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$8,000,000
4408219 MLS ⋅ ACTIVE Status
Mixed-Use Redevelopment & Boutique Hospitality Opportunity with Dedicated Parking at 76 College St. Proposed 35-room boutique hotel, cocktail lounge, and ground level retail on both N. Lexington Ave. and Broadway Street. Located in the heart of downtown Asheville, the property sits at the intersection of Broadway Street and the Lexington Avenue retail corridor, two of the city’s most active pedestrian streets. Part of the historic Star Block, originally built in the early 1900s, the building is positioned for redevelopment as Zelda Salon, a proposed 35-key boutique hotel that will preserve the property’s historic character while introducing suite-style guest rooms, curated hospitality spaces, and ground-level retail along both Broadway and Lexington Avenue. The offering also includes the adjacent 76 College Street parking lot, providing approximately 20 surface parking spaces in a supply-constrained downtown environment. Together, the properties present a rare downtown parking in the center of Asheville’s thriving tourism market. opportunity combining existing retail income, boutique hotel redevelopment potential, and dedicated

24 N Lexington Avenue, Asheville

Listing courtesy of Dewey Property Advisors. lurie.jay@gmail.com
$5,675,000
4405310 MLS ⋅ ACTIVE Status
Fully Equipped Brewery / Restaurant Available NOW!!!!: The retail condo at 39 N. Lexington Avenue in Asheville, NC, offers a unique opportunity for a new owner seeking a versatile commercial property in the heart of downtown. Constructed in 1916, this historic building features a brick facade and has housed various businesses over the years, including the Oscar Blues Brewery and Bold Rock Hard Cider/Taproom. Given its prime location and adaptable space, 39 N. Lexington Avenue presents an excellent opportunity for businesses seeking a prominent downtown presence. The space is set up as a full Brewery with a 15 Barrel Brewhouse and a fully equipped restaurant / bar / commercial kitchen. The space features 7,000 square feet of retail space and 1,000 square feet of dry/cold storage on the second floor off Rankin Ave. 39 N. Lexington is situated in the heartbeat of Downtown Asheville and benefits from the city’s reputation as a hot spot for tourism. Owner is willing to entertain conversations around a Lease / Purchase / Option scenario for the right credit tenant / buyer.

39 Lexington N Avenue, Asheville

Listing courtesy of Dewey Property Advisors. lurie.jay@gmail.com
$8,995,000
6 Beds ⋅ 8 Baths ⋅ 4398437 MLS ⋅ ACTIVE Status
Behind private gates within the prestigious Ramble Biltmore Forest, 405 Ramble Way is an extraordinary estate inspired by the enduring traditions of timeless architecture and exceptional design. Surrounded by meticulously curated gardens and lush native landscaping, the property offers a rare sense of serenity where nature and craftsmanship exist in harmony. A stately cast stone entrance sets the tone for the home beyond, where every space unfolds with quiet grandeur and refined elegance. Masterfully constructed without compromise, the residence is defined by impeccable craftsmanship and an extraordinary palette of enduring materials, including cast stone, reclaimed timber beams, hand-forged ironwork, exotic granite, a cedar shake roof, six exquisite marble and natural stone fireplaces, and a custom glass ceiling that bathes the solarium in natural light. Designed to honor everyday living and unforgettable entertaining, the home's gracious floor plan balances intimate family spaces with dramatic architectural moments. The magnificent grand salon is the heart of the residence, where soaring 28-foot windows and reclaimed wood beams create an atmosphere of warmth and scale while framing tranquil views of the surrounding forest, inviting the beauty of the landscape indoors. Every detail has been thoughtfully considered to enrich the experience of living here. A charming brick-paver pathway meanders around the home, encouraging peaceful walks through the beautifully landscaped grounds and offering ever-changing perspectives of the estate's gardens and woodland setting. For the automotive enthusiast or discerning collector, an extraordinary heated and cooled eight-car garage, equally suited as a private car museum, provides an exceptional showcase for prized vehicles while complementing the home's uncompromising standard of luxury. Elegant yet inviting, grand yet deeply livable, 405 Ramble Way is more than a remarkable residence, it is a private sanctuary where timeless craftsmanship, architectural distinction and the natural beauty of Biltmore Forest come together in balance.

