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48 Biltmore AvenueAsheville, NC 28801MLS Number 3355789

  • Price: $4,200,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 1Bedrooms
  • 3Bathroom
  • 1925Year Built
  • 13094Square Feet

Prime Downtown Asheville Location. Rare opportunity to purchase residential condo along with restaurant investment return. Expansive open floorplan with beautiful original heart pine wood flooring and 13 ft ceilings.Full of natural sunlight provided by windows at front & rear of space & skylights. Master bedroom & master bath with walk-in closets and two additional interior rooms currently set-up as children's bedrooms, full kitchen with walk-in pantry, laundry. Walkout rooftop area is fully accessible & features a wood deck, an additional living space with bath, kitchenette,& panoramic downtown views. Building is fully updated & excellently maintained. All mechanicals updated & building is fully sprinkled. The building's main tenant, Chestnut, is a very well-known & highly successful restaurant. The restaurant & bar occupies the main street level space, and the new full commercial kitchen is in the basement. Reside in this beautiful space or convert to multiple units.

Listed by Ryan Israel of Ellington Realty Group

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  • Parking SpacesOther


  • Bathroom3
  • Square Feet13094
  • Sq Ft Level 14180
  • Sq Ft Level 24225
  • Sq Ft Level 3360
  • Basement Sq Ft Finished4329
  • Baths Full3
  • Bedrooms1
  • Construction TypeSite Built


  • PorchOther
  • Property StyleBrick - Solid
  • Architectural StyleModern, Traditional


  • VOW Addr1
  • Year Built1925
  • VOWYN1
  • Modification Date02/05/2018
  • Foundation DetailsOther
  • View Count8

Basic Information

  • List Price$4,200,000
  • ListingTypeExclusive Right
  • Lot DescriptionLong Range View, Year Round View
  • SubdivisionNone
  • Building Number48
  • Broker NameEllington Realty Group
  • StatusACT
  • ListingBoardIDLand Of The Sky Association Of Realtors
  • MLS Number3355789


  • PropertyTypeCondo/Townhouse
  • DriveNone
  • Acreage0.1


  • PetsYes


  • Number of Photos19
  • Date Photo2018-01-31T10:28:00


  • Zip28801
  • HighSchoolAsheville
  • Mailing CityAsheville
  • StreetBiltmore
  • StateOrProvinceNC
  • DirectionsBiltmore Avenue in downtown Asheville.
  • ElementarySchoolAsheville City
  • CountyBuncombe
  • Community FeaturesSidewalk, Street Lights
  • MiddleSchoolAsheville


  • FloorsTile, Wood
  • Interior FeaturesCable Available


  • SewerCity Sewer
  • HeatingCentral Air, Heat Pump - AC, Heat Pump - Heat
  • WaterCity Water
  • Water HeaterElectric

Your Local Office

West Asheville Real Estate
51 Watauga Street - Unit D
Asheville NC, 28801

Office: 828.215.4200

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