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$949,000
8 Beds ⋅ 4301849 MLS ⋅ ACTIVE Status
HISTORIC CHARMER SEEKS LOVING NEW OWNER. Beautiful, 7-unit building in Kenilworth on a flat lot with loads of architectural personality. Have you been looking for a cool investment property in a prime location? This is the one! Centrally located near schools, hospitals, downtown Asheville, and Biltmore Village. Complete with a coin laundry, common spaces, and off-street parking. It's an elegant and distinguished building with solid 'bones' that's ready for its next chapter in ownership!

15 Grindstaff Drive, Asheville

Listing courtesy of Patton Allen Real Estate LLC. brent@pattonallenre.com
$2,100,000
11 Beds ⋅ 12 Baths ⋅ 4280409 MLS ⋅ ACTIVE Status
Nestled in Asheville’s historic Montford district, the Jackson-Peyton House is a rare gem designed by renowned architect Richard Sharp Smith (original plans available upon request). This remarkable property includes both the main residence and a charming carriage house, surrounded by meticulously landscaped English gardens. Enjoy the best of both worlds: a peaceful setting with mountain views from the classic Southern front porch, just a short walk to vibrant downtown Asheville. Thoughtfully renovated to offer all modern amenities, the property currently operates as a top-rated B&B. This extraordinary historic masterpiece is ready to welcome its next steward.

46 Cumberland Circle, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-215-5543
$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
$4,400,000
7 Beds ⋅ 12 Baths ⋅ 4208358 MLS ⋅ ACTIVE UNDER CONTRACT Status
Welcome to 122 College Street—a rare opportunity to acquire a turnkey mixed-use asset directly on Pack Square with commercial income in place. No other properties can match the pairing of high-quality luxury residences with dependable commercial income—at a compelling basis of $387 per SF. All major capital improvements are complete. Offered fully furnished, the property is ready for immediate use or income generation. Upper floors feature two 2BR/2BA units and a 3BR/3.5BA luxury penthouse, all accessed via private entrance. Highlights include exposed brick, high ceilings, large windows with city and mountain views. The penthouse has 25’ ceilings, a 380 SF loft, and the only private rooftop terrace overlooking Pack Square Park, a truly spectacular amenity. Below the residences are two fully leased commercial spaces: a 3,000 SF street-level restaurant with a full commercial kitchen and a 3,000 SF lower-level bar, providing dependable income in one of Downtown Asheville’s most visible and active locations. Ownership options include holding as a turnkey mixed-use investment, occupying or leasing the residences, or pursuing a condominium conversion strategy with potential to resell individual units at pricing more consistent with Downtown Asheville’s luxury residential market. Currently offered at $4,600,000 | $387 per square foot.

122 College Street Unit #201-202-301, Asheville

Listing courtesy of Whitney Commercial Real Estate. jharrison@whitneycre.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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