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 06/02
$295,000
40 Little Knob Rd, Asheville, NC 28803
3beds
1,388sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1940
0.98 Acres Lot
$299,500 Zestimate®
$213/sqft
$-- HOA
What's special
- --
- on Zillow |
- 228
- views |
- 31
- saves |
Zillow last checked:
Listing updated:
Listing Provided by:
Steven Owens Steven@AshevillesDreamTeam.com,
Keller Williams Biltmore Village
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4381380
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: 6/2/2026
- Road surface type: Dirt, Gravel, Paved
Estimated market value
$299,500
$285,000 - $314,000
$2,226/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Listing removed | $330,000$238/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4221531 Report a problem | ||
| 4/6/2025 | Price change | $330,000-2.9%$238/sqft |
Source: Canopy MLS as distributed by MLS GRID #4221531 Report a problem | ||
| 3/14/2025 | Price change | $340,000-1.4%$245/sqft |
Source: Canopy MLS as distributed by MLS GRID #4221531 Report a problem | ||
| 3/3/2025 | Price change | $345,000-5.5%$249/sqft |
Source: Canopy MLS as distributed by MLS GRID #4221531 Report a problem | ||
| 2/28/2025 | Listed for sale | $365,000+38.8%$263/sqft |
Source: Canopy MLS as distributed by MLS GRID #4221531 Report a problem | ||
| 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
| 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 | -- | $82,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Buncombe County
- Asheville
- 28803
- 40 Little Knob Rd
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