$1,305,300
- 4 Beds
- 5.5 Baths
- 3,607 sqft (on 1.45 acres)
197 Cherry Knob Dr, Mars Hill, NC 28754
Est. Refi. Payment $7,566/mo*
Refinance Your HomeCurrently Off Market - Sold May 15, 2026 for $1,305,000 (10% below list price)
Home Value
Trulia Estimate
$1.3MSince last month
Decreased$6K (-0.5%)Since last year
Decreased$40K (-3%)Since last sale
Decreased$3K (-0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +129% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.3M |
| August 2026 | $1.31M |
| July 2026 | $1.31M |
| June 2026 | $1.31M |
| May 2026 | $1.31M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.82 | Single-Family Home | $645,000 | 02/11/26 | 3 | 3.5 | 2,651 | |
0.75 | Single-Family Home | $485,000 | 09/25/25 | 3 | 2 | 1,604 | |
1.18 | Single-Family Home | $685,000 | 02/19/26 | 3 | 3.5 | 3,028 | |
0.94 | Single-Family Home | $675,000 | 06/25/26 | 3 | 3.5 | 2,561 | |
1.13 | Single-Family Home | $600,000 | 09/04/26 | 4 | 4 | 2,592 | |
1.39 | Single-Family Home | $740,000 | 08/07/26 | 4 | 4 | 2,941 | |
1.26 | Single-Family Home | $505,000 | 09/30/25 | 3 | 2 | 1,886 | |
1.30 | Single-Family Home | $505,000 | 06/30/26 | 2 | 2 | 3,418 | |
1.01 | Single-Family Home | $358,000 | 11/24/25 | 3 | 2 | 1,446 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $2,850,000 | 4 | 4.5 | 4,984 | For Sale | |
0.11 | $38,000 | - | - | - | Recently Sold | |
0.29 | $807,400 | 3 | 3.5 | 3,538 | Off Market | |
0.31 | $140,000 | - | - | - | For Sale | |
0.31 | $150,000 | - | - | - | For Sale | |
0.31 | $150,000 | - | - | - | For Sale | |
0.31 | $140,000 | - | - | - | For Sale | |
0.31 | $140,000 | - | - | - | For Sale | |
0.31 | $150,000 | - | - | - | For Sale | |
0.39 | - | - | - | - | Off Market | |
0.42 | $75,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2006
1.45 acre lot
3,607 sqft
$362/sqft
2 Car Garage
HOA $500/mo
About this House
Welcome to 197 Cherry Knob, a mountaintop masterpiece in the prestigious, gated Wolf Laurel community, where luxury and comfort meet in a 5,300 acre natural sanctuary, surrounded by the Pisgah National Forest, SE Trust Land and the Mars Hill Watershed. This custom-designed retreat offers an open-concept layout with sweeping long-range mountain views from nearly every room. Designed for effortless everyday living, the main level features three spacious bedrooms, each with its own ensuite bath, providing privacy and refinement for residents and guests alike. The light-filled great room flows onto a full-length deck, ideal for entertaining, dining al fresco, or quiet mornings above the clouds. An elevator connects all levels, leading to a lower-level haven with stylish bar and wine cellar, a second primary suite with lavish ensuite and generous walk-in closet, plus a dedicated office with custom built-ins and full bath. Home offered turn key.
Set in Wolf Laurel, residents enjoy a true four-season lifestyle surrounded by cool high-elevation air, protected mountain vistas, and abundant recreation. Optional Village Club membership provides access to the pool, sports courts, pickleball, tennis, playground, outdoor pavilion, stocked trout pond, and event center. Optional Wolf Laurel Country Club membership adds an acclaimed 5-star golf course, 24-hour fitness center, restaurant, and bar. Enjoy 50 miles of internal hiking trails, or step onto the Appalachian Trail from multiple community access points. Be sure to take advantage of the new Hatley Ski Resort with year-round dining at Smoke & Timber and a downhill bike park slated for spring 2026. Everyday conveniences can be found close by in the nearby towns of Mars Hill (15 minutes), Weaverville (25 minutes), Burnsville (20 minutes) Asheville (45 minutes), and Johnson City, TN (45 minutes). Both with regional airports. Come see why they call us the Jewel of the Blue Ridge Mountain.
***This home is located within The Ridges HOA governance which does not allow short or long term rentals***
Set in Wolf Laurel, residents enjoy a true four-season lifestyle surrounded by cool high-elevation air, protected mountain vistas, and abundant recreation. Optional Village Club membership provides access to the pool, sports courts, pickleball, tennis, playground, outdoor pavilion, stocked trout pond, and event center. Optional Wolf Laurel Country Club membership adds an acclaimed 5-star golf course, 24-hour fitness center, restaurant, and bar. Enjoy 50 miles of internal hiking trails, or step onto the Appalachian Trail from multiple community access points. Be sure to take advantage of the new Hatley Ski Resort with year-round dining at Smoke & Timber and a downhill bike park slated for spring 2026. Everyday conveniences can be found close by in the nearby towns of Mars Hill (15 minutes), Weaverville (25 minutes), Burnsville (20 minutes) Asheville (45 minutes), and Johnson City, TN (45 minutes). Both with regional airports. Come see why they call us the Jewel of the Blue Ridge Mountain.
***This home is located within The Ridges HOA governance which does not allow short or long term rentals***
197 Cherry Knob Dr, Mars Hill, NC 28754 is a 4 bedroom, 6 bathroom, 3,607 sqft single-family home built in 2006. It last sold for $1,305,000 on May 15, 2026 (10% below the $1,450,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,305,300, with a rent estimate of $3,963/month.
Last check for updates: about 9 hours ago
Listed by Carrie Lee Hoffman
RE/MAX Executive
Bought with: Jennifer Campbell-Overbeeke, (919) 622-4082, Premier Sothebyโs International Realty
Source: Canopy MLS as distributed by MLS GRID, MLS#4271284

Home Details for 197 Cherry Knob Dr
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: Basement Garage Door,Daylight,Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access,Walk-Up AccessNumber of Rooms: 16Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Bar Entertainment, Dining Area, Great Room Two Story, Kitchen, Living Room, Mud, Office, Wine Cellar |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 3607 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Underground Power Lines, Underground UtilitiesAppliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Refrigerator with Ice Maker, Washer/Dryer, Wine RefrigeratorDishwasherLaundry: In Hall,Laundry Room,Main LevelMicrowave |
Heating & Cooling Heating: Central,Forced Air,Propane,ZonedHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Heat Pump,ZonedHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Family Room, Gas Log, Living Room, Outside, Propane, Wood Burning, Other - See Remarks |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Window TreatmentsDoor: Screen Door(s), Sliding DoorsFlooring: Carpet, Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: Two or More Access Exits, Accessible Elevator Installed, Accessible Hallway(s)ElevatorFloors: Carpet, Hardwood, Tile |
View Has a ViewView: Long Range, Mountain(s), Year Round |
Security Security: Smoke Detector(s) |
|
|---|
Exterior Home Features Patio / Porch: Balcony, Covered, Deck, Rear Porch, Wrap Around |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Attached Garage,Garage Faces Side |
Pool Pool: Community |
Frontage Waterfront: NoneResponsible for Road Maintenance: Private Maintained RoadRoad Surface Type: Asphalt, Paved |
Water & Sewer Sewer: Septic Installed |
Surface & Elevation Elevation: 4000 FeetElevation: 4000Elevation Units: Feet |
Finished Area Finished Area (above surface): 2199 Square FeetFinished Area (below surface): 1408 Square Feet |
|
|---|
Cumulative Days on Market: 171 |
|
|---|
Year Built Year Built: 2006 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cabin |
Building Building Name: The RidgesConstruction Materials: Hardboard Siding, StoneNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 986100997846000 |
|
|---|
Price List Price: $1,450,000Price Per Sqft: $362/sqft |
|
|---|
Direction & Address City: Mars HillCommunity: Wolf Laurel |
School Information Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Unspecified |
|
|---|
Building Area Building Area: 2199 Square Feet |
Community rooms Fitness Center |
|
|---|
Community Features: Clubhouse, Fitness Center, Game Court, Gated, Golf, Picnic Area, Playground, Pond, Putting Green, Recreation Area, Rooftop Terrace, Ski Slopes, Sport Court, Tennis Court(s), Walking Trails, OtherNot Senior Community |
Other Playground |
|
|---|
HOA Name: The Ridges Home Owner AssociationHas an HOAHOA Fee: $6,000/Annually |
|
|---|
Lot Area: 1.45 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Conventional |
|
|---|
BasementMls Number: 4271284Attribution Contact: carrieleehoffman@remax.netAbove Grade Unfinished Area: 2199 |
|
|---|
ClubhouseGame CourtGatedGolfPicnic AreaPlaygroundPondPutting GreenRecreation AreaRooftop TerraceSki SlopesSport CourtTennis Court(s)Walking TrailsOther |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 15, 2026 Source: Canopy MLS as distributed by MLS GRID #4271284 | Sold | $1,305,000 |
Nov 21, 2025 Source: Canopy MLS as distributed by MLS GRID #4271284 | Listed For Sale | $1,450,000 |
Oct 1, 2025 Source: Canopy MLS as distributed by MLS GRID #4271284 | ListingRemoved | $1,450,000 |
Jun 16, 2025 Source: Canopy MLS as distributed by MLS GRID #4271284 | Listed For Sale | $1,450,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,977 | $697,700 |
Home facts updated by county records
Market trends in Mars Hill
Last updated August 2026
Avg. sale price
โ
Sale-to-List Price
โ
Price per sq ft
โ
Available listings
96
8MoM
Around this home
What Locals Say about Mars Hill
At least 21 Trulia users voted on each feature.
93 % Say car is needed
92 % Say yards are well-kept
82 % Say parking is easy
79 % Say people would walk alone at night
79 % Say there's wildlife
76 % Say there's holiday spirit
76 % Say it's dog friendly
64 % Say kids play outside
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
54 % Say it's quiet
50 % Say there are sidewalks
50 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
37 % Say there are community events
35 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-18 01:03:25 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 197 Cherry Knob Dr
- What is 197 Cherry Knob Dr estimated to be worth?Trulia's estimated value for 197 Cherry Knob Dr in Mars Hill, NC is $1,305,300.
- What is the price history for 197 Cherry Knob Dr?197 Cherry Knob Dr in Mars Hill, NC last sold for $1,305,000 in May 2026.
- Is Mars Hill a buyer's or seller's market?Mars Hill is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Mars Hill?Residents describe Mars Hill, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Mars Hill, NC.
- Does 197 Cherry Knob Dr have air conditioning?Yes, 197 Cherry Knob Dr in Mars Hill, NC has air conditioning.
- Does 197 Cherry Knob Dr have a pool?Yes, 197 Cherry Knob Dr in Mars Hill, NC has a pool.

