120 Biltmore Avenue #404, Asheville, NC
$1,350,000 · 2 bedrooms · 2 baths · 1,140 sq ft · built 2027
Listing courtesy of Howard Hanna Beverly-Hanks Biltmore Avenue (William Coin). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
Modernist architecture meets the cultural pulse of Asheville’s South Slope at MK on Biltmore, a six-story steel and concrete development slated for completion in 2027. Residence 404 occupies a precise position on the fourth floor, offering 1,140 square feet of interior space complemented by an expansive, south-facing 380-square-foot terrace. The two-bedroom, two-bathroom floor plan emphasizes clean lines with 10-foot ceilings, quartz surfaces, and floating vanities. For the strategic investor, the property’s rare eligibility for short-term rental use provides a distinct advantage in a municipal climate that increasingly restricts such hospitality opportunities. The building integrates an on-site restaurant and retail, placing residents within walking distance of the Asheville Art Museum and the city’s most celebrated culinary institutions. Early acquisition allows for significant personalization, including consultations with the project’s interior designer and the procurement of deeded parking and EV charging stations. Private consultations regarding the remaining inventory at MK on Biltmore are available through Peters & Associates.
About the home
A 2-bedroom, 2-bath residence with an exceptional outdoor space: Residence 404 at MK on Biltmore offers 1,140 square feet of interior living space plus a huge, private 380-square-foot south-facing terrace. Located on the fourth floor, Residence 404 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.
Price in context
- Asking $1,184 per square foot.
- That is 126% above the $525 median across 183 active $1.5M+ homes in Asheville.
- 136th highest asking price of 183 active $1.5M+ homes in Asheville.
- 161st largest by living area of the 164 with a recorded size.
- No price changes since it was listed.
- 77 days on the market, listed 2026-07-27.
- County tax assessment $9,999,999; the asking price is 0.14× the assessed value.
Location
Neighborhood: Mk On Biltmore, Buncombe County, ZIP 28801.
Assigned schools
- Elementary: Asheville City
- Middle: Asheville
- High: Asheville
School assignments come from the listing and can change; confirm with the district.
Features
- Style
- Contemporary
- Levels
- 5 Story or more
- Construction
- Fiber Cement, Other - See Remarks
- Roof
- Rubber
- Builder
- BEVERLY GRANT
- New construction
- Yes
- Bathrooms
- 2 full
- Interior
- Breakfast Bar, Cable Prewire, Kitchen Island, Split Bedroom
- Flooring
- Tile, Wood
- Kitchen & appliances
- Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
- Heating
- Ductless
- Cooling
- Ductless
- Garage
- 1 spaces
- Parking
- Assigned, Electric Gate, Electric Vehicle Charging Station(s), Attached Garage, Garage Door Opener
- Exterior
- Elevator, Other - See Remarks
- View
- City, Long Range
- Lot
- Corner Lot, Hilly, Views
- Community
- Elevator, Sidewalks, Street Lights, Other
- County
- Buncombe
Comparable homes on the market
- 120 Biltmore Avenue #201, Asheville — $1,500,000, 2 bd, 1,402 sq ft, also in Mk On Biltmore
- 120 Biltmore Avenue #306, Asheville — $1,250,000, 2 bd, 1,171 sq ft, also in Mk On Biltmore
- 120 Biltmore Avenue #502, Asheville — $2,600,000, 3 bd, 1,682 sq ft, also in Mk On Biltmore
- 161 Church Street #703, Asheville — $3,425,000, 3 bd, 2,714 sq ft, 0.1 mi away
- 161 Church Street #302, Asheville — $1,556,426, 2 bd, 1,388 sq ft, 0.1 mi away
- 55 S Market Street #404, Asheville — $1,049,000, 2 bd, 1,614 sq ft, 0.2 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.