177 Cumberland Ave, Asheville, NC, 28801

$3,150,000

11 Bedrooms
11 Full Baths, 1 Partial
6,450 SqFt
$488/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached Garage, Parking Space(s)
Year Built1901
HeatingBaseboard, Central, Ductless, Other
CoolingCeiling Fan(s), Central Air, Ductless, Wall Unit(s), Other
BasementYes
WaterfrontNone
FireplaceElectric, Family Room, Gas, Gas Unvented, Great Room, Keeping Room, Living Room, Primary Bedroom, Other - See Remarks
MLS #4116506
StatusActive

About 177 Cumberland Ave

Nestled in the coveted Historic Montford district, this property offers a rare opportunity to own a piece of history on an one acre, flat lot. Designed by the renowned builder Richard Sharp Smith, Senior Supervising Architect of the Biltmore Estate, this home showcases exquisite craftsmanship and timeless elegance. Smith's distinctive style, characterized by pebble-dash exterior and high-pitched roofs, is beautifully preserved in this Arts & Crafts Style house. Smith's influence extends beyond this property to locations throughout Asheville and Western NC. Notable examples include the Basilica of St. Lawrence and the Asheville Masonic Temple, showcasing his unparalleled architectural vision and enduring legacy. Boasting an award-winning bed and breakfast, this meticulously designed estate features a fully equipped commercial kitchen, 8 guest suites and a cottage. This property is perfect for welcoming visitors seeking a tranquil retreat offering a turn key investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Arts and Crafts
  • Year Built: 1901
  • Living Area: 6,450 SqFt

Listing Office:

  • Office Name: Century 21 Connected

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer/Dryer, Other
  • Basement: Yes
  • Flooring Type: Bamboo, Wood
  • Interior: Attic Other, Built-in Features, Kitchen Island, Pantry, Storage
  • Fireplace: Electric, Family Room, Gas, Gas Unvented, Great Room, Keeping Room, Living Room, Primary Bedroom, Other - See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 11
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Waterfront: None

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Detached Garage, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Baseboard, Central, Ductless, Other
  • Cooling: Ceiling Fan(s), Central Air, Ductless, Wall Unit(s), Other

School Info

Assigned Schools Information:

  • School of Inquiry and Life Sciences, Public District Grades 9-12
  • Asheville High School, Public District Grades 9-12
  • Asheville Middle School, Public District Grades 6-8
  • Isaac Dickson Elementary School, Public Magnet Grades KG-5
  • Claxton Elementary School, Public Magnet Grades KG-5
  • Ira B Jones Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: GPS will navigate you to the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000
  • Price Per SqFt: $488/SqFt

Tax Information:

  • Annual Amount: $11,293
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Asheville, NC.

Med. Sold Price

$487.9K

Med. Price/SqFt

$307

Avg. Days On Market

54

# of Sold Homes

143

177 Cumberland Ave vs Asheville

40 DAYS ON ROCKET

-14 Days

$3,150,000

+$2.6M More

$488/SqFt

+$180 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $180/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4116506

Listing Office:

  • Office Name: Century 21 Connected

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:21:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2018Home Sold
$1,365,000
Sep 11, 2009Home Sold
$771,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,293$1,161,800
2020$11,293$1,047,700
2019$11,293$940,600
2017$10,233$940,600

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1580650
4
/10
  • Isaac Dickson Elementary School

  • 125 Hill St

  • 0.55 miles

  • Public Magnet Grades KG-5

school-card-donut-1580651
4
/10
  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.59 miles

  • Public Magnet Grades KG-5

school-card-donut-1580652
5
/10
  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.99 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1580653
3
/10
  • Asheville Middle School

  • 197 S French Broad Ave

  • 1.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1580654
7
/10
  • School of Inquiry and Life Sciences

  • 419 Mcdowell St

  • 2.16 miles

  • Public District Grades 9-12

school-card-donut-1580655
6
/10
  • Asheville High School

  • 419 Mcdowell St

  • 2.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,727. Typical income of Asheville, NC residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 177 Cumberland Ave

What is the listing price of this property?

The listing price of 177 Cumberland Ave property is $3,150,000.

What type of property is this?

The property 177 Cumberland Ave is a house located in Asheville, North Carolina, 28801.

Is this property for sale now?

Active Listing: 177 Cumberland Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 177 Cumberland Ave are:
Isaac Dickson Elementary School: GreatSchools Rating 4/10
Claxton Elementary School: GreatSchools Rating 4/10
Ira B Jones Elementary School: GreatSchools Rating 5/10
Asheville Middle School: GreatSchools Rating 3/10
School of Inquiry and Life Sciences: GreatSchools Rating 7/10
Asheville High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,293 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2018 for $1,365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 177 Cumberland Ave has 11 bedrooms and 11 full and 1 half bathrooms.

What is the square footage of this property?

The property 177 Cumberland Ave is 6,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 177 Cumberland Ave is 1901.
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Rocket HomesNorth CarolinaBuncombe CountyAsheville28801177 Cumberland Ave

This home is located at 177 Cumberland Ave in Asheville, NC and zip code 28801 in the Historic Montford neighborhood. This 6,450 square foot home was built in 1901. Features: 11 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $3,150,000.

Asheville, NC housing market in March 2024 saw over 31 listings sold above listed price, more than 29 sold at listed price and over 83 sold below. The number of listings in Asheville, NC increased by 13% between February 2024 and March 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $487,985 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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