48 Biltmore AvenueAsheville, NC 28801MLS Number 3355789

  • Price: $3,800,000
  • Est. Mortgage of $/month
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1Bedrooms
  • 0.1Acreage
  • 3Bathroom
  • 1925Year Built

Driving Directions

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

Ask A Question

Do not fill in this field:

More Info


  • 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 Date04/05/2018
  • Foundation DetailsOther
  • View Count8

Basic Information

  • List Price$3,800,000
  • ListingTypeExclusive Right
  • Lot DescriptionLong Range View, Year Round View
  • SubdivisionNone
  • Building Number48
  • Broker NameEllington Realty Group
  • StatusSHOW
  • ListingBoardIDLand Of The Sky Association Of Realtors
  • MLS Number3355789


  • Property TypeCondo/Townhouse
  • DriveNone
  • Acreage0.1


  • PetsYes


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


  • Zip28801
  • High SchoolAsheville
  • TownAsheville
  • StreetBiltmore
  • StateNC
  • DirectionsBiltmore Avenue in downtown Asheville.
  • Elementary SchoolAsheville City
  • CountyBuncombe
  • Community FeaturesSidewalk, Street Lights
  • Junior HighAsheville


  • FloorsTile, Wood
  • Interior FeaturesCable Available


  • SewerCity Sewer
  • HeatingCentral Air, Heat Pump - AC, Heat Pump - Heat
  • WaterCity Water
  • Water HeaterElectric
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
Broker Reciprocity

© 2018 by the North Carolina Multiple Listing Service. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the North Carolina Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than a consumer looking to purchase real estate, is prohibited.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:


Do not fill in this field: