On a quiet morning in 1911, a woman named Matilda Spann stood beside an empty lane called Iola Place, overlooking Montford Park, and built the first home the little street would ever know. Only one more was built on that lane and on a lot that she had carved out and sold. Long before the road became Montford Park Place, before Asheville grew into the mountain city it is today, this charming cottage quietly began its story. More than a century later, it remains one of Montford’s earliest surviving cottages and a contributing property within Asheville’s nationally recognized Montford Historic District. Thoughtfully updated while honoring its historic character, the home offers approximately 1, 410 square feet, two bedrooms and one bath, with a great former sunporch, plus a large covered front porch looking over Montford Park. The common rooms include a comfortable living room with bay windows facing the front yard, a lovely dining room, and a covered back porch off the kitchen. There is an unfinished basement for dry storage and an additional old garage area for your outdoor items. Recent improvements include new roof decking with 50 year shingles, new gutters, new central a/c, gas furnace and a basement dehumidifier. The property is a beautifully proportioned 0.23-acre lot across from historic Montford Park that has been surveyed and an approval to be subdivided from both the Historic committee and the city planner. All paperwork will be conveyed. Buyer to verify! There is something rare about living in a home that has witnessed generations come and go while remaining rooted in the same remarkable place. Rich with history, craftsmanship, and timeless charm, this is more than a home—it is one of the first chapters in the story of one of Asheville’s most beloved neighborhoods. Walkable to downtown Asheville, the Reed Greenway, 3 restaurants, & a market all in the neighborhood…and so much more! This historic cottage is just waiting for it’s next chapter….