tomo logo

$2,795,000

Beds
6
Baths
4.5
sq ft
5,219

28 Cedarcliff Road, Asheville, NC 28803

28 Cedarcliff Road

Asheville, NC 28803

  • 1 day on market
Nestled on nearly 2 acres in the prestigious Biltmore Forest neighborhood, this stunning 1926 Colonial blends timeless elegance with thoughtful modern updates. Rich in history and character, the home features five spacious bedrooms, three full baths, and a beautifully renovated gourmet kitchen ideal for both everyday living and entertaining. From the classic architectural details to the expansive grounds, every inch of this property exudes charm. Recent updates enhance its livability while preserving its historic integrity. Also included is a recently updated guest house—perfect for visitors, extended stays, or a private retreat—offering comfort, style, and added flexibility. This is a rare opportunity to own a piece of Biltmore Forest’s history with all the conveniences of today.

Details

Property type

Single Family Residence

Est. home value

$2,260,362

Lot size

Unknown

Price per sq ft

$536

Year built

1926

Price History

04/05/2025
CanopyMLS

CanopyMLS #4243429

Listed
$2,795,000
+86.33%
10/07/2019
CanopyMLS

CanopyMLS #3364572

Sold
$1,500,000

Schools & Community

Elementary school: 

Estes/Koontz

Middle school: 

Valley Springs

High school: 

T.C. Roberson

Community features: 

Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,800,289
Asking price
$2,795,000
Closing costs (~8% of asking)
-$223,600
Est. remaining loan balance
-$771,111
Cash to seller
$1,800,289

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

October 2019

Original loan amount

$1,125,000

Est. remaining balance

$771,111

Interest rate

3.07%

Loan type

New Conventional, 15 year

Seller

Derek Weilbaecher and Angela S Weilbaecher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 7:50 AM

Listing updated: 04/06/2025 at 4:11 PM

Listed by: Brett Dunleavy, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4243429

CanopyMLS logo

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