Listing office: Looking Glass Realty AVL LLC
$975,000 List price
723 Merrills Cove Rd Asheville, NC 28803
4 beds
2 full, 1 partial
2,807 sqft
$347 / sqft
House
Property details
About 723 Merrills Cove Rd
Tucked away on a spacious, wooded lot just 15 minutes from downtown Asheville, this beautifully maintained, original-owner home offers peace, privacy, and plenty of space. The main floor features a formal living room and an expansive den with vaulted ceilings, built-in bookcases, and a cozy fireplace. A dedicated dining room complements the well-appointed eat-in kitchen, with a large island, tile backsplash, solid wood cabinetry, and double sinks. The main-level primary suite offers a walk-in closet and spa-like bath with dual vanity, soaking tub, and tile shower. Upstairs, you'll find a versatile loft plus three additional bedrooms and a full bath. Enjoy walk-in attic access, mud/laundry room with utility sink, and unfinished basement for ample storage. See 4246569 for listing including adjacent 4.73-acre wooded parcel featuring a homesite near the top with mountain views — perfect for building your dream home or holding as a future investment.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size2,807 sqft
BasementYes
Year built1993
ParkingDriveway, Attached Garage
MLS #4249299
Attached garageYes
FireplaceDen, Gas Log, Propane
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
- Basement: Yes
- Flooring Type: Carpet, Tile, Wood
- Interior: Attic Walk In, Breakfast Bar, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Fireplace: Den, Gas Log, Propane
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Driveway, Attached Garage
- Architectural Style: Traditional
- Heating: Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $975,000
- Price/SqFt: $347
- HOA Amount: $135 Annually
- Annual Tax Amount: $3,707
- Tax Year: 2024
- Directions: From Asheville, head east on I-240 then take exit 53 for US-74A toward Blue Ridge Parkway/Fairview. Turn right onto US-74A East (also known as Charlotte Highway) and continue for about 3 miles. Then, turn right onto Rose Hill Road and follow it until it becomes Merrills Cove Road. Continue on Merrills Cove Road for approximately 2 miles, then turn left onto Merrills Ridge Rd. 723 Merrills Cove Road will be the first driveway on the left.
- Year Built: 1993
- Living Area: 2,807 SqFt
- MLS Number: 4249299
- Office Name: Keller Williams Professionals
- Office Email: mark@fireflyrealty.com
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $588,500 | $3,707 |
| 2023 | $588,500 | $3,592 |
| 2022 | $588,500 | $3,533 |
| 2021 | $639,300 | $3,838 |
| 2020 | $609,800 | $3,975 |
| 2019 | $609,800 | $3,975 |
| 2017 | $609,800 | $3,975 |
History based on county public records data.
Nearby schools
9
Fairview Elementary School
Public District KG-5
3.3 mi
•1355 Charlotte Hwy
5
Glen Arden Elementary School
Public District PK-4
3.8 mi
•50 Pinehurst Cir
2
Oakley Elementary School
Public District PK-5
4.0 mi
•753 Fairview Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,933. The majority of Asheville, NC residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
54%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
8%
Single, with Kids
43%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Asheville, NC
Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.
The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.
Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.
Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.
About 723 Merrills Cove Rd
The listing price of 723 Merrills Cove Rd property is $975,000.
The property 723 Merrills Cove Rd is a house located in Asheville, North Carolina, 28803.
Active Listing: 723 Merrills Cove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 723 Merrills Cove Rd are: Fairview Elementary School (GreatSchools Rating 9/10), Glen Arden Elementary School (GreatSchools Rating 5/10), Oakley Elementary School (GreatSchools Rating 2/10), A.C. Reynolds Middle School (GreatSchools Rating 7/10), Cane Creek Middle School (GreatSchools Rating 7/10), Valley Springs Middle School (GreatSchools Rating 7/10), A.C. Reynolds High School (GreatSchools Rating 7/10), T.C. Roberson High School (GreatSchools Rating 7/10), School of Inquiry and Life Sciences (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $3,707 (source: MLS/based on county public records data).
The property at 723 Merrills Cove Rd has 4 bedrooms and 2 full and 1 half bathrooms.
The property 723 Merrills Cove Rd is 2,807 SqFt (source: MLS/tax record).
The year of construction for 723 Merrills Cove Rd is 1993.
This home is located at 723 Merrills Cove Rd in Asheville, NC and zip code 28803. This 2,807 square foot home was built in 1993. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $975,000.
Over 23 listings were sold over their listed price in June 2025 in Asheville, NC. In the same period over 94 listings were sold below the listed price and 29 listings were sold for the listed price. In June 2025 in Asheville, NC there were 8.2% more homes for sale than in May. In June 2025 median list price was $507,511 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.