For Sale $565,000
Own a piece of Asheville history in this beautifully appointed corner condo at the iconic Kress Building, ideally located in the heart of Downtown Asheville, NC. Unit 201 is a rare 1-bedroom, 1-bath downtown Asheville condo offering 912 square feet, abundant natural light, two exposures, and a comfortable open-concept layout perfect for full-time living, a second home, or a downtown pied-Ã -terre. Soaring ceilings, oversized windows, gleaming hardwood floors, and timeless architectural details showcase the historic character of this highly sought-after Asheville landmark. The open kitchen and living area create an inviting space for everyday living and entertaining, while the corner location provides exceptional light and views throughout the day. Enjoy the convenience of secure building entry, a private basement storage unit for bikes, luggage, and seasonal items, and access to the Kress Building's stunning rooftop terrace with panoramic downtown Asheville and mountain views. Imagine morning coffee above the city, sunset cocktails, or taking in Asheville's spectacular fireworks from the rooftop. Located at the corner of Lexington Avenue and College Street, this Downtown Asheville location puts acclaimed restaurants, local coffee shops, breweries, art galleries, shopping, live music, and Asheville's vibrant cultural scene just outside your door. Experience the best of Asheville's urban lifestyle while surrounded by the character and history of one of Downtown Asheville's most recognizable buildings. The Kress Building is a designated National Register of Historic Places property, and eligible owners may benefit from significant historic tax exemptions. Parking is available at the Rankin Parking Deck and Harrah's Cherokee Center across the street. Furnishings are negotiable with an acceptable offer, creating an especially turnkey opportunity. If you've been searching for a historic condo in Downtown Asheville, a 1-bedroom Asheville condo, or a unique pied-Ã -terre in the heart of Western North Carolina, don't miss this rare opportunity to own a corner residence at the iconic Kress Building.
Elevator, Rooftop Terrace, Storage
| List Price: | $565,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Condominium |
| Approx Sq. Ft.: | 912 sqft |
| Parking: | Other - See Remarks |
| MLS Number: | CAR4415642 |
| Subdivision: | The Kress Condominium |
| Style: | Contemporary |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot, Paved |
| Year Built: | 1928 |
| Sewer Type: | Public Sewer |
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 09-24-2026 | Price Decrease | $565,000-3.42% | $620 |
| 08-28-2026 | Price Increase | $585,000+58.54% | $642 |
| 04-27-2026 | Listed | $369,000 | $405 |
| 03-28-2026 | Listed | $470,490 | $516 |
| 05-21-2025 | Listed | $584,032 | $641 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Hall Fletcher Elementary | 2 miles | PK-05 | 2 |
| Ira B Jones Elementary | 2 miles | PK-05 | 8 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
| Francine Delany New School for Children | 3 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 59 College Street, Asheville NC | 0 mi | $565,000 | days | |
| 53-C College Street, Asheville NC | 0 mi | $1,250,000 | days | |
| 33 Patton Avenue, Asheville NC | 0 mi | $847,500 | days | |
| 35 Patton Avenue, Asheville NC | 0 mi | $449,000 | days | |
| 7 Patton Avenue, Asheville NC | 0 mi | $1,199,000 | days | |
| 15 Rankin Avenue, Asheville NC | 0.1 mi | $899,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Town and Mountain Realty
59 College Street, Asheville NC is a 912 ft2 . This is for $565,000. This has 1 bedrooms, 1 baths, and was built in 1928.
Based on information submitted to the MLS GRID as of 2026-04-27 11:21:55 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.