40 Rangeley Dr, Asheville, NC, 28803
About This Home
Welcome to this beautifully Biltmore Forest area gem, in one of Asheville’s most desirable locations. This home features an advanced geothermal climate system. It uses the earth as a battery. A a few feet underground, the temperature is always a steady 50–60°F, regardless of the season. The system simply transfers that heat into the house in winter and out of the house in summer. It’s not 'burning' anything. Unlike a furnace that burns gas or oil, a geothermal system just moves heat around using electricity, which makes it incredibly efficient. It’s incredibly quiet. There are no noisy outdoor condenser units (the "AC compressor") humming in the yard. Reliability. Because the main mechanical parts are located inside the home and the loop system is buried deep underground, they are protected from the elements and last much longer than traditional HVAC equipment. The residence maintains a perfectly consistent climate year-round while significantly reducing utility overhead and environmental impact. Combining modern updates, flexible living space, and a serene setting, this move-in-ready home offers the best of both convenience, and at a private cul-de-sac in the neighborhood just minutes from all that Asheville has to offer. This Well maintained home offers a warm, inviting feel from the moment you walk in.There are two skylights with solar tubes installed by the seller. Hardwoods run throughout the each room, adding both character and elegance to the living spaces. Filled with natural light, the open-concept floor plan creates an inviting atmosphere ideal for both everyday living and entertaining. The stunning kitchen serves as the centerpiece of the home, the island is made of a single piece of marble, featuring stylish finishes and seamless flow into the main living areas. Relax on the screened rear porch or enjoy the covered front porch, both ideal for taking in the peaceful surroundings. A rare opportunity to own a home that combines charm functionality, efficiency and location all in one package.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Foundation: Crawl Space
- Construction materials: Fiber Cement
Type & Style
- Home type: SingleFamily
- Architectural style: Farmhouse,Modern
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Oven,ENERGY STAR Qualified Dishwasher,Microwave,Refrigerator with Ice Maker
- Laundry features: Electric Dryer Hookup,Mud Room,Main Level,Sink,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Features
- Kitchen Island,Open Floorplan,Walk-In Closet(s)
- Door features: Insulated Door(s)
- Window features: Insulated Windows,Skylight(s)
- Flooring: Tile,Wood
- Finished area below ground: 0
- Finished area above ground: 1,347
Heating & Cooling
- Heating features: Central,Electric,ENERGY STAR Qualified Equipment,Fresh Air Ventilation,Geothermal,Humidity Control
- Cooling features: Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Geothermal,Humidity Control
Interior Area
- Total structure area: 1,347
- Total interior livable area: 1,347 sqft
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 965649529000000
- Zoning: RS4
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch,Rear Porch,Screened
Lot
- Lot size: 0.24 Acres
Parking
- Total spaces: 2
- Parking features: Driveway,Attached Garage,Garage Door Opener,Garage Faces Front,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 1
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
- Lightning
- Ice Storm
- Strong Wind
- 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 | $2,528 | $30,336 |
| Home Insurance * | $193 | $2,316 |
| Property Taxes | $817 | $9,804 |
| Electricity | $200 | $2,405 |
| Total | $3,738 | $44,856 |
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 |
|---|---|---|
| 2026-07-03 | Listed for sale | $500,000 |
| 2025-07-01 | Listing removed | $2,400 |
| 2025-06-18 | Listed for rent | $2,400 |
| 2025-06-13 | Listing removed | $575,000 |
| 2025-04-16 | Price change | $575,000 |
| 2025-04-04 | Price change | $599,000 |
| 2025-02-28 | Price change | $615,000 |
| 2025-02-15 | Listed for sale | $625,000 |
| 2024-09-22 | Listing removed | $625,000 |
| 2024-09-19 | Listed for sale | $625,000 |
| 2022-11-29 | Sold | $420,000 |
For Sale by Agent
View on Zillow