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  • Price cut: $50K (8/14)
    $1,199,999

    40 Malvern Walk, Asheville, NC 28806

    5beds
    3,412sqft
    : 
    $6,701/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.38 Acres Lot
    $1,169,700 Zestimate®
    $352/sqft
    $42/mo HOA

    What's special

    Natural lightWalk-out lower levelOwn entranceBeautifully designed stone patioDramatic loftExceptional privacyChef-inspired kitchen
    Rare luxury opportunity at a compelling new price, offering exceptional value and equity potential. Experience the perfect balance of modern scandinavian luxury, sustainable design, and exceptional craftsmanship in this stunning GreenBuilt Silver Certified residence, built in 2020 in the sought-after Malvern Walk community. Designed for energy efficiency and everyday comfort, this Net Zero Ready home boasts an impressive HERS Index of 54, advanced framing that minimizes thermal bridging, solar rough-ins by Sugar Hollow Solar, and durable waterproof flooring throughout every level. Inside, soaring 22-foot ceilings and dramatic walls of oversized Pella windows flood the home with natural light while showcasing the surrounding forested landscape. The open-concept main level is designed for effortless living and entertaining, featuring a chef-inspired kitchen with elegant ivory quartz countertops, custom maple cabinetry, locally crafted white cedar island posts, and seamless access to a screened covered deck. The luxurious primary suite offers two walk-in closets and a spa-inspired retreat. The upper level overlooks the spectacular great room and includes a dramatic loft plus two spacious bedrooms. The walk-out lower level offers a second living area that opens to its own covered deck, creating flexible space for recreation, entertaining, or relaxing. Above the detached garage, discover a private guest suite complete with its own entrance, full bath, and kitchenette—ideal for guests, multigenerational living, a home office, or potential income-producing opportunities. Step outside to enjoy multiple outdoor living spaces, including two covered decks and a beautifully designed stone patio surrounded by native landscaping and mature trees, offering exceptional privacy and a peaceful natural setting. Premium finishes include a standing-seam metal roof, custom walnut vanities, and a five-stage reverse osmosis water filtration system. Perfectly located just moments from Malvern Hills Park, Hominy Creek Greenway, vibrant Haywood Road, the River Arts District, and Downtown Asheville, this one-of-a-kind contemporary home combines luxury, sustainability, and an unbeatable lifestyle. Free lender-paid 1-0 rate buydown and complimentary appraisal through August 31st with preferred lender
    85 days
    |
    733
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Raygoza kraygozarealty@gmail.com,

    Epique Inc.,

    Laura Dahl,

    Epique Inc.

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4385374MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Basement
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Basement
      Bathroom full
      • Level: Main
      Other
      • Level: Third
      Other
      • Level: Third
      Dining area
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Recreation room
      • Level: Basement
      Heating
      • Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
      • Laundry: Laundry Room
      Features
      • Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Doors: Sliding Doors
      • Basement: Exterior Entry,Finished,Interior Entry,Walk-Out Access,Walk-Up Access
      Interior area
      • Total structure area: 2,265
      • Total interior livable area: 3,412 sqft
      • Finished area above ground: 2,265
      • Finished area below ground: 1,147

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Garage on Main Level
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Rear Porch, Screened
      Lot
      • Size: 0.38 Acres
      • Features: Green Area, Paved, Wooded
      Living quarters
      • Secondary features: Interior Connected,Room w/ Private Bath,Separate Entrance,Upper Level Garage
      Details
      • Parcel number: 9628606456
      • Zoning: RS4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,European,Modern
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City
      Green energy
      • Energy efficient items: Insulation
      • Construction elements: Advanced Framing, Low VOC Coatings

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights, Walking Trails
      • Subdivision: Malvern Walk
      HOA
      • Has HOA: Yes
      • HOA fee: $500 annually
      • HOA name: Malvern Walk HOA
      • HOA phone: 828-423-0064
      Location
      • Region: Asheville

      Financial & listing details

      • Price per square foot: $352/sqft
      • Tax assessed value: $1,325,800
      • Annual tax amount: $7,851
      • Date on market: 5/22/2026
      • Cumulative days on market: 85 days
      • Listing terms: Cash,Conventional,Exchange,FHA,VA Loan
      • Road surface type: Concrete, Paved

        Estimated market value

        $1,169,700

        $1.11M - $1.23M

        $4,396/mo

        Price history

        DateEventPrice
        8/14/2026Price change$1,199,999-4%$352/sqft
        Source: Canopy MLS as distributed by MLS GRID #4385374 Report a problem
        8/6/2026Price change$1,249,999-1.6%$366/sqft
        Source: Canopy MLS as distributed by MLS GRID #4385374 Report a problem
        7/11/2026Price change$1,270,000-1.9%$372/sqft
        Source: Canopy MLS as distributed by MLS GRID #4385374 Report a problem
        5/23/2026Listed for sale$1,295,000+83.6%$380/sqft
        Source: Canopy MLS as distributed by MLS GRID #4385374 Report a problem
        4/12/2019Sold$705,450$207/sqft
        Source: Canopy MLS as distributed by MLS GRID #3441502 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,851 +9.9%$714,700 +3.4%
        2024$7,142 -3.3%$691,300 -5.7%
        2023$7,386 +1%$733,300
        2022$7,312 $733,300
        2021$7,312 +200.4%$733,300 +224.8%
        2020$2,434 +133.5%$225,800 +133.5%
        2019$1,042 $96,700
        2018$1,042 $96,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28806

        Getting around

        20 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lucy S. Herring
        • Middle: Asheville
        • High: Asheville

        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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