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32 Franklin Farm Road

Fletcher, NC 28732

Active Listed 174 Days Price cut to $764,000 Oct 2, 2026 Listing ID CAR 299442543

$764,000
Est. $4,934/mo20% down · 7.125% · 30-yrAdjust
  • P&I$4,118
  • Taxes$478
  • Insurance$255
  • HOA$83

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$208/Sq Ft

3 bd · 3 ba · 3,670 sqft · $208/sqft

3 Beds
3 Baths
3,670 Sq Ft
$208/Sq Ft
1992 Built
1.86 acres Single Family Residence Franklin Farm Listed Apr 9, 2026 Updated Oct 2, 2026 HOA $1,000/yr

Open House

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HOA & Association

Dues$1,000/yrMonthly≈ $83/mo

About This Home

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.

Property history

  1. Oct 2, 2026
    Price reduced $764,000 Active
    Was $784,000
  2. Sep 20, 2026
    Price reduced $784,000 Active
    Was $799,000
  3. Sep 11, 2026
    Back on market $799,000 Active
    Pending -> Active
Show 10 more Show less
  1. Sep 10, 2026
    Went pending $799,000 Pending
    Active -> Pending
  2. Aug 22, 2026
    Price reduced $799,000 Active
    Was $849,000
  3. Jul 22, 2026
    Price reduced $849,000 Active
    Was $865,000
  4. Jul 5, 2026
    Price reduced $865,000 Active
    Was $879,000
  5. Jun 9, 2026
    Price reduced $879,000 Active
    Was $899,000
  6. May 15, 2026
    Price reduced $899,000 Active
    Was $920,000
  7. May 7, 2026
    Price reduced $920,000 Active
    Was $940,000
  8. Apr 9, 2026
    Listed for sale $940,000 Active
    Listed 174 Days
  9. Sep 25, 2019
    Sold $465,000 Closed
    Listed $489,000 · Aug 4, 2019 52 days on market
    Previously sold for $465,000
  10. Aug 4, 2019
    Previously listed $489,000 Closed

Property Details

Interior Details

Heating
  • Central
  • Heat Pump
Flooring
  • Tile
  • Vinyl
  • Wood
Room Count
1
Half Bathrooms
1
Unheated Sq Ft
917
Total Bathrooms
4
Laundry Features
  • Laundry Room
  • Main Level
Main Level Sq Ft
1387
Basement Bedrooms
0
Interior Features
  • Storage
  • Walk-In Closet(s)
Main Level Garage
Yes
Security Features
  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)
Upper Level Sq Ft
1418
Fireplace Features
  • Bonus Room
  • Gas Log
  • Living Room
  • Primary Bedroom
Basement Full Baths
1
Main Level Bedrooms
0
Unheated Main Sq Ft
488
Upper Level Bedrooms
3
Main Level Full Baths
0
Main Level Half Baths
1
Second Living Quarters
  • Interior Connected
  • Separate Entrance
  • Separate Kitchen Facilities
Upper Level Full Baths
2
Unheated Basement Sq Ft
429

Dwelling And Structure

Construction Type
Site Built
Architectural Style
  • Traditional

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
2805
Below Grade Finished Area
865

Parking And Garage

Parking Features
  • Driveway
  • Attached Garage

Exterior Features

Roof
  • Architectural Shingle
Exterior Features
  • Fire Pit
Construction Materials
  • Wood
Patio And Porch Features
  • Deck

Lot And Land

Fencing
  • Back Yard
  • Invisible
Lot Features
  • Sloped
  • Wooded
Lot Size Acres
1.86
Lot Size Units
Acres

Basement And Foundation

Basement
  • Exterior Entry
  • Finished
  • Interior Entry
  • Storage Space
  • Walk-Out Access
Foundation Details
  • Basement

Utilities

Sewer
  • Septic Installed
Utilities
  • Natural Gas
  • Underground Utilities
Water Source
  • Well

Financial Information

Hoa Dues
Mandatory
City Taxes Paid To
No City Taxes Paid

Zoning And Restrictions

Zoning
OU
Restrictions
  • Deed
  • Short Term Rental Allowed
  • Subdivision
Subject To Ccrs
Yes

Listed by John Ellis (828-329-8407) · Walnut Cove Realty/Allen Tate/Beverly-Hanks (828-684-5151)

Location

Address
32 Franklin Farm Road
City
Fletcher, NC 28732
Community
Franklin Farm
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Schools

Elementary
Fairview
Middle
Cane Creek
High
AC Reynolds

School assignments may change. Contact the school district to confirm.

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32 Franklin Farm Road, Fletcher, NC, 28732

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