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Off market
  • $1,863,800

    254 Cumberland Ave, Asheville, NC 28801

    7beds
    4,500sqft
    SingleFamily
    Built in 1902
    0.67 Acres Lot
    $1,863,800 Zestimate®
    $414/sqft
    $3,859 Estimated rent

    Home value

    $1,863,800

    $1.62M - $2.14M

    $3,859/mo

    Zestimate® history
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    $3,859/mo

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    $3,859/mo

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    $10,723/mo

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    $10,723/mo

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    What's special

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Basement
    Features
    • Ceiling Fan(s), Breakfast Bar, Kitchen Island, Soaking Tub, Wired for Data, Cable Available
    • Flooring: Tile, Hardwood
    • Windows: Skylight(s), Window Treatments
    • Basement: Partially finished
    • Attic: Permanent Stairs, Finished
    • Has fireplace: Yes
    • Fireplace features: Living Room, Master Bedroom, Gas Log, Other, Natural Gas
    Interior area
    • Total interior livable area: 4,500 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.67 Acres
    • Features: Private, Trees, Other - See Media/Remarks, Artificial Waterfall
    • Topography: Rolling
    Details
    • Parcel number: 964904509400000
    • Zoning: rs8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • Foundation: Piers
    • Roof: Composition
    Condition
    • Year built: 1902

    Utilities & green energy

    • Water: City Water
    • Utilities for property: Cable Available, Natural Gas

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Asheville

    Financial & listing details

    • Price per square foot: $414/sqft
    • Tax assessed value: $975,300
    • Annual tax amount: $10,714

    Price history

    DateEventPrice
    4/14/2022Sold$1,600,000-5.9%$356/sqft
    Source: Canopy MLS as distributed by MLS GRID #3822303 Report a problem
    2/16/2022Contingent$1,700,000$378/sqft
    Source: Canopy MLS as distributed by MLS GRID #3822303 Report a problem
    1/31/2022Listed for sale$1,700,000+17.2%$378/sqft
    Source: Canopy MLS as distributed by MLS GRID #3822303 Report a problem
    4/8/2021Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #3672342 Report a problem
    1/7/2021Listed for sale$1,450,000$322/sqft
    Source: Canopy MLS as distributed by MLS GRID #3672342 Report a problem
    12/29/2020Listing removed--
    Source: Beverly-Hanks & Associates, Inc. Report a problem
    10/15/2020Listed for sale$1,450,000+16%$322/sqft
    Source: Beverly-Hanks Downtown Asheville #3672342 Report a problem
    6/30/2017Sold$1,250,000+303.2%$278/sqft
    Source: Canopy MLS as distributed by MLS GRID #NCM585050 Report a problem
    6/24/1999Sold$310,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,714 +6.3%$975,300
    2024$10,076 +9.8%$975,300 +7.1%
    2023$9,176 +1%$911,000
    2022$9,084 $911,000
    2021$9,084 -1.9%$911,000 +6%
    2020$9,261 $859,200
    2019$9,261 $859,200
    2018$9,261 $859,200 +28%
    2017$9,261 -0.9%$671,000
    2016$9,347 +38.7%$671,000
    2015$6,739 $671,000 +66.3%
    2010-- $403,400
    2009-- $403,400
    2007-- $403,400
    2006-- $403,400 +24.5%
    2005-- $324,000
    2004-- $324,000
    2003-- $324,000
    2002-- $324,000 +51%
    2001-- $214,500
    Find assessor info on the county website

    Neighborhood: 28801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Claxton
    • Middle: Asheville
    • High: Asheville

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,863,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,863,800