Asheville, NC Homes for Sale between $3,000,000 to $5,000,000

Phil Mechanic Studios offers a rare opportunity to acquire a historic creative workspace building in Asheville’s River Arts District. Located at 109 Roberts Street and spanning more than 20,800 square feet across five floors, the property serves as a long-standing anchor for the district’s arts community. Home to more than 35 artists and creative businesses, the building benefits from strong demand driven by Asheville’s nationally recognized arts and tourism economy. Positioned adjacent to The Radical Hotel and within one of the city’s most active redevelopment corridors, the property offers a distinctive investment within one of the Southeast’s most vibrant creative districts. Located in between The Radical Hotel and The Wedge Studio's. The sale includes the parking lot across the street on the corner.

109 Roberts Street, Asheville

Listing courtesy of Dewey Property Advisors. lurie.jay@gmail.com

$3,500,000

4408226 MLS ⋅ ACTIVE Status

Fully leased, mixed-use historic asset located in the heart of downtown Asheville, NC, offering a stabilized and diversified income stream. Positioned steps away from Pack Square in between the AC Marriott and The Kimpton Arras Hotel. Built in 1920 and updated in 2024, the property at 9–13 Broadway Street features three ground-level retail spaces, including a restaurant, and two fully furnished residential units (1BR/1.5BA and 1BR/1BA). The asset is 100% occupied with stable tenants and renewal options in place, providing predictable cash flow and long-term income security. Positioned in Asheville’s high-traffic, tourism-driven urban core and surrounded by strong hospitality and retail development, this investment offers multiple revenue streams and a balanced income profile in the heart of downtown Asheville. (Sale includes 2 buildings: PIN 13 Broadway - 964940261500000 and PIN 9 Broadway - 964940261200000. (No showings until after April 13th)

9-13 Broadway Street, Asheville

Listing courtesy of Dewey Property Advisors. lurie.jay@gmail.com

$3,500,000

3 Beds ⋅ 3 Baths ⋅ 4403262 MLS ⋅ ACTIVE Status

Perched on the 16th floor of the Arras Residences, Residence 1605 offers one of Asheville’s most extraordinary vantage points. Positioned on the coveted northwest corner of Asheville’s tallest residential building, floor-to-ceiling glass frames panoramic views of the downtown skyline, the iconic Grove Park Inn, and the Blue Ridge Mountains, filling the home with natural light throughout the day. Offering over 2,100 square feet, this thoughtfully designed 3-bedroom, 2.5-bath residence blends refined finishes with effortless livability. The open-concept kitchen, dining, and living spaces create an inviting setting for entertaining or quiet evenings above the city. A generous island anchors the kitchen, complemented by a gas range, premium stainless steel appliances, custom cabinetry, and wide-plank hardwood floors. The flexible third bedroom is equally suited as a guest suite, executive office, or creative studio. Arras Residences epitomizes a luxury urban living with secure private resident access, dedicated parking, valet services, a state-of-the-art fitness and wellness center, and acclaimed dining just an elevator ride away. Beyond the front door, Asheville’s celebrated restaurants, galleries, boutiques, cafés, and entertainment venues become an extension of home, creating a true lock-and-leave lifestyle in the heart of the downtown. Residence 1605 brings together exceptional design, remarkable views, and one of Asheville’s most desirable addresses. A setting like this cannot be replicated.

7 Patton Avenue Unit #1605, Asheville

Listing courtesy of Preferred Properties. william@preferredprop.com

$3,500,000

12 Beds ⋅ 13 Baths ⋅ 4375523 MLS ⋅ ACTIVE Status

A rare opportunity to own one of North Asheville's most iconic historic estates. Originally built in 1909, the renowned Albemarle Inn blends neoclassical architecture, rich history, and gracious Southern hospitality in one of Asheville's most sought-after neighborhoods. This grand historic home is on the National Register of Historic Places, and is currently a Select Registry Inn. Offering 12 bedrooms and 12 bathrooms, the estate includes 11 beautifully appointed guest suites, each with its own private bath, as well as a separate caretaker's apartment—creating exceptional flexibility for a luxury private residence, boutique bed & breakfast, corporate retreat, or multigenerational estate. Historic craftsmanship is showcased throughout with elegant gathering spaces, inviting porches, and remarkable architectural details that honor the home's storied past while offering endless possibilities for its next chapter. Perfectly positioned just moments from the iconic Grove Park Inn, the estate enjoys one of Asheville's most desirable walkable locations. Stroll to Charlotte Street's vibrant collection of locally loved restaurants, cafés, boutiques, parks, Pilates and fitness studios, and neighborhood favorites. Downtown Asheville is just minutes away, offering acclaimed dining, shopping, galleries, and entertainment while preserving the quiet charm and character of this prestigious neighborhood. Steeped in history yet perfectly suited for modern living or hospitality, the Albemarle Inn is more than a property—it's a legacy. Opportunities to own a landmark of this caliber in the heart of North Asheville are exceptionally rare.

86 Edgemont Road, Asheville

Listing courtesy of Asheville Realty Group. INFO@AshevilleRealtyGroup.com

$4,875,000

4 Beds ⋅ 6 Baths ⋅ 4394362 MLS ⋅ ACTIVE Status

Commanding an extraordinary mountaintop setting just off the Blue Ridge Parkway, this exceptional custom estate is a rare expression of refined mountain living. Set on approximately six private acres, the property captures breathtaking panoramic views that stretch for miles, creating an unforgettable backdrop in every season. Thoughtfully designed outdoor living spaces, including multiple seating areas and fire pits, invite quiet mornings, unforgettable sunsets and effortless entertaining surrounded by the beauty of the mountains. Natural light pours through expansive windows, beginning in the welcoming entry foyer that doubles as a sun-filled sitting room. Beyond, soaring vaulted ceilings define the dramatic great room, where an open balcony above and walls of glass create an impressive sense of space while keeping the extraordinary views at the forefront. Designed for both everyday living and exceptional entertaining, the chef's kitchen is appointed with premium Wolf appliances, a commercial-grade salamander, a steam oven and an impeccably equipped butler's pantry. Just beyond, an intimate viewing room offers one of the home's most captivating spaces, where every window frames the surrounding mountain landscape. The main-level primary suite provides a peaceful retreat with custom barn-door closets and tranquil views. Upstairs, two spacious guest suites, two full baths and a versatile bonus room offer exceptional accommodations, while a richly appointed office provides an inspiring workspace. The lower level features a generous recreation room and half bath. The estate also includes an attached two-car garage, as well as a separate three-car garage connected by a covered walkway. Above, a beautifully finished private apartment with its own bedroom, bath, living room and kitchen offers ideal accommodations for guests, extended family or a caretaker. A home of remarkable craftsmanship and enduring elegance, this is a place where architecture and landscape exist in perfect harmony, offering extraordinary privacy, exceptional amenities and one of the area's most spectacular mountain settings ready for you to call it home.

145 Kalmia Drive, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980

$4,950,000

5 Beds ⋅ 6 Baths ⋅ 4396838 MLS ⋅ ACTIVE Status

Within one of Asheville's desired gated communities, this exceptional one-story modern residence offers refined luxury and effortless living on land once part of George Vanderbilt's historic Biltmore Estate holdings. Built by acclaimed Asheville award-winning builder Living Stone Design + Build, this five-bedroom, 5.5 bath home features soaring ceilings, clean architectural lines, and an open-concept design ideal for entertaining and everyday living. The chef's kitchen showcases premium Monogram appliances and distinctive modern finishes flowing seamlessly into spacious living and dining areas. Thoughtfully curated details include wide-plank blonde oak flooring, limestone accents, and expansive outdoor living with a built-in grilling station and fireplace. Every main-level bedroom enjoys direct access to its private patio, creating a seamless connection to the outdoors. Residents enjoy a wellness center, pool, tennis and pickleball courts, paved trails and access to more than 1,000 acres of preserved land. Luxury one-level living at its finest.