405 Ramble Way, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980
$8,750,000
4 Beds ⋅ 6 Baths ⋅ 4377034 MLS ⋅ ACTIVE Status
Perched high above Asheville, Eden’s Gray Mist is an exceptional mountain home built with incredible craftsmanship, old-world artistry and enduring materials. The estate combines the classic charm of a European manor with the warmth and natural beauty of the Blue Ridge Mountains. The grand foyer sets a welcoming tone with hand-milled, distressed entry doors, hand-painted barrel ceilings, Syrian limestone accents and custom maple millwork that continues throughout the home. Antique wormy chestnut flooring, to the trade lighting, and rich artisan finishes give the interior(s) an authentic and sophisticated feel. Designed for hosting and comfortable daily living, the formal living room features a striking Doggett Mountain stone fireplace. The organic feel of the fireplace is enhanced by a hand-carved limestone mantel showcasing North Carolina’s state bird, the cardinal. Library paneled walls, upholstered finishes, reclaimed beams, and efficient Rumford-design fireplaces add warmth and classic elegance to the gathering spaces. The kitchen and adjoining hearth-room are the heart of the home. Reclaimed chestnut beams from a 1908 West Virginia cattle barn frame the cooking space, which features a Wolf range, a custom copper hood vent, a wood-paneled Sub-Zero refrigerator and freezer, a seamless, large Yellow River stone island, a copper farm sink, and local Doggett Mountain stonework and antique brick. Nearby sitting area includes reclaimed materials, stone fireplace and hearth, creating a space that feels high-end and comfortable. The primary suite is a private retreat, complete with dual walk-in closets, custom millwork, fireplace, a spa-style bath, heated stone floors and a soaking tub framed by mountain stone. The lower level offers lots of additional living space, featuring guest suites, a recreation room, a refreshment center, a study, a home theater, mirrored exercise room, a charming wine cellar tucked beneath a turret staircase fabricated of forged iron and reclaimed wormy chestnut. Rich wood paneling, flagstone flooring and custom finishes give this entire level distinctive character. Outside, the home is built to endure, featuring ArcusStone exteriors, masonry chimneys, a slate roof, copper downspouts, a French drain system, a cobblestone motor court, stone walls, limestone detailing and a flagstone walkway. Inside and out, every architectural detail has been meticulously selected. Eden’s Gray Mist is a remarkable mountain home in one of Asheville’s finest settings.

83 Summit Tower Circle, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980
$10,000,000
5 Beds ⋅ 7 Baths ⋅ 4391419 MLS ⋅ ACTIVE Status
Set across 105.65 acres of pristine mountain landscape, this extraordinary North Asheville estate offers a rare combination of luxury, privacy, and legacy just minutes from the city's acclaimed restaurants, galleries, private clubs, and cultural attractions. Beyond the gated entrance, the estate unfolds as a private world of breathtaking mountain views, protected forests, cascading waterfalls, and exceptional craftsmanship. Designed to embrace its spectacular setting, the residence is filled with natural light, with walls of windows framing panoramic vistas from nearly every room. Expansive living spaces flow effortlessly from one to the next, creating an atmosphere equally suited for intimate evenings by the fire and grand-scale entertaining. Four gas fireplaces add warmth and character throughout, while the chef's kitchen, appointed with Viking appliances, serves as the heart of the home. The spacious owner's suite has a private sitting room with a gas fireplace, a custom dressing area, and a spa-inspired bath featuring radiant-heated floors, a half-glass cedar sauna, and a jetted soaking tub positioned to take in the beauty of the surrounding landscaping. Thoughtfully designed outdoor living spaces invite year-round enjoyment. A heated screened porch, expansive decks, multiple gathering areas, and a fire pit provide countless places to relax, entertain, and connect with nature. One of the highlights is a lighted koi pond with four cascading waterfalls, which creates a peaceful focal point, while private trails wind through the property's protected acreage. A beautifully appointed two-bedroom guest house, privately situated a few hundred feet from the main residence, offers an exceptional experience for family and guests. Located outside the city limits, it also presents the opportunity for short-term rental income, allowing owners to enjoy both flexibility and investment potential. What makes this offering truly irreplaceable, however, is the land itself. The main residence sits on four private acres and is surrounded by 95 acres of protected conservation land, ensuring the estate's beauty and privacy will endure for generations. An adjoining 6.57-acre parcel further enhances the possibilities, creating an extraordinary opportunity for a multi-generational family compound, additional guest residences, a wellness retreat, or a future legacy estate. Rarely does a property offer such a compelling combination of luxurious living, protected natural beauty, income potential, and future opportunity. More than a home, this is a place to gather, celebrate, and create a family legacy—an estate where memories are made, traditions are established, and generations can return for years to come. House and Guest house on 4.08 acres is available for $ 7,500,000

