Listing Office: Nest Realty Asheville
$2,550,000 List price
288 Montford Ave Asheville, NC 28801
9 beds
9 full, 1 partial
5,000 sqft
$510 / sqft
House
Property details
About 288 Montford Ave
Licensed and operated as a "Commercial" Bed & Breakfast Inn. This 9 bedroom property has 6 bedrooms in the and 2 bedrooms in Cottage. Additionally, there is a 1 bedroom suite in the Cottage for the Owner and or managing Innkeeper. This Historic structure is one of the most significant structures in the City of Asheville located in the center of the Montford Historic District. Although considered a medium sized Bed & Breakfast this structure would be a very large Single family home. Black Walnut Bed & Breakfast Inn was designed and built by the supervising architect for The Biltmore Estate, Richard Sharp-Smith, in 1899. The Inn is beautifully maintained and has retained its historic character and charm, with half-timbering pebbledash walls, original diamond-paned windows and corner turret. Modern improvements such as air conditioning, Wi-FI, and private bath en-suites, have been added to the Inn without sacrificing the original quality, workmanship, and details.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size5,000 sqft
BasementYes
Year built1899
ParkingDriveway, On Street, Parking Lot, Parking Space(s)
MLS #4092198
FireplaceElectric, Gas, Gas Log
ViewCity
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 9
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Electric Water Heater, Exhaust Fan
- Basement: Yes
- Flooring Type: Tile, Wood
- Interior: Cable Prewire
- Fireplace: Electric, Gas, Gas Log
- Total Bedroom Count: 9
- Attached Garage: No
- Parking: Driveway, On Street, Parking Lot, Parking Space(s)
- View: City
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $2,550,000
- Price/SqFt: $510
- Annual Tax Amount: $17,058
- Tax Year: 2024
- Directions: From I-240 take EXIT 4C toward Montford Avenue. Go west approximately 1/2 mile and the Inn is located on your left. Turn left on Waneta Street then a right into the Inn's drove way and park between the Inn and the cottages.
- Year Built: 1899
- Living Area: 5,000 SqFt
- MLS Number: 4092198
- Office Name: Berkshire Hathaway HomeServices Great Smokys Rlty
- Office Email: rob@baystreetrealtygroup.com
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288 Montford Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 19, 2019 | Home Sold | $2,275,000 |
| Jan 07, 2004 | Home Sold | $1,325,000 |
| Jan 06, 2004 | Home Sold | $1,325,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,651,200 | $17,058 |
| 2023 | $1,651,200 | $16,630 |
| 2022 | $1,651,200 | $16,465 |
| 2021 | $1,651,200 | $16,465 |
| 2020 | $1,566,500 | $16,885 |
| 2019 | $1,566,500 | $16,885 |
| 2017 | $1,566,500 | $17,041 |
History based on county public records data.
Nearby schools
3
Isaac Dickson Elementary School
Public Magnet PK-5
0.6 mi
•125 Hill St
4
Claxton Elementary School
Public Magnet KG-5
0.8 mi
•241 Merrimon Ave
5
Emma Elementary School
Public District KG-4
1.5 mi
•37 Brickyard Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,727. The majority of Asheville, NC residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
10%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 288 Montford Ave
The listing price of 288 Montford Ave property is $2,550,000.
The property 288 Montford Ave is a house located in Asheville, North Carolina, 28801.
Active Listing: 288 Montford Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 288 Montford Ave are: Isaac Dickson Elementary School (GreatSchools Rating 3/10), Claxton Elementary School (GreatSchools Rating 4/10), Emma Elementary School (GreatSchools Rating 5/10), Montford North Star Academy (GreatSchools Rating 6/10), Asheville Middle School (GreatSchools Rating 4/10), Francine Delany New School (GreatSchools Rating 8/10), Nesbitt Discovery Academy (GreatSchools Rating 9/10), Asheville High School (GreatSchools Rating 6/10), School of Inquiry and Life Sciences (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $17,058 (source: MLS/based on county public records data).
The last sale was on December 19, 2019 for $2,275,000 (source: MLS/tax record).
The property at 288 Montford Ave has 9 bedrooms and 9 full and 1 half bathrooms.
The property 288 Montford Ave is 5,000 SqFt (source: MLS/tax record).
The year of construction for 288 Montford Ave is 1899.
This home is located at 288 Montford Ave in Asheville, NC and zip code 28801 in the Historic Montford neighborhood. This 5,000 square foot home was built in 1899. Features: 9 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 1, 2024 and is currently priced at $2,550,000.
Asheville, NC housing market in April 2025 saw over 22 listings sold above listed price, more than 34 sold at listed price and over 84 sold below. The number of listings in Asheville, NC increased by 24.7% between March and April 2025. Listings spent 37 days on the market in April 2025, and had a median list price of $505,204 during the same period.
From Rocket Homes Real Estate and based on county public records data.