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268 Holly Arbor Ln, Asheville, NC, 28803

8beds
9baths
7,279sqft
$5,475,000
$752price/sqft
$33,401/moest. monthly cost
$1,336,040/yrincome needed

About This Home

Discover unparalleled serenity with this private estate nestled on over four acres of curated gardens, open meadows and fern-covered forests. This enchanting property features a storybook conservancy, two charming guest cottages and an exquisite main residence. A stunning stone wall lines the property, ensuring privacy and creating an oasis that feels worlds apart—yet it's conveniently located 15 minutes from the heart of downtown Asheville. Situated within the prestigious gates of The Ramble, this estate offers a rare opportunity: the privacy and security of a gated community without the architectural or usage restrictions and currently no rental restrictions. The main residence is the ultimate mountain retreat, showcasing soaring post-and-beam ceilings, dramatic floor-to-ceiling stone fireplaces, an exquisite primary suite, a chef’s kitchen, five guest suites and over 2,000 square feet of outdoor living space with forest views. The main residence was meticulously renovated in 2022.

Getting Around

2
WalkingCar-Dependent
20
TransitMinimal Transit
1
BikeSomewhat Bikeable

Schools

4/10
9/10
Valley Springs MiddleGrades 5-81.4 mi
7/10
T C Roberson HighGrades PK,9-121.3 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Crawl Space
  • Roof: Wood
  • Construction materials: Cedar Shake,Stone,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Microwave,Convection Oven,Dishwasher,Disposal,Double Oven,Dryer,Dual Flush Toilets,Exhaust Hood,Filtration System,Gas Range,Gas Water Heater,Ice Maker,Refrigerator,Warming Drawer,Washer,Washer/Dryer,Water Softener
  • Laundry features: In Hall,Laundry Room,Main Level,Multiple Locations

Basement

  • Basement: Exterior Entry

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: 2nd Living Quarters

Bathroom Half

  • Level: Main

Bathroom Half

  • Level: Main

Bedroom S

  • Features: En Suite Bathroom
  • Level: Main

Bedroom S

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: Main

Bedroom S

  • Features: En Suite Bathroom
  • Level: Upper

Bedroom S

  • Features: En Suite Bathroom,Split BR Plan,Walk-In Closet(s)
  • Level: Upper

Bedroom S

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: Upper

Bedroom S

  • Level: 2nd Living Quarters

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 9
  • Full bathrooms: 7
  • 1/2 bathrooms: 2
  • Main level bedrooms: 3

Dining Room

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

Features

  • Built-in Features,Kitchen Island,Open Floorplan,Pantry,Storage,Walk-In Closet(s),Walk-In Pantry,Total Primary Heated Living Area: 5958
  • Door features: French Doors,Insulated Door(s),Mirrored Closet Door(s)
  • Window features: Insulated Windows,Skylight(s),Window Treatments
  • Flooring: Stone,Tile,Wood
  • Fireplace features: Gas,Gas Log,Great Room,Kitchen,Porch,Primary Bedroom
  • Finished area below ground: 0
  • Finished area above ground: 5,958

Great Room

  • Features: Cathedral Ceiling(s),Open Floorplan
  • Level: Main

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas,Radiant Floor,Zoned
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,958
  • Total interior livable area: 7,279 sqft

Kitchen

  • Features: Cathedral Ceiling(s),Kitchen Island,Open Floorplan,Storage,Walk-In Pantry
  • Level: Main

Kitchen

  • Level: 2nd Living Quarters

Laundry

  • Features: Storage
  • Level: Main

Living Room

  • Level: 2nd Living Quarters

Other

  • Level: Main

Other

  • Level: Main

Primary Bedroom

  • Features: Cathedral Ceiling(s),En Suite Bathroom,Garden Tub,Split BR Plan,Storage,Walk-In Closet(s)
  • Level: Main

Primary Bedroom

  • Features: En Suite Bathroom
  • Level: 2nd Living Quarters

Property

Details

  • Parcel number: 964577823200000
  • Zoning: R-1
  • Special condition: Standard
  • Other equipment: Fuel Tank(s),Generator,Network Ready,Surround Sound,Other - See Remarks
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Enclosed,Patio,Screened,Terrace,Wrap Around
  • Exterior features: Fire Pit,In-Ground Irrigation,Porte-cochere
  • Fencing: Fenced,Full,Privacy,Stone,Wood
  • On waterfront: Yes
  • Waterfront features: None,Creek,Pond,Creek/Stream

Lot

  • Lot size: 4.02 Acres
  • Features: Flood Fringe Area,Orchard(s),Green Area,Level,Pond(s),Private,Wooded

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Driveway,Attached Garage,Detached Garage,Garage Door Opener,Garage Faces Front,Garage Faces Rear,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Buncombe 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 $27,684$332,208
Home Insurance *$2,120$25,440
Property Taxes $2,920$35,040
Electricity $677$8,135
Total$33,401$400,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,145,177/yr
40% on housing$1,002,030/yr
45% on housing$890,693/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$752This listing

vs Other Active Listings

Avg $/sqft

ZIP 28803$338
Buncombe County$290

vs Homes Sold Last Month

Median $/sqft

ZIP 28803$306
Buncombe County$278

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
2026-04-30Listed for sale$5,475,000
2026-04-13Listing removed$5,475,000
2025-09-05Price change$5,475,000
2025-06-14Listed for sale$5,900,000
2020-09-25Sold$2,600,000
2020-08-24Pending sale$2,995,000
2020-07-18Listed for sale$2,995,000
2015-12-22Sold$2,080,000
2004-05-20Sold$1,145,000

For Sale by Agent

AgentLeslie Young
BrokeragePremier Sotheby’s International Realty

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