




12 S Lexington Ave Unit 402, Asheville, NC, 28801
About This Home
Experience contemporary urban living in this stylish one-bedroom, one-bath condominium offering 633 square feet in the iconic 12 S Lexington Avenue building, in the heart of downtown Asheville. Completed in 2006, this modern five-story building blends sleek design with the vibrant energy of city life, placing you near Asheville’s renowned restaurants, boutiques, galleries and cultural attractions. Welcome to Residence 402 at Lexington, an elevated downtown retreat showcasing refined finishes and captivating city and mountain views. The thoughtfully designed open layout maximizes natural light and ambiance while delivering exceptional comfort and functionality. Upscale features include slate flooring, double-wall insulation for enhanced energy efficiency, a denatured fuel fireplace for warmth and atmosphere, and a spa-inspired bath with a smart bidet toilet. The open-concept kitchen features Polyform cabinetry throughout, including a sleek Snaidero kitchen, and is appointed with luxury appliances such as a Miele mircrowave, Induction cooktop and oven, Fisher Paykel dishwasher, Sub-Zero refrigerator and Sub-Zero wine refrigerator, offering performance and prestige for everyday living or entertaining. Residents enjoy outstanding amenities including a rooftop terrace with sweeping city and mountain views, an outdoor community terrace ideal for gatherings, a shared garden, fenced backyard, private dog walk and dedicated dog green space. Additional conveniences include elevator access, a secure lobby with intercoms, bike storage and secure deeded parking space in the building’s private gated garage. The building is non-smoking and designed for a low-maintenance, high-comfort lifestyle. Surrounded by Asheville’s thriving arts scene, acclaimed dining at Curate and Zambra, nearby parks such as Pritchard Park and Pack Square, and convenient shopping at the French Broad Food Co-Op and beloved local boutiques, this location delivers unmatched walkability and lifestyle appeal. Bike-friendly streets and easy access to Asheville Regional Airport further enhance everyday convenience. HOA fees cover common area maintenance and secure parking. This property offers a rare opportunity to own a refined, amenity-rich downtown residence at one of Asheville’s desirable urban addresses.
Getting Around
Schools
Construction
Condition
- Year built: 2006
Materials
- Foundation: Other - See Remarks
- Roof: Rubber
- Construction materials: Brick Partial,Stucco
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Disposal,Double Oven,Induction Cooktop,Microwave,Refrigerator,Washer/Dryer,None
- Laundry features: In Bathroom
Basement
- Basement: Basement Garage Door,Exterior Entry,Interior Entry
Bathroom Full
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Window features: Window Treatments
- Fireplace features: Living Room,Other - See Remarks
- Finished area below ground: 0
- Finished area above ground: 633
Heating & Cooling
- Heating features: Forced Air,Heat Pump
- Cooling features: Electric,Heat Pump
Interior Area
- Total structure area: 633
- Total interior livable area: 633 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 9649402100C0402
- Zoning: CBD
- Special condition: Standard
Features
- Levels: 5 Story or more
- Entry location: Main
- Exterior features: Rooftop Terrace
- Fencing: Back Yard,Fenced
- Has view: Yes
- View description: City,Mountain(s)
Lot
- Features: Green Area,Paved,Views
Parking
- Total spaces: 1
- Parking features: Assigned,Garage Door Opener,Garage Faces Side,Parking Garage
- 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 | $2,907 | $34,884 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $567 | $6,804 |
| Electricity | $200 | $2,405 |
| Total | $3,794 | $45,528 |
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 |
|---|---|---|
| 2026-02-15 | Listed for sale | $599,000 |
| 2025-12-15 | Listing removed | $3,000 |
| 2025-07-07 | Listed for rent | $3,000 |
| 2025-05-21 | Listing removed | $3,500 |
| 2025-03-22 | Listed for rent | $3,500 |
| 2024-09-13 | Listing removed | $4,500 |
| 2024-08-02 | Listed for rent | $4,500 |
| 2024-07-22 | Listing removed | -- |
| 2024-07-01 | Listed for rent | $4,500 |
| 2024-06-12 | Listing removed | -- |
| 2024-05-22 | Listed for rent | $4,500 |
