254 Cumberland Avenue

Asheville, NC
$ 1,450,000 Beds 0 Baths 0 Sq 4,500 Virtual Tour
Monthly Estimate* How much can I afford?

Built in 1902, this stunning Traditional style Bed and Breakfast Inn located on the best street in the Montford Historic District, Cumberland Falls Inn with 6BR/7.5 BA, lovely parlor, solarium, large dining room, updated kitchen and gorgeous original woods in the foyer and the parlor. Set above the street with lots of trees and vegetation. It is a quiet, peaceful atmosphere as you enter the property. A large front porch awaits you as you open he original front door. The lot is .67 acres, large for Montford neighborhood. There is a man-made waterfall with KOI pond in the backyard as well as secluded areas for guests to retreat outside. This is a FINANCIALLY VIABLE Inn with strong income and occupancy numbers. The rooms are large and well appointed, central air throughout, fabulous bathrooms for each guest. Amenities include on-site Spa, gourmet breakfasts and concierge services just to mention a few. Square footage numbers are approximate at this time.

Commercial

  • Price
  • $ 1,450,000
  • Lot Size
  • 0.67 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1902
  • Half Bathrooms
  • 0
  • City, Zip
  • Asheville
  • County
  • BUNCOMBE
  • Style
  • Commercial
  • Area
  • Buncombe County
  • MLS#
  • 3681643
  • Zip
  • 28801
Listing Provided by: RE/MAX Executive

Features

General

Car Hoasubjectto None
Construction Type Site Built
Property SubType Commercial
Property Type Commercial Sale
Restrictions Historical
Roof Shingle
Secondary Sub-Type Bed/Breakfast
Standard Status Active
Structure Type Bed/Breakfast

Interior Features

Total Baths 8

Exterior Features

Building Area Total 4500
Lot Size Area 0.67

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Charlotte, NC office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/11/2020 Listed $1,450,000

Property vs Zip Code Average in 28801

Price
AVG $450K
$1.45M
Visits
AVG 22
15
Year Built
AVG 1952
1902
Walkscore
AVG 76
61
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

254 Cumberland Avenue Asheville, NC is a Single Family Home for sale at $1450000 with 4500 sqft and a lot size of 0.67 Acres Acre(s). 254 Cumberland Avenue Asheville has 0 bedrooms, 0 baths and was built in 1902. The property's zip code is 28801 which is in Asheville, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.