This house was very popular back when I first posted it. Since then it has had a $25,000 price reduction, they have included additional history, and added a few more pictures. The old picture is pretty cool! This home was built in 1920 and is within walking distance of the Grove Park Inn in Asheville, North Carolina. It was built by E. W. Grove of the Grove Park Inn!
E. W. Grove was quite interesting. His full name was Edwin Wiley Grove. He was a self made millionaire, most famous for his “Grove’s Tasteless Chill Tonic”. In this tonic which came out in 1878, he found a way to bottle a quinine mixture that would eliminate the usual bitter taste. In 1890, more bottles of his tonic were sold than bottles of Coca-Cola. He died in 1927 in Asheville. Would LOVE to look through those books in the library!
This property needs a full restoration, but it sure could be a beauty and return on investment would be great. That is a premiere location, within walking distance of Grove Park Inn. Four bedrooms, four bathrooms, and 2,661 square feet. $299,900
From the Zillow listing:
Historic Grove Park home with big mountain views ready for major restoration! E.W. Grove (of The Grove Park Inn) built this mountainside home (lovingly named “Far Away”) with grand spaces, and most original finishes and features are intact. Once a showplace home with big mountain views, this property is distressed and will require MAJOR level work. All systems will need to be replaced and all interior and exterior surfaces touched including buildout of space for parking. Currently a 4 bedroom home – would be ideal 3 bedroom post remodel. Also has basement quarters which could become great home stay, in-law or guest suite. The potential is amazing – winter and potentially year round mountain views, low maintenance wooded landscape in wonderful Grove Park location just off Sunset near Grove Park Inn and 5 minutes to downtown. BUT, this is a MAJOR project requiring a minimum of $300K+ investment post closing.
What I love about this home
This wonderful piece of history has not been updated. But this means that most historic features are intact, making it perfect for restoration to its 1920s glory. It is sited in a wonderful location within walking distance of the Grove Park Inn and downtown Asheville and the wrap around original porch offers amazing long range views.