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Under contract-showErrorPrice cut: $100K (7/15)
$1,549,000
5beds
4,740sqft

54 Mountain Dr, Biltmore Lake, NC 28715

5beds
4,740sqft
Single family residence
Built in 2002
0.35 Acres
3 Attached garage spaces
$327 price/sqft
$200/mo HOA

What's special

Cascading waterfallsHeated floorsLight-filled aestheticLush layered plantingsCustom millworkCoffered ceilingsIntegrated lighting

BACK ON THE MARKET, NO FAULT OF THE SELLER! Set within the highly coveted Biltmore Lake community, this exceptional home was completely renovated and reimagined in 2021–2022 by one of Asheville’s luxury home builders. Guided by a builder-owner’s discerning vision, every finish, material, and design element was meticulously curated and intentionally ...

112 days
|
769
|
27
|
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4373625MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Marie Reed Marie@MarieReedTeam.com,

Keller Williams Professionals

Source: Canopy MLS as distributed by MLS GRID,MLS#: 4373625MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 3
Primary bedroom
  • Level: Main
Bedroom s
  • Level: Main
Bedroom s
  • Level: Main
Bedroom s
  • Level: Basement
Bedroom s
  • Level: Basement
Bathroom full
  • Level: Main
Bathroom full
  • Level: Main
Bathroom full
  • Level: Basement
Other
  • Level: Main
Other
  • Level: Basement
Breakfast
  • Level: Main
Dining area
  • Level: Main
Family room
  • Level: Main
Family room
  • Level: Basement
Kitchen
  • Level: Main
Laundry
  • Level: Main
Living room
  • Level: Main
Media room
  • Level: Basement
Recreation room
  • Level: Basement
Utility room
  • Level: Basement
Heating
  • Ductless, Forced Air, Heat Pump, Natural Gas
Cooling
  • Ceiling Fan(s), Ductless, Heat Pump
Appliances
  • Included: Bar Fridge, Dishwasher, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer/Dryer, Wine Refrigerator
  • Laundry: Laundry Room, Main Level
Features
  • Breakfast Bar, Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Marble, Wood
  • Basement: Exterior Entry,Finished,Interior Entry
  • Fireplace features: Living Room, Outside
Interior area
  • Total structure area: 2,954
  • Total interior livable area: 4,740 sqft
  • Finished area above ground: 2,954
  • Finished area below ground: 1,786
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Attached Garage, Garage on Main Level
  • Attached garage spaces: 3
  • Details: 2-Car heated garage on the main level with tiled floors. 1-car heated garage in the basement. Exposed aggregate driveway.
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch, Rear Porch, Screened
  • Exterior features: Fire Pit, Outdoor Kitchen
  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: Beach - Private, Dock
  • Body of water: Biltmore Lake
Lot
  • Size: 0.35 Acres
  • Features: Corner Lot, Level, Paved, Views
Details
  • Parcel number: 961649476700000
  • Zoning: R-1
  • Special conditions: Standard
  • Other equipment: Generator
  • Horse amenities: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Arts and Crafts
  • Property subtype: Single Family Residence
Materials
  • Stucco, Stone
  • Foundation: Crawl Space
Condition
  • New construction: No
  • Year built: 2002

Utilities & green energy

  • Sewer: Public Sewer
  • Water: City

Community & HOA

Community
  • Features: Clubhouse, Lake Access, Playground, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Subdivision: Biltmore Lake
HOA
  • Has HOA: Yes
  • HOA fee: $600 quarterly
  • HOA phone: 828-670-8293
Location
  • Region: Biltmore Lake

Financial & listing details

  • Price per square foot: $327/sqft
  • Tax assessed value: $1,047,400
  • Annual tax amount: $5,775
  • Date on market: 4/24/2026
  • Cumulative days on market: 99 days
  • Listing terms: Cash,Conventional
  • Exclusions: Select Flowerpots, Draperies, and a wood picture with three stainless steel pine trees hanging on the wall at the back deck.
  • Road surface type: Other, Paved

Price history

DateEventPrice
7/15/2026Price change$1,549,000-6.1%$327/sqft
Source: Canopy MLS as distributed by MLS GRID #4373625 Report a problem
6/17/2026Price change$1,649,000-2.7%$348/sqft
Source: Canopy MLS as distributed by MLS GRID #4373625 Report a problem
6/1/2026Price change$1,695,000-3.1%$358/sqft
Source: Canopy MLS as distributed by MLS GRID #4373625 Report a problem
5/7/2026Price change$1,749,000-2.6%$369/sqft
Source: Canopy MLS as distributed by MLS GRID #4373625 Report a problem
4/24/2026Listed for sale$1,795,000+360.3%$379/sqft
Source: Canopy MLS as distributed by MLS GRID #4373625 Report a problem
11/10/2010Sold$390,000-6%$82/sqft
Source: Public Record Report a problem
4/30/2007Sold$415,000-3%$88/sqft
Source: Public Record Report a problem
2/28/2005Sold$428,000+19.2%$90/sqft
Source: Public Record Report a problem
5/12/2003Sold$359,000+734.9%$76/sqft
Source: Public Record Report a problem
11/27/2002Sold$43,000$9/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$5,775 +6.9%$847,300
2024$5,402 +3.2%$847,300
2023$5,236 +25.7%$847,300 +20.6%
2022$4,167 $702,700
2021$4,167 +15.7%$702,700 +23.7%
2020$3,602 $568,100
2019$3,602 $568,100
2018$3,602 +2.4%$568,100 +31.8%
2017$3,517 -1.6%$431,000
2016$3,573 +19.5%$431,000
2015$2,991 $431,000
2014$2,991 $431,000
2013-- $431,000 -2.3%
2012-- $441,300
2011-- $441,300 +0.3%
2010-- $439,900
2009-- $439,900

Find assessor info on the county website

Monthly payment

Est. payment
$8,635/mo
Principal & interest
$7751
Property taxes
$684
HOA Fees
$200
More affordability toolsChevron Right

Estimated market value

$1,484,300

$1.41M - $1.56M

$4,574/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 28715

Nearby schools

Hominy Valley Elementary
Grades K-4 • 0.8 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
4/10
Enka Middle
Grades 7-8 • 1.4 miles
6/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
7/10
Enka High
Grades 9-12 • 1 miles
5/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
6/10
Student Progress Rating
5/10

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