The Cedars Hotel sits on the National Register of Historic Places. Built in 1914 by the wife of Southern Railway President J.W. Bailey, the property has long operated as a wedding venue and hotel. It’s currently undergoing a major transformation.
Fairmont Heritage Place The Cedars will be an upscale branded residence (similar to a condo hotel) in Hendersonville, NC. It is being fully restored with its distinctive Neo-Classical Revival architecture maintained, and two new six-story buildings will be added. They’ll contain 130 condo hotel residences, which are being sold to individual buyers.
When all construction is complete, Fairmont Heritage Place The Cedars will be an upscale, full-service, branded residence set on 3.5 mountain-view acres in the heart of beautiful Hendersonville, NC.
As a five-star quality property, Fairmont Heritage Place The Cedars will feature an array of resort-like amenities, including:
- Fine dining signature restaurant
- Dining terrace and gazebo
- Lobby lounge and craft cocktail bar
- Fairmont Spa offering full services and treatments
- Fitness center with family lounge and pool bar
- Resort pools, decks, hot tub, fire pits, food & drink service
- 5,500 sq. ft. event center with 2 ballrooms, bridal suite, meeting rooms
- On-site dog “bark park”
- On-site beekeeping program, part of Fairmont’s sustainability initiative
Guests will also enjoy many services, such as the world-famous signature Fairmont doorman with white glove service, a concierge, valet parking, and 24-hour security.
The concierge at the Fairmont Heritage Place The Cedars will help guests arrange nearby outdoor excursions such as river tubing, hiking, horseback riding, fly fishing, snow skiing, mountain biking, waterfall tours and cultural activities.
Hendersonville is a historic city, and Fairmont Heritage Place The Cedars is just two blocks from historic Main Street with its many restaurants. It’s also close to Asheville, a city popular for its cute shops and breweries, the world-famous 8,000-acre Biltmore Estate. For nature-based adventures, there’s Pisgah National Park, Dupont State Forest and the Great Smoky Mountains National Park.
Most owners at Fairmont Heritage Place The Cedars will likely use their residence as a second home. However, there are no living restrictions. Owners can live there year-round. They’ll also have the option of participating in the onsite rental program to generate revenue that defrays the costs of ownership. Another option is to use Airbnb and similar platforms to rent out the residence themself, although they must follow certain restrictions to be set by Fairmont.
Demolition on the existing structures will take place later this year. Then construction on Fairmont Heritage Place The Cedars will begin in 2023 on the two new residence buildings, which should be complete by early 2025.
The units will include an array of studios, one- to three-bedroom residences, and penthouses. Prices start in the low $400,000s and go up to $3.92 million for the largest penthouse.
If you are interested in learning more about Fairmont Heritage Place The Cedars, please feel free to ask specific questions or request our detailed data sheet. We will respond within 24 hours (usually much sooner). Contact Joel Greene at Joel@CondoHotelCenter.com or call (954) 450-1929.