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294 Red Knob Ln, Marshall, NC, 28753

3beds
3baths
3,106sqft
$2,445,000
$787price/sqft
$14,491/moest. monthly cost
$579,640/yrincome needed

About This Home

A truly unique opportunity awaits the next owner of this exquisite 129 acre mountain estate, located 30 minutes from all that Asheville has to offer, and only ten minutes to Downtown Marshall. Nestled in an area of large tract legacy farms, the home offers panoramic long range views of pasture and pond, dense forest and Blue Ridge Mountain ridgelines, while providing state-of-the-art technology sought by today’s discerning buyers. A RARE FIND INDEED! Perched midrange on the property, the magnificent family home was completely rebuilt by the present owners in 2024. The thoughtful attention to detail in the reimagining of this home cannot be under-estimated. Entrance into the home draws the eye through an inviting contemporary living area and adjacent four season room to the views of the land’s Meadow/Pasture, Pond & Entrance, rendering a remarkable harmony between landscape and interiors of the home. The graciously designed living and dining areas blend seamlessly with the kitchen, a highly functional work of art, with abundant custom cabinetry and woodwork and a stunning quartzite-topped center island. The main level primary en-suite offers a flex ante room (office) and private deck. The lower level of the home, with a second large living area, boasts a wet bar and opens to a large screen porch with sweeping views of the terrain. Two bedrooms and a full bath also occupy this level. Trex decks surround three sides of the home. More than a home, this is a sanctuary. This extraordinary contemporary retreat offers a rare opportunity to experience a life of complete peace, privacy, and connection with nature. Wake each morning to the gentle chorus of songbirds, breathe in the fresh country air, and enjoy the tranquility that only a landscape this expansive can provide. As the day fades, spectacular sunsets give way to an unspoiled night sky where countless stars shine with breathtaking clarity—a nightly reminder of the beauty that surrounds you. Whether you're sipping coffee on the deck, exploring your own private acreage, or simply listening to the breeze through the trees, every moment here invites you to slow down and savor the serenity. Magical, peaceful, and wonderfully secluded, this is a home where the stresses of everyday life melt away. Properties that combine striking contemporary architecture with this level of natural beauty, privacy, and acreage are exceptionally rare. This is more than a destination—it's a lifestyle and a legacy waiting to be enjoyed. A second living space, the original homestead, is separated from the main residence. It has been reframed and reroofed and awaits interior buildout at buyer’s election. Plans are available to complete this structure as a guest home. Management of this tract of land benefits from the owner’s affiliation with EcoForesters, a non-profit professional forestry organization working with private owners to conserve and restore Appalachian forests. Details of this benefit to maintenance of the land are available for consideration. A review of the attached “Features” details this exceptional estate, which must be seen and experienced to capture the essence of this remarkable opportunity. It is my pleasure to arrange a visit to this spectacular estate for your buyers.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
5/10
Madison Middle SchoolGrades 6-84.1 mi
4/10
Madison High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Permanent
  • Roof: Metal
  • Construction materials: Hardboard Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Gas Range,Microwave,Propane Water Heater,Refrigerator,Refrigerator with Ice Maker,Self Cleaning Oven,Tankless Water Heater,Washer/Dryer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished,Interior Entry,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Lower

Bedroom S

  • Level: Lower

Bedroom S

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Attic Other,Kitchen Island,Open Floorplan,Walk-In Closet(s),Wet Bar,Other - See Remarks
  • Door features: Insulated Door(s),Sliding Doors
  • Window features: Insulated Windows
  • Flooring: Laminate,Tile,Wood
  • Fireplace features: Great Room
  • Attic: Other
  • Finished area below ground: 0
  • Finished area above ground: 3,106

Heating & Cooling

  • Heating features: Central,Ductless,Propane
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 3,106
  • Total interior livable area: 3,106 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Features: Cathedral Ceiling(s)
  • Level: Main

Office

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Two or More Access Exits

Details

  • Parcel number: 9728037499
  • Zoning: RA
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Rear Porch,Screened
  • Exterior features: Other - See Remarks
  • Fencing: Fenced,Electric,Partial
  • Has view: Yes
  • View description: Long Range,Mountain(s)
  • Waterfront features: Pond

Lot

  • Lot size: 129 Acres
  • Features: Pasture,Pond(s),Private,Wooded,Views,Waterfall,Other - See Remarks
  • Lot size dimensions: See Plat

Parking

  • Total spaces: 4
  • Parking features: Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Landslide
    LandslideRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Ice Storm
Landslide
Strong Wind
Hail
Tornado
Wildfire
Winter Weather

FEMA Declared Disasters in Madison County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,363$148,356
Home Insurance *$862$10,344
Property Taxes $977$11,724
Electricity $289$3,471
Total$14,491$173,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$496,834/yr
40% on housing$434,730/yr
45% on housing$386,426/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$787This listing

vs Other Active Listings

Avg $/sqft

ZIP 28753$232
Madison County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 28753$294
Madison County$243

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$2,445,000
2021-02-25Sold$943,945

For Sale by Agent

AgentRon Basile
BrokerageAVL Realty Group

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