OFF MARKET

Off Market Aug 2021 for $1M

$1,353,900

Est. refi paymentEst. refi $6,850/mo

•

5,145

sq ft

40 Portobello Rd, Arden, NC 28704

About this home

This rarely available estate in the coveted Cotswolds community will simply take your breath away! Custom builders home featuring only the finest finishes. Magnificent formal entry, or side mudroom entry with a wall of cubbies. Exquisite kitchen with Sub zero refrigerator, Viking cooktop, drawer microwave, Bosch dishwasher, Thermador double ovens and Carrera marble backsplash with breathtaking white quartzite counters. Enormous Owners quarters with sitting room, fireplace, and luxurious spa bath with air jet tub. All closets custom. Surround sound throughout. Lower level second living quarters has office with separate entry, wood burning fireplace, kitchen, full bath and bedroom with ample unfinished storage space. Level, professionally landscaped lot with sunny backyard perfect for pool, gardening & entertaining with hot tub and outdoor shower. This pristine masterpiece is truly the perfect home in an ideal location in South Asheville near all conveniences. Professional photos coming.

Single-familyProperty Type

2004Year Built

1 acresLot Size

$263Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Michelle Ranieri • Southern Homes of the Carolinas, Inc

Bought with Michelle Ranieri • Southern Homes of the Carolinas, Inc

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #3760074

Redfin Estimate

$1,353,900

$279K since sold in August 2021$11K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 45.4% higher than the average sale price ($931K) of 6 comparable homes.

SOLD AUG 31, 2026
$1,020,000
A
4 beds4.5 baths4,331 sq ft
18 Brook Meadows Ln, Arden, NC 28704
SOLD JUL 24, 2026
$1,252,500
B
4 beds4.5 baths5,299 sq ft
2 Sterling Run Dr, Fletcher, NC 28732
SOLD JUN 26, 2026
$850,000
C
4 beds3 baths2,873 sq ft
51 White Pine Cir, Fletcher, NC 28732
SOLD AUG 4, 2026
$875,000
D
4 beds3.5 baths3,742 sq ft
43 Tree Top Dr, Arden, NC 28704
SOLD JUN 26, 2026
$590,000
E
3 beds2.5 baths3,067 sq ft
150 White Pine Dr, Fletcher, NC 28732
SOLD NOV 25, 2025
$1,000,000
F
4 beds4.5 baths4,917 sq ft
34 King Heights Dr, Fletcher, NC 28732

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Earn from this home

Sell

$498,101

Est. take-home

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Refinance

Est. cash available

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Rent

$4,659/mo

Redfin rental estimate

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Market trends in 28704, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.3%

+0.2% MoM

Median sale price

$521K

$14K MoM

Avg. days on market

69d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

COMING SOON
$365,000
2 beds2 baths1,544 sq ft
72 Sunny Meadows Blvd, Arden, NC 28704
NEW 9 HRS AGO
$599,000
4 beds2.5 baths2,068 sq ft
2 Brae Burn Way, Arden, NC 28704
NEW 29 HRS AGO
$554,990
5 beds3 baths2,454 sq ft
302 Woodnettle Ln #18, Arden, NC 28704
$745,000
3 beds3 baths2,837 sq ft
98 Soapstone Creek Dr, Arden, NC 28704
$1,295,000
3 beds3.5 baths2,838 sq ft
583 Walnut Valley Pkwy, Arden, NC 28704
$255,000
2 beds1.5 baths1,022 sq ft
132 Colony Dr, Arden, NC 28704
COMING SOON
$700,000
3 beds2.5 baths2,183 sq ft
8 W Haven Ln, Arden, NC 28704
$495,000
3 beds2 baths1,744 sq ft
14 Forest Ridge Dr, Arden, NC 28704
3D WALKTHROUGH
$655,000
3 beds2 baths2,223 sq ft
22 Wild Violet Ln, Arden, NC 28704
$414,900
3 beds3 baths1,571 sq ft
9 Farthings Dr, Arden, NC 28704
See all

Provided by Redfin

Sale history for 40 Portobello Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,226 (+4.7%)

$143,000 + $822,800

$965,800

2024

$5,945 (+3.3%)

$143,000 + $822,800

$965,800

2023

$5,756 (−0.8%)

$143,000 + $822,800

$965,800

2022

$5,801 (+43.7%)

$143,000 + $822,800

$965,800

2021

$4,036 (+5.4%)

