98 Tom Arthur Ln, Leicester, NC, 28753
About This Home
Priced below August 2026 Appraisal. Video tour available upon request—call listing agent. Certified Pre-Owned (CPO) home. Rustic-modern mountain retreat on over 2 usable private acres with two bedroom suites, three full baths, and stunning ridgeline views. This is Joe Shively, 'Modern Rustic' Builder's own home, built to high standards. Escape to your own private mountain retreat just 25 minutes from downtown Asheville. Enjoy the perfect balance of peaceful country living with convenient access to Asheville, Weaverville, and Marshall for shopping, restaurants, breweries, and everyday conveniences. Surrounded by beautiful ridgeline views, overlooking 'Duck Pond', fenced pasture, and expansive usable land, this property offers room for gardening, animals, recreation, or simply enjoying the serenity of the mountains. Originally built several years ago, the home has been substantially completed and extensively remodeled, including significant newly finished living space and the addition of a second private bedroom suite. The result is a move-in-ready home that beautifully blends handcrafted mountain craftsmanship with modern comfort and design. Inside, you'll find soaring ceilings, dramatic A-frame windows that frame the surrounding landscape, handcrafted branch railings, river rock accents, reclaimed metal accents, a striking copper farmhouse sink, spa-inspired bathrooms, and quality finishes throughout. The expansive deck is the perfect place to enjoy morning coffee or evening sunsets while overlooking the pond and breathtaking mountain ridgeline views. Whether you're searching for a full-time residence, a mountain getaway, a mini-farm, or a vacation home, this one-of-a-kind property offers privacy, usable acreage, distinctive rustic-modern design, and an exceptional location just minutes from everything Western North Carolina has to offer Also available with another property next door, on approximately 1 acre, which currently has a tenant, should you want a family estate, for an additional 150k! Address shown as Leicester and Marshall depending on source!
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2011
Materials
- Foundation: Crawl Space
- Construction materials: Cedar Shake,Fiber Cement
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Microwave,Refrigerator
- Laundry features: Mud Room,Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Features
- Fireplace features: Wood Burning Stove
- Finished area below ground: 0
- Finished area above ground: 2,290
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 970344211000000
- Zoning: OU
- Special condition: Standard
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Back Yard
Lot
- Lot size: 2.01 Acres
- Features: Pasture,Views
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Cold Wave
- Landslide
- Lightning
- Strong Wind
- Hail
- Inland Flooding
- Ice Storm
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,755 | $33,060 |
| Home Insurance * | $192 | $2,304 |
| Property Taxes | $352 | $4,224 |
| Electricity | $213 | $2,559 |
| Total | $3,512 | $42,144 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Listed for sale | $545,000 |
| 2026-05-26 | Sold | $260,000 |
| 2024-06-20 | Sold | $5,500 |
View on Zillow