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.
Single-familyProperty Type
1904Year Built
0.73 acresLot Size
$419Price/Sq.Ft.
3 spacesParking
Listed by Hadley Goodman Cropp• Asheville Realty Group
Grove Park-Sunset, located between Downtown Asheville and the Blue Ridge Parkway, is a historic and residential Asheville neighborhood with a hillside setting and a legacy of early-20th-century architecture. The neighborhood’s character concentrates around the Omni Grove Park Inn, where stone terraces, golf greens, and lobby bustle set a resort-town cadence. Curving streets feature Craftsman bungalows, Tudor Revival details, and mature tree canopy that frames long views toward the mountains. Sunset Mountain’s climbs and overlooks shape daily routines for walkers and cyclists. The pace shifts from quiet blocks to event energy tied to the Inn’s dining and seasonal programming. Nearby green space and winding topography give the area a tucked-away feel without leaving the city grid.
Provided by Walk Score and Local Logic
Market insights
86 Edgemont Rd · $3,500,000
DAYS ON MARKET
61 days
The average home goes pending in 69 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
LIST PRICE
$3,500,000
Median list price in this area is $541,967. (85% lower than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Garden tub
Kitchen island
Pantry
Split bedroom layout
Insulated windows
Pocket doors
Has basement with interior and exterior entry
Has fireplace (gas log, gas vented) located in living room and primary bedroom
15 total rooms
Bedrooms
12 bedrooms total
3 bedrooms on the main level
5 bedrooms on the upper level
4 bedrooms on the third level
Bathrooms
12 full bathrooms total
1 half bathroom total
3 full baths on the main level
5 full baths on the upper level
4 full baths on the third level
1 half bath on the main level
Kitchen
Dishwasher
Gas oven
Gas range
Microwave
Oven
Refrigerator
Laundry & utility
Laundry room located on the main level
Washer
Dryer
Gas water heater
Flooring
Carpet
Tile
Wood
Heating & cooling
Ductless heating
Natural gas heating
Steam heating
Zoned cooling
Exterior features
Covered front porch
Terrace
Porte-cochere
Corner lot with private, wooded areas and green space
Level terrain
Publicly maintained paved and gravel road access
Home design
Single family residence
Site-built construction
Three levels
Parking
Attached carport with 3 carport spaces
Driveway parking
Electric vehicle charging station(s)
Additional parking spaces (3+)
Construction
Stone and wood construction
Basement foundation
Completed development
Utilities
City water and well available
Public sewer
Cable available
HOA & community
Not subject to HOA dues
Financial info
Property zoned RM6
Historically restricted
Other
Total living area approximately 8,357
Main level, upper level and third level living areas present
Unheated area noted (third level 113)
Directions: Charlotte Street north to right onto Edgemont; dead end at the property
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Buncombe County
APN
9649-77-5343-00000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 6, 2020.
RM6
RESOURCE MANAGEMENT OVERLAY
Residential Multi-Family Low Density District
It is the intent of the RM-6 Residential Multi-Family Low Density District to permit a limited range of low density multi-family housing types along with single-family detached and attached dwellings. This district is intended to provide a transitional area between single lower- and multi-family higher-density areas, and to provide a compatible mixture of these various housing types. Non-residential development normally required to provide the basic elements of a balanced and attractive residential area is also permitted.
Zone overlays
Resource Management Overlay
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Multiple units
Fire house
Library
Police station
Golf related
Communications tower
Cemetery
Park & open space
Historical weather
Asheville, NC • 28801
Average low and high temperatures (°F)
45
26
55
33
67
42
74
50
75
55
85
63
87
68
79
64
77
60
70
48
61
42
51
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 86 Edgemont Rd
$3,196,262
$304K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $750K to $2.1M.