$143,000 + $847,000

$990,000

2020

$3,828

$143,000 + $545,700

$688,700

2019

$3,828

$64,100 + $543,500

$607,600

2018

$3,828

$64,100 + $543,500

$607,600

2017

$3,828 (−2.3%)

$64,100 + $543,500

$607,600

2016

$3,919

$64,100 + $543,500

$607,600

2015

$3,919

$59,200 + $504,700

$563,900

2014

$3,919

$59,200 + $504,700

$563,900

Tax history for 40 Portobello Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,226 (+4.7%)

$143,000 + $822,800

$965,800

2024

$5,945 (+3.3%)

$143,000 + $822,800

$965,800

2023

$5,756 (−0.8%)

$143,000 + $822,800

$965,800

2022

$5,801 (+43.7%)

$143,000 + $822,800

$965,800

2021

$4,036 (+5.4%)

$143,000 + $847,000

$990,000

2020

$3,828

$143,000 + $545,700

$688,700

2019

$3,828

$64,100 + $543,500

$607,600

2018

$3,828

$64,100 + $543,500

$607,600

2017

$3,828 (−2.3%)

$64,100 + $543,500

$607,600

2016

$3,919

$64,100 + $543,500

$607,600

2015

$3,919

$59,200 + $504,700

$563,900

2014

$3,919

$59,200 + $504,700

$563,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1 Acre

Year renovated

2004

Sq. Ft.

5,135

Year built

2004

Style

Single Family Residential

County

Buncombe County

APN

966442429900000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-3

Residential District

The R-3 Residential District is primarily intended to provide locations for a variety of residential development depending upon the availability of public water and sewer services. Some areas within the R-3 Residential District will have no public water and sewer services available and will thus be suitable primarily for single-family residential units on individual lots and mobile homes on individual lots. Other areas within the district will have public water and/or sewer service available and will thus be suitable for higher density uses such as multifamily residential units, planned unit developments, and mobile home parks. The R-3 district also provides for various recreational, community service and educational uses that will complement the residential development.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Library
Cemetery
Housing-Mobile home park

Property details

Parking

Parking Information
Main Level Garage Y/N: 1
SqFt Garage: 610
Parking Features: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 4+, Side Load Garage

Interior

Bedroom Information
# of Bedrooms: 5
Bedroom 1 Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Basement
Room 1 Beds Total: 0
Room 2 Beds Total: 4
Room 3 Beds Total: 1

Bathroom Information
# of Full Baths (Total): 4
# of Half Baths (Total): 2
Bathroom 1 Level: Main
Bathroom 2 Level: Main
Bathroom 3 Level: Upper
Bathroom 4 Level: Upper
Bathroom 5 Level: Upper
Bathroom 6 Level: Basement
Room 1 Baths Half: 2
Room 2 Baths Full: 3
Room 3 Baths Full: 1

Room 1 Information
Room Type: Bathroom(s),Breakfast,Computer Niche,Dining Room,Entry Hall,Family Room,Foyer,Kitchen,Laundry,Living Room,Mud,Pantry

Room 2 Information
Room Type: Bathroom(s),Bedroom(s),Bonus Room,Primary Bedroom,Play Room,Sewing

Room 3 Information
Room Type: 2nd Living Quarters,Bar/Entertainment,Basement,Bathroom(s),Bedroom(s),Bonus Room,Family Room,2nd Kitchen

Bonus Room Information
Bonus Room Level: Upper
Bonus Room 2 Level: Basement

Family Room Information
Family Room Level: Main
Family Room 2 Level: Basement

Foyer Information
Foyer Level: Main

Game Room Information
Play Room Level: Upper

Mud Room Information
Mud Room Level: Main

Laundry Room Information
Laundry Features: Main Level, Laundry Room
Laundry Room Level: Main

Media Room Information
Bar/Entertainment Room Level: Basement

Basement Information
Basement Level: Basement

Dining Room Information
Breakfast Room Level: Main
Dining Room Level: Main

Kitchen Information
Kitchen Level: Main
Kitchen 2 Level: Basement

Living Room Information
Living Room Level: Main

Other Rooms Information
Sewing Level: Upper
Pantry Level: Main
Entry Hall Level: Main
Computer Niche Level: Main

Fireplace Information
Has Fireplace
Fireplace Features: Family Room, Gas, Recreation Room, Wood Burning

Heating & Cooling
Heating Information: Central, Gas Hot Air Furnace, Heat Pump, Multizone A/C, Zoned, Natural Gas, Radiant Floor
Sq. Ft. Unheated Total: 450
Sq. Ft. Unheated Basement: 450

