120 Biltmore Avenue #502, Asheville, NC
$2,600,000 · 3 bedrooms · 4 baths · 1,682 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.
About the home
A signature residence at MK on Biltmore: Unit 502 spans the entire south-western side of the building, offering 1,657 square feet of interior living space plus a massive 1,071-square-foot private terrace, with long-range mountain and city views. A separate primary suite and powder room are accessed directly from the terrace, creating a rare indoor-outdoor flow uncommon in downtown Asheville. This 3-bedroom, 3.5-bath home will be one of the most remarkable residences ever offered in downtown Asheville. 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 $1,546 per square foot.
- That is 195% above the $525 median across 183 active $1.5M+ homes in Asheville.
- 46th highest asking price of 183 active $1.5M+ homes in Asheville.
- 152nd 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 0.26× 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
- 3 full, 1 half
- Interior
- Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Flooring
- Tile, Wood
- Kitchen & appliances
- Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
- Heating
- Ductless, Heat Pump
- Cooling
- Ductless, Heat Pump
- 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, Mountain(s), Year Round
- Lot
- Corner Lot, Hilly, Views
- Community
- Elevator, Sidewalks, Street Lights
- 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 #404, Asheville — $1,350,000, 2 bd, 1,140 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.