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  • $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
    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.
    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#: 4269331MLS Logo

    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
    DateEventPrice
    6/25/2025Listed for sale$40,000
    Source: Canopy MLS as distributed by MLS GRID #4269331 Report a problem
    3/14/2025Listing removed$40,000
    Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem
    7/18/2024Price change$40,000-11.1%
    Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem
    10/30/2023Price change$45,000-10%
    Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem
    9/12/2023Listed for sale$50,000+400%
    Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    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
    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.

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