86 Edgemont Road Asheville, NC 28801 -- MLS# 4375523
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Property Description
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 and 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.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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