For sale

$950,000

40 Gibson Cove Dr, Ashville, AL 35953

3beds

2,700sqft

$5,518/mo

Get pre-qualified

Single Family Residence

Built in 2020

3 Acres Lot

$903,900 Zestimate^®

$352/sqft

$-- HOA

What's special

Quality custom finishesWarm inviting layout

Welcome to lakefront living at its finest on beautiful Neely Henry Lake! This custom-built 3 bedroom, 2.5 bath home sits on approximately 3 acres and offers the perfect blend of comfort, craftsmanship, and waterfront lifestyle. Inside, you’ll find stunning live edge cypress countertops, quality custom finishes, and a warm, inviting layout designed for everyday living or weekend retreat. Step outside and enjoy the wrap-around porch overlooking the lake, a 30x40 three-bay shop for all your storage or hobby needs, and a two-slip boathouse complete with electric boat lifts—making days on the water easier than ever. If you’ve been looking for a one of a kind lakefront property, the search is over

59 days

475

32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Master Bedroom, Living Room, Bedroom 2, Bedroom 3, Kitchen

Primary bedroom

Features: 10’ + Ceiling, Ceiling Fan(s), Recessed Lighting, Wood Floor, Walk-In Closet(s)
Level: First

Bedroom 2

Level: Second
Area: 220
Dimensions: 20 x 11

Bedroom 3

Level: Second
Area: 176
Dimensions: 16 x 11

Kitchen

Features: 10’ + Ceiling, Kitchen Island, Pantry, Recessed Lighting, Wood Floor

Living room

Features: Ceiling Fan(s), Recessed Lighting, Wood Floor
Area: 414
Dimensions: 18 x 23

Heating

Central 2

Cooling

Central 2

Features

Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 2,700 sqft

Property

Parking

Parking features: Garage-Three Car, Garage-Detached, Driveway-Gravel

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Boat Lift, Waterfront, Boat Ramp on Prop.
Body of water: Neely Henry Lake

Lot

Size: 3 Acres

Details

Additional structures: Boat House
Parcel number: 1006130000005.005

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 2020

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Metes And Bounds

HOA

Has HOA: No

Location

Region: Ashville

Financial & listing details

Price per square foot: $352/sqft
Tax assessed value: $496,470
Annual tax amount: $1,492
Date on market: 6/25/2026

Estimated market value

$903,900

$859,000 - $949,000

$4,074/mo

Price history

Date	Event	Price
6/25/2026	Listed for sale	$950,000+578.6%$352/sqft
Source: ValleyMLS #21921818 Report a problem
9/10/2018	Sold	$140,000$52/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,492 -51.6%	$49,680 -50%
2024	$3,081 -0.1%	$99,380 -0.1%
2023	$3,083 +27.4%	$99,460 +27.4%
2022	$2,420 +57%	$78,060 +63.6%
2021	$1,541 -29%	$47,720 -31.8%
2020	$2,170	$70,000
2019	$2,170	$70,000