$5,550,000 8 Village Lane Asheville, NC

MLS: 3242509   Type: Commercial   County: Buncombe   City: Asheville   Area: Buncombe County   Zip: 28803     Stories: 4

Mortgage $26,056 /mo



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Rare development and investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short-term vacation rental, a 30 space off-street parking lot, and a development pad where owner was permitted for an additional 15,448SF building(see PIN#9647-79-0174-R0001). Elevator.

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Price History

1/17/2018 Listed $5,550,000

Access City Street
Complex Name Biltmore Village Condominiums
Construction Status Complete
Easement Sewer
Misc. Carpeting, Elevator, Fire/Smoke Alarm, Front Elevation, Reception Area, Security System
Number Of Rentals Total 8
Number Of Units Buildings 1
Property Sub Type Other
Property Type Commercial
Publically Maintained Road 1
Restrictions Historical
Status Active
Utilities Commercial Cable, City Sewer, City Water, Electricity, Gas, Telephone
Zoning Institutional

Interior Features

Commercial Cooling Central, Individually Metered
Commercial Heating Gas, Individually Metered
Total Baths 17.50

Exterior Features

Foundation Details Basement Inside Entrance, Basement Outside Entrance, Concrete
Inclusions Building, Land, Licenses
Lot Size Area 1.934
Number Of Docks Total 0
Number Of Drive In Doors Total 0
Parking Total 30
Road Frontage 0
Roof Rolled Rubber

Property Schools

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Gallery (24 photos)

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Property vs Zip Code Avg (28803)

Price 5.55M Avg 845K

Sqr Feet 19,364 Avg 5,349

Cost / Sqr Ft $287 Avg $158

Acres 1.93 Avg 3.52

Visits 14 Avg 13

Walkscore® 56 Avg 43

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Listing Provided Courtesy Of: Premier Sotheby's Int'l Realty

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Location & Address

The Streppa Team | RealtyAsheville.com: Homes for Sale
86 Asheland Avenue
Asheville, NC