Welcome to your secluded mountain retreat at 4 Yellow Owl Drive, perfectly nestled within the highly SOUGHT-AFTER, PRESTIGIOUS master-planned community of Biltmore Lake. House sits on elevated tree-covered hill with private driveway veering around. This spacious home delivers the private, woodsy ambiance of the Blue Ridge Mountains, complete with a seasonal mountain view and an unparalleled, amenity-rich lifestyle. The property is designed for year-round mountain enjoyment, featuring 4 outdoor living spaces with over 900 square feet of deck and porch space, including a rear deck and a generous covered front porch. Three decks are covered and have fans. Even the primary suite has a private covered porch. These multiple, private outdoor areas create a true sanctuary for relaxing, entertaining, and taking in a tranquil wooded setting.
Inside, the home provides exceptional functionality and comfort with attractive granite countertops in the kitchen. The main level offers a flexible floor plan with a formal dining room, a living room that flows into a sitting room with a gas fireplace, and a dedicated office or library, perfect for remote work. The second level features four sizable bedrooms, including the large primary bedroom suite with walk-in closet and private covered deck. The bonus room is massive and currently serves as another bedroom, but would also be perfect as a home office, home gym, or media room.
Access to the crawl space is through an outside door below the front deck, and the entry section has a poured concrete slab with stand-up height storage. This area is ideal for storing bikes, kayaks, and seasonal decor.
Owning a home here means exclusive access to a premier, active Western North Carolina lifestyle centered around 62-acre Enka Lake. The lake is the community's heart, inviting residents to swim from the sandy beach, enjoy fishing for white bass, crappie, sunfish, and smallmouth bass, or partake in non-motorized boating. The boathouse provides a convenient place to access and launch kayaks, canoes, paddleboards, making watersports easily accessible. Beyond the lake, the community boasts an extensive network of over six miles of dog-friendly hiking and walking trails that wind through the hardwood forests, connecting different sections of the neighborhood and offering endless opportunities for outdoor exploration and exercise, including four dedicated campsites. The lakeside clubhouse serves as a charming social focal point with a cozy lodge atmosphere, fireplace, and community library. For sports enthusiasts, Biltmore Lake offers two hard-surface tennis courts (doubling for Pickleball), a full-length, lakeside basketball court, and multiple playgrounds throughout the neighborhood for younger residents. This home offers the rare balance of a secluded, mountain-style setting and a thriving, amenity-rich community, all while being just minutes from the dining, shopping, and culture of downtown Asheville. Don't miss the chance to make this exceptional mountain property your own. Furnishings are negotiable.
Active
$849,000
4 Yellow Owl Dr, Biltmore Lake, NC 28715
4beds
2,897sqft
Est.:
Single Family Residence
Built in 2006
0.43 Acres Lot
$824,000 Zestimate®
$293/sqft
$200/mo HOA
What's special
Seasonal mountain viewRear deckPrivate drivewayGenerous covered front porchFour dedicated campsitesFormal dining room
- 54 days |
- 364 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 03:04pm
Listing Provided by:
Scott Russell scott.russell@allentate.com,
Howard Hanna Beverly-Hanks Freestone Properties
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4312766
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom half
- Level: Main
Bar entertainment
- Level: Main
Other
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Heating
- Natural Gas, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Breakfast Bar, Soaking Tub, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Basement: Exterior Entry
- Fireplace features: Gas
Interior area
- Total structure area: 2,897
- Total interior livable area: 2,897 sqft
- Finished area above ground: 2,897
- Finished area below ground: 0
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: Covered, Deck, Front Porch, Porch, Rear Porch, Wrap Around
- Has view: Yes
- View description: Mountain(s), Winter
- Waterfront features: Beach - Public, Covered structure, Boat Slip – Community, Pier - Community
Lot
- Size: 0.43 Acres
- Features: Cul-De-Sac, Private, Wooded, Views
Details
- Additional structures: Boat House
- Parcel number: 961636753700000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space, Other - See Remarks
Condition
- New construction: No
- Year built: 2006
Details
- Builder model: Davenport
- Builder name: Biltmore Farms
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Boat Storage, Clubhouse, Game Court, Lake Access, Picnic Area, Playground, Recreation Area, Sidewalks, Sport Court, Tennis Court(s), Walking Trails
- Subdivision: Biltmore Lake
HOA
- Has HOA: Yes
- HOA fee: $200 monthly
Location
- Region: Biltmore Lake
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $469,800
- Annual tax amount: $2,995
- Date on market: 10/18/2025
- Cumulative days on market: 191 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$824,000
$783,000 - $865,000
$3,368/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2025 | Listed for sale | $849,000-5.6%$293/sqft |
Source: | ||
| 9/23/2025 | Listing removed | $899,000$310/sqft |
Source: | ||
| 9/3/2025 | Price change | $899,000-2.8%$310/sqft |
Source: | ||
| 8/4/2025 | Price change | $925,000-2.6%$319/sqft |
Source: | ||
| 5/12/2025 | Listed for sale | $950,000+110.6%$328/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,995 +3.2% | $469,800 |
| 2023 | $2,903 +4.2% | $469,800 |
| 2022 | $2,786 | $469,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,918/mo
Principal & interest
$4053
Property taxes
$368
Other costs
$497
Climate risks
Neighborhood: 28715
Nearby schools
GreatSchools rating
- 5/10Hominy Valley ElementaryGrades: K-4Distance: 0.9 mi
- 6/10Enka MiddleGrades: 7-8Distance: 1.9 mi
- 6/10Enka HighGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Hominy Valley/Enka
- Middle: Enka
- High: Enka
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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