OFF MARKET

Off market feb 2012 for $350K

$891,086

Est. refi paymentEst. refi $3,031/mo

•

3.5 ba

•

3,290

sq ft

40 Moonrise Rdg, Leicester, NC 28748

About this home

This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! This property is eligible for HomePath Mortgage and HomePath Renovation Mortgage Financing. Awesome Long Range Mountain Views from most rooms, deck and inground pool! Basement has been started to be finished and could add even more to the home. Great room features cathedral ceilings and large stone fireplace. Huge bedrooms! Large acreage! See attachments

Single-familyProperty Type

1999Year Built

6.86 acresLot Size

$271Est. Price/Sq.Ft.

2 spacesParking

Listed by Aaron Kraft • WEICHERT, Realtors - Unlimited

Bought with Jon Corbin • The Buyer`s Agent of Asheville

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #NCM510789

Redfin Estimate

$891,086

$541K since sold in February 2012$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 68.8% higher than the average sale price ($528K) of 6 comparable homes.

SOLD AUG 4, 2026
$675,000
A
3 beds3.5 baths1,869 sq ft
48 Merrell Rd, Leicester, NC 28748
SOLD DEC 17, 2025
$425,000
B
4 beds3 baths3,020 sq ft
422 Day Lily Dr, Leicester, NC 28748
SOLD JUL 27, 2026
$660,000
C
3 beds4 baths3,446 sq ft
40 Mountain Shadows Dr, Leicester, NC 28748
SOLD JUN 22, 2026
$605,000
D
3 beds3 baths2,015 sq ft
39 Millard Cove Rd, Leicester, NC 28748
SOLD JUL 28, 2026
$495,000
E
3 beds3.5 baths2,240 sq ft
4 Carter Hill Dr, Leicester, NC 28748
SOLD SEP 25, 2026
$308,000
F
3 beds2 baths1,728 sq ft
31 Trent Dr #48, Leicester, NC 28748

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Earn from this home

Sell

$654,853

Est. take-home

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Refinance

Est. cash available

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Rent

$3,557/mo

Redfin rental estimate

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Market trends in 28748, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.6%

0.2% MoM

Median sale price

$495K

$15K MoM

Avg. days on market

75d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 2PM TO 4PM
$775,000
3 beds2.5 baths2,625 sq ft
15 Temujin Dr, Leicester, NC 28748
3D WALKTHROUGH
$975,000
3 beds2 baths1,512 sq ft
422 S Turkey Creek Rd, Leicester, NC 28748
$279,000
2 beds1.5 baths1,152 sq ft
74 Lanzi Ledge Rd, Leicester, NC 28748
$950,000
3 beds3 baths2,712 sq ft
29 Miranda Knl, Leicester, NC 28748
OPEN SUN, 2PM TO 4PM
$825,000
4 beds5 baths2,775 sq ft
61 Mountain Shadows Dr, Leicester, NC 28748
$599,000
3 beds2.5 baths2,034 sq ft
281 Bearwallow Trl, Leicester, NC 28748
$340,000
3 beds2.5 baths2,671 sq ft
91 Walnut Dr, Leicester, NC 28748
OPEN SAT, 11AM TO 1PM
$449,999
3 beds2 baths1,672 sq ft
245 Potato Branch Rd, Leicester, NC 28748
$179,900
3 beds2 baths1,512 sq ft
3 S Creek Dr, Leicester, NC 28748
$415,000
3 beds2 baths1,318 sq ft
1884 Bear Creek Rd, Leicester, NC 28748
See all

Provided by Redfin

Sale history for 40 Moonrise Rdg

Year

Property tax

Land + Additions

Assessment*

2025

$4,158 (+4.4%)

$104,500 + $500,800

$605,300

2024

$3,982 (+3.1%)

$104,500 + $500,800

$605,300

2023

$3,864 (+1.6%)

$104,500 + $500,800

$605,300

2022

$3,803

$104,500 + $500,800

$605,300

2021

$3,803 (+11.5%)

$104,500 + $500,800

$605,300

2020

$3,410

$104,500 + $500,800

$605,300

2019

$3,410

$104,500 + $405,200

$509,700

2018

$3,410 (−1.5%)

$104,500 + $405,200

$509,700

2017

$3,461 (−5.5%)

$104,500 + $405,200

$509,700

2016

$3,663

$104,500 + $405,200

$509,700

2015

$3,663 (+26.6%)

$104,500 + $387,900

$492,400

2014

$2,893

$104,500 + $300,700

$405,200

Tax history for 40 Moonrise Rdg

Year

Property tax

Land + Additions

Assessment*

2025

$4,158 (+4.4%)

$104,500 + $500,800

$605,300

2024

$3,982 (+3.1%)

$104,500 + $500,800

$605,300

2023

$3,864 (+1.6%)

$104,500 + $500,800

$605,300

2022

$3,803

$104,500 + $500,800

$605,300

2021

$3,803 (+11.5%)

$104,500 + $500,800

$605,300

2020

$3,410

$104,500 + $500,800

$605,300

2019

$3,410

$104,500 + $405,200

$509,700

2018

$3,410 (−1.5%)

$104,500 + $405,200

$509,700

2017

$3,461 (−5.5%)

$104,500 + $405,200

$509,700

2016

$3,663

$104,500 + $405,200

$509,700

2015

$3,663 (+26.6%)

$104,500 + $387,900

$492,400

2014

$2,893

$104,500 + $300,700

$405,200

*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
Permits

Beds

Baths

3.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

6.86 Acres

Year renovated

1999

Sq. Ft.

