It has been described as "Asheville's second most famous home" after George Vanderbilt's 250-room castle, the Biltmore Estate.

Situated in Asheville's much-loved Kenilworth neighbourhood, the 4,791 square foot home was built in 1922 by successful furniture magnate James (Jake) Madison and his wife Leah Arcouet Chiles. In addition to the estate, they left a significant legacy in the area.

"Jake and Leah developed the town of Kenilworth in the 1920s," says listing expert Dave Cash." In 1925, Leah became Kenilworth's mayor and the first female mayor in North Carolina."

The unique design of this five-bedroom, four-bathroom home seamlessly blends indoor and outdoor entertaining spaces. The home was designed for the couple by renowned Asheville architect Ronald Green.

This striking estate is listed on the National Register of Historic Places, the listing notes. The living spaces feature many period details.

The dining courtyard consists of stucco walls and a series of arches, while the indoor dining room has three sets of arched quadrangle doors that open out onto the courtyard," says Cash.

The house retains much of its Jazz Age opulence, with some notable upgrades.

"In 2003, the house underwent an extensive, award-winning renovation, retaining its priceless Baroque details, black walnut library panelling, exquisite tile work and gorgeous gardens," says Cash.

The three-acre site has been lovingly landscaped. But the highlight of its magical outdoor setting may be the walled rose garden, which includes fragrant jasmine, gardenias, irises, peonies, olive trees and, of course, roses.

"Beyond the excitement of living in such a magnificent house," says Cash, "the next owners of Chiles House will enjoy a rare opportunity to care for a splendid Asheville landmark and be part of an architecturally managed legacy.