$5.1 Million Georgian Estate is Highest-Priced Residential Sale in History of North Asheville

Written by Posted On Tuesday, 02 November 2021 13:55

ASHEVILLE, N.C. (November 2, 2021) — An exceptional Georgian estate has sold for $5.1 million — it is the highest-priced residential sale in the history of North Asheville. Nestled on a gated, one-acre property, this stately four-story home offers one of the area’s most coveted lifestyles. Encompassing 17,850 square feet of heating living space, the residence is crafted with the finest materials and elegant finishes. Located at 259 Midland Drive, the listing was marketed exclusively by Marilyn Wright of Premier Sotheby’s International Realty’s Asheville office.

Guests are welcomed through a grand foyer with mahogany woodwork and a stunning stairway. Offering six bedrooms, 10 full baths and five partial baths, the home is a perfect blend of luxury and privacy. The main level showcases an incredible chef’s kitchen, complete with custom mahogany cabinetry, high-end appliances and a 20-bottle wine cooler. A dramatic conservatory is crafted with a Tiffany window with draped glass, while the sunroom features a fireplace with a 19th-century American mantel.

Exceptional appointments abound: an indoor natatorium includes a heated saline pool and spa, as well as two full baths with dressing rooms; a 1920s, fully functional ice cream bar is appointed with a sink, dishwasher, refrigerator/freezer and ice maker; the game room is equipped with a 20-foot antique American oak back bar and eight-seat front bar; a distinguished library is built with mahogany bookcases and features a 19th-century German mantel; the home theater seats 15 people; a Scandinavian steam sauna complements an exercise room; and a 1,000-bottle, climate-controlled wine cellar includes hidden access behind the exercise/game room TV cabinet. 

A full outdoor pavilion showcases a complete kitchen with seating for 12, a stone gas fireplace and an outdoor patio for 32. The extensive gardens are enhanced by a koi pond, bronze fountain and waterfall, irrigation system and lighting. A jaw-dropping domed observatory has a 360-degree rotation to stargaze, while 2,100 feet of terraces boast breathtaking views of Mt. Pisgah and Cold Mountain. 

Wright is ranked No. 1 on the list of AVL Top 100 REALTORS® and is the No. 5 individual agent in 
North Carolina based on sales volume (REALTrends). She has dominated the luxury market with 
record-breaking sales. In September, she brought the buyer to the $9.5 million estate at 2 Aboretum Road in Biltmore Forest, the most expensive residential sale in Western North Carolina. The week before, she closed on the previously highest-priced home in the 
region: She co-listed the $9.3 million farmhouse estate at 3903 Island Ford Road in Brevard with John Witherspoon of Witherspoon Platt Associates, and also represented the buyer in that sale. In 2020, her listing at 398 Vanderbilt sold for $7.7 million — the highest residential sale in the history of the region at the time. 

“This architectural gem commanded a record-breaking price because of its timeless design, unmatched level of craftsmanship and ideal location," said Marilyn Wright of Premier Sotheby's International Realty. "Meticulously maintained, its array of custom features and resort-style amenities attract a discerning buyer who wanted the best of both worlds: a private retreat near Asheville’s abundant cultural offerings.”

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964. For more information, visit premiersothebysrealty.com.

 

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