120 Biltmore Ave #306, Asheville, NC, 28801
About This Home
A well-proportioned 2-bedroom, 2-bath residence at MK on Biltmore: Residence 306 offers 1,171 square feet of interior living space plus a private 46-square-foot balcony. Located on the third floor, Residence 306 is eligible for short-term rental use, delivering genuine income-producing potential in the heart of South Slope. MK on Biltmore is a six-story, 44-residence building of steel and concrete construction, thoughtfully designed with an on-site restaurant and ground-floor retail. Kitchens feature quartz countertops and standard GE Café appliances, with Bosch available as an upgrade. Homes also offer 9-10' ceilings, smart home options, floating vanities, custom closets, and fire pit options, plus a complimentary consultation with the project's interior designer to personalize your finishes. Buy early and secure the extras: EV charging stations, additional deeded parking, and extra storage are all available as upgrades while supplies last. Steps from The Orange Peel, Wicked Weed Brewing, the Asheville Art Museum, Chestnut, and James Beard Award-winning restaurants, with McCormick Field, Aston Park, and the Blue Ridge Parkway just minutes away. Construction begins summer 2026, with move-ins beginning 2028. Contact listing team for a copy of building plans and interior finish options.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2027
Materials
- Foundation: Other - See Remarks
- Roof: Rubber
- Construction materials: Fiber Cement,Other
Other
- Builder name: BEVERLY GRANT
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Microwave,Refrigerator,Washer/Dryer
- Laundry features: In Hall,In Unit,Main Level
Bathroom Full
- Level: Main
Bedroom S
- Features: En Suite Bathroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Features
- Breakfast Bar,Kitchen Island,Other - See Remarks
- Door features: Insulated Door(s)
- Window features: Insulated Windows,Window Treatments
- Flooring: Tile,Wood
- Finished area below ground: 0
- Finished area above ground: 1,171
Heating & Cooling
- Heating features: Ductless
- Cooling features: Ductless
Interior Area
- Total structure area: 1,171
- Total interior livable area: 1,171 sqft
Kitchen
- Features: Breakfast Bar,Kitchen Island
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Features: En Suite Bathroom
- Level: Main
Property
Details
- Parcel number: portion of 9648486823
- Zoning: CBD
- Special condition: Standard
Features
- Levels: 5 Story or more
- Entry location: Main
- Patio & porch: Balcony,Covered,Terrace
- Exterior features: Elevator,Other - See Remarks
- Has view: Yes
- View description: City,Year Round
Lot
- Features: Corner Lot,Rolling Slope,Views,Other - See Remarks
Parking
- Total spaces: 1
- Parking features: Assigned,Electric Vehicle Charging Station(s),Attached Garage,Garage Door Opener,Garage on Main Level
- 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
- Earthquake
- Ice Storm
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $261 | $3,132 |
| Property Taxes | $593 | $7,116 |
| Electricity | $200 | $2,405 |
| Total | $7,374 | $88,488 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $1,250,000 |
New Construction
View on Zillow