Property listing for 178 Montford Ave, Asheville, NC 28801
ActiveSingle Family Home

$1,600,000

178 Montford Ave, Asheville, NC 28801

Renovated Montford Victorian with Detached Studio & Large Yard

4 Bed · 4 Bath · 3,164 Sq Ft

Historic character, modern renovations, walkable to downtown Asheville.

4

Beds

4

Baths

3,164

Sq Ft

1905

Built

0.25 acres

Lot

No garage; driveway and on-street parking

Garage

About 178 Montford Ave

A distinguished Montford address and thoughtful renovations make 178 Montford Ave a rare downtown Asheville offering. Built in 1905 and lovingly updated, this Arts & Crafts/Victorian home balances original architectural presence with contemporary finishes over approximately 3,164 finished square feet. Enter through a welcoming front porch into a spacious foyer and a series of generously scaled rooms ideal for entertaining. The chef-oriented eat-in kitchen features abundant maple cabinetry and quartz countertops that open to a covered porch and outdoor dining patio—perfect for year-round gatherings.

The main and second levels include three large bedrooms, highlighted by a primary suite with walk-in closet and an oversized primary bath. Across the home there are four renovated bathrooms executed in classic, era-appropriate designer style — note the marble floors and an expansive soaking tub in the guest/hall bath. A sunroom captures evening sunsets and functions beautifully as a home office, studio, or reading room. The third floor is a flexible hangout/bedroom with great headroom and character, ideal as a private guest suite or creative loft.

Outside, the property unfolds across a deep lot (approx. 10,890 SF) to reveal multiple outdoor rooms: two covered porches, a concrete patio for al fresco dining, a large backyard with a firepit and planting beds. The property’s standout asset is the separate 500+ SF studio with its own entrance and a full bath featuring a new clawfoot tub — excellent for short-term rental income, a private guest suite, artist’s studio, or home office.

Montford’s tree-lined streets, nearby Montford Park (tennis courts and summer performances), and immediate access to top local restaurants such as Tall John and Nine Mile position this home in one of Asheville’s most sought-after historic neighborhoods. With turnkey condition, modern systems (as represented), and a flexible detached studio, 178 Montford Ave is a compelling opportunity for buyers seeking historic charm plus contemporary living a short walk from downtown amenities.

Home Highlights

Fully renovated historic Montford Victorian (1905)Detached 500+ SF studio with separate entrance and clawfoot tubLarge private lot with multiple outdoor entertaining areasChef's kitchen, four designer bathrooms, sunroom and third-floor livingPrime Montford location — under a mile to downtown Asheville

Property Features

Interior Features

  • Approx. 3,164 SF of finished space
  • 4 bedrooms, 4 renovated bathrooms
  • Chef-style eat-in kitchen with maple cabinetry and quartz counters
  • Primary suite with walk-in closet and large primary bath
  • Sunroom with sunset views — suitable for office/art/yoga studio
  • Third-floor flexible hangout room / bedroom
  • Period details mixed with contemporary finishes

Exterior & Lot

  • Large lot ~10,890 SF (approx. 0.25 acre)
  • Welcoming front porch and two covered porches
  • Concrete patio for outdoor dining and entertainment
  • Huge backyard with firepit
  • Detached 500+ SF studio with separate entrance and full bath

Location & Neighborhood

  • Montford Historic District — highly desirable downtown-adjacent neighborhood
  • Under 1 mile to downtown Asheville attractions
  • Steps to Montford Park (tennis courts and outdoor events)
  • Close proximity to local restaurants: Tall John, Nine Mile

Walkability & Recreation

  • Walkability Rating: 92/100
  • Short walk to parks, cafes, galleries and downtown nightlife
  • Easy access to the Blue Ridge Parkway and local trails within 10–20 minutes by car

Neighborhood & Location

Montford is one of Asheville’s most cherished historic districts — tree-lined streets, ornate period homes, and a strong community identity. Residents enjoy easy walking access to Montford Park, local restaurants, art galleries and the lively downtown scene. The neighborhood blends preservation-minded homeowners with a vibrant cultural calendar, including outdoor performances and neighborhood events.

Market Insights

Montford remains one of Asheville’s strongest micro-markets for historic, walkable homes. As of early 2026 the broader Asheville market has normalized after the pandemic-era surge; median citywide prices are modest compared with prime Montford values. Downtown-adjacent, renovated historic homes like this typically trade at a significant premium to city averages due to scarcity and lifestyle demand. Inventory in Montford tends to be tight; well-presented homes attract buyer attention quickly and often sell within weeks. For investors, demand for unique rental product near downtown is steady, but verify local short-term rental regulations. For owner-occupiers, this house offers long-term value retention; for investors, the detached studio provides optional income to improve yield. Overall, pricing at $1.6M is inline with premium historic comparables, and buyers should anticipate a competitive showing environment for turnkey properties in this pocket.

