This 3-bedroom, 1-bath home has been a successful long-term rental for many years and offers a fantastic opportunity for homeowners and investors alike. This property includes nearly an acre of land, boasting a beautiful, spacious lot with a large backyard, ideal for outdoor activities, gardening, or simply enjoying the peaceful surroundings.
Recent updates enhance the home’s charm, providing modern touches while maintaining its cozy appeal. Conveniently located near Asheville’s amenities, yet offering plenty of space to spread out, this home is a rare find. Don’t miss your chance to own a piece of Asheville.
Coming soon-no show 04/13
Street View
$295,000
40 Little Knob Rd, Asheville, NC 28803
3beds
1,388sqft
Est.:
Single Family Residence
Built in 1940
0.98 Acres Lot
$342,900 Zestimate®
$213/sqft
$-- HOA
What's special
- --
- on Zillow |
- 188
- views |
- 16
- saves |
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Steven Owens Steven@AshevillesDreamTeam.com,
Keller Williams Biltmore Village
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4367789
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Microwave, Oven, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Vinyl
- Has basement: No
- Fireplace features: Gas Log, Propane
Interior area
- Total structure area: 1,388
- Total interior livable area: 1,388 sqft
- Finished area above ground: 1,388
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch
Lot
- Size: 0.98 Acres
- Features: Cleared, Rolling Slope, Wooded
Details
- Parcel number: 966757080400000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Installed
- Water: Shared Well
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $234,300
- Annual tax amount: $1,588
- Date on market: 4/13/2026
- Road surface type: Dirt, Gravel, Paved
Estimated market value
$342,900
$302,000 - $384,000
$2,479/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Listing removed | $330,000$238/sqft |
Source: | ||
| 4/6/2025 | Price change | $330,000-2.9%$238/sqft |
Source: | ||
| 3/14/2025 | Price change | $340,000-1.4%$245/sqft |
Source: | ||
| 3/3/2025 | Price change | $345,000-5.5%$249/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $365,000+38.8%$263/sqft |
Source: | ||
| 11/12/2024 | Listing removed | $1,650-5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/25/2024 | Listed for rent | $1,750+2.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/20/2023 | Price change | $1,700-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2023 | Listed for rent | $1,800+50%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2021 | Sold | $263,000+151.7%$189/sqft |
Source: Public Record Report a problem | ||
| 5/25/2019 | Listing removed | $1,200$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 5/9/2019 | Listed for rent | $1,200+17.1%$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 12/13/2018 | Listing removed | $1,025$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 12/12/2018 | Listed for rent | $1,025$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 4/15/2018 | Listing removed | $1,025$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 2/8/2018 | Price change | $1,025+10.8%$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 1/30/2018 | Listed for rent | $925$1/sqft |
Source: Asheville Phoenix Properties Report a problem | ||
| 7/5/2001 | Sold | $104,500$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,588 +6.8% | $234,300 |
| 2024 | $1,486 +3.9% | $234,300 |
| 2023 | $1,430 +1.7% | $234,300 |
| 2022 | $1,407 +21.3% | $234,300 +21.3% |
| 2021 | $1,159 +20.1% | $193,100 +30.5% |
| 2020 | $965 | $148,000 |
| 2019 | $965 | $148,000 |
| 2018 | $965 | $148,000 +21.8% |
| 2017 | $965 | $121,500 |
| 2016 | $965 +10.8% | $121,500 |
| 2015 | $871 | $121,500 |
| 2014 | $871 | $121,500 |
| 2013 | -- | $121,500 +3.9% |
| 2012 | -- | $116,900 |
| 2011 | -- | $116,900 |
| 2010 | -- | $116,900 |
| 2009 | -- | $116,900 +42% |
| 2000 | -- | $82,300 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,570/mo
Principal & interest
$1440
Property taxes
$130
More affordability tools
Climate risks
Neighborhood: 28803
Nearby schools
GreatSchools rating
- 2/10Oakley ElementaryGrades: PK-5Distance: 1.8 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 1.1 mi
- 7/10A C Reynolds HighGrades: PK,9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Oakley
- Middle: AC Reynolds
- 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.
Local experts in 28803
- North Carolina
- Buncombe County
- Asheville
- 28803
- 40 Little Knob Rd






