See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

111 Rathfarnham Cir, Asheville, NC, 28803

5beds
3baths
3,444sqft
$1,125,000
$327price/sqft
$7,043/moest. monthly cost
$281,720/yrincome needed

About This Home

Step inside a 1929 treasure where craftsmanship meets modern luxury. Gracious and timeless, this Colonial Revival residence enhanced with Arts & Crafts detailing is set on a large, level lot tucked privately in South Asheville. The location offers privacy, yet is convenient to Asheville Regional Airport, Biltmore Park, premier schools, fine dining, and shopping. Thoughtfully renovated with refined taste while preserving its 1920s character and charm, the result is an elegant yet welcoming home, grounded in history but beautifully updated for modern living. It features five bedrooms and three-and-a-half bathrooms, including separate guest quarters above the detached garage/workshop and adjacent carport. Inside, you’ll find original wavy glass windows, reclaimed hardwood floors, and a chef’s kitchen showcasing Viking, Bosch, and Dacor appliances, concrete countertops, and fine cabinetry crafted from South-African hardwoods. Every detail reflects intentional craftsmanship and enduring style. Outdoors, multiple living areas invite both intimate gatherings and grand entertaining. Enjoy an expansive lawn framed by lush gardens, a stately front porch of Ipe wood, and custom ironwork gates leading to an enchanted alfresco dining area. An extensive private back patio offers the perfect setting for relaxing or entertaining amid a serene, park-like backdrop. With county-only taxes and no short-term rental restrictions, this South Asheville estate offers an exceptional opportunity as a primary residence or luxury investment property. A 1929 treasure reborn—where privacy, history, and craftsmanship come together in perfect harmony.

Getting Around

16
WalkingCar-Dependent
20
TransitMinimal Transit
6
BikeSomewhat Bikeable

Schools

5/10
9/10
Valley Springs MiddleGrades 5-81.5 mi
7/10
T C Roberson HighGrades PK,9-121.1 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Arts and Crafts
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Gas Cooktop,Refrigerator,Wine Refrigerator
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: French Drain,Unfinished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: 2nd Living Quarters

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Main

Bedroom S

  • Level: 2nd Living Quarters

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 2

Den

  • Level: Upper

Dining Room

  • Level: Main

Features

  • Breakfast Bar,Built-in Features,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s),Wet Bar,Total Primary Heated Living Area: 3170
  • Door features: French Doors
  • Flooring: Tile,Wood,Other
  • Fireplace features: Living Room,Wood Burning
  • Finished area below ground: 0
  • Finished area above ground: 3,170

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,170
  • Total interior livable area: 3,444 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 965530708700000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Patio,Terrace

Lot

  • Lot size: 0.82 Acres
  • Features: Level,Private,Wooded

Parking

  • Total spaces: 4
  • Parking features: Detached Carport,Driveway,Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport 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

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Inland Flooding
Landslide
Strong Wind
Tornado
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 $5,688$68,256
Home Insurance *$435$5,220
Property Taxes $600$7,200
Electricity $320$3,849
Total$7,043$84,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,474/yr
40% on housing$211,290/yr
45% on housing$187,813/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 28803$344
Buncombe County$291

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
2026-04-04Price change$1,125,000
2025-12-19Price change$1,150,000
2025-11-10Price change$1,175,000
2025-10-09Listed for sale$1,200,000
2025-07-02Listing removed$1,275,000
2025-01-17Price change$1,275,000
2024-07-31Price change$1,325,000
2024-05-30Price change$1,350,000
2024-04-23Price change$1,370,000
2024-01-13Price change$1,395,000
2023-08-26Listed for sale$1,450,000
2001-05-29Sold$250,000

For Sale by Agent

AgentMiriam McKinney
BrokerageIvester Jackson Blackstream

Similar Homes