Guide to Asheville's Best Condos
Asheville is home to a great variety of condo options, from luxury buildings to boutique mid-rises, lofts and townhomes.
Curious about condo living in Asheville? Looking for a lock-and-leave condo in the mountains?
You may be interested to know that Asheville’s skyline has more than 100 established luxury buildings, boutique mid-rises, condominium complexes, and sprawling townhome communities.
The city is home to a mix of high-rise, mid-rise, and low-rise condos.
I've collected information on the most popular condos in Asheville and have compiled a guide for each one.
Does Asheville have condos for sale?
Yes, although Asheville's condo market is much smaller than the single family home market.
Are condos popular in Asheville?
Asheville condo living is becoming very popular. Next-door living to the Blue Ridge Mountains, lock-and-leave lifestyle, security and full-service amenities are just some of its main benefits.
Buying a condo in Asheville can be very challenging due to the sheer variety of options available.
Are there new construction condos in Asheville?
Yes, several new condo buildings are being constructed currently (contact us to see which buildings have been put on hold).
As with single family homes resale and location are two key factors impacting value.
However, unlike single family homes, building amenities (in relation to its HOA fees), condo appreciation rates, and other unit variables continue to be key factors condo buyers should watch.
Where can I find a guide on condos in Asheville?
Below, I've included links to more than 50 pages of detailed information about condos in Asheville.
I believe this is the most detailed source of information about Asheville condos that is available to-date.
All of the information is deemed to be reliable, and I strive to keep this information current, but I am constantly reviewing an updating as new information becomes available.
Read on for detailed information and resources about condos in Asheville.
Asheville Condo Guide
ASHEVILLE CONDO RESOURCES
The Asheville condo market is constantly changing and new construction projects are altering skyline.
There are currently several new condo developments in the Downtown and South Slope regions of Asheville. These projects are at various stages of development.
I monitor new condo construction and updates to complete buildings regularly and publish updates on my blog regularly.
Below are recent condo blog posts.
If you’d like to see any specific condo units or learn about residential condo buildings that are best for you, please contact me, Dylan Lennon, at firstname.lastname@example.org. You can also text or call me at 828-412-0678.
This guide to buying a condo in Asheville will help you navigate the real estate market in one of America’s most desirable cities to live in. When I sat down to write this guide, I wanted to give a realistic take on what it’s like to enter into the Asheville condo real estate market as…
In early November 2021, the City of Asheville issued “final approval” for the development of “District Brewery“, a mixed-use condo/hotel/brewery located in the South Slope neighborhood, just south of Central Business District in Asheville, NC. Led by Brett Krueger, including a team comprised of Peter Alberice Brooks Engineering Associates and associates at Headwater Environmental, Inc.,…
Asheville’s luxury condo market is on the rise, and it’s worth taking a look at some of the most expensive buildings. Virtual tours offer a convenient way to explore these high-end properties from the comfort of your own home. See Asheville’s top luxury condo buildings: from affluent Arras high rise to exclusive 17 N Market….
The landscape of the downtown Asheville condo market could be changing drastically. The Haywood, a condo development originally approved for development and construction at 123 Haywood Street in downtown Asheville, may be converted into a hotel project. At a recent Design Review Committee meeting, the condo-hotel conversion was proposed, suggesting that the developers plan on…
Asheville Condos Most Popular With My Clients
The following Asheville condos most frequently show up on my clients’ showing list due to: location, price point ($250k-$750k), services, “reasonable” maintenance fee, and historical ability to hold value.
- Downtown Asheville: 55 South Market Street, 60 North Market, 45 Asheland, 145 Biltmore
- Pet-Friendly: The Landings, Clingman Lofts, The Kress
Popular Neighborhoods for Condos in Asheville
In addition to the stunning natural beauty and vibrant arts scene, Asheville is also known for its diverse range of neighborhoods, each with its own unique character and charm.
