Asheville · Asheville, NC
120 Biltmore Avenue #306
Asheville, NC · 1,171 sqft
$1,250,000
- 2Beds
- 2Baths
- 1,171SqFt
- 2027Year
- 3Days on market
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.
Property details
- Beds
- 2
- Baths
- 2
- SqFt
- 1,171
- Lot
- —
- Year built
- 2027
- Type
- Condo
- Days on market
- 3
- Garage
- 1
- Style
- Contemporary
- Heating
- Ductless
- Cooling
- Ductless
- Foundation
- Other - See Remarks
- Flooring
- Tile, Wood
- View
- City, Year Round
Features
- Breakfast Bar
- Cable Prewire
- Kitchen Island
- Other - See Remarks
- Elevator
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$9,043/ month
- Principal & interest
- $7,741
- Property tax (~0.90%)
- $937
- Homeowners insurance
- $364
- HOA dues
- —
Down payment
$62,500 down · $1,187,500 financed
Income to qualify (28% rule)
~$387,586 / 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.