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22 Rosebay Ln, Asheville, NC, 28803

6beds
5baths
3,640sqft
$1,699,000
$467price/sqft
$10,978/moest. monthly cost
$439,120/yrincome needed

About This Home

In the heart of Biltmore Park, this exceptional residence is a masterful expression of comfort, craftsmanship and mountain elegance. From the gracious, wraparound front porch, long-range views of the Blue Ridge unfold in ever-changing hues, mist-softened mornings, golden afternoons and twilight skies that linger over the peaks of Asheville. Inside, Brazilian cherrywood floors glow with natural warmth, guiding you through a thoughtfully curated open-concept design. At its heart, a commanding stone fireplace rises as architectural centerpiece and gathering place, anchoring spaces designed for connection and quiet reflection alike. The gourmet kitchen is a study in beauty and performance, equally suited to elegant entertaining and intimate dinners, flowing seamlessly into a glass-enclosed porch adorned with hardwood ceilings, exposed timber beams and its fireplace. This luminous retreat offers year-round enjoyment, blurring the line between indoors and out. Beyond, an elevated outdoor living experience awaits. An alfresco kitchen invites open-air dining, while cascading stonework and tranquil waterfall features create a serene backdrop. Evenings are best spent beside the firepit, where conversation lingers beneath a canopy of stars and cool mountain air. Upstairs, the primary suite offers a private sanctuary, complete with a balcony overlooking the rolling landscape, a place for morning coffee or peaceful sunset reflection. The lower level is devoted to leisure and indulgence, featuring a state-of-the-art home theater, sophisticated wet bar, fitness studio and expansive recreation room. A rare and distinguished offering in one of Asheville’s sought-after communities, this home embodies the art of mountain living at its finest.

Getting Around

34
WalkingCar-Dependent
18
TransitMinimal Transit
14
BikeSomewhat Bikeable

Schools

9/10
Valley Springs MiddleGrades 5-80.9 mi
7/10
T C Roberson HighGrades PK,9-121.2 mi
4/10

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Composition
  • Construction materials: Hardboard Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Double Oven,Gas Cooktop,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Laundry Room,Upper Level

Bar Entertainment

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Storage Space

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Breakfast

  • Level: Main

Dining Room

  • Level: Main

Features

  • Kitchen Island,Storage,Walk-In Closet(s),Wet Bar
  • Door features: Sliding Doors
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas,Gas Starter,Living Room,Porch,Primary Bedroom,Wood Burning
  • Finished area below ground: 0
  • Finished area above ground: 3,640

Heating & Cooling

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

Interior Area

  • Total structure area: 3,640
  • Total interior livable area: 3,640 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Media Room

  • Level: Basement

Office

  • Level: Main

Primary Bedroom

  • Level: Upper

Recreation Room

  • Level: Basement

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: 964512873500000
  • Zoning: RS8
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Enclosed,Front Porch,Glass Enclosed
  • Exterior features: Fire Pit,Outdoor Kitchen
  • Has view: Yes
  • View description: Long Range,Mountain(s)

Lot

  • Lot size: 0.64 Acres
  • Features: Cul-De-Sac,Wooded,Views

Parking

  • Total spaces: 2
  • Parking features: Detached 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 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 $8,591$103,092
Home Insurance *$658$7,896
Property Taxes $1,390$16,680
Electricity $339$4,068
Total$10,978$131,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$376,388/yr
40% on housing$329,340/yr
45% on housing$292,746/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

$467This listing

vs Other Active Listings

Avg $/sqft

ZIP 28803$342
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
2026-02-23Listed for sale$1,950,000
2025-08-13Listing removed$2,275,000
2025-06-06Listed for sale$2,275,000
2013-10-24Sold$577,500
2013-09-04Price change$599,900
2013-03-30Price change$619,000
2013-03-09Listed for sale$629,000
2012-11-01Listing removed$649,000
2011-11-16Price change$649,000
2011-11-01Price change$659,000
2011-08-25Price change$675,000
2011-04-23Listed for sale$695,000
2011-01-02Listing removed$719,500
2010-10-10Price change$719,500
2010-07-14Listed for sale$745,900
2001-10-31Sold$521,000
2000-09-07Sold$125,000
1999-12-23Sold$125,000

For Sale by Agent

AgentMarilyn Wright
BrokeragePremier Sotheby’s International Realty

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