tomo logo

$6,995,000

Beds
10
Baths
8.0
sq ft
11,695

7 Stuyvesant Road, Asheville, NC 28803

7 Stuyvesant Road

Asheville, NC 28803

  • 117 days on market
    • Price drop $505,000↓
Step into a marvel of architectural excellence and enduring grace, envisioned by the renowned architect Richard Sharp Smith for Burnham S. Colburn in the esteemed enclave of Biltmore Forest. Reimagined by Robert Griffin in the early 2000s, this English country Manor rests gracefully on 4.4 acres. As you approach, the estate commands attention with its poised presence amidst manicured lawns, seasonal gardens, serene water features, and panoramic views of the private golf course. Inside the 7BR/5.2BA residence, an open floor plan seamlessly connects the living spaces, fostering an inviting environment for gatherings and relaxation. The timeless elegance of the home is enhanced by the finest materials and craftsmanship, exemplifying meticulous attention to detail. Entertain with finesse in the lower-level kitchen and grilling area, complemented by a resort-style pool and expansive terrace.The property is replete with amenities,including a greenhouse, stables, and a 3BR/2BA carriage house.

Details

Property type

Single Family Residence

Est. home value

$16,477,528

Lot size

Unknown

Price per sq ft

$599

Year built

1923

Price History

05/30/2024
CanopyMLS

CanopyMLS #4115410

Price change
$6,995,000
-6.73%
03/12/2024
CanopyMLS

CanopyMLS #4115410

Listed
$7,500,000
02/01/2024
CanopyMLS

CanopyMLS #3720073

Removed
$7,500,000

Schools & Community

Elementary school: 

Estes/Koontz

Middle school: 

Valley Springs

High school: 

T.C. Roberson

Community features: 

Playground, Street Lights

Seller’s Loan History

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

Lender

Comerica Bank

Loan start date

March 2004

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Commercial

Seller

Kenneth R Wilkes and Ellen Harison Wilkes

Lender

Mountainbank Asheville

Loan start date

February 2002

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

7.16%

Loan type

Credit Line (Revolving), 1 year

Seller

Kenneth R Wilkes and Ellen Harison Wilkes

Lender

Mountainbank Asheville

Loan start date

December 2001

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

6.56%

Loan type

Credit Line (Revolving)

Seller

Kenneth R Wilkes and Ellen Harrison Wilkes

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: 07/07/2024 at 5:30 PM

Listing updated: 06/05/2024 at 1:43 PM

Listed by: Marilyn Wright, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #4115410

CanopyMLS logo

Recently listed in Asheville

$789,000|5 bd|3.5 ba|House
$614,900|3 bd|2.0 ba|House
$595,000|4 bd|4.0 ba|House
$485,000|3 bd|3.0 ba|Townhouse
$735,000|4 bd|3.0 ba|House
$375,000|3 bd|2.0 ba|House