Welcome to Monarch Estates, an enchanting oasis nestled in tranquility. As you draw closer, prepare to be captivated by the beauty that surrounds you. A hidden gem, this private and gated community is a testament to serenity, offering an idyllic escape from everyday life.
Your adventure begins with a scenic drive through countryside scattered with equestrian and agricultural properties, where rolling hills and verdant pastures beckon you towards the gates of Monarch Estates. From the moment you enter, you are greeted by an air of exclusivity that emanates from every corner of this mesmerizing sanctuary.
Just a mere 25 minutes away from the vibrant city of Asheville, Monarch Estates is a region that seamlessly blends the convenience of urban living with the stillness of nature. While the bustling streets of Asheville may lie within reach, you will find yourself completely immersed in a world of ethereal beauty, where time seems to slow and worries outside simply fade.
Active
$40,000
117 Sovereign Ln, Fairview, NC 28730
--beds
--baths
1.06Acres
Unimproved Land
Built in ----
1.06 Acres Lot
$-- Zestimate®
$--/sqft
$58/mo HOA
What's special
Scenic drive through countrysideEnchanting oasis
- 170 days |
- 117 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 08:04am
Listing Provided by:
Grady Bradshaw grady@preferredprop.com,
Preferred Properties
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4269331
Facts & features
Property
Lot
- Size: 1.06 Acres
- Features: Hilly, Paved, Private
Details
- Parcel number: 968466852000000
- Zoning: OU
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Well Needed
Community & HOA
Community
- Features: Gated, Picnic Area, Playground, Recreation Area
- Subdivision: Monarch Estates
HOA
- Has HOA: Yes
- HOA fee: $700 annually
Location
- Region: Fairview
- Elevation: 2000 Feet
Financial & listing details
- Tax assessed value: $59,700
- Annual tax amount: $405
- Date on market: 6/25/2025
- Cumulative days on market: 170 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,751/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Listed for sale | $40,000 |
Source: | ||
| 3/14/2025 | Listing removed | $40,000 |
Source: | ||
| 7/18/2024 | Price change | $40,000-11.1% |
Source: | ||
| 10/30/2023 | Price change | $45,000-10% |
Source: | ||
| 9/12/2023 | Listed for sale | $50,000+400% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $405 +5.4% | $59,700 |
| 2023 | $384 +1.6% | $59,700 |
| 2022 | $378 | $59,700 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 28730
Nearby schools
GreatSchools rating
- 7/10Fairview ElementaryGrades: K-5Distance: 3.1 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 1.9 mi
- 7/10A C Reynolds HighGrades: PK,9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Fairview
- Middle: Cane Creek
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading







