Historic Montford Residence Sells For $1.7 Million

Written by Posted On Wednesday, 27 April 2022 14:12

ASHEVILLE, N.C. (April 27, 2022) — A historic home in Montford has sold for $1.7 million. Located at 254 Cumberland Avenue, the stately residence is listed on the National Register of Historic Places and is nestled on an oversized lot just moments from downtown Asheville. The listing was marketed and sold exclusively by Millie Farmer of Premier Sotheby’s International Realty’s Asheville office.

Built circa 1902, the lot was originally purchased in 1898 by the well-known Judge Henry B. Stevens and the home was then sold to the McFerrens — Pingree McFerren worked as a conductor with B&O Railroad. The six-bedroom, seven-and-a-half-bath estate boasts an array of unique features from quilted maple wood on the staircase, trim and fireplace surrounds to authentic 16-over-1 diamond pattern windows. A welcoming porch provides the perfect perch for cozy evenings while a deck off the kitchen overlooks the serene tree-lined setting. The property includes a koi pond with waterfall and arched bridge.

A prominent local, Judge Stevens acquired a considerable portion of Biltmore Village from Edith Vanderbilt in 1920. The home’s second owners, the McFerrens, also commissioned another architecturally significant property in the neighborhood on Panola Avenue. 

“This historically significant home presented a rare opportunity to own a piece of North Carolina’s past," said Millie Farmer. "Meticulously maintained, its classic charm and infinite potential appealed to the discerning buyer seeking a one-of-a-kind estate near Asheville’s vibrant arts and cultural scene.”

 

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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