$719,000
- 3
- beds
- 3 full · 1 half
- baths
- 3,670
- sqft
- 1992
- year built
- 3
- beds
- 3 full · 1 half
- baths
- 3,670
- sqft
- 1992
- year built
- Status:
- Under Contract-Show
- MLS #:
- 4366172
- Neighborhood:
- Franklin Farm
- County:
- Buncombe
- Listed By:
- John Ellis - Walnut Cove Realty/Allen Tate/Beverly-Hanks
- Agent Phone:
- (828) 329-8407
- Agent Email:
- john@walnutcoverealty.com
Set on nearly 2 acres in the highly sought-after Franklin Farm community, this expansive 3,600 sq ft home delivers a rare blend of privacy, versatility, and modern convenience—just minutes from South Asheville’s shopping, dining, and amenities. What truly makes this property stand out is its fully finished, walk-out basement featuring its own private entrance and a second kitchen. This spacious lower level is ideal for multigenerational living, offering parents or in-laws their own private suite complete with living area, full bath, and kitchen facilities. The separate entrance and self-contained layout also create excellent income potential as a short-term rental, long-term guest quarters, or even a private in-law apartment—perfect for families who want everyone together yet independent. On the main level, the thoughtfully designed layout welcomes you with a formal dining room, a dedicated home office, and a cozy den that flows seamlessly onto an elevated deck. Enjoy peaceful views of the wooded surroundings and open space beyond while sipping morning coffee or entertaining friends. The well-appointed kitchen and generous living spaces make everyday life effortless and enjoyable. Upstairs, you’ll discover three spacious bedrooms and a large versatile bonus room that can easily serve as a media room, home gym, craft space, or additional home office. Outside, the large, usable yard is framed by mature trees and offers plenty of room for gardening, play, or outdoor gatherings—something increasingly rare this close to town. Additional features include a two-car garage, abundant storage, and functional living space across all three levels. This exceptional home provides the perfect balance of Western North Carolina lifestyle and long-term flexibility. Whether you’re looking for room to grow with extended family or the opportunity to generate supplemental income, this Franklin Farm gem delivers outstanding value in a location you’ll love coming home to every day.
-
- Bedrooms
- 3
-
- Bathrooms
- 3 full · 1 half
-
- Year Built
- 1992
-
- Architectural Style
- Traditional
-
- Garage Spaces
- 2.0
-
- Parking Features
- Driveway
-
- Living Area
- 3670.0
-
- Interior Features
- Walk-In Closet(s), Storage
-
- Appliances
- Dishwasher, Microwave, Refrigerator, Disposal, Gas Range, Tankless Water Heater, Gas Cooktop, Gas Water Heater, Washer/Dryer
-
- Flooring
- Tile, Vinyl, Wood
-
- Exterior Features
- Fire Pit
-
- Patio And Porch
- Deck
-
- Security Features
- Smoke Detector(s), Carbon Monoxide Detector(s)
-
- Cooling
- Central Air
-
- Heating
- Heat Pump, Central
-
- Basement
- Finished, Walk-Out Access, Interior Entry, Storage Space, Exterior Entry
-
- Lot Features
- Wooded, Sloped
-
- Utilities
- Natural Gas Available, Underground Utilities
-
- Water
- Well
-
- County
- Buncombe
-
- City
- Fletcher
-
- Neighborhood
- Franklin Farm
-
- Zip Code
- 28732
-
- High School
- AC Reynolds
-
- Middle School
- Cane Creek
-
- Elementary School
- Fairview
-
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Estimated Value
$888,819
Estimated Sales Price Range:
$853,266 - $924,371
Source: Constellation Data Labs
Price History
| 09/25/2019 | Sold | $465,000 |
| Source: Canopy MLS #3536558 | ||
| Listed | $489,000 | |
| Source: Canopy MLS #3536558 | ||
| 10/26/2026 | Price Changed | $719,000 |
| Source: Canopy MLS #4366172 | ||
| 04/09/2026 | Listed | $940,000 |
| Source: Canopy MLS #4366172 | ||
Source: MLS Data
Deed History
| 09/25/2019 | Warranty Deed | $469,000 |
| 11/04/2005 | Warranty Deed | $380,000 |
| 08/23/2002 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 05/27/1999 | Warranty Deed | $289,500 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/25/2019 | Coventional | $315,859 |
| 02/23/2016 | Credit Line (Revolving) / HELOC | $25,000 |
| 10/09/2014 | ARM (Adjustable Rate Mortgage as of August, 2009) | $386,000 |
| 02/04/2008 | Credit Line (Revolving) / HELOC | $112,000 |
| 11/04/2005 | Fannie Mae/Freddie Mac (Code phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.) | $375,000 |
| 12/14/2004 | Credit Line (Revolving) / HELOC | $90,000 |
| 03/25/2004 | Credit Line (Revolving) / HELOC | $35,000 |
| 08/23/2002 | $270,300 | |
| 05/27/1999 | Unknown | $275,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
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There are currently 50 properties available in Fletcher, with 11 under contract to close soon. Properties in the city have an average sale price of $411,342 and typically spend 96 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 32 Franklin Farm Rd?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $719,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Fletcher, and can even get you in to see the property quickly.
How do I get a virtual tour of 32 Franklin Farm Rd?
Yes! A virtual tour is available for 32 Franklin Farm Rd. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 32 Franklin Farm Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 32 Franklin Farm Rd at around $3,899. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 32 Franklin Farm Rd?
In most cases, yes. Whether 32 Franklin Farm Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Fletcher's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 32 Franklin Farm Rd?
We can handle that for you. Our preferred local agent specializes in residentials in Fletcher and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $719,000 with 3,670 sqft of space—that comes out to approximately $196 per square foot.
How long has this property been on the market?
32 Franklin Farm Rd was listed on April 09, 2026, which means it's been on the market for 210 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1992, making it approximately 34 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Fairview
- Middle: Cane Creek
- High: AC Reynolds
Want to see how these schools compare? Check out our Buncombe County School Guide to see ratings, reviews, and more for the schools in the area.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $1,000 paid annually.
Is 32 Franklin Farm Rd still available for sale?
This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Canopy MLS. All rights reserved.
Last Updated: November 05, 2026 at 06:00PM | Source: Canopy MLS | MLS#: 4366172
