Set on nearly 2 acres in the highly sought-after Franklin Farm community, this 3,600 sq ft home offers a rare combination of space, privacy, and flexibility just minutes from South Asheville.
What truly sets this property apart is the fully finished basement with private entrance and full kitchen—perfect for multigenerational living, guest quarters, or potential short-term rental income.
The main level features a welcoming layout with formal dining, dedicated office, and a cozy den that opens to an elevated deck overlooking wooded surroundings and open space. Upstairs, you’ll find three spacious bedrooms plus a versatile bonus room ideal for a media room, gym, or additional workspace.
Enjoy the best of Western North Carolina living with a large usable yard, mature trees, and room to relax or entertain—something rarely found this close to town.
With a 2-car garage, multiple living areas, and three levels of functional space, this home offers exceptional value for buyers seeking both lifestyle and long-term flexibility.
Active
Price cut: $21K (5/15)
$899,000
32 Franklin Farm Rd, Fletcher, NC 28732
3beds
3,670sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1992
1.86 Acres Lot
$874,400 Zestimate®
$245/sqft
$83/mo HOA
What's special
Dedicated officeThree spacious bedroomsMature treesLarge usable yardWelcoming layoutFormal diningCozy den
- 51 days |
- 442 |
- 20 |
Zillow last checked:
Listing updated:
Listing Provided by:
John Ellis john@walnutcoverealty.com,
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4366172
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
- Laundry: Laundry Room, Main Level
Features
- Storage, Walk-In Closet(s)
- Flooring: Tile, Vinyl, Wood
- Basement: Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access
- Fireplace features: Bonus Room, Gas Log, Living Room, Primary Bedroom
Interior area
- Total structure area: 2,805
- Total interior livable area: 3,670 sqft
- Finished area above ground: 2,805
- Finished area below ground: 865
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Fire Pit
- Fencing: Back Yard,Invisible
Lot
- Size: 1.86 Acres
- Features: Sloped, Wooded
Living quarters
- Secondary features: Interior Connected,Separate Entrance,Separate Kitchen Facilities
Details
- Parcel number: 967469071600000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Hardboard Siding
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Franklin Farm
HOA
- Has HOA: Yes
- HOA fee: $1,000 annually
- HOA name: Franklin Farm HOA
- HOA phone: 828-301-9887
Location
- Region: Fletcher
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $514,900
- Annual tax amount: $3,638
- Date on market: 4/9/2026
- Cumulative days on market: 51 days
- Listing terms: Cash,Conventional
- Exclusions: Dining Room Chandelier
- Road surface type: Concrete, Paved
Estimated market value
$874,400
$831,000 - $918,000
$5,497/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $899,000-2.3%$245/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4366172 Report a problem | ||
| 5/7/2026 | Price change | $920,000-2.1%$251/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366172 Report a problem | ||
| 4/9/2026 | Listed for sale | $940,000+102.2%$256/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366172 Report a problem | ||
| 9/25/2019 | Sold | $465,000+22.4%$127/sqft |
Source: Canopy MLS as distributed by MLS GRID #3536558 Report a problem | ||
| 11/4/2005 | Sold | $380,000+31.3%$104/sqft |
Source: Public Record Report a problem | ||
| 5/27/1999 | Sold | $289,500$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,638 +4.3% | $514,900 |
| 2024 | $3,489 +5.4% | $514,900 |
| 2023 | $3,311 +1.6% | $514,900 |
| 2022 | $3,259 | $514,900 |
| 2021 | $3,259 +7.1% | $514,900 +14% |
| 2020 | $3,043 +9.2% | $451,500 +9.2% |
| 2019 | $2,786 | $413,400 |
| 2018 | $2,786 +4.7% | $413,400 +9.1% |
| 2017 | $2,662 | $378,900 |
| 2016 | $2,662 -0.9% | $378,900 |
| 2015 | $2,686 | $378,900 |
| 2014 | $2,686 | $378,900 |
| 2013 | -- | $378,900 -11.1% |
| 2012 | -- | $426,300 |
| 2011 | -- | $426,300 |
| 2010 | -- | $426,300 +1.5% |
| 2009 | -- | $420,200 |
| 2007 | -- | $420,200 +17.9% |
| 2005 | -- | $356,300 |
| 2004 | -- | $356,300 |
| 2003 | -- | $356,300 |
| 2002 | -- | $356,300 +28.5% |
| 2001 | -- | $277,200 |
| 2000 | -- | $277,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
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Climate risks
Neighborhood: 28732
Nearby schools
GreatSchools rating
- 7/10Fairview ElementaryGrades: K-5Distance: 3 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 0.4 mi
- 7/10A C Reynolds HighGrades: PK,9-12Distance: 4.6 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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Buncombe County
- Fletcher
- 28732
- 32 Franklin Farm Rd
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