5 Magnolia Farms Drive

 
Loading...

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search


If You Have Any Other Questions, Call Us At 1(888)-247-3466

Bed: 3
Bath: 3
1/2 Bath: 0
Sq. Ft.: 3,987
Acreage: 0.62

Community: Asheville in Buncombe County

Bed: 3
Bath: 3
1/2 Bath: 0
Sq. Ft.: 3,987
Acreage: 0.62

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search


If You Have Any Other Questions, Call Us At 1(888)-247-3466

Wake up to mountain views and end the day with unforgettable sunsets in this beautifully designed home, set in a desirable upscale neighborhood just minutes from downtown Asheville. The main level is open and inviting, with living and dining spaces that feel equally suited for quiet mornings and easy entertaining. A see-through fireplace opens to the back porch, creating a natural flow between indoor comfort and outdoor living. The kitchen sits at the center of the home and connects effortlessly to the main living areas, making it easy to stay connected whether you are cooking, hosting, or simply enjoying the space. Three bedrooms are located on the main level, including a primary suite that opens to the back porch and offers a peaceful retreat with a spacious walk-in closet and a tiled bath with a soaker tub. The finished lower level expands how the home lives day to day. A private home gym with sauna and cold plunge creates a true wellness space, while a third full bath and two additional finished rooms offer flexibility for work, guests, or creative pursuits. This level allows the home to adapt easily to changing needs and lifestyles. Owned solar panels support energy efficiency and long-term savings, while the yard provides room to relax, play, or gather outdoors. An oversized garage and the convenience of being just minutes to downtown Asheville round out a home designed for both comfort and balance.

Listed by NextHome Partners
Attribution: [email protected]
Original Listing Price: 875,000
MLS #: ‍4342638
Listing Status: Active
Days on Market: 14
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2026-02-20 at 1:00PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Some IDX listings have been excluded from this website.

Copyright © 2026. All rights reserved.

Map

close
  • Mapbox
  • Google
  • Topo Map

Directions: right onto Hazel Mill Rd, left onto Emma Rd, right onto Old County Home Rd, right onto Lee's Creek Rd, right onto Erwins Hills Rd, right onto Magnolia Farms Dr, home is on the right

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

View Directions on Map

Property Features

close
Association Fee: 360
Water: City
Year Built: 2016
Basement/Foundation: Basement
Floors: Tile,Wood
Subdivision: Magnolia Farms
Style: Arts and Crafts
Garage/Carport: Attached Garage
Sewer: Septic Installed
Heating/Cooling: Ductless,Heat Pump
Cooling: Ductless,Heat Pump
Roof: Architectural Shingle
Interior Features: Cable Prewire,Garden Tub,Open Floorplan,Pantry,Sauna,Walk-In Closet(s)

Mortgage Calculator

close
  • Payment Calculator
  • Qualifying Income
  • How much can I afford?
Purchase Price:
$
Down Payment:
$
Interest Rate:
%
Amortization Period:
Years
Results:
Monthly payment including interest:
$
Estimated Monthly Payment:
$
Annual Salary:
$
Other Annual Income
$
Annual Property Tax:
$
Annual Home Insurance:
$
Monthly Debt Payments:
$
Loan Criteria
Combined Annual Gross Income:
Wages Per Month:
Total Debt:
Results:
PITI using 36% RATE A:
PITI using 28% RATE B:
Monthly Payment Cap (RATE A):
Monthly Payment Cap (RATE B):
RATE A
The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
RATE B
The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
Down Payment:
$
Total Monthly Payment:
$
Length of Loan (years):
Interest Rate (%):
%
Property tax rate (1% = $1000/yr for 100K house):
%
Home Owners Insurance:
$
Mortgage Insurance Premium (generally between $1000 and $5000 per year):
$

By making a down payment of $ and paying $ per month, you will able to afford a home that costs $ . You will need to qualify for a loan of $.

Summary of Your Monthly Payment
Principal and Interest:
Taxes and Insurance:
Mortgage Insurance:

Schools

close
  • High School: Clyde A Erwin
  • Middle School: Clyde A Erwin
  • Elementary School: West Buncombe/Eblen
All Filters
Filter By Price
No Min
To
No Max