tomo logo

$1,795,000

Beds
11
Baths
9.5
sq ft
5,304

77 Kenilworth Road, Asheville, NC 28803

77 Kenilworth Road

Asheville, NC 28803

  • 1 day on market
Currently operating as a "Commercial" Bed & Breakfast (Sweet Biscuit Inn.) Located in the highly desirable Kenilworth neighborhood just minutes from downtown and a short drive from the Blue Ridge Parkway. Although considered a medium sized Bed & Breakfast, this property would be a very large single family home. The main house features 7 BR and 7 1/2 Bath with a 2 BR, 1 Bath "Innkeepers Suite" on the 3rd floor AND a separate 2 BR, 1 Bath guest house perfect for long or short term rentals. This beautifully maintained B&B is fully operational and includes everything you need to continue a successful hospitality business, including a steady stream of returning guests and positive reviews. This property was renovated from top to bottom with a large sun-lit kitchen and commercial grade appliances. Whether you’re looking to make a lifestyle change, expand your hospitality portfolio, or start a new chapter, this charming B&B offers the perfect setting for both guests and owners alike.

Details

Property type

Single Family Residence

Est. home value

$1,940,796

Lot size

Unknown

Price per sq ft

$339

Year built

1924

Price History

11/13/2024
CanopyMLS

CanopyMLS #4199738

Listed
$1,795,000
09/16/2024
CanopyMLS

CanopyMLS #3927213

Removed
$1,795,000
06/24/2024
CanopyMLS

CanopyMLS #3927213

Price change
$1,795,000
-2.97%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

Providence Bank

Loan start date

January 2020

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Future Advance Clause / Open End Mortgage

Seller

77 Kenilworth Llc

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: 11/14/2024 at 5:05 PM

Listing updated: 11/14/2024 at 11:25 AM

Listed by: Jim Buff, Keller Williams Professionals Phone #: (828) 254-7253

MLS: CanopyMLS #4199738

CanopyMLS logo

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