5661 Asheville Highway

Motivated Seller – Priced $71K Under Assessed Value! As-Is Gem in High-Demand Pisgah Forest Address: 5661 Asheville Hwy, Pisgah Forest, NC 28768 Asking Price: $240,000 (an unbelievable $71,000 below the current assessed/market value of $311,970 per Transylvania County records—seller is highly motivated for a quick, as-is sale!) Nestled in the highly sought-after Asheville Highway neighborhood (code 45200) of Pisgah Forest, this property offers exceptional value in one of Western North Carolina's most desirable areas. Surrounded by the natural beauty of Pisgah National Forest, you're just minutes from Brevard, Asheville, world-class hiking, waterfalls, and the Blue Ridge Parkway. Demand for homes here remains strong, with buyers flocking to the mountain lifestyle, privacy, and outdoor access—making this a prime opportunity for investors, first-time buyers, or anyone seeking a solid foundation to personalize. Property Highlights: Single-family home on 1 lot (0.68 acres per records) Legal Description: HWY 280 Heated Area: 1,652 sq ft Total Area (incl. non-heated): ~1,892 sq ft Built: 1964 Appraised/Building Value: $278,160 Land Value: $30,000 Obxf (Other Building/Improvements): $3,810 Market/Assessed Value: $311,970 (no deferred taxes or exemptions noted) Replacement Cost New: ~$397,375 (county data) Structural Features: Rectangle shape/design, average quality, face brick exterior, continuous footing foundation, gable roof, central air conditioning, heat pump (electric), hardwood/sheet vinyl floors, plastered interior walls, plywood subfloor, mod metal/metal roofing Subareas: Base living (1,652 sq ft), open unfinished porch (216 sq ft), stoop (24 sq ft) Offered as-is—ideal for buyers ready to update or invest in this appreciating market. No warranties; priced aggressively to reflect condition and seller motivation. Homes in Pisgah Forest move fast—don't let this steal slip away! Contact listing agent for a private tour or to submit an offer today. Serious inquiries welcome—priced to sell quickly!