to you.

Your information will be kept confidential and used only to respond to your inquiry.