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40 Evelake Dr, Asheville, NC, 28806

2beds
2baths
978sqft
$364,900
$373price/sqft
$2,444/moest. monthly cost
$97,760/yrincome needed

About This Home

Welcome to this beautifully completely remodeled home nestled in a quiet, established community just 10 minutes from downtown Asheville offering the perfect blend of peaceful living and vibrant city access. Every detail has been thoughtfully updated, giving you the confidence and comfort of a truly move-in-ready home. Major improvements include a full interior renovation completed with permits on file for electrical, plumbing, and all major systems, providing valuable peace of mind for years to come. Step inside to discover brand-new Waterproof laminate flooring throughout, creating a seamless, modern look that’s both stylish and durable. The updated kitchen shines with all-new stainless steel appliances, sleek finishes to include Acacia Wood Butcher Block countertops and a fresh contemporary feel that makes everyday living and entertaining effortless. Comfort is top of mind with the addition of new mini-split systems installed throughout the home, providing efficient heating and air conditioning with flexible, room-by-room climate control, perfect as a primary comfort source or dependable backup system year-round. Whether you're a first-time homebuyer, looking to downsize, or searching for a low-maintenance property close to everything Asheville has to offer, this home checks every box. Enjoy the tranquility of a quiet neighborhood while staying just minutes from shopping, dining, and the vibrant culture of downtown. Move-in ready, thoughtfully upgraded, and ideally located this is a rare opportunity you won’t want to miss. Schedule your showing today! Property is still going through city revalue, Buyers Agent to confirm new tax value.

Getting Around

15
WalkingCar-Dependent
29
TransitSome Transit
24
BikeSomewhat Bikeable

Schools

6/10
Emma ElementaryGrades K-41.1 mi
6/10
3/10
Clyde A Erwin HighGrades PK,9-121.6 mi

Construction

Condition

  • Year built: 1972

Materials

  • Construction materials: Brick Partial,Hardboard Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Exhaust Hood,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Kitchen,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Dirt Floor,Exterior Entry,Full,Storage Space

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

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

Dining Area

  • Level: Main

Features

  • Open Floorplan
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 978

Heating & Cooling

  • Heating features: Ductless,Floor Furnace,Forced Air,Natural Gas
  • Cooling features: Ductless

Interior Area

  • Total structure area: 978
  • Total interior livable area: 978 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 962962407800000
  • Zoning: RS8
  • Special condition: Standard
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Waterfront features: None

Lot

  • Lot size: 0.25 Acres
  • Features: Cul-De-Sac,Level

Parking

  • Parking features: Driveway
  • 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
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Inland Flooding
Ice Storm
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 $1,845$22,140
Home Insurance *$101$1,212
Property Taxes $298$3,576
Electricity $200$2,405
Total$2,444$29,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,794/yr
40% on housing$73,320/yr
45% on housing$65,173/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

$373This listing

vs Other Active Listings

Avg $/sqft

ZIP 28806$221
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28806$295
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
2026-05-06Price change$364,900
2026-03-30Price change$374,900
2026-03-06Listed for sale$388,000
2025-06-05Sold$220,000
2025-05-29Listed for sale$199,999
2025-05-24Pending sale$199,999
2025-05-20Listed for sale$199,999
2014-07-22Listing removed$900
2014-07-09Listed for rent$900

For Sale by Agent

AgentMonica Cook
BrokerageENRG Global Realty LLC

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