504 Hollow Trail, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 305-778-9559

$3,295,000

5 Beds ⋅ 5 Baths ⋅ 4382648 MLS ⋅ ACTIVE Status

Located in prestigious Lakeview Park, one of North Asheville’s most coveted neighborhoods, and just one block from the Country Club of Asheville, this extensively renovated English Tudor offers a rare combination of architectural character and modern upgrades. The exterior features a turreted façade, cast-stone detailing, and a slate roof, delivering a distinctive and timeless presence. A comprehensive seven-figure renovation has expanded and updated approximately 4,500 square feet (not including the massive unfinished 3rd floor walk-up attic with 11' vaulted ceilings), preserving original design elements while bringing the home in line with contemporary expectations. The interior opens to a bright, welcoming foyer that immediately establishes the home’s sense of scale, with expansive hardwood floors extending throughout the main and second floors. The floor plan is thoughtfully arranged to create exceptional flow between living spaces, ideal for both daily living and entertaining. The main living room is anchored by the first of 5 fireplaces and opens seamlessly to adjacent areas, enhancing connectivity while maintaining defined gathering spaces. A formal dining room, framed by expansive transomed windows, is filled with natural light, while the turreted den offers a distinctive and versatile space well-suited for a library or private office. Generous ceiling heights, large windows, and an abundance of natural light are consistent throughout. The kitchen is designed for both function and entertaining, featuring custom cabinetry, huge dolomite island, premium appliances, built-in cappuccino maker, pot filler, and double commercial-grade range. It opens to a spacious family room with coffered ceilings over ten feet, large windows, and a floor-to-ceiling fireplace. A separate butler’s pantry/scullery includes full-height cabinetry, apron-front sink, and dual wine refrigeration. The home includes five bedrooms and 4.5 baths, including two primary suites. Three bathrooms feature heated floors. All four floors of the home are FULLY elevator accessible via existing 2nd (unused) stairwell chase (recent elevator installation quote of $46K) allowing for a generously sized elevator. Perfect for families needing assistance and for future aging in place - a true multi-generational home! Huge walk-up attic with 11+ foot ceilings offers incredible future expansion potential. The walk-out lower-level functions as a private apartment with its own kitchen, living area, sitting/wine room, bedroom, and bath. Outdoor living has been fully redesigned with expansive entertaining spaces and fully fenced & exceptionally private rear yard. Features include two new paver & river rock driveways, a 24’ x 15’ covered pavilion with fireplace, and a raised outdoor kitchen equipped with premium grill, pizza oven, kegerator, plenty of built-in storage and a retractable awning for year-round grilling. A floating deck leads to a koi pond, with an additional upper patio for outdoor seating. As part of the massive renovation, major system upgrades include new HVAC with whole-house humidifier, tankless water heater, updated electrical and plumbing, encapsulated basement w/ french drain system and sump pumps, new stucco and paint, and extensive stonework. Original slate roof in excellent condition (maintained regularly). Mere minutes from Downtown Asheville, historic Grove Park Inn, famed Biltmore Estate, and a 3-minute walk to Beaver Lake. This is a legacy property ready for its next caretakers. Enjoy the history, character and charm of a bygone era without the renovation or upkeep worries as all of the work has been done. Move in and start living the quintessential Asheville lifestyle. If you're looking for a premier destination that family and friends will dream about, look no further. Minimal annual HOA fee covers shared ownership and maintenance of Beaver Lake (a wonderful benefit of Lakeview Park ownership!). Agent owned.

72 Windsor Road, Asheville

Listing courtesy of Jason Land Realty. brian@jasonlandrealty.com

$3,425,000

6 Beds ⋅ 6 Baths ⋅ 4393411 MLS ⋅ ACTIVE Status

Tucked within the tree-canopied streets of the Town of Biltmore Forest, this exceptional, refined mountain- contemporary home offers a rare blend of timeless elegance and modern livability. Echoing the architectural spirit of nearby Biltmore Village, the residence was completely re imagined by Robert Griffin Architects in 2021. Set on over an acre, the property welcomes you with a gorgeous covered front porch, perfect for savoring the changing seasons of the Blue Ridge Mountains. Inside, rich wood details flow throughout, creating a seamless connection between the home’s warm interiors and the natural beauty of Western North Carolina. The main level is anchored by a true chef’s kitchen and a luxurious primary suite, offering effortless one-level living. Upstairs, four spacious bedrooms provide comfortable accommodations for family and guests alike. The lower level is designed for both relaxation and gathering, featuring an additional bedroom, recreation room, office area, sauna, fireplace, space for your home gym and abundant storage. Outside, the expansive, level yard offers room to play, a charming fire pit for evening gatherings. This beautiful stretch of neighborhood is perfect for strolls connecting you to the surrounding community, while this section of Biltmore Forest preserves the privacy the neighborhood is known for. A home of exquisite detail, enduring charm, and quiet mountain living.

1 Cedar Chine Drive, Asheville

Listing courtesy of Preferred Properties. annclark@preferredprop.com

$4,150,000

5 Beds ⋅ 8 Baths ⋅ 4392836 MLS ⋅ ACTIVE Status

Bold architecture, resort-level amenities, and uncompromising luxury define this extraordinary modern residence overlooking the 2nd fairway of the Country Club of Asheville golf course. Completed in 2023, this striking home offers 5 bedrooms, 6 full baths, 2 half baths, an oversized 3-car garage, and a rare level of design, efficiency, and comfort in one of Asheville’s most established North Asheville settings. Soaring ceilings, engineered maple flooring, expansive Pella windows and doors, and an open-concept layout create a seamless connection between indoor and outdoor living. The designer kitchen is a true showpiece, featuring Dacor appliances, wine storage, beverage center, premium finishes, and excellent flow for entertaining. Imported Italian furnishings convey, creating an exceptional turnkey luxury experience. The main living spaces are both dramatic and comfortable, anchored by a modern gas fireplace and framed by natural light and golf course views. Spa-inspired amenities include a steam shower and sauna, while the private 850-square-foot apartment with separate entrance and kitchen provides outstanding flexibility for guests, extended family, multigenerational living, or private work-from-home space. Built for efficiency and peace of mind, the home features solar, a whole-house generator, metal roof, three HVAC systems, tankless water heaters, smart security, central vacuum, irrigation, and a steel-reinforced rear porch. With bold modern design, exceptional systems, and a premier golf course setting near Beaver Lake, this residence delivers a luxury lifestyle rarely found in Western North Carolina.

123 Wembley Road, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-North. eddie.delaney@allentate.com

$3,950,000

4 Beds ⋅ 7 Baths ⋅ 4392432 MLS ⋅ ACTIVE Status

Commanding one of Asheville's most spectacular Mountain views, 95 Horizon Hill Road showcases breathtaking panoramic views of downtown Asheville, the historic Grove Park area, and the layered peaks of the Blue Ridge Mountains. Set on nearly an acre and just 8 minutes from downtown, this contemporary residence seamlessly blends luxury, efficiency, and architectural design. Built in 2017, the home offers 5,329 square feet of thoughtfully crafted living space. Expansive Marvin windows and sliding doors frame the extraordinary views while flooding the interior with natural light. Highlights include a dramatic Honduras mahogany entry door, floating steel beams, and a chef's kitchen featuring Sub-Zero refrigeration, Wolf gas range, dishwasher, and a large walk-in pantry. Outdoor living is elevated with a 637-square-foot steel-framed deck, staircase, and private outlook tower providing a front-row seat to Asheville's skyline and mountain vistas. Additional features include a metal roof, 15.8 kW solar system, 20 kW generator, three HVAC systems, central vacuum, gas fireplace, and on-demand hot water & elevator.

95 Horizon Hill Road, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-North. eddie.delaney@allentate.com

$4,495,000

4 Beds ⋅ 2 Baths ⋅ 4390962 MLS ⋅ ACTIVE Status

Set amid nearly 79 breathtaking acres in the heart of the Blue Ridge Mountains, this exceptional gated estate offers a rare combination of privacy, convenience to Asheville, natural beauty, and vintage Appalachian character. Expansive open pastures, gently rolling topography, and sweeping mountain vistas provide an idyllic setting for a family retreat, equestrian property, or private legacy estate. The property also includes an existing 3,600-square-foot authentic mid-century home built in 1978, featuring a stacked-stone chimney and two wood-burning fireplaces. The striking floor-to-ceiling chimney showcases stacked stone harvested from the property, creating a seamless connection between the home's interior and exterior. Whether enjoyed as a residence, guest house, caretaker's quarters, or future renovation project, the home provides an established presence on the property while allowing the land itself to remain the defining feature. Complementing the home is a classic Appalachian barn, enhancing the property's rich mountain heritage and functionality. Offering an exceptional balance of privacy and accessibility, the estate is located just 18 minutes from Asheville Regional Airport, 20 minutes to Downtown Asheville, and 3.5 miles from the Blue Ridge Parkway. Large contiguous tracts with this combination of usable pastureland, mountain views, and proximity to Asheville are increasingly rare, making a property of this scale, beauty, and accessibility a truly exceptional opportunity to create a lasting mountain legacy.

52 Chapel Hill Church Road, Asheville

Listing courtesy of Dewey Property Advisors. tim.bramley@deweypa.com

$4,495,000

4390956 MLS ⋅ ACTIVE Status

Set amid nearly 79 breathtaking acres in the heart of the Blue Ridge Mountains, this exceptional gated estate offers a rare combination of privacy, convenience to Asheville, natural beauty, and vintage Appalachian character. Expansive open pastures, gently rolling topography, and sweeping mountain vistas provide an idyllic setting for a family retreat, equestrian property, or private legacy estate. The property also includes an existing 3,600-square-foot authentic mid-century home built in 1978, featuring a stacked-stone chimney and two wood-burning fireplaces. The striking floor-to-ceiling chimney showcases stacked stone harvested from the property, creating a seamless connection between the home's interior and exterior. Whether enjoyed as a residence, guest house, caretaker's quarters, or future renovation project, the home provides an established presence on the property while allowing the land itself to remain the defining feature. Complementing the home is a classic Appalachian barn, enhancing the property's rich mountain heritage and functionality. Offering an exceptional balance of privacy and accessibility, the estate is located just 18 minutes from Asheville Regional Airport, 20 minutes to Downtown Asheville, and 3.5 miles from the Blue Ridge Parkway. Large contiguous tracts with this combination of usable pastureland, mountain views, and proximity to Asheville are increasingly rare, making a property of this scale, beauty, and accessibility a truly exceptional opportunity to create a lasting mountain legacy.

52 Chapel Hill Church Road, Asheville

Listing courtesy of Dewey Property Advisors. tim.bramley@deweypa.com

Asheville, NC Homes for Sale between $3,000,000 to $5,000,000

Asheville, NC Homes for Sale Between $3,000,000 to $5,000,000

Lee Rosenthal

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