128 Churchill Downs Drive
Fairview, NC, 28730 $ 1,140,000
Bedrooms3 Baths3.1 Sq 4,315 Monthly Estimate*
$ 7,874
for $1,140,000 with 3 bedrooms and 3 full baths, 1 half bath. This 4,315 square foot home was built in 2006 on a lot size of 0.94.
A luxury mountain retreat with a main residence and fully independent lower level suite, 15 minutes from downtown Asheville and Biltmore Estate. Three bedrooms, a four-season sunroom, wraparound decks, a private hot tub, and a self-contained guest suite with over $61,000 in documented Airbnb income. Currently an Airbnb super-host and no HOA restrictions against short or long term rentals. Turnkey and move-in ready. Thoughtfully designed for both everyday comfort and effortless entertaining, the home features a main-level primary suite, a bright four-season sunroom, and expansive living spaces filled with natural light. Offering remarkable flexibility, the two bedroom upper level includes a spacious bonus area ideal for a home office, music room, art studio, or media lounge. The lower level features two additional bonus rooms perfect for guest accommodations, a fitness space, hobby rooms, or additional storage. Also on the lower level is a wired media and family room, along with private guest quarters and a separate entrance—ideal for visitors, multigenerational living, or continued Airbnb income potential. Outdoor living is equally impressive, showcasing a spectacular two-level wraparound deck, beautifully tiered gardens, a fire pit, and a private hot tub retreat perfectly positioned to enjoy the peaceful surroundings and mountain air. Additional highlights include a spacious triple garage and abundant storage throughout. Residents of Fairview Downs enjoy access to community amenities including a walking path, a creekside park, picnic pavilion, playground, and serene green spaces. Conveniently located just minutes from shopping, dining, the Biltmore Estate, and downtown Asheville, this rare turnkey property offers an exceptional blend of luxury, privacy, and convenience in one of Western North Carolina’s most desirable communities.
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FeaturesGeneralLiving Area 4315
Sewer Septic Installed
Heating Forced Air Heat Pump Propane
Cooling Central Air
Utilities Electricity Connected Propane
Roof Asbestos Shingle
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Microwave Refrigerator
Zoning OU
HOA Fee 120
Garage Spaces 3
Patio/Porch Features Deck Front Porch Patio
Security Features Radon Mitigation System
Construction Materials Fiber Cement
Year Built 2006
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 9686082545
Assoc Fee Paid Per Quarterly
County Buncombe
New Construction N
Property Type Residential
HOA Y
Subdivision Name Fairview Downs
Garage Y/N Y
Full Baths 3
Directions From Asheville take 74 towards Fairview. Left into Fairview Downs. Through gate past park to home on left.
High School AC Reynolds
City Fairview
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Fairview
Middle/Junior High School Cane Creek
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=qk2hETV1pep&mls=1 https://my.matterport.com/show/?m=qk2hETV1pep&mls=1
Standard Status Active
Construction Type Site Built
Restrictions Deed
Tax Assessed Value 1019100
Listing Terms Cash Conventional
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InteriorBasement Bath/Stubbed Daylight Finished Interior Entry Storage Space Walk-Out Access Walk-Up Access
Flooring Carpet Tile Wood
Fireplace Features Family Room Gas Gas Log Living Room Propane
Basement (Y/N) Y
Window Features Insulated Window(s) Skylight(s)
Fireplace Y/N Y
Above Grade Finished Area 2779
Half Baths 1
Laundry Features Inside Main Level
Total Bedrooms 3
Below Grade Finished Area 1536
Total Baths 4
SqFt Main 1775
SqFt Lower 0
SqFt Upper 1004
Bedroom 1
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ExteriorExterior Amenities Hot Tub
Parking Features Attached Garage
Lot Features Private Wooded
Water Source City
Lot Size Area 0.94
Foundation Details Basement
Road Surface Type Asphalt Paved
Other Equipment Surround Sound
Road Responsibility Private Maintained Road
Main Level Garage YN Y
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* Excluded FeaturesList ByNest Realty AshevilleBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,874
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Fairview, NC
Average List Price $860,813
Percent of Sale Price 24%
About Fairview, NC 2,658 Population
31% Since 2002
$ 56,968 Median Income
44.88 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2047839 Elementary School
2047838 Middle School
AC Reynolds High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $1,099,000 | | Listed Price |