Nearby Schools

Claxton Elementary

Elementary · 0.3 mi

7/10

Asheville Middle School

Middle · 0.8 mi

6/10

Asheville High School

High · 1.2 mi

6/10

Walkability & Recreation

92
Walkability
88
Recreation

Excellent access to local parks (Montford Park), pedestrian routes to downtown, and proximity to regional outdoor attractions and trails within a short drive.

Investment Highlights

  • Large historic home (3,164 SF) plus detached 500+ SF studio — flexible use and rental potential.
  • Prime Montford Historic District location — highly walkable to parks, restaurants, and downtown (under 1 mile).
  • Comprehensive interior renovations: chef's kitchen, four renovated baths with premium finishes (marble, quartz).
  • Generous lot (~0.25 acre) with multiple outdoor entertaining areas including firepit and concrete patio.
  • Turnkey condition for buyers seeking a move-in-ready historic home with period charm and modern systems (seller-represented as renovated).

Key Findings

  • List price: $1,600,000 (price per SF reported at $506).
  • 4 beds, 4 baths, 3,164 SF main house; built in 1905 (Arts & Crafts/Victorian).
  • Detached 500+ SF studio with separate entrance adds utility and value (guest suite or income unit).
  • Located in Montford Historic District — regulatory review likely required for exterior changes.
  • Days on market: 5 (as of scrape) — strong initial market interest.

Things to Consider

  • Historic overlay may limit exterior expansion or significant alterations and could extend permitting timelines.
  • No garage reported — limited covered parking may affect some buyers.
  • Mechanical system ages and specifics (HVAC, roof, electrical) were not provided — inspection required.
  • Tax/assessment and rental-permit implications should be verified for the detached studio before planning income strategies.

Opportunity Analysis

Acquire a fully renovated historic Montford residence that commands a downtown-adjacent premium, with immediate owner use and short/long-term rental upside from the detached studio and central location.

Potential Use Scenarios

  • Primary-residence buyer: purchase for lifestyle and preserve historic character; minor cosmetic personalization only after consulting historic review.
  • Investor: position studio as long-term rental or short-term rental (confirm local STR rules) to boost cash flow; maintain main house as higher-end long-term rental if not owner-occupied.
  • Value-add: convert parking area (if permitted) to formal off-street parking or add covered carport with historic-district approval to increase marketability.

Risk Factors

  • Historic district design review can delay or restrict modifications.
  • STR regulations in Asheville can change; verify permitting and local ordinances.
  • Potential unknown deferred maintenance in systems not disclosed in listing.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1500K

Midpoint

$1625K

High

$1750K

$506/SF estimated price per square foot

70% confidence

Estimate anchored to the current list price ($1,600,000) and adjusted by typical Montford historic-home premiums, detached studio value, and lot size. No live MLS comparable search performed; based on market knowledge for downtown Asheville and historic Montford.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$450,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$54,000

Downtown and Montford see continued interest from professionals and buyers seeking walkable historic neighborhoods. Moderate in-migration and steady demand for well-renovated historic homes.

Nearby Points of Interest

  • Downtown Asheville (0.7 - 1.0 mi)
  • Montford Park (0.1 mi)

Immediate walkability to Montford Park, multiple respected local restaurants (Tall John, Nine Mile), boutique shops and the vibrant downtown arts and food scene. Easy access to Asheville's medical, cultural, and employment anchors.

School District

DistrictAsheville City Schools
ElementaryClaxton Elementary (Asheville City Schools) — approx. 7/10
MiddleAsheville Middle School — approx. 6/10
HighAsheville High School — approx. 6/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1905
Constructionwood frame with historic masonry/trim (typical for early 20th-century Victorian/Arts & Crafts)
Stories3
Basementpartial
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.25 acres (10,890 SF)
Topographylevel
Parkingon-street and driveway
Parking Spaces2
FrontageHistoric Montford Ave frontage with welcoming front porch facing the street.

Utilities

Zoning & Land Use

Zoning CodeResidential (likely RS/HD overlay)
DescriptionProperty is within the Montford Historic District (National Register and local historic overlay). Typical zoning permits single-family residential use; historic overlay adds design review for exterior modifications.
JurisdictionCity of Asheville

Allowed Uses

Single family residentialHome occupations (subject to local regs)Accessory dwelling/unit possibilities subject to code and historic review
Current Useresidential

Tax & Sale History

Tax Assessment

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