Set in gated Monarch Estates in Fairview’s scenic Cane Creek Valley, 98 Sovereign Lane offers spacious living, seasonal mountain views, and flexible space just minutes from Asheville. This 4-bedroom, 2.5-bath home features approximately 3,418 square feet of finished living space, a main-level primary bedroom, a full daylight walkout basement, and a two-car garage.
The entry opens across beautifully restored black walnut floors to a dramatic two-story living room filled with natural light. Tall windows frame the surrounding landscape, while a propane fireplace creates a warm focal point for everyday living and entertaining. The oversized kitchen is designed for both function and gathering, with granite countertops, stainless steel appliances, an induction cooktop, double ovens, generous cabinetry, and abundant workspace. Adjoining breakfast and dining areas provide comfortable options for casual meals or hosting guests.
The main-level primary bedroom supports convenient one-level living, with a full bath and laundry also located on the first floor. Upstairs, three additional bedrooms and a full bath offer space for family, guests, home offices, or hobbies.
The full daylight walkout basement is already framed and offers excellent potential for a home gym, workshop, media room, studio, recreation area, or future finished space, subject to permitting. Fresh interior and exterior paint, new carpet, restored flooring, and an approximately 0.77-acre homesite add to the appeal. Monarch Estates offers gated entry, underground utilities, a picnic area, and a playground. For buyers searching for a Fairview home with mountain views, a main-level primary suite, basement potential, and convenient access to Asheville, this residence presents a compelling opportunity.
Closed
Zillow last checked:
Listing updated:
Bought with:
Jayme Maier
Realty ONE Group Pivot Asheville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4326130
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Sold | $769,000-3.8%$225/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4326130 Report a problem | ||
| 7/17/2026 | Price change | $799,000-8.7%$234/sqft |
Source: Canopy MLS as distributed by MLS GRID #4326130 Report a problem | ||
| 5/18/2026 | Price change | $875,000-2.2%$256/sqft |
Source: Canopy MLS as distributed by MLS GRID #4326130 Report a problem | ||
| 4/13/2026 | Price change | $895,000-5.8%$262/sqft |
Source: Canopy MLS as distributed by MLS GRID #4326130 Report a problem | ||
| 12/1/2025 | Listed for sale | $950,000+7.3%$278/sqft |
Source: Canopy MLS as distributed by MLS GRID #4326130 Report a problem | ||
| 1/12/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4042263 Report a problem | ||
| 9/20/2023 | Price change | $885,000-2.7%$259/sqft |
Source: Canopy MLS as distributed by MLS GRID #4042263 Report a problem | ||
| 8/9/2023 | Price change | $910,000-3.2%$266/sqft |
Source: Canopy MLS as distributed by MLS GRID #4042263 Report a problem | ||
| 7/26/2023 | Price change | $940,000-2.1%$275/sqft |
Source: Canopy MLS as distributed by MLS GRID #4042263 Report a problem | ||
| 6/22/2023 | Listed for sale | $960,000+19100%$281/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4042263 Report a problem | ||
| 5/28/2010 | Sold | $5,000-97.9%$1/sqft |
Source: Public Record Report a problem | ||
| 11/19/2009 | Sold | $235,000-15.8%$69/sqft |
Source: Public Record Report a problem | ||
| 8/2/2009 | Listed for sale | $279,000+7.5%$82/sqft |
Source: Choice Mountain Properties Real Estate Group, LLC #446525 Report a problem | ||
| 6/1/2009 | Sold | $259,600$76/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$767,000
