This home offers an exceptional value opportunity to create your personal mountain escape. And, with Asheville just 18 miles away, you’ll enjoy both the peace of seclusion and the convenience of city amenities.
Welcome to 165 Peepeye Cove Road, a tranquil retreat tucked away in the serene hills of Leicester, North Carolina. Nestled on 6.57 pristine acres, this charming 3-bedroom, 2-bathroom home offers the perfect blend of privacy and natural beauty. Enjoy the soothing sounds of the nearby S Turkey Creek waterfall and take in the breathtaking views of Butte Mountain from the comfort of your rocking chair front porch or the spacious covered back deck.
The home features a thoughtful split-bedroom floor plan, with an open kitchen and living room that is flooded with natural light from large windows and a new roof. Ample driveway parking and a one car garage with access to the covered back deck and kitchen door. The level yard provides ample space for outdoor enjoyment and gardening along with a versatile outbuilding that once had electricity and water – perfect for a workshop or additional storage.
AS-IS,WHERE IS.
Please no drive-bys!
Active
Price cut: $10K (10/31)
$340,000
165 Peepeye Cove Rd, Leicester, NC 28748
3beds
1,062sqft
Est.:
Single Family Residence
Built in 1994
6.57 Acres Lot
$335,800 Zestimate®
$320/sqft
$63/mo HOA
What's special
Level yardFlooded with natural lightPristine acresRocking chair front porchSpacious covered back deckSplit-bedroom floor planLarge windows
- 124 days |
- 1,646 |
- 93 |
Zillow last checked: 8 hours ago
Listing updated: January 02, 2026 at 06:01am
Listing Provided by:
Sheridan Cupp shersellsasheville@gmail.com,
EXP Realty LLC,
John Stigmon,
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4296279
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: En Suite Bathroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Kitchen
- Features: Ceiling Fan(s), Open Floorplan, Split BR Plan
- Level: Main
Laundry
- Features: See Remarks
- Level: Main
Living room
- Features: Open Floorplan
- Level: Main
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
- Laundry: In Kitchen
Features
- Open Floorplan, Walk-In Closet(s)
- Flooring: Carpet, Linoleum
- Doors: Insulated Door(s)
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 1,062
- Total interior livable area: 1,062 sqft
- Finished area above ground: 1,062
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Rear Porch
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None, Creek/Stream
Lot
- Size: 6.57 Acres
- Features: Level, Private, Sloped, Wooded, Views
Details
- Additional structures: Outbuilding
- Parcel number: 867947178200000
- Zoning: OU
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Satellite Internet Available
Community & HOA
Community
- Features: None
- Subdivision: none
HOA
- Has HOA: Yes
- HOA fee: $750 annually
- HOA name: Peepeye Cove
Location
- Region: Leicester
- Elevation: 2500 Feet
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $203,900
- Annual tax amount: $1,401
- Date on market: 9/3/2025
- Cumulative days on market: 123 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Gravel, Paved
Estimated market value
$335,800
$319,000 - $353,000
$1,676/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Price change | $340,000-2.9%$320/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4296279 Report a problem | ||
| 9/3/2025 | Listed for sale | $350,000+62.8%$330/sqft |
Source: Canopy MLS as distributed by MLS GRID #4296279 Report a problem | ||
| 4/20/2009 | Sold | $215,000-10%$202/sqft |
Source: Public Record Report a problem | ||
| 2/1/2009 | Price change | $239,000+6.3%$225/sqft |
Source: Listhub #431493 Report a problem | ||
| 1/16/2009 | Listed for sale | $224,900+64.2%$212/sqft |
Source: Listhub #431493 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,401 +4.4% | $203,900 |
| 2024 | $1,341 +3.1% | $203,900 |
| 2023 | $1,301 +1.6% | $203,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,961/mo
Principal & interest
$1629
Property taxes
$150
Other costs
$182
Climate risks
Neighborhood: 28748
Nearby schools
GreatSchools rating
- 5/10Leicester ElementaryGrades: PK-4Distance: 5.8 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 9.4 mi
- 3/10Clyde A Erwin HighGrades: PK,9-12Distance: 9.2 mi
Schools provided by the listing agent
- Elementary: Leicester/Eblen
- Middle: Clyde A Erwin
- High: Clyde A Erwin
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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