10 Beaverbrook Court, Asheville

Listing courtesy of Ivester Jackson Blackstream. Laura@IJBproperties.com
$9,750,000
9 Beds ⋅ 7 Baths ⋅ 4376732 MLS ⋅ ACTIVE Status
Atop one of the most distinguished ridge lines in Biltmore Forest, 324 Vanderbilt Road is a landmark estate of remarkable provenance, scale and architectural significance. Known as New Gunston Hall, the residence was completed in 1923 as one of the first homes ever built in Biltmore Forest and remains among the community’s iconic properties. Inspired by the historic Gunston Hall in Virginia and designed by renowned architect Waddy Butler Wood, the Colonial Revival estate is listed on the National Register of Historic Places and represents a level of craftsmanship and permanence rarely seen today. Behind its gated entrance, more than 11 acres unfold with a level of privacy, scale and presence rarely found so close to Biltmore Village and downtown Asheville, creating an extraordinary sense of arrival while remaining moments from the city’s premier dining, shopping and cultural amenities. Constructed with enduring materials including Flemish bond brickwork and slate roofing, the home spans approximately 8,688 square feet and balances historic grandeur with refined livability. Extensive renovations completed between 2013 and 2016 thoughtfully preserved the architectural integrity of the residence while incorporating modern systems, updated infrastructure and elevated finishes throughout. Rich millwork, elegant formal spaces, a distinguished library and meticulously restored details reflect the craftsmanship of another era, while the scale and flow of the home create an environment equally suited for intimate daily living and large-scale entertaining. The grounds are among the estate’s defining features. Rolling lawns, mature trees, formal gardens and exceptional privacy create the feeling of a private country estate tucked within one of the Southeast’s sought-after communities. Properties of this caliber and historical significance rarely become available, particularly within Biltmore Forest. New Gunston Hall is more than a home, it is a legacy estate with an irreplaceable place in Asheville’s architectural history.

324 Vanderbilt Road, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-989-4487
$5,500,000
4380666 MLS ⋅ ACTIVE Status
Outstanding opportunity for investors. Long term lease. 83,700 SF Building on 6.5 acres with a single business/lease of surplus building materials. Business is 20 years old. Cap rate of 9%.

195 Johnston Boulevard, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. twp@naibeverly-hanks.com
$5,450,000
5 Beds ⋅ 7 Baths ⋅ 4377090 MLS ⋅ ACTIVE Status
Tucked in the desired enclave of the Ramble, this distinguished European-inspired residence offers a refined balance of architectural elegance and effortless livability. Bathed in natural light, the home is defined by an abundance of windows that frame serene surroundings while illuminating every thoughtfully designed space. A dramatic sense of volume unfolds upon entry, where soaring vaulted ceilings and an airy, lofted upper hall create a striking visual connection between levels. The open railing above lends dimension and intimacy, enhancing the home’s graceful flow. At the heart of the residence, a gourmet kitchen invites everyday living and elevated entertaining, seamlessly blending function with timeless style. An elevator is in place for living on all levels. Just near the kitchen is a private screened porch for enjoying the overview of the property. The main-level primary suite is a private sanctuary, crowned by cathedral ceilings with exposed beams that evoke understated grandeur. Its spacious bath offers a spa-like retreat, designed for comfort and quiet indulgence. The lower level expands the home’s lifestyle appeal with an incredible wine cellar, generous recreation area, complete with a media lounge and wet bar, and gym, ideal for hosting or unwinding. From here, doors open effortlessly to the pool, creating a seamless indoor-outdoor experience ideal for year-round enjoyment. Residents of the Ramble enjoy access to an array of exceptional amenities, enriching daily life with leisure and community connection. This is a home where elegance, light and thoughtful design converge, offering a living experience as inspiring as it is enduring.

