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631 Elk Mountain Scenic Hwy, Asheville, NC, 28804

3beds
4baths
4,628sqft
$3,195,000
$690price/sqft
$19,903/moest. monthly cost
$796,120/yrincome needed

About This Home

Elk View is a community of 25 environmentally conscious mountain homes with long range views. An undercurrent of creativity is an ingrained part of the fabric of Asheville. Every house is designed with a goal of netzero-carbon emissions, and constructed with local, pre-fabricated and low-embodied carbon materials. The homes are guided by Passive House design principles, like airtight insulation, to increase indoor air quality and decrease energy bills. Each will feature all-electric building operations, and will be built from local resources with local craft. From a design standpoint, each home is a singular work of architecture with a special identity that responds to the specific contours of its surrounding landscape. The interiors are designed with crisp, muted tones to balance with the striking nature just outside. Homes are complete with handmade finishes, locally sourced white oak floors, and multi-use spaces to create an escape within an already meditative landscape. This home is engineered for exceptional health and energy efficiency, featuring continuous 24/7 filtered fresh air, MERV-13 and photocatalytic purification, and an Energy Recovery Ventilation system for outstanding indoor air quality. The high-performance thermal envelope and ultra-efficient HVAC system come with a lifetime, transferable energy-use guarantee, and a proven reduction in long-term utility costs.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

4/10
Ira B Jones ElementaryGrades PK-52.3 mi
7/10
Asheville MiddleGrades 6-85.3 mi
5/10
Asheville HighGrades PK,9-126.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Metal
  • Construction materials: Other

Other

  • Builder name: Red Tree Builders

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Electric Cooktop,Refrigerator
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s),Walk-In Pantry,Wet Bar
  • Flooring: Wood
  • Fireplace features: Living Room
  • Finished area below ground: 2,153
  • Finished area above ground: 2,475

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,475
  • Total interior livable area: 4,628 sqft

Laundry

  • Level: Main

Office

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: See Remarks

Details

  • Parcel number: 975113724400000
  • Zoning: BDM
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round

Lot

  • Lot size: 4.89 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Landslide
Lightning
Strong Wind

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 $16,155$193,860
Home Insurance *$934$11,208
Property Taxes $2,383$28,596
Electricity $431$5,172
Total$19,903$238,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$682,388/yr
40% on housing$597,090/yr
45% on housing$530,746/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

$690This listing

vs Other Active Listings

Avg $/sqft

ZIP 28804$387
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28804$307
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
2026-04-17Listed for sale$3,195,000
2025-12-02Listing removed$3,195,000
2025-06-27Price change$3,195,000
2024-06-07Listed for sale$3,295,000

New Construction

AgentJosh Smith
BrokerageWalnut Cove Realty/Allen Tate/Beverly-Hanks

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