Looking to build your dream mountain retreat? Look no further than this build-ready lot in Monarch Estates near Asheville, NC. The lot offers lovely mountain views and the security of a gated community. The property has been cleared, has a 4-bedroom septic system in place, and a permit for a well. Monarch Estates is located in the Cane Creek Valley off Brush Creek Rd in Fairview where you'll pass pristine horse farms in the pastoral setting before arriving at the beautifully landscaped Monarch Estates gated-entry. Once past the entry gate, you'll notice the welcoming gazebo and playground area. High-end homes in the neighborhood feature varying architectural styles and larger lots. The location is perfect for year-round or seasonal-living with grocery stores, breweries, and hiking trails nearby or you can make the easy drive to downtown Asheville for a plethora of shopping, dining, and entertainment options.
Active
$149,900
117 Sovereign Ln, Fairview, NC 28730
--beds
--baths
1.06Acres
Unimproved Land
Built in ----
1.06 Acres Lot
$-- Zestimate®
$--/sqft
$67/mo HOA
What's special
Lovely mountain viewsLarger lotsBuild-ready lot
- 25 days
- 157
- 11
Zillow last checked:
Listing updated:
Listed by:
Laura Hutchinson laura@weichertunlimited.com,
WEICHERT, Realtors - Unlimited,
Bruce Hutchinson,
WEICHERT, Realtors - Unlimited
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4422056
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.06 Acres
- Features: Cleared, Sloped, Views
Details
- Parcel number: 968466852
- Zoning: RES
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Installed
- Water: Well Needed
Community & HOA
Community
- Subdivision: Monarch Estates
HOA
- Has HOA: Yes
- HOA fee: $800 annually
- HOA name: Pete Musser
Location
- Region: Fairview
- Elevation: 2000 Feet
Financial & listing details
- Tax assessed value: $59,700
- Annual tax amount: $422
- Date on market: 9/7/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Listed for sale | $149,900+328.3% |
Source:  Canopy MLS as distributed by MLS GRID #4422056 Report a problem | ||
| 1/21/2026 | Sold | $35,000-12.5% |
Source: Canopy MLS as distributed by MLS GRID #4269331 Report a problem | ||
| 6/25/2025 | Listed for sale | $40,000 |
Source: Canopy MLS as distributed by MLS GRID #4269331 Report a problem | ||
| 3/14/2025 | Listing removed | $40,000 |
Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem | ||
| 7/18/2024 | Listed for sale | $40,000-11.1% |
Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem | ||
| 10/30/2023 | Price change | $45,000-10% |
Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem | ||
| 9/12/2023 | Listed for sale | $50,000+400% |
Source: Canopy MLS as distributed by MLS GRID #4068879 Report a problem | ||
| 7/8/2019 | Sold | $10,000-63.6% |
Source: Public Record Report a problem | ||
| 3/30/2019 | Listing removed | $27,500 |
Source: Ellington Realty Group #3382960 Report a problem | ||
| 3/21/2019 | Listed for sale | $27,500-38.9% |
Source: Ellington Realty Group #3382960 Report a problem | ||
| 2/2/2018 | Sold | $45,000-65.4% |
Source: Public Record Report a problem | ||
| 8/13/2007 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $422 +4.3% | $59,700 |
| 2024 | $405 +5.4% | $59,700 |
| 2023 | $384 +1.6% | $59,700 |
| 2022 | $378 | $59,700 |
| 2021 | $378 +25.2% | $59,700 +33.3% |
| 2020 | $302 | $44,800 |
| 2019 | $302 | $44,800 |
| 2018 | $302 +22.4% | $44,800 +28.7% |
| 2017 | $247 -14.5% | $34,800 |
| 2016 | $289 +16.9% | $34,800 |
| 2015 | $247 | $34,800 |
| 2014 | $247 | $34,800 |
| 2013 | -- | $34,800 -58.9% |
| 2012 | -- | $84,600 |
| 2011 | -- | $84,600 |
| 2010 | -- | $84,600 |
| 2009 | -- | $84,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 28730
Nearby schools
Schools provided by the listing agent
- Elementary: Fairview
- Middle: Cane Creek
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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