4,005

Year built

1999

Style

Single Family Residential

County

Buncombe County

APN

879281007400000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

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

Nov 17, 2025 • Final

Residential solar - roof-mounted

Install a roof-mounted solar photovoltaic system on a residential building. The project includes solar modules, inverters, and a battery storage system.

Electrical

Solar

Mar 31, 2014 • Final

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: Basement, Garage - 2 Car

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1

Heating & Cooling
Heating Information: Heat Pump, Heat Pump, MultiZone Heat
Sq. Ft. Unheated Basement: 2,225

Interior Features
Interior Features: Cathedral Ceiling(s), Pantry, Whirlpool
Flooring: Tile, Carpet, Wood

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Wood Siding

Exterior Features
Exterior Features: Pool-In-Ground, Fence

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Long Range View, Mountain View, Pasture, Rolling Slope, Year Round View
Lot Size Area: 6.86
Lot Size Dimensions: irregular
Road Surface Type: Asphalt, Gravel
Publically Maintained Road: 0

Utilities

Utility Information
Water Source: Well
Sewer: Septic Tank

Location

Multi-Unit Information
# of Units: 0

Location Information
Directions: From Asheville take Patton Ave to New Leicester Hwy and turn right. Drive 8.4 miles and turn right on Martin Branch Rd. 0.3 miles stay left onton Martin Branch. 0.6 miles turn left on Gibbs Rd. 0.6 miles turn left on Moonrise Ridge. Look for address and sign straight ahead.

Public facts

Beds: 3
Baths: 3.5
Sq. Ft.: 4,005
Stories: 1.5
Lot Size: 6.86 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: 1999
County: Buncombe County
APN: 879281007400000

Home facts updated by county records on Aug 10, 2026

Other

Home Information
Living Area: 3290
Sq. Ft. Upper: 1065
Sq. Ft. Third: 0
Sq. Ft. Main: 2225
Building Area Total: 3290
Foundation Details: Basement
Structure Type: 2 Story/Basement

Around this home

Schools

Leicester Elementary

Public PreK-4 • Assigned • 1.1mi

5/10

Clyde A Erwin Middle School

Public 7-8 • Assigned • 6.0mi

6/10

Clyde A Erwin High

Public PreK-12 • Assigned • 6.2mi

2/10

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 98° expected this year, 20 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 4.8 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$847,000 – $1.02M

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Nearby similar homes

$275,000

Land— sq ft

4401 Meadows Town Rd, Marshall, NC 28753

$725,000

3 beds2.5 baths2,700 sq ft

27 Winn Dr, Leicester, NC 28748

$530,000

3 beds2 baths1,798 sq ft

50 Embler Rd, Alexander, NC 28701

$415,000

3 beds2 baths1,318 sq ft

1884 Bear Creek Rd, Leicester, NC 28748

NEW CONSTRUCTION

$325,000

2 beds1 bath1,040 sq ft

120 Dog Star Ln, Alexander, NC 28701

VIDEO TOUR

$599,900

3 beds3 baths3,282 sq ft

37 Justice Dr, Leicester, NC 28748

New listings for sale in 28748

OPEN SUN, 2PM TO 4PM3D WALKTHROUGH

$775,000

3 beds2.5 baths2,625 sq ft

15 Temujin Dr, Leicester, NC 28748

3D WALKTHROUGH

$975,000

3 beds2 baths1,512 sq ft

422 S Turkey Creek Rd, Leicester, NC 28748

$279,000

2 beds1.5 baths1,152 sq ft

74 Lanzi Ledge Rd, Leicester, NC 28748

$950,000

3 beds3 baths2,712 sq ft

29 Miranda Knl, Leicester, NC 28748

OPEN SUN, 2PM TO 4PM

$825,000

4 beds5 baths2,775 sq ft

61 Mountain Shadows Dr, Leicester, NC 28748

$599,000

3 beds2.5 baths2,034 sq ft

281 Bearwallow Trl, Leicester, NC 28748

$340,000

3 beds2.5 baths2,671 sq ft

91 Walnut Dr, Leicester, NC 28748

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

$449,999

3 beds2 baths1,672 sq ft

245 Potato Branch Rd, Leicester, NC 28748

$179,900

3 beds2 baths1,512 sq ft

3 S Creek Dr, Leicester, NC 28748

Home values near 40 Moonrise Rdg

Data from public records.

Address	Redfin Estimate
5 Moonrise Ridge, Leicester, NC 4 Beds \| 4.5 Baths \| 3221 Sq. Ft.	$887,322
336 Turkey Creek Road, Leicester, NC 3 Beds \| 2 Baths \| 2026 Sq. Ft.	$592,183

Address	Redfin Estimate
6 Moonrise Ridge, Leicester, NC 4 Beds \| 3.5 Baths \| 2618 Sq. Ft.	$618,730
116 Windy Hills Lane, Leicester, NC 3 Beds \| 2.5 Baths \| 2860 Sq. Ft.	$574,591

Address	Redfin Estimate
136 W Moonrise Ridge, Leicester, NC 2 Beds \| 2 Baths \| 1830 Sq. Ft.	$829,374
102 Windy Hills Lane, Leicester, NC 3 Beds \| 1.5 Baths \| 1764 Sq. Ft.	$430,603

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2011. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28748, NC

Sale history for 40 Moonrise Rdg

Tax history for 40 Moonrise Rdg

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28748

Home values near 40 Moonrise Rdg

More real estate resources