40 Mountain Shadows Drive
Leicester, NC 28748
$202/Sq Ft
3 bd · 4 ba · 3,446 sqft · $202/sqft
About This Home
Previously under contract with no property-related issues, the home was being considered for short-term rental use and has now returned to market through no fault of its own----repositioned at a compelling value. Exceptional opportunity at 40 Mountain Shadows Drive. Days on market do not reflect the full value of this home, which was initially introduced during winter in a shifting economy and amid rising fuel and utility costs.
Set on more than an acre of usable land with year-round mountain views, this refined mountain residence offers a rare combination of privacy, sophistication, and convenience just minutes from downtown Asheville. Privately tucked within an established enclave, the property provides the ideal balance of quiet seclusion and quick access to acclaimed dining, boutique shopping, and premier medical facilities.
Inside, soaring ceilings, abundant natural light, and timeless architectural details create a warm yet elegant atmosphere. The open-concept layout flows seamlessly from the gourmet kitchen to expansive living and dining areas, designed for both effortless everyday living and memorable entertaining. The main-level primary suite offers a true retreat, while the spacious upstairs en-suite with walk-in closet adds flexibility as a second primary suite, executive office, or private lounge.
The walk-out lower level expands the home’s versatility with a large family room, vented gas fireplace, full bath, kitchenette, and additional flex spaces, ideal for extended guests, recreation, or multi-generational living. Outdoors, covered porches, a scenic patio, and manicured grounds frame the beautiful mountain setting, while dual oversized garages with workshop space provide exceptional utility.
Opportunities of this caliber, offering privacy, scale, and proximity to Asheville, are increasingly rare. Explore 40 Mountain Shadows Drive from the comfort of home with a virtual tour, OPEN HOUSES- are virtual - or contact the listing agent to arrange a private in-person showing. Rent-to-own may also be available; inquire for details.
Property history
-
Jul 29, 2026
-
Jul 27, 2026
-
Jun 18, 2026Went pending $695,000 PendingActive -> Pending
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Jun 11, 2026Previously listed $695,000 Closed
-
Jun 10, 2026Status changed to Off Market $695,000 Off MarketActive -> Off Market
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May 9, 2026Price reduced $695,000 ActiveWas $749,000
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Apr 17, 2026Back on market $749,000 ActivePending -> Active
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Apr 11, 2026Went pending $749,000 PendingActive -> Pending
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Mar 19, 2026Price reduced $749,000 ActiveWas $750,000
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Feb 23, 2026Status changed to Off Market $750,000 Off MarketHold -> Off Market
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Jan 7, 2026Status changed to Hold $750,000 HoldActive -> Hold
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Oct 2, 2025Listed for sale $695,000 Off Market
Property Details
Interior Details
- Heating
- Heat Pump
- Flooring
- Carpet
- Tile
- Wood
- Sqftmain
- 1855
- Roomcount
- 10
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 622
- Bedroommain
- 2
- Bedroomlower
- 0
- Bedroomthird
- 0
- Bedroomupper
- 0
- Fullbathmain
- 2
- Halfbathmain
- 0
- Fullbathlower
- 0
- Fullbaththird
- 0
- Fullbathupper
- 1
- Halfbathupper
- 0
- Half Bathrooms
- 0
- Bedroombasement
- 1
- Bedroomsecondlq
- 0
- Total Bathrooms
- 4
- Fullbathbasement
- 1
- Fullbathsecondlq
- 0
- Laundry Features
- Mud Room
- Sqftunheatedmain
- 518
- Mainlevelgarageyn
- 1
- Sqftunheatedlower
- 0
- Sqftunheatedthird
- 0
- Sqftunheatedtotal
- 1645
- Sqftunheatedupper
- 329
- Fireplace Features
- Bonus Room
- Gas
- Gas Vented
- Living Room
- Wood Burning
- Sqfttotalpropertyhla
- 3446
- Sqftunheatedbasement
- 798
- Sqftsecondlivingquarters
- 0
Dwelling And Structure
- Architectural Style
- Arts and Crafts
- Contemporary
- Modern
- Post and Beam
- Traditional
Square Footage And Levels
- Levels
- One and One Half
- Above Grade Finished Area
- 2477
- Below Grade Finished Area
- 969
Parking And Garage
- Parking Features
- Driveway
- Attached Garage
Exterior Features
- Roof
- Architectural Shingle
- Exterior Features
- Other - See Remarks
- Construction Materials
- Fiber Cement
- Stone Veneer
- Patio And Porch Features
- Covered
- Deck
- Front Porch
- Rear Porch
Lot And Land
- Fencing
- Back Yard
- Fenced
- Partial
- Lot Features
- Green Area
- Open Lot
- Private
- Rolling Slope
- Views
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Basement Garage Door
- Basement Shop
- Exterior Entry
- Finished
- Walk-Out Access
- Walk-Up Access
- Foundation Details
- Basement
Waterfront And View
- View
- Long Range
- Mountain(s)
- Winter
- Year Round
Utilities
- Sewer
- Septic Installed
- Utilities
- Natural Gas
- Underground Power Lines
- Water Source
- Well
Financial Information
- Citytaxespaidto
- No City Taxes Paid
- Hoasubjecttodues
- Mandatory
- Proposedspecialassessmentyn
- 0
Zoning And Restrictions
- Zoningspecification
- O U
Listed by Judith Moolten (828-290-0940) · Grateful Mindset Properties (828-290-0940)
Location
- Address
- 40 Mountain Shadows Drive
- City
- Leicester, NC 28748
- Community
- Mountain Shadows
Schools
- Elementary
- Leicester/Eblen
- Middle
- Clyde A Erwin
- High
- Clyde A Erwin
School assignments may change. Contact the school district to confirm.
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