Asheville · Asheville, NC
120 Biltmore Avenue #201
Asheville, NC · 1,402 sqft
$1,500,000
- 2Beds
- 2Baths
- 1,402SqFt
- 2027Year
- 3Days on market
About this home
A rare find in downtown Asheville: Residence 201 at MK on Biltmore is a 3-bedroom, 2-bath short-term rental, a configuration that's hard to come by in this luxury new-construction market. This second-floor residence offers 1,402 square feet of interior living space plus a private 106-square-foot balcony, with long-range southern views from floor-to-ceiling windows, 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.
Property details
- Beds
- 2
- Baths
- 2
- SqFt
- 1,402
- Lot
- —
- Year built
- 2027
- Type
- Condo
- Days on market
- 3
- Garage
- 1
- Style
- Contemporary
- Heating
- Ductless
- Cooling
- Ductless
- Foundation
- Slab
- View
- Long Range, Year Round
Features
- Breakfast Bar
- Cable Prewire
- Entrance Foyer
- Kitchen Island
- Open Floorplan
- Split Bedroom
- Elevator
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$10,852/ month
- Principal & interest
- $9,289
- Property tax (~0.90%)
- $1,125
- Homeowners insurance
- $437
- HOA dues
- —
Down payment
$75,000 down · $1,425,000 financed
Income to qualify (28% rule)
~$465,104 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.