This home offers an exceptional value opportunity to create your personal mountain escape. And, with Asheville just 18 miles away, you’ll enjoy both the peace of seclusion and the convenience of city amenities. Welcome to 165 Peepeye Cove Road, a tranquil retreat tucked away in the serene hills of Leicester, North Carolina. Nestled on 6.57 pristine acres, this charming 3-bedroom, 2-bathroom home offers the perfect blend of privacy and natural beauty. Enjoy the soothing sounds of the nearby S Turkey Creek waterfall and take in the breathtaking views of Butte Mountain from the comfort of your rocking chair front porch or the spacious covered back deck. The home features a thoughtful split-bedroom floor plan, with an open kitchen and living room that is flooded with natural light from large windows and a new roof. Ample driveway parking and a one car garage with access to the covered back deck and kitchen door. The level yard provides ample space for outdoor enjoyment and gardening along with a versatile outbuilding that once had electricity and water – perfect for a workshop or additional storage. AS-IS,WHERE IS. Please no drive-bys!
Single-familyProperty Type
1994Year Built
6.57 acresLot Size
$308Price/Sq.Ft.
$63/moHOA Dues
1 car garageParking
Listed by Sheridan Cupp• EXP Realty LLC
Listed by John Stigmon• EXP Realty LLC
Contact: shersellsasheville@gmail.com
Bought with Jeanne Lambert• LOVE Land and Home Inc.
Est. $2,104 per month, based on comparable rentals
Sale and tax history for 165 Peepeye Cove Rd
Sale History
Tax History
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4378001
Jul 15, 2026
Sold
$327,500
$308/sq ft
Jun 3, 2026
Contingent
—
May 5, 2026
Listed
$340,000
$320/sq ft
CANOPYMLS as Distributed by MLS Grid #4296279
Oct 31, 2025
Price Changed
$340,000
$320/sq ft
Sep 3, 2025
Listed
$350,000
$330/sq ft
Public Records
Apr 20, 2009
Sold
$215,000
$202/sq ft
Public Records
Sep 30, 1999
Sold
$137,000
$129/sq ft
Public Records
Aug 10, 1993
Sold
$29,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,401 (+4.4%)
$52,100 + $151,800
$203,900
2024
$1,341 (+3.1%)
$52,100 + $151,800
$203,900
2023
$1,301 (+1.6%)
$67,100 + $136,800
$203,900
2022
$1,281
$67,100 + $136,800
$203,900
2021
$1,281 (+4.8%)
$67,100 + $136,800
$203,900
2020
$1,222
$67,100 + $136,800
$203,900
2019
$1,222
$67,100 + $115,600
$182,700
2018
$1,222 (−1.5%)
$67,100 + $115,600
$182,700
2017
$1,241 (−1.3%)
$67,100 + $115,600
$182,700
2016
$1,257
$67,100 + $115,600
$182,700
2015
$1,257 (+4.2%)
$67,100 + $101,900
$169,000
2014
$1,206
$67,100 + $101,900
$169,000
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6.57 Acres
Year renovated
2005
Sq. Ft.
1,176
Year built
2005
Style
Single Family Residential
County
Buncombe County
APN
867947178200000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Property details
Parking
Parking Information
Main Level Garage Y/N: 1
Parking Features: Driveway, Attached Garage, Garage Faces Front
Open Parking Spaces: 3
Garage Spaces: 1
Has Garage
Has Open Parking
Interior
Bedroom Information
# of Bedrooms: Main: 3
# of Bedrooms: 3
Bathroom Information
# of Full Baths: Main: 2
# of Full Baths (Total): 2
Room 1 Information
Room Level: Main
Room 2 Information
Room Features: Ceiling Fan(s)
Room Level: Main
Room 3 Information
Room Level: Main
Room 4 Information
Room Level: Main
Room 5 Information
Room Level: Main
Room 6 Information
Room Level: Main
Room 7 Information
Room Level: Main
Laundry Room Information
Laundry Features: In Kitchen
Heating & Cooling
Heating Information: Electric
Cooling Information: Electric
Interior Features
Room Count: 7
Interior Features: Open Floorplan, Split Bedroom, Walk-in Closet(s)
Window Features: Insulated Window(s)
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Flooring: Carpet, Linoleum
Door Features: Insulated Door(s)
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Vinyl
Exterior Features
Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
Waterfront Information
Waterfront Features: None
Farm Information
Horse Amenities: None
Property Information
Development Status: Completed
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Outbuilding
Zoning: OU
Zoning Specification: OU
Lot Information
Lot Features: Level, Private, Sloped, Creek/Stream, Wooded, Views
Lot Size Area: 6.57
Lot Size Units: Acres
Elevation: 2500
Road Surface Type: Asphalt, Gravel, Paved
Road Responsibility: Private Maintained Road
Utilities
Utility Information
Water Source: Well
Sewer: Septic Installed
Utilities: Satellite Internet Available
Location
Multi-Unit Information
Restrictions: No Representation,N/A
HOA Information
Has HOA
Association Name: Peepeye Cove
HOA Subject To Dues: Mandatory
HOA Subject To: Required
Association Fee: $750
Association Fee Frequency: Annually
Association Annual Expense: 750.00
School Information
Elementary School: Leicester/Eblen
Middle Or Junior High School: Clyde A Erwin
High School: Clyde A Erwin
Location Information
Directions: From downtown Asheville, Follow US-74 ALT W and NC-63 W 13.2 miles to S Turkey Creek Rd in Leicester. Turn Left. Continue on S Turkey Creek Rd. for 5.6 miles turning right onto Peepeye Cove Rd. House will be .8 miles down the road on the right, just after the white picket fence. Driveway a hard right turn.
Community Information
Community Features: None
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,176
Stories: 1.0
Lot Size: 6.57 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Buncombe County
APN: 867947178200000
Home facts updated by county records on Aug 10, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1062
Living Area: 1062
Above Grade Finished Area: 1,062
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1062
Sq. Ft. Lower: 0
Foundation Details: Crawl Space
Levels: One
Around this home
Schools
Leicester Elementary
Public PreK-4 • Assigned • 5.7mi
5/10
Clyde A Erwin Middle School
Public 7-8 • Assigned • 8.9mi
6/10
Clyde A Erwin High
Public PreK-12 • Assigned • 9.1mi
2/10
Provided by GreatSchools
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
1/10 Heat Factor
6 days above 92° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Leicester, NC • 28748
Average low and high temperatures (°F)
44
22
54
30
66
38
72
47
72
52
81
60
84
65
78
61
76
55
69
45
60
39
50
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$351,000 – $424,000
Sell confidently with a local market expert in Leicester.