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Single Family ResidenceResidential
$542,402$385 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $157,000 on Nov 26, 2002

118 FOREST LAKE DR

ASHEVILLE, NC 28803
3
Beds
2
Baths
1,410 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1992
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$542K
$499K low$586K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$157,000 · Nov 26, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,609 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$281,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$72,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$208,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$281,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$281,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyBUNCOMBE
Lot (acres)The size of the land the home sits on, from county records.0.28
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 190 ft²Patio · 190 ft²Porch · 130 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
W.W. Estes Elementary SchoolC+
Elementary · Grades PK–4 · 3.8 mi
H
T.C. Roberson High SchoolB+
High · Grades 9–12 · 3.8 mi
M
Valley Springs Middle SchoolA
Middle · Grades 7–8 · 4.0 mi

District: Buncombe County Schools

Neighborhood · ZIP 28803These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.34,239
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.925 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,115
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$96,527
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 Forest Lake Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 67% of homes in Biltmore Forest
  • Costs more per square foot than 75% of homes in Buncombe County
  • Has a smaller lot than 71% of homes in Buncombe County

What homes are worth in Asheville 28803

Each bar is how many homes fall in that price range. The marker is this home.

This home
$196K$2.4M

This home is worth more than 62% of homes in Asheville 28803.

How it measures up in Asheville 28803

The dot is this home. The mark in the middle is the typical home in Asheville 28803.

Estimated value$542,402
CheaperTypical $460,427Pricier

Pricier than 62% of homes nearby

Price per ft²$385
CheaperTypical $318Pricier

Pricier than 74% of homes nearby

Living area1,410 ft²
SmallerTypical 1,536 ft²Bigger

Bigger than 43% of homes nearby

Lot size0.28 ac
SmallerTypical 0.36 acBigger

Bigger than 40% of homes nearby

Year built1992
OlderTypical 1986Newer

Newer than 58% of homes nearby

How 118 Forest Lake Dr ranks against every home in each area.
MeasureThis homeBiltmore ForestAsheville 28803Buncombe County
Estimated valuepricier than$542,40267% of homes62% of homes64% of homes
Price per ft²pricier than$38572% of homes74% of homes75% of homes
Living areabigger than1,410 ft²44% of homes43% of homes45% of homes
Lot sizebigger than0.28 ac43% of homes40% of homes29% of homes
Year builtnewer than199264% of homes58% of homes57% of homes

About 118 Forest Lake Dr

How much is 118 Forest Lake Dr, Asheville, NC worth?

The TopHap Estimate for 118 Forest Lake Dr, Asheville, NC is $542,402 as of Aug 30, 2026. The likely range is $499,042 to $585,762. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 118 Forest Lake Dr, Asheville, NC last sell?

118 Forest Lake Dr, Asheville, NC last sold on Nov 26, 2002 for $157,000, according to the county's recorded deed.

How big is 118 Forest Lake Dr, Asheville, NC?

118 Forest Lake Dr, Asheville, NC has 3 bedrooms, 2 bathrooms, 1,410 square feet of living space and a 0.28-acre lot.

When was 118 Forest Lake Dr, Asheville, NC built?

118 Forest Lake Dr, Asheville, NC was built in 1992, making it 34 years old. It is a ranch home. The building has 1 story.

What schools serve 118 Forest Lake Dr, Asheville, NC?

118 Forest Lake Dr, Asheville, NC is assigned to W.W. Estes Elementary School (elementary), rated C+; T.C. Roberson High School (high), rated B+; Valley Springs Middle School (middle), rated A. All sit in Buncombe County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 118 Forest Lake Dr, Asheville, NC compare to other homes in Asheville 28803?

Among the 11,393 homes in Asheville 28803, it is worth more than 62% of them ($542,402 against a typical $460,427), its price per square foot is higher than 74% of them ($385 against a typical $318), it is bigger than 43% of them (1,410 ft² against a typical 1,536 ft²), its lot is bigger than 40% of them (0.28 ac against a typical 0.36 ac) and it is newer than 58% of them (1992 against a typical 1986). Measured against all of Buncombe County, it is worth more than 64% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 Forest Lake Dr, Asheville, NC?

The 2024 property tax bill for 118 Forest Lake Dr, Asheville, NC was $2,609. The county assessed it at $281,500.

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