When it comes to condos, some of the most popular neighborhoods for development include downtown Asheville (The Arras,17 N Market Street, 12 South Lexington, 60 North Market, 55 South Market Street, The Kress), South Slope/Biltmore Village (Bauhaus, 145 Biltmore), and West Asheville (The Landings).
Downtown Asheville is a bustling area filled with shops, restaurants, and cultural attractions, making it a prime location for those who want to be in the heart of the action.
Biltmore Village, on the other hand, offers a more historic and upscale feel, with its tree-lined streets and proximity to the famous Biltmore Estate.
Finally, West Asheville is known for its laid-back vibe and eclectic mix of restaurants, bars, and shops, as well as its close proximity to the River Arts District, a hub for artists and creatives.
No matter what your lifestyle preferences may be, there is a condo development in Asheville that will suit your needs and provide the perfect home base for exploring all that the city has to offer.
Asheville Condo Statistics (Last 3 years)
|Condo Building||Median Sales Price||Median Sales Price Per Square Foot|
|12 South Lexington Avenue Condominium||480000||548.4897|
|145 Biltmore Avenue Condominiums||715250||733.2762|
|21 Battery Park||1040000||520.4826|
|45 Asheland Avenue||550000||649.9356|
|55 South Market||480000||569.6970|
|60 North Market||742500||633.2728|
|73 Broadway Condominiums||2850000||652.9210|
|Asheville Arras Residence||972000||699.8975|
|Asheville Racquet Club Village||265000||213.3655|
|Battery Park Condominiums||1000000||531.6321|
|Bauhaus South Slope||700000||361.3177|
|Bee Tree Village||340000||205.4331|
|Bee Tree Village Cliffside||321500||229.9700|
|Biltmore Park Town Square||472500||391.8274|
|Biltmore Village Condominiums||600000||294.1176|
|Black Horse Run||440000||226.1048|
|Bourne Lane Condominiums||685000||322.2013|
|Buck Cove Townhouses||204750||208.2108|
|Byrd Road Townhomes||449500||233.2641|
|Carrington Place Condos||205000||176.4200|
|Charlotte Street Condos||707500||329.8368|
|Cherry Blossom Cove||290590||201.7986|
|Courtside Condominiums Phase||295000||237.5201|
|Craggy View Cottages||398700||225.1309|
|Creekside Condo at Laurel Creek||280000||252.2523|
|Grove at Appeldoorn||177000||178.7843|
|Haw Creek Heights||243000||233.3081|
|Haw Creek Villas||250000||186.2745|
|Hudson Street Cottages||400000||336.0555|
|Lake Julian Trails||262500||165.1809|
|Lees Creek Villas||195750||191.9118|
|Meadows Of Bradley Branch||245000||178.2127|
|Merritt Park Condominium||329000||308.3411|
|Mills Creek Condominiums||252000||196.8559|
|Mount Carmel Village||262500||179.5123|
|Mountain Vista Estates||559000||159.8513|
|Ninety Patton Avenue||780000||458.0153|
|Old Penneys Building Condos||465000||494.8586|
|Park Lane Condominiums||291638||257.2829|
|Parkway Vista Townhome||207500||151.9681|
|Pine Cliff Condominiums||279000||227.1405|
|Pine Cliff Villas||320000||137.6936|
|Prospect Terrace Condominiums||300000||338.5417|
|Racquet Club Village||377500||229.0091|
|Reems Creek Townhomes||295000||177.0708|
|Residences At Biltmore||365000||408.0977|
|Rose Briar Townhomes||226000||188.4422|
|Royal Pines Village||372400||145.4428|
|Sawyer Motor Building||745000||516.9617|
|Scenic View Terrace||232500||177.0486|
|Seasons At Biltmore Lake||194500||216.0102|
|Sixty Haywood St Condos||750000||310.8164|
|South Village Condominiums||325000||285.3380|
|Sunset Ridge Condominiums||153500||220.5665|
|Sweet Birch Commons||503815||229.2142|
|The Aston Condominium||775000||533.3333|
|The Broadway Asheville||1030364||440.6128|
|The Cliffs at Walnut Cove||1539950||385.0922|
|The Commons at Nancy Street||244400||165.6949|
|The Cottages at Averys Creek||493309||284.3151|
|The Fitzgerald Condominium||1957500||813.1356|