6 Stansbury Drive, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980
$5,500,000
4359264 MLS ⋅ ACTIVE Status
42 Furman Avenue represents one of the most compelling short-term rental investment opportunities in downtown Asheville—a fully licensed, purpose-built 16-unit STR asset in a market where new permits are no longer issued. Spanning approximately 8,395 square feet across three stories plus a walkout basement, the building was completely renovated to the studs and redesigned specifically for short-term rental use, delivering modern interiors, efficient layouts, and strong visual appeal for today’s guest expectations. The unit mix includes twelve one-bedroom units and four studios, all configured to maximize occupancy and revenue potential. Located less than a mile from Asheville’s core attractions—including its nationally recognized dining scene, River Arts District, and cultural amenities—the property benefits from consistent year-round demand. With dedicated parking, an active and compliant STR license, and a structure that cannot be replicated under current regulations, this asset offers a rare combination of scale, location, and operational upside for an investor seeking to establish or expand a presence in one of the Southeast’s most resilient short-term rental markets.

42 Furman Avenue, Asheville

Listing courtesy of EXP Realty LLC. tyler@savvy.realty
$8,800,000
4372988 MLS ⋅ ACTIVE Status
This 100% leased shopping center represents a stabilized investment opportunity with durable in-place income and minimal near-term leasing risk. The rent roll is comprised of a complementary mix of national brands and high-performing franchise operators, led by a top-tier franchisee of Panera Bread - with 8 years of term left, and a corporate Sleep Number location, providing a strong credit foundation. Moe's Southwest Grill recently executed a new 10-year lease, extending weighted average lease term and enhancing income security, while Blaze Pizza—operated by a seasoned franchisee—features a modern buildout with indoor/outdoor seating that supports strong unit-level performance. The property’s shared access and parking agreement with Chick-fil-A, one of the highest-volume quick-service brands in the U.S., generates consistent traffic flow and reinforces tenant sales productivity.

15-40 Peaks Center Lane, Asheville

Listing courtesy of Whitney Commercial Real Estate. jburk@whitneycre.com
$5,995,000
6 Beds ⋅ 11 Baths ⋅ 4365453 MLS ⋅ ACTIVE Status
This exceptional estate, masterfully crafted by the renowned Morgan-Keefe Builders and visionary architect Alice Dodson, represents a rare intersection of architectural pedigree and an incomparable natural setting. Perched on 2.4 private, lushly landscaped acres, this residence offers a sense of seclusion and tranquility, all while being situated in one of the area's most prestigious and quiet neighborhoods. The crown jewel of this property is its breathtaking 180-degree panoramic vista. From nearly every vantage point, you are treated to a visual symphony that includes the vibrant skyline of Downtown Asheville, the historic Grove Park Inn, the shimmering waters of Beaver Lake, and the French Broad River. The gaze extends to the iconic silhouette of Mt. Pisgah and layer upon layer of the Blue Ridge Mountains. Whether it is the morning mist rising off the river or the twinkling city lights at night, the views here are a dynamic work of art. Designed for longevity and ease of use, the primary living areas are conveniently located on the main entry level. This includes a gourmet kitchen, elegant formal and informal living spaces, and a magnificent Owner’s Suite. The main level also features expansive porches that serve as outdoor living rooms. At nearly 3000 foot elevation, the cool mountain breezes keep the bugs and heat at bay. Home will be sold fully furnished. Some exceptions on personal items.

633 Altamont View, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. billbyrne@beverly-hanks.com
$6,995,000
5 Beds ⋅ 6 Baths ⋅ 4340539 MLS ⋅ ACTIVE Status
Set along the 13th fairway of the private Biltmore Forest Country Club, this quietly commanding mountain estate is a study in craftsmanship, privacy and enduring elegance. Reached by a long, gently rising drive through mature trees, the home reveals itself on a flat, sunlit 1.71-acre homesite, where sweeping golf course and mountain views unfold with effortless grace. Designed by PLATT Architecture and built between 2017 and 2019, the stone residence offers approximately 5,000 square feet of finished living space across two levels, with an additional 3,500-square-foot lower level plumbed and planned for future expansion. The architecture is timeless yet forward-looking, Energy Star certified, geothermal heated and cooled, and supported by a whole-house generator, delivering modern performance without compromising aesthetic integrity. Inside, light and volume define the experience. Ten-foot ceilings on the main level rise to vaulted 12-foot ceilings above, while wide-plank solid oak floors, substantial millwork, and Ashley Norton bronze hardware establish a refined, tactile warmth. The great room, with its soaring beamed ceiling, stone fireplace and bespoke cabinetry, opens through French doors to an expansive stone terrace, nearly 50 feet in length, designed for seamless indoor-outdoor living against a backdrop of mountains and fairways. The main-level primary suite is a private sanctuary, offering terrace access, panoramic views, heated marble floors and dual dressing rooms with custom quarter-sawn oak cabinetry. Additional bedroom suites, one more on the main level and three above, including a second primary suite, provide exceptional flexibility for guests or multi-generational living, each with beautifully appointed marble baths and abundant natural light. At the heart of the home, the gourmet kitchen pairs custom Mason Elliott cabinetry with Brazilian granite, professional-grade appliances and a gracious breakfast area overlooking the landscape. It opens to a skylit screened porch with stone fireplace and built-in grill, an all-season retreat equally suited to intimate mornings or elegant evenings. Every detail has been considered, from the home elevator and advanced water filtration to curated lighting, integrated audio and thoughtfully designed service spaces. This is a residence of quiet confidence, where luxury is measured not by excess but by intention.

