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Back 127 Forest Lake Drive
Off Market

127 Forest Lake Drive

Asheville NC 28803

3
4
2
2316 sq. ft.
0.32 ac.
Single-Family
Last sold for $569,500
Margaret VestalMargaret Vestal, last sold this property on 03 November 2025 after 94 days on market.

Overview

A rare opportunity in sought-after Forest Lake! 127 Forest Lake Dr. sits on a hard-to-find double lot with a naturalized, low-maintenance landscape in a lovely wooded setting. Relax on the inviting wraparound front porch or unwind on the shaded back deck. Raised beds offer space for a small garden. Inside, the main-level primary—currently used as a music studio—features a Murphy bed for flexible living. Upstairs, you’ll find two spacious bedrooms, while the finished daylight basement is perfect for a studio, gym, media room or additional bedroom with full bath. The garage includes built-in storage shelving and a workbench. Residents currently enjoy trail access across private property to the Mountains-to-Sea Trail for endless hiking right from the neighborhood. Forest Lake is a community with mature trees, a small lake, and a playground—all just minutes from downtown Asheville, South Asheville, the Blue Ridge Parkway, and I-40. 24 HR notice for showings.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2316 sq. ft. floor area
0.32 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Asheville over the last 12 months, the estimated median property value of 127 Forest Lake Drive is $437.5k.

Median value
$437.5k
Estimated value range
$185k - $2.95m
Median days on market
33
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Asheville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 127 Forest Lake Drive

2025
Sold
$569,500
03 Nov 2025 by Margaret Vestal, of REMAX Executive | Waynesville
2021
Sold
$480,000
05 Mar 2021 by Kim Gentry Justus, of Ivester Jackson Blackstream

Happy sellers in Asheville

<50%
Less than 50% of sellers in Asheville reported that their sale price either exceeded or met their price expectations.

Asheville stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Asheville over the last 12 months.

Local market activity for 3 bedroom single-family properties in Asheville

In the last 12 months, 190 three-bedroom single-family properties similar to 127 Forest Lake Drive, have been sold.

This represents a 1% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Asheville

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Bob Ray

Bob Ray is an award winning recommended agent for Asheville.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  4 Reviews in Asheville
  •  4 Sales in Asheville
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Jean Gatlin

Jean Gatlin is a recommended agent for Asheville.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Asheville
  •  2 Sales in Asheville
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Wendy Snedecor

Wendy Snedecor is a recommended agent for Asheville.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Asheville
  •  1 Sale in Asheville
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Katie Myers

Sellers who recommend Katie Myers have praised them for being local expert, clear communication, responsive, supportive, dedicated, proactive, and detail-oriented

  •   5   (33 reviews)
  •  1 Review in Asheville
  •  1 Sale in Asheville
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