|The Grove at Appeldoorn||195000||197.7330|
|The Hills at Averys Creek||172000||162.6781|
|The Hills At Averys Creek||232500||224.1334|
|The Kress Condominium||393000||556.5068|
|The Lofts at Mica Village||376000||403.8668|
|The Lynx Condominium||256000||173.1324|
|The Pioneer Building||352500||503.5714|
|The Residence at 151||1800000||829.8755|
|The Residences at Biltmore||358000||418.9678|
|The Springs Of North Asheville||409400||247.8049|
|The Terrace at Reynolds Mountain||627000||329.6149|
|The Village at Chunns Cove||608150||269.5392|
|The Villas At Westridge||236000||231.3725|
|The Wildes at Chunns Cove||448000||222.3896|
|Tremont at Hyannis Dr||375000||267.9467|
|Twenty-One Haywood Street Condominiums||850000||484.0547|
|University Terrace III||34500||222.5806|
|Village At Bradley Branch||275390||197.4724|
|Village On Haywood||285000||366.3239|
|Villas At Cedar Hill||230000||172.9323|
|Vistas of Westfield||419900||188.6015|
|Waters Edge Condos||355000||224.3995|
|West Pointe At Crowell Farms||371000||220.7353|
|Willow Creek Village||282000||174.8252|
|Wind In The Oaks||467500||266.2213|
Most Expensive / Most Luxurious Asheville Condo Buildings
The following buildings are known for top-tier service, amenities, reputation and/or location:
Asheville Condo HOA Fees and Amenities
If you’re considering buying a condo in Asheville, make sure that you’re aware of the monthly homeowner association (HOA) fees, their true costs, the benefits you get from being a resident, and the qualities that make a building successful.
It's also important to note that HOA fees have an impact on financing, as banks will require you to pay both HOA fees and taxes on time (they don't like 3rd party senior liens). Taxing authorities and homeowners associations can place a lien on your condo unit if you don't pay their bills.
As such, high HOA fees can become an issue once you resell. Historically, older buildings (from the 1960s to 1980s) have higher fees, mostly due to several amenities, and limited energy efficiency. Some of these buildings also have residents sharing utilities like electricity.
I've written a guide to buying a condo in Asheville that covers some of these topics in greater detail.
Asheville Condo Appreciation Trends
There are three critical factors to consider when buying a condo in Asheville: the building's resale history, the building's median sale price, and the building's unique personality and atmosphere.
It's also important to take note of the building's 10-year and 5-year sales performance, as it's important to understand how a particular building performed during a downturn. Some newer developments do not have these statistics, so other factors need to be considered.
With ~100 residential buildings from which to choose, buyers should be wary about where to place their investments. Not all Asheville condos have performed well over the years.
Some buildings are fantastic, well-managed, have great staff, have solid reserve accounts, and have consistent demand.
By contrast, some buildings suffer from high HOA fees (despite limited amenities), inconsistent management, and have a spotty appreciation track record.
Additionally, the "X-factor" in Asheville condo real estate, "mountain views," has considerable impact on condo valuation in our market.
Buying or Selling an Asheville Condo
I've had the pleasure of working with hundreds of clients and love getting to do real estate in the Asheville urban market.
Deciding to buy or sell a condo in the Asheville area comes with a lot of decisions regarding weighing variables that impact timing and pricing.
I have direct experience selling in the urban condo market in Asheville and would be more than happy to discuss your needs by e-mail, phone or text.
Here are a few reviews from past clients: