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

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

$4,800,000
4 Beds ⋅ 5 Baths ⋅ 4421366 MLS ⋅ ACTIVE Status
Set within the storied enclave of Biltmore Forest, this exceptional residence evokes the timeless romance of a European country estate. Steep rooflines, climbing ivy and graceful architectural details create a striking sense of arrival, while mature woods envelop the property in extraordinary privacy. A grand foyer and elegant staircase introduce beautifully proportioned interiors designed for gracious living and entertaining. The light-filled formal living room is complemented by a handsome library with built-in shelving and direct access to the gardens, along with an elegant formal dining room. The well-appointed kitchen offers abundant cabinetry and flows into inviting everyday spaces, including a fireside den and charming breakfast area. Just beyond, a gracious 739 sqft covered porch overlooks and opens directly to the gardens. Generous in scale and extraordinary in atmosphere, it serves as a natural extension of the interiors—a place for morning coffee, long lunches, evening gatherings and quiet moments surrounded by the beauty of the landscape. In many ways, this remarkable outdoor room is the true heart of the home, creating an effortless connection between house and garden. Upstairs, the spacious primary suite offers a serene retreat, accompanied by three additional bedrooms and two additional baths. A three-car garage completes the residence. The magic of the property continues throughout its extraordinary grounds. Officially recognized in 2003 with inclusion in the Smithsonian Institution’s Archives of American Gardens, the gardens are nothing short of remarkable. Boxwood parterres, sculptural topiaries, rhododendrons, peonies and a romantic wisteria arbor create a series of enchanting garden rooms, all beautifully connected to the house and its covered porch. Beyond, a private trail winds through the surrounding woods. Rare in beauty, provenance and atmosphere, this distinguished estate offers an extraordinary harmony of architecture, garden and landscape in one of Biltmore Forest’s most captivating settings.

6 Frith Drive, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980
$4,900,000
4413822 MLS ⋅ ACTIVE Status
Exceptional chance to own a standout property in one of North Carolinas' most sought-after Downtowns. Built in 1913 and rich with Asheville’s architectural history, 124 College Street is a distinguished four-story brick house style building totaling ±24,000 square feet on a 50-foot-wide by 120-foot-deep downtown lot. Formally Old Blanton School, the building’s infrastructure has been thoughtfully updated while preserving its historic charm. All four floors—each approximately 6,000 SF—are fully heated, cooled, and serviced by a complete sprinkler system, ensuring operational efficiency and compliance. A centrally located elevator provides access to all floors, supporting accessibility and multi-tenant use. The main and lower level, formerly Room 9 Nightclub, is now vacant and offers a blank canvas for any vision.The second floor is currently leased to Sola Salon, providing stable, established income within the property. The top (third) floor is also vacant and brimming with possibilities from creative office/retail to residential space. The basement has been newly renovated, featuring freshly stained concrete floors, creating a clean, modern, and versatile space ideal for retail, studio, entertainment, or creative uses. With large window lines, generous ceiling heights, and durable brick construction, the building offers adaptable floor plans well-suited for office, retail, hospitality, wellness, or redevelopment visions. Its historic build quality and modern mechanical systems create a rare blend of charm and functionality. Don't miss this opportunity in an unmatched location on the edge of Pack Square in the heart of Downtown Asheville.

124 College Street, Asheville

Listing courtesy of Dewey Property Advisors. lurie.jay@gmail.com
$4,360,000
4411647 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire approximately 15 acres of commercial property located just off Leicester Highway in the Asheville area. This sizable tract offers excellent potential for a variety of commercial, investment, or development uses, with convenient access to one of western Buncombe County’s primary transportation corridors. With approximately 15 acres, the property provides ample room for future development and could be well suited for retail, office, service businesses, storage, light commercial operations, or a mixed commercial project, subject to applicable zoning and governmental approvals. The location offers convenient access to Asheville, surrounding residential communities, and major regional roadways. Large commercial tracts in the Asheville area are increasingly difficult to find, making this an excellent opportunity for developers, investors, or businesses looking for room to establish or expand their operations. Bring your vision and explore the possibilities this 15-acre commercial property has to offer just off Leicester Highway. Buyer and buyer’s agent to verify zoning, permitted uses, utilities, access, acreage, and development requirements.

374 Old County Home Road, Asheville

Listing courtesy of NextHome Partners. kevin@nexthome828.com
$3,995,000
3 Beds ⋅ 5 Baths ⋅ 4409229 MLS ⋅ ACTIVE Status
Perched above the heart of Downtown Asheville, this extraordinary fully furnished rooftop residence offers a rare combination of architectural character, bespoke design, and elevated indoor-outdoor living. Thoughtfully reimagined through a comprehensive custom renovation, the home honors the building’s original 1930s architecture while introducing a sophisticated collection of modern finishes, technology, and one-of-a-kind details. Designed for both effortless everyday living and memorable entertaining, the residence features a primary suite, guest suite, and custom bunk room, each with its own private ensuite bath. Restoration Hardware furnishings have been curated throughout the home, complemented by multiple original commissioned works from nationally recognized artist Kent Youngstrom, creating interiors that feel collected, intentional, and entirely unique. Exceptional craftsmanship is evident at every turn. Custom Corten steel fireplaces bring warmth and architectural interest to the living spaces, while a GE Monogram appliance package and custom cabinetry anchor the beautifully appointed kitchen. Remote-controlled window treatments and light-filtering sheers, extensive smart-home technology, and a Sonos whole-home audio system seamlessly integrate comfort and convenience throughout the residence. The experience continues outdoors, where the private rooftop setting becomes an extension of the home. A Hot Spring saltwater spa creates an intimate retreat above the city—an extraordinary setting to unwind, entertain, and experience Downtown Asheville from an entirely different perspective. Offered fully furnished and truly unlike anything else in the market, this architectural gem represents a rare opportunity to own a turnkey residence where historic character, art, technology, and custom design converge in one of Asheville’s most coveted locations. Please see the attached list for the complete collection of features, improvements, and architectural details. Buyer(s) must provide proof of funds or a pre-approval letter prior to scheduling a listing-agent-accompanied showing.

60 Haywood Street Unit #4A, Asheville

Listing courtesy of Keller Williams Professionals. billdevore@kw.com
$3,699,000
4407768 MLS ⋅ ACTIVE Status
Recently renovated medical space. Great location in Asheville's medical district on a main north to south thoroughfare.

275 Mcdowell Street, Asheville

Listing courtesy of Whitney Commercial Real Estate. awalker@whitneycre.com
$3,850,000
3 Beds ⋅ 5 Baths ⋅ 4402146 MLS ⋅ ACTIVE UNDER CONTRACT Status
Just five minutes from the vibrant heart of downtown Asheville, this exceptional mountain modern estate offers a rare combination of architectural sophistication, effortless luxury, and breathtaking natural beauty. Privately situated within the prestigious gated community of Town Mountain Preserve, 25 Bartrams Walk is a custom-designed residence where every detail has been thoughtfully curated and every room captures sweeping, long-range mountain views. Perched atop Town Mountain at a coveted higher elevation, the home enjoys refreshing summer breezes, spectacular sunsets, and a remarkable sense of privacy. Unlike many mountain properties, the estate features a level lawn and expansive motor court, creating an inviting setting for guests and seamless everyday living. Designed for both grand entertaining and quiet retreat, the main level showcases an open-concept floor plan that flows effortlessly to expansive outdoor living spaces complete with a built-in fireplace and private spa. The chef's kitchen is equally impressive, featuring a premium Thermador appliance suite, built-in espresso system, wine refrigerator, and refined finishes worthy of the home's exceptional craftsmanship. The main-level primary suite is a private sanctuary, highlighted by a spa-inspired bath where a perfectly positioned soaking tub frames unforgettable western sunset views. Upstairs, two luxurious guest suites and a generous office or media room with its own full bath and private outdoor terrace provide flexible accommodations for family, guests, or work-from-home living. Created with longevity in mind, the residence offers the convenience of main-level living while being thoughtfully engineered to accommodate a future elevator. Modern comforts include a whole-house generator, EV charging capability, mature professional landscaping, and a recently installed HVAC system, providing peace of mind for years to come. A home of this caliber is more than a residence, it's a mountain retreat designed for those who appreciate exceptional craftsmanship, uncompromising quality, and one of Asheville's most coveted locations. Experience the lifestyle that only 25 Bartrams Walk can offer.

25 Bartrams Walk Drive, Asheville

Listing courtesy of Asheville Realty Group. INFO@AshevilleRealtyGroup.com
$4,800,000
4408232 MLS ⋅ ACTIVE Status
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
$3,380,000
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
$4,300,000
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. BEST ACCESS IS VIA BLUE RIDGE PARKWAY

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
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