See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

59 College St #402, Asheville, NC, 28801

1beds
1baths
634sqft
$369,000
$582price/sqft
$2,324/moest. monthly cost
$92,960/yrincome needed

About This Home

Step out your door into the heart of downtown Asheville! This sunlit condominium puts you within close reach to all that Asheville has to offer, from the waterfalls and mountain views and hiking/biking choices, or the myriad music and dancing events, to the numerous award-winning culinary options. Located in the highly coveted Kress Building, the modern updates to this condominium will have you feeling right at home four stories above the action. With a wall of windows and ceilings over twelve feet, the sunlight truly fills up the space of this unit. The rooftop flex space is a great spot to work remotely, or you can just relax and take in the sunshine or sunset on the terrace. The property includes an easily accessible 10 x 10 storage unit in the basement. Making things even easier for a new buyer, the seller is willing to sell the property furnished! Asheville has become one of the nation's most popular cities to visit and here is your opportunity to get in on the excitement. It may be too late to get in on the ground floor, but the fourth is still available for a limited time!

Getting Around

92
WalkingWalker's Paradise
54
TransitGood Transit
69
BikeBikeable

Schools

5/10
Isaac Dickson ElementaryGrades PK-50.9 mi
7/10
Asheville MiddleGrades 6-80.7 mi
5/10
Asheville HighGrades PK,9-121.6 mi

Construction

Condition

  • Year built: 1928

Materials

  • Construction materials: Stone Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer,Washer/Dryer
  • Laundry features: Laundry Closet

Basement

  • Basement: Storage Space

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 634

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 634
  • Total interior livable area: 634 sqft

Kitchen

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 9649400313C00B4
  • Zoning: CBD
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Basement
  • Exterior features: Elevator,Rooftop Terrace,Storage

Parking

  • Parking features: Other - See Remarks

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 $1,865$22,380
Home Insurance *$77$924
Property Taxes $182$2,184
Electricity $200$2,405
Total$2,324$27,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,680/yr
40% on housing$69,720/yr
45% on housing$61,973/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

$582This listing

vs Other Active Listings

Avg $/sqft

ZIP 28801$355
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
2026-03-25Price change$369,000
2025-11-11Price change$379,000
2025-10-01Listed for sale$389,000
2025-05-23Listing removed$400,000
2025-05-15Price change$400,000
2025-05-06Price change$410,000
2025-04-11Listed for sale$420,000
2023-03-30Sold$389,000
2023-02-04Listed for sale$385,000
2021-08-12Sold$325,000
2021-07-08Pending sale$329,000
2021-07-08Contingent$329,000
2021-05-24Price change$329,000
2021-05-13Listed for sale$346,000
2005-03-01Sold$184,000

For Sale by Agent

AgentMichael Finley
BrokerageEXP Realty LLC

Similar Homes