86 Edgemont Road, Asheville, NC
$3,500,000 · 12 bedrooms · 13 baths · 8,357 sq ft · built 1904
Listing courtesy of Asheville Realty Group (Hadley Goodman Cropp). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
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.
Price in context
- Asking $419 per square foot.
- That is 45% below the $757 median across 35 active $1.5M+ homes in Asheville.
- 26th highest asking price of 35 active $1.5M+ homes in Asheville.
- 9th largest by living area of the 32 with a recorded size.
- No price changes since it was listed.
- 18 days on the market, listed 2026-07-13.
- County tax assessment $1,742,700; the asking price is 2.01× the assessed value.
Location
Neighborhood: Grove Park, Buncombe County, ZIP 28801.
Assigned schools
- Elementary: Asheville City
- Middle: Asheville
- High: Asheville
School assignments come from the listing and can change; confirm with the district.
Features
- Style
- European
- Levels
- Three
- Construction
- Stone, Wood
- Roof
- Architectural Shingle
- Bathrooms
- 12 full, 1 half
- Basement
- Exterior Entry, Interior Entry
- Fireplace
- Yes
- Interior
- Garden Tub, Kitchen Island, Pantry, Split Bedroom
- Flooring
- Carpet, Tile, Wood
- Kitchen & appliances
- Dishwasher, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
- Heating
- Ductless, Natural Gas, Steam
- Cooling
- Zoned
- Parking
- Attached Carport, Driveway, Electric Vehicle Charging Station(s), Parking Space(s)
- Exterior
- Porte-cochere
- Lot
- Corner Lot, Green Area, Level, Private, Wooded
- County
- Buncombe
Comparable homes on the market
- 2108 River Hill Road, Murphy — $22,000,000, 1.2 mi away
- 23 Rankin Avenue #302, Asheville — $3,250,000, 3 bd, 4,770 sq ft, 1.4 mi away
- 7 Patton Avenue #1605, Asheville — $3,380,000, 3 bd, 2,104 sq ft, 1.5 mi away
- 60 Haywood Street #4A, Asheville — $3,995,000, 3 bd, 2,652 sq ft, 1.5 mi away
- 234 Skycliff Drive, Asheville — $8,500,000, 4 bd, 12,046 sq ft, 1.8 mi away
- 161 Church Street #703, Asheville — $3,425,000, 3 bd, 2,714 sq ft, 1.8 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.