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John KurtzCharlotte · NC

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Saluda · Saluda, NC

300 Ivy Terrace Drive

Saluda, NC · 4,281 sqft

$1,789,000

Reduced from $1,850,000

  • 8Beds
  • 8.5Baths
  • 4,281SqFt
  • 1890Year
  • 33Days on market

About this home

It is rare to capture the spirit of the mountains in one place - yet Ivy Terrace has done this for over a century. Inspired by the gardens of the Biltmore Estate - trees procured and a home built at the same time in 1890. A timeless property offering flexibility as a residence, family estate, or hospitality and bed and breakfast retreat - "The Ivy Terrace Inn". The eight bedroom and bath main residence retains its character with original fireplace, floors and woodwork, yet improvements - including a commercially licensed kitchen and modern updates - allow the home to live in the present. Two cottages offer a mix of possibilities like the caretaker/guest house and another newer cottage for gathering, wellness and artistic pursuits. Step onto multiple porches and listen to the sounds of the waterfall features, soak in the hot tub, stroll the grounds under century old trees from another world. A short distance from Main Street Saluda, the future Saluda Grade Trail. 30 minutes to Asheville and Biltmore Estate make the central location your base for mountain escape. With furnishings negotiable, business website and professional branding completed, this can truly be a turn-key opportunity.

Property details

Beds
8
Baths
8.5
SqFt
4,281
Lot
Year built
1890
Type
Single Family
Days on market
33
Heating
Heat Pump, Zoned
Cooling
Ceiling Fan(s), Central Air, Electric
Foundation
Basement
Flooring
Tile, Wood

Features

  • Built-in Features
  • Entrance Foyer
  • Pantry
  • Storage
  • Other - See Remarks

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$13,166/ month

Principal & interest
$11,079
Property tax (~1.05%)
$1,565
Homeowners insurance
$521
HOA dues

Down payment

$89,450 down · $1,699,550 financed

Income to qualify (28% rule)

~$564,298 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.