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45 Asheland Ave #308, Asheville, NC, 28801

2beds
2baths
1,151sqft
$725,000
$630price/sqft
$4,744/moest. monthly cost
$189,760/yrincome needed

About This Home

Welcome to the heartbeat of downtown Asheville—where vibrant city energy meets the natural playground of Western North Carolina. This sophisticated southwest corner unit gets great natural light! Excellent location, just steps from award-winning restaurants, craft breweries, galleries, and boutiques, with the Blue Ridge Mountains calling just beyond your doorstep. Whether you're an active lifestyle buyer or savvy investor, this turn-key, income-producing, permitted short-term rental is a rare find. Inside unit 308, you’ll find an airy, light-filled design with high ceilings, solid wood doors, and an open flow perfect for relaxing or entertaining. The living area opens to a covered balcony with mountain views—ideal for unwinding after a day of hiking, biking, or exploring downtown. The kitchen shines with granite countertops, stainless steel appliances, a farmhouse sink, and a generous island. The primary suite offers a peaceful retreat with oversized windows and a spa-like bath, while a guest bedroom and second full bath add flexibility. Complete with secure parking and storage, this is effortless mountain living—with income potential to match. Furnishings convey with the sale (excluding some art). See brochure for more details.

Getting Around

90
WalkingWalker's Paradise
54
TransitGood Transit
74
BikeVery Bikeable

Schools

5/10
Isaac Dickson ElementaryGrades PK-51.0 mi
7/10
Asheville MiddleGrades 6-80.5 mi
5/10
Asheville HighGrades PK,9-121.4 mi

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Other - See Remarks
  • Roof: Rubber
  • Construction materials: Brick Partial,Block,Synthetic Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Modern
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Microwave,Refrigerator with Ice Maker,Washer/Dryer
  • Laundry features: In Unit,Laundry Closet

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Dining Area

  • Level: Main

Features

  • Breakfast Bar,Kitchen Island,Open Floorplan
  • Door features: Insulated Door(s)
  • Window features: Insulated Windows
  • Flooring: Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,151

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,151
  • Total interior livable area: 1,151 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 9648298566C0308
  • Zoning: CBD
  • Special condition: Standard

Features

  • Levels: 5 Story or more
  • Entry location: Main
  • Patio & porch: Balcony,Covered
  • Exterior features: Storage Unit (Off Site)
  • Has view: Yes
  • View description: Mountain(s)

Parking

  • Total spaces: 1
  • Parking features: Assigned,Attached Garage,Keypad Entry,Parking Space(s)
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$151$1,812
Property Taxes $728$8,736
Electricity $200$2,405
Total$4,744$56,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,651/yr
40% on housing$142,320/yr
45% on housing$126,506/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$630This listing

vs Other Active Listings

Avg $/sqft

ZIP 28801$349
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28801$364
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$725,000
2018-09-18Sold$581,400

For Sale by Agent

AgentMike Figura
BrokerageMosaic Community Lifestyle Realty

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