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165 Israel Rd, Leicester, NC, 28748

4beds
4baths
2,590sqft
$1,299,000
$502price/sqft
$7,913/moest. monthly cost
$316,520/yrincome needed

About This Home

A rare offering in the heart of Western North Carolina, this distinguished custom residence was featured in the 2023 WNC Parade of Homes and represents the pinnacle of modern luxury living. Crafted by Dwelling Place Homes and aptly named "The Ridge," the home commands its setting with effortless authority — where masterful architecture, impeccable craftsmanship, and an idyllic natural backdrop converge in perfect harmony. Situated on a coveted double lot spanning 1.51 acres within an exclusive gated community, this property offers a level of privacy and prestige that is truly unmatched. Residents enjoy access to resort-style amenities including a community pool, pavilion, and basketball court — an exceptional lifestyle offering rarely found at this caliber. The approach alone is unforgettable. Natural stone columns frame walls of soaring black-framed glass, while a bold coral entry door and sculptural courtyard fountain signal the artistry within. Once inside, 13-foot ceilings and an abundance of natural light create an atmosphere of serene openness, anchored by a dramatic floor-to-ceiling polished stone-look porcelain fireplace that serves as the room's undeniable focal point. The culinary suite is a study in refinement. Conceived by the celebrated Expressions Cabinetry, it showcases custom cabinetry, breathtaking book-matched marble countertops, a professional Z-Line gas range, built-in Miele coffee system, beverage cooler, and a luminous marble tile backsplash — a space as beautiful to behold as it is to cook in. The outdoor living experience is equally impressive. A generous composite deck with outdoor fireplace and cable railing offers an unparalleled setting for both intimate evenings and grand entertaining under the Carolina sky. Finished with a standing seam metal roof, smart siding, natural stone exterior accents, and lush professional landscaping, every element of this home has been considered with intention. Opportunities of this distinction are exceedingly rare — this is Western North Carolina living at its most extraordinary.

Getting Around

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

Schools

5/10
Leicester ElementaryGrades PK-41.5 mi
6/10
2/10
Clyde A Erwin HighGrades PK,9-124.7 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Stone,Wood

Other

  • Builder name: Dwelling Place Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Exhaust Hood,Gas Cooktop,Gas Oven,Gas Range,Refrigerator with Ice Maker,Tankless Water Heater,Wine Refrigerator
  • Laundry features: Laundry Room,Main Level

Bar Entertainment

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 4

Dining Area

  • Level: Main

Features

  • Built-in Features,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s),Walk-In Pantry
  • Flooring: Tile,Wood
  • Fireplace features: Gas Vented,Living Room,Outside,Propane
  • Finished area below ground: 0
  • Finished area above ground: 2,590

Heating & Cooling

  • Heating features: Heat Pump,Propane
  • Cooling features: Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,590 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 970168252200000
  • Zoning: OU
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Deck,Rear Porch

Lot

  • Lot size: 1.51 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage,Garage Faces Front,Parking Space(s),Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Landslide
Strong Wind
Wildfire
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 $6,568$78,816
Home Insurance *$358$4,296
Property Taxes $746$8,952
Electricity $241$2,894
Total$7,913$94,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$271,302/yr
40% on housing$237,390/yr
45% on housing$211,013/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

$502This listing

vs Other Active Listings

Avg $/sqft

ZIP 28748$235
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28748$248
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
2026-08-01Price change$1,299,000
2026-06-18Price change$1,349,000
2026-06-04Price change$1,399,000
2026-05-13Listed for sale$1,450,000
2022-04-04Listing removed--
2021-11-12Listing removed$745,000
2021-11-12Listed for sale$745,000
2021-11-11Listing removed--
2021-03-16Listed for sale$630,000

For Sale by Agent

AgentAndrey Chistol
BrokerageEXP Realty LLC

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