1891 CEDAR CREST INN
Asheville, NC

The 1891 Cedar Crest Inn has the three key elements any innkeeper could hope for -- Location, reputation and private, separate innkeepers’ quarters! These factors, combined with guest room variety and features, recent enhancements and expansion opportunities, make this an excellent investment.

Ideally located in the city of Asheville, just three blocks from the Biltmore Estate gates, this historic mansion and carriage house sit on 2.5 prime acres of terraced gardens and mature trees.  The main house has eight guest rooms and two suites, while the carriage house has three rooms and one suite.  Interior spaces and exterior settings led themselves beautifully to small weddings, special events, and gatherings. Several convenient parking areas are immediately adjacent to each of the buildings.

This historic home has been capturing the eye of passersby for over 116 years.  As one of the first bed and breakfasts established in Asheville, this beautiful Queen Anne has delighted guests and won the hearts of visitors for more than 25 years, with her magnificent architecture, comfortable atmosphere, attentions to details and genuine southern hospitality.

For the aspiring innkeeper, Cedar Crest has far more to offer than the average bed and breakfast:

LOCATION:  Cedar Crest is strategically positioned in the city of Asheville...

• Three blocks to the Biltmore Estate entrance (the area’s most popular attraction)

• Two blocks' walking distance to Historic Biltmore Village

• Just 1.2 miles to the center of downtown Asheville (Pack Square/City County Plaza)

• Four miles to the Blue Ridge Parkway & one mile from Interstate 40 (mail travel route)

All this, and just minutes away from the dozens of restaurants , galleries, antique and boutique shops, cultural and outdoor activities that visitors are looking for and wanting to experience.

REPUTATION:  Established in 1984, the 1891 Cedar Crest Inn enjoys not only local and regional recognition, but is consistently chosen by Fodor’s and Frommer’s travel guidebooks as a top pick.  Returning guest and referrals (25%) generously enhance the client base, while numerous national and international publications have sought out and featured the inn’s architectural grandeur, outstanding hospitality, service, breakfasts and treats (i.e. Southern Lady, Old House Interiors, Victorian Decorating, Tea Time, The London Times, and more)

Note:  The master suite and first floor bedroom were added in the late 1990’s with flexible floor plan features, and the potential for creating two additional rental units.

KEY FEATURES:

• Turnkey operation

• Nine guest rooms and five suites

• Spacious first floor verandah offers additional common area and dining option, plus, private verandah for 2 guest suites

• Owner/Innkeeper apartment

• Three Fireplaces in common areas, seven fireplaces in guest rooms/suites

• All private baths (ranging from showers to clawfoot tubs to whirlpools)

• Cable TV and wireless internet access

• Kitchen equipped with commercial grade appliance (eight years old or newer)

• All laundry appliances replaced within last four years

• All buildings newly painted.

• Zoned for restaurant

PRICE:  

$2,790,000.00  Inn & Carriage House/2.5 commercial acres
$290,000.00  Cottage - two units
$75,000.00/each - three lots
Some owner financing

Contact Agent Connie Munden
800-963-4197

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