Interior Features
Room Type: Bathroom 1, Bathroom 2, Breakfast Room, Computer Niche, Dining Room, Entry Hall, Family Room, Foyer, Kitchen, Laundry, Living Room, Mud Room, Pantry, Bathroom 3, Bathroom 4, Bathroom 5, Bonus Room, Play Room, Bedroom 1, Bedroom 2, Bedroom 3, 2nd Living Quarters, Bar/Entertainment, Basement, Bedroom 4
Interior Features: Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Built Ins, Cable Available, Kitchen Island, Pantry, Tray Ceiling, Walk-in Closet(s), Walk-In Pantry, Window Treatments
Appliances: Cable Prewire, Ceiling Fan(s), Central Vacuum, Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Exhaust Hood, Plumbed For Ice Maker, Microwave, Natural Gas, Radon Mitigation System, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven, Washer, Wine Refrigerator
Flooring: Carpet, Tile, Wood

Second Living Quarters Information
2nd Living Quarters Level: Basement

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Brick
Roof: Composition

Exterior Features
Porch: Covered,Deck
Exterior Features: Fire Pit, Hot Tub, Underground Power Lines, Wired Internet Available

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features: 2 or More Access Exits, Zero-Grade Entry

Lot Information
Lot Features: Cleared, Corner Lot, Level, Open Lot, Paved, Private, Wooded
Lot Size Area: 1
Road Surface Type: Concrete
Road Responsibility: Public Maintained Road
Zoning NCM: R-3

Utilities

Utility Information
Water Source: Public
Sewer: Septic Installed
Water Heater Information: Electric,g-On-Demand Water Heater

Location

Multi-Unit Information
# of Units: 0

HOA Information
Association Name: Jeff Lehnen
HOA Subject To Dues: Mandatory
HOA Subject To: Required
Association Fee: $375
Association Fee Frequency: Annually

School Information
Elementary School: Glen Arden/Koontz
Middle Or Junior High School: Cane Creek
High School: T.C. Roberson

Location Information
Directions: Hendersonville Road to Mills Gap Road. 3 miles to the Cotswolds community on left. First right on Portobello to number 40 on right.

Community Information
Community Features: Street Lights

Public facts

Beds: 4
Baths: 5.0
Sq. Ft.: 5,135
Stories: 2.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2004
County: Buncombe County
APN: 966442429900000

Home facts updated by county records on Aug 10, 2026

Other

Home Information
Living Area: 5145
Below Grade Finished Area: 1,325
Sq. Ft. Upper: 2045
Sq. Ft. Third: 0
Sq. Ft. Main: 1775
Sq. Ft. Lower: 0
Sq. Ft. Additional: 0
Building Area Total: 5145
Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
Structure Type: 2 Story/Basement

Around this home

Schools

Glen Arden Elementary

Public PreK-4 • Assigned • 1.1mi

6/10

Cane Creek Middle

Public 6-8 • Assigned • 2.8mi

7/10

T C Roberson High

Public PreK-12 • Assigned • 3.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 19 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Arden, NC • 28704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

8.7 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.29M – $1.56M

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New listings for sale in 28704

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NEW 9 HRS AGO

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NEW 29 HRS AGO

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302 Woodnettle Ln #18, Arden, NC 28704

$745,000

3 beds3 baths2,837 sq ft

98 Soapstone Creek Dr, Arden, NC 28704

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COMING SOON

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8 W Haven Ln, Arden, NC 28704

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Home values near 40 Portobello Rd

Data from public records.

Address	Redfin Estimate
25 Portobello Rd, Arden, NC 5 Beds \| 5.5 Baths \| 6191 Sq. Ft.	$1,306,717
54 Portobello Rd, Arden, NC 5 Beds \| 4.5 Baths \| 5279 Sq. Ft.	$1,314,343

Address	Redfin Estimate
34 Portobello Rd, Arden, NC 5 Beds \| 5.5 Baths \| 7900 Sq. Ft.	$1,569,630
46 Portobello Rd, Arden, NC 5 Beds \| 4.5 Baths \| 4728 Sq. Ft.	$1,183,792

Address	Redfin Estimate
42 Portobello Rd, Arden, NC - Beds \| 3 Baths \| 2827 Sq. Ft.	$456,554
26 Portobello Rd, Arden, NC 4 Beds \| 4 Baths \| 5257 Sq. Ft.	$1,079,720

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28704, NC

Sale history for 40 Portobello Rd

Tax history for 40 Portobello Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28704

Home values near 40 Portobello Rd

More real estate resources