402 Vanderbilt Road, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-279-3980
$6,289,400
4308729 MLS ⋅ ACTIVE Status
Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use– affordable, work force, market rate, LIHTC– you decide. Singularly, each ownership segment presents challenges relative to: FEMA’s 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated. Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied– do NOT ride on property; agent must accompany!

Swannanoa River Road, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. markmorris@naibeverly-hanks.com
$5,475,000
8 Beds ⋅ 9 Baths ⋅ 4268471 MLS ⋅ ACTIVE Status
Discover unparalleled serenity with this private estate nestled on over four acres of curated gardens, open meadows and fern-covered forests. This enchanting property features a storybook conservancy, two charming guest cottages and an exquisite main residence. A stunning stone wall lines the property, ensuring privacy and creating an oasis that feels worlds apart—yet it's conveniently located 15 minutes from the heart of downtown Asheville. Situated within the prestigious gates of The Ramble, this estate offers a rare opportunity: the privacy and security of a gated community without the architectural or usage restrictions and currently no rental restrictions. The main residence is the ultimate mountain retreat, showcasing soaring post-and-beam ceilings, dramatic floor-to-ceiling stone fireplaces, an exquisite primary suite, a chef’s kitchen, five guest suites and over 2,000 square feet of outdoor living space with forest views. The main residence was meticulously renovated in 2022.

268 Holly Arbor Lane, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-777-6162
$8,500,000
5 Beds ⋅ 8 Baths ⋅ 4245541 MLS ⋅ ACTIVE Status
Welcome to 8 Fairway Place, where timeless architecture, exceptional craftsmanship, and refined living come together in one of Asheville’s most coveted communities. Inspired by French château elegance with subtle Tudor influences, this Griffin Architects, PA home offers both architectural distinction and comfort, just steps from the 7th fairway of the Biltmore Forest Golf Country Club. The entry hall is graced with William Morris-inspired stained-glass windows and a painted strap work ceiling that highlight the home’s architectural character. An Edwardian sunroom/parlor, filled with natural light and set with terracotta flooring, creates an inviting space for relaxation. The formal dining room features stenciled Venetian plaster and a high ceiling adorned with a decorative plaster English rose motif. The butler’s pantry, with its backlit English Art Nouveau antique stained-glass doors, opens to an expansive terrace. At the heart of the home, the soaring great hall is anchored by a striking stone fireplace framed in handcrafted woodwork, a space that is both a dramatic showpiece and a warm gathering place. Just beyond, the screened-in porch extends the living area and offers panoramic views of the lush golf course. The grounds are equally as impressive as the interiors, with thoughtful landscaping that provides year-round color and texture. Stone retaining walls and winding pathways echo the architectural detail found throughout the home’s design. From sunlit interiors to serene outdoor spaces, every detail has been carefully considered, creating an elegant and effortless living experience. More than a home, it is a lifestyle defined by sophistication, community, and the natural beauty of Biltmore Forest.

8 Fairway Place, Asheville

Listing courtesy of Preferred Properties. jbmcneil@preferredprop.com
$5,500,000
4168333 MLS ⋅ ACTIVE Status
INVESTIMENT OPPORTUNITY. Fully leased building now for sale. CAP rate is 5.56%. Great location directly on Hendersonville Rd. Fully leased by Allergy Partners, PA. for an additional 5-years beginning in 2024.

1978 Hendersonville Road, Asheville

Listing courtesy of Pulliam Properties, Inc. tlatak@pulliamproperties.com

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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