$4,600,000
$250K PRICE DROP

122 College St Unit 201-202-301 Asheville, NC 28801

Downtown Asheville Neighborhood

Estimated payment $26,455/month

Total Views 14,275
7 Beds
11.5 Baths
11,450 Sq Ft
$402 Price per Sq Ft

Highlights

  • City View
  • Wine Refrigerator
  • Laundry Room
  • Asheville High Rated A-
  • Bar Fridge
  • 2-minute walk to Pack Square

About This Home

Historic character and modern luxury in Downtown Asheville.

Located steps from Pack Square Park, this 11,885 SF mixed-use property underwent an 2023 renovation, earning a Griffin Award. Exposed brick and 1917 finishes define the facade, inviting patrons to enjoy the 3,000-SF restaurant on the main floor; or the 3,000-SF lower level bar—both 100% leased.

A private entrance leads to 5,040 total SF of upper-floor suites, including two beautifully appointed 2BD/2BA apartments on the second floor; and a 3BD/3.5BA top level penthouse. Each offers spacious layouts and gorgeous city views.

The penthouse features 25' ceilings, and a staircase that leads to a mezzanine with the only private rooftop overlooking Pack Square Park, where mountain views blend with art-deco structures.

Suites and penthouse are offered fully furnished.

With unbeatable location, award-winning design, and impeccable updates, 122 College Street is a must-see.

SEE BROCHURE FOR MORE DETAILS.

Listing Agent

James Harrison

Whitney Commercial Real Estate Brokerage Email: jharrison@whitneycre.com License #282322 Listed on: 12/19/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,360

Year Built

  • Built in 1917

Property Views

  • City
  • Mountain

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4-Story Property
  • Bar Fridge
  • Finished Basement
  • Walk-Up Access

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9649-40-7722-00000

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,360

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1917
  • Restrictions: No Restrictions
  • Restrictions Description: none
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Four
  • Ratio CurrentPrice/TotalPropertyHLA: 401.75
  • Geocode Confidence: High
  • Attribution Contact: jharrison@whitneycre.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Entry Level: 3000
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3000
  • Third Level Sq Ft: 2950
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2500
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Freezer, Ice Maker, Oven, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven, Washer, Washer/Dryer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 8450
  • Has Basement: Finished, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 3000
  • Living Area: 11450
  • Bedroom Main: 0
  • Room Count: 1
  • Sq Ft Other: 435
  • Bedroom Third: 3

Exterior Features

  • Exterior Features: Rooftop Terrace
  • New Construction: No
  • Construction Type: Site Built
  • View: City, Mountain(s)
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Common Area, In Hall, Multiple Locations, Other - See Remarks
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 9649-40-7722-00000
  • Zoning: CBD
  • Land Included Yn: 1
  • Zoning Specification: CBD

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,360 $2,084,200 $442,100 $1,642,100
2023 $23,360 $1,879,900 $442,100 $1,437,800
2022 $18,746 $1,879,900 $0 $0
2021 $18,746 $1,879,900 $0 $0
2020 $12,762 $1,184,000 $0 $0
2019 $12,762 $1,184,000 $0 $0
2018 $12,762 $1,184,000 $0 $0
2017 $12,881 $984,200 $0 $0
2016 $12,096 $984,200 $0 $0
2015 $12,096 $984,200 $0 $0
2014 $13,466 $1,109,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $4,600,000 -5.2% $402 / Sq Ft
12/19/2024 12/19/24 For Sale $4,850,000 -- $424 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,600,000 None Available
Warranty Deed $1,050,000 None Available
Warranty Deed -- None Available
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Open $1,350,000 Credit Line Revolving
Closed $1,350,000 Credit Line Revolving
Previous Owner $1,050,000 Commercial
Previous Owner $108,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4208358

Canopy MLS (Canopy Realtor® Association)

APN: 9649-40-7722-00000