$429,400
$449,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
739 SqFt
SOLD DATE : 11/25/2025
Key Details
Sold Price $429,400
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 739 sqft
Price per Sqft $581
Subdivision Old Penneys Building Condos
MLS Listing ID 4244695
Sold Date 11/25/25
Bedrooms 1
Full Baths 1
HOA Fees $437/mo
HOA Y/N 1
Abv Grd Liv Area 739
Year Built 1925
Property Sub-Type Condominium
Property Description
Here's your chance to own a slice of Asheville's vibrant history in the iconic Old Penney's Building—a true masterpiece from the 1920s designed by famed architect Richard Sharp Smith and substantially renovated in 2000. This updated condo is filled with vintage character & timeless charm, featuring original hardwood floors, lofty ceilings, distinctive curved walls, and oversized windows. Enjoy the unique blend of old-world design and modern comfort in this elegant, artistic, and move-in-ready space! Relax on the rooftop terrace while soaking in panoramic views of the Blue Ridge Mountains, enchanting sunsets, and all of Asheville! Located in the heart of downtown, enjoy unbeatable access to dining, shopping, entertainment & the ultimate city life right outside your door. Thanks to the building's historic designation, property taxes remain exceptionally low. Ground-level storage is available, & as a bonus, this unit is zoned live/work and allows for annual rentals. A truly special find!
Location
State NC
County Buncombe
Zoning CBD
Rooms
Basement Storage Space
Main Level Bedrooms 1
Interior
Interior Features Breakfast