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      288 Montford AvenueAsheville, NC 28801MLS Number 3284220

      • Price: $2,550,000The price has recently decreased
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      Price Down Payment Interest Rate Years

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 0.75Acreage
      • 1900Year Built
      • 5500Square Feet
      • 10BathsTotal

      Surrounded by lush lawns, beautiful gardens, ponds - designed and built by resident architect of Biltmore House, Richard Sharp Smith in 1899 - this enchanting property captures the imagination with its shingled, half-timbered, and pebble-dashed exterior. Hailed as 'Asheville's Finest Boutique Inn' - by Sunday London Times, the profitable Black Walnut Bed and Breakfast Inn, with international accolades, boasts an 8.6% CAP RATE. Beautifully updated - the main home features exemplary craftsmanship, six en-suite bedrooms, eight fireplaces, chef's kitchen, and pristine original detail. Fully renovated and updated carriage house features two en-suite bedrooms each with fireplace and private outdoor space on main level. The upper level, one-bedroom unit is complete with kitchen, living area with fireplace, and outdoor terrace. Incredible furnishings, luxurious appointments, positive cash-flow, and vibrant, walkable, in-town neighborhood location make this turn-key property a great investment.

      Listed by Mike Davis of Ivester Jackson Blackstream

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      Basic Information

      • Broker IDNCM33610
      • List Price$2,550,000
      • ListingBoardIDAsheville Board of Realtors
      • StatusACT
      • Broker NameIvester Jackson Blackstream
      • MLS Number3284220


      • FeaturesFire/Smoke Alarm, Reception Area, Security System


      • CoolingCentral, Other


      • Number of Photos32
      • DatePhoto2018-01-10T05:20:30


      • CountyBuncombe
      • StateNC
      • StreetMontford
      • Building Number288
      • Zip28801
      • TownAsheville
      • DirectionsFrom 240, take exit 4C, head north on Montford for 0.6 miles. Destination is on right, at corner of Waneta Street and Montford Avenue.


      • HeatingCentral, Electric, MutliZone Heat, Natural Gas


      • Square Feet5500
      • RoofArchitectural Shingle
      • Bathroom10
      • BathsTotal10
      • ConstructionBrick, Concrete, Stone, Stucco, Wood
      • ConstructionTypeSite Built


      • Units2
      • Parking Spaces
      • Acreage0.75
      • Property Sub TypeBed/Breakfast
      • Property TypeCommercial


      • Year Built1900
      • Access FeaturesCity Street, Paved Road
      • Modification Date01/16/2018
      • View Count56

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