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2531 Little River Rd, Hendersonville, NC, 28739

9beds
12baths
10,038sqft
$5,900,000
$588price/sqft
$34,426/moest. monthly cost
$1,377,040/yrincome needed

About This Home

Teneriffe is one of Hendersonville’s extraordinary historic properties, an estate where history, architecture and opportunity converge in a rare and remarkable way. Originally constructed in 1855 as a Tudor Revival residence, the home was reimagined in 1903 by Richard Sharp Smith, supervising architect of the Biltmore Estate. With landscape input from the Olmsted firm, the property was shaped to complement its architectural beauty, establishing a setting steeped in provenance and timeless elegance. Set on 11.73 acres, the approach to Teneriffe winds along a leaf-canopied drive that opens to gardens, water features and the stately brick residence. The estate unfolds across rolling acreage, where pastures, walking trails and tranquil outdoor spaces form an enchanting natural setting. A historic barn recalls its agrarian heritage, while a separate log cabin offers endless possibilities for restoration, reinvention or flexible guest accommodations. Zoned for residential and commercial use, Teneriffe offers rare versatility. With a rich history as an active bed-and-breakfast, the property presents exceptional potential for a boutique hospitality venture, private retreat, event venue or simply as a legacy private residence. An additional 9.43-acre parcel (PIN 9567-20-4498) is also available, expanding the possibilities even further. The main residence is a showcase of grandeur and intimacy. A sweeping wraparound veranda welcomes you into a grand foyer, where light, scale and craftsmanship set the tone. Expansive entertaining spaces on the main level invite gracious gatherings and quiet reflection, with period details carefully preserved to honor the home’s heritage. The private primary wing is a sanctuary, complete with an executive home office, spa and the promise of seclusion. Two additional levels provide generous accommodations with multiple bedrooms and living spaces, offering flexibility for family, guests or creative repurposing. Each room reflects a chapter of the estate’s storied past yet stands ready to be reimagined for the future. Teneriffe is more than a property, it is a legacy. Rarely does such a distinguished estate, with architectural pedigree, historic significance and versatile potential, come to market. For those who value heritage while envisioning the future, Teneriffe offers an unparalleled opportunity to steward a landmark property and create a new chapter in its remarkable story.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

6/10
Atkinson ElementaryGrades PK-51.6 mi
6/10
Flat Rock MiddleGrades 6-82.5 mi
5/10
East Henderson HighGrades 9-123.5 mi

Construction

Condition

  • Year built: 1855

Materials

  • Foundation: Permanent
  • Roof: Composition
  • Construction materials: Stucco,Stone,Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: European,Tudor
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater,Exhaust Hood,Gas Cooktop,Refrigerator
  • Laundry features: In Basement,Main Level

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Unfinished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Third

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Third

Bedroom S

  • Level: Third

Bedroom S

  • Level: Third

Bedroom S

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 12
  • Full bathrooms: 10
  • 1/2 bathrooms: 2
  • Main level bedrooms: 1

Breakfast

  • Level: Main

Den

  • Level: Main

Dining Room

  • Level: Main

Family Room

  • Level: Upper

Features

  • Hot Tub,Total Primary Heated Living Area: 9452
  • Door features: French Doors
  • Window features: Window Treatments
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas Log,Great Room,Living Room,Wood Burning
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 9,452

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Heat Pump,Humidity Control,Wood Stove
  • Cooling features: Central Air,Heat Pump,Zoned

Interior Area

  • Total structure area: 7,613
  • Total interior livable area: 10,038 sqft

Kitchen

  • Level: Main

Other

  • Level: 2nd Living Quarters

Other

  • Level: Main

Other

  • Level: Main

Other

  • Level: Upper

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Stair Lift

Details

  • Parcel number: 9567301366
  • Zoning: R-40
  • Special condition: Standard
  • Other equipment: Generator
  • Horse amenities: Barn,Pasture

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Balcony,Front Porch,Rear Porch,Side Porch
  • Exterior features: Other - See Remarks
  • Has spa: Yes
  • Spa features: Interior Hot Tub
  • Fencing: Fenced,Partial

Lot

  • Lot size: 11.73 Acres
  • Features: Level,Pasture,Private,Wooded

Parking

  • Total spaces: 3
  • Parking features: Circular Driveway,Driveway,Attached Garage,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Inland Flooding
Lightning
Strong Wind
Tornado
Hail
Landslide

FEMA Declared Disasters in Henderson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $29,833$357,996
Home Insurance *$1,611$19,332
Property Taxes $2,048$24,576
Electricity $934$11,219
Total$34,426$413,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,180,320/yr
40% on housing$1,032,780/yr
45% on housing$918,026/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.3%
5.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$588This listing

vs Other Active Listings

Avg $/sqft

ZIP 28739$250
Henderson County$219

vs Homes Sold Last Month

Median $/sqft

ZIP 28739$242
Henderson County$254

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$5,900,000
2026-02-04Listing removed$5,900,000
2025-11-10Price change$5,900,000
2025-06-12Price change$6,400,000
2025-05-29Price change$7,500,000
2024-06-28Listed for sale$8,250,000

For Sale by Agent

AgentMarilyn Wright
BrokeragePremier Sotheby’s International Realty

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