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Swannanoa · Swannanoa, NC

51 Summit Road

Swannanoa, NC · 3,492 sqft

$1,895,000

Reduced from $2,200,000

  • 5Beds
  • 4.5Baths
  • 3,492SqFt
  • 2021Year
  • 141Days on market

About this home

Timeless mountain architecture meets exceptional craftsmanship in this one-of-a-kind retreat, where every detail has been thoughtfully designed for elegant living and effortless entertaining. Soaring ceilings, 10-foot doors, shiplap accents, expansive windows, and seamless indoor-outdoor spaces create a warm, inviting atmosphere. Gather around the wood-burning fireplace on the screened porch or enjoy custom finishes throughout, including hickory porch ceilings milled from the property, locust decking, a black walnut kitchen island, reclaimed Lucky Strike Factory stair treads, and solid oak tongue-and-groove flooring.

The main residence offers 3 bedrooms and 2.5 baths, complemented by a beautifully finished 1-bedroom, 1-bath apartment and a private exercise studio, providing remarkable flexibility for guests, multigenerational living, or extended stays. A studio apartment and large workroom/office and workshop finish off the detached garage.

For those seeking additional opportunity, this property also offers outstanding investment potential. The three existing living spaces create multiple rental possibilities, while the acreage provides room for future expansion, including the potential for an additional cabin or conversion of the detached garage into another studio or income-producing space (buyer to verify).

Whether you're searching for a luxury mountain home, a private family compound, or a property with exceptional income potential, this is a rare opportunity just minutes from both Asheville and Black Mountain.

Property details

Beds
5
Baths
4.5
SqFt
3,492
Lot
Year built
2021
Type
Single Family
Days on market
141
Garage
2
Style
Other
Heating
Heat Pump, Propane
Cooling
Ceiling Fan(s), Central Air
Foundation
Basement
Flooring
Tile, Wood
View
Long Range, Mountain(s), Winter, Year Round

Features

  • Kitchen Island
  • Open Floorplan
  • Storage
  • Walk-In Closet(s)
  • Fire Pit

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$13,710/ month

Principal & interest
$11,736
Property tax (~0.90%)
$1,421
Homeowners insurance
$552
HOA dues

Down payment

$94,750 down · $1,800,250 financed

Income to qualify (28% rule)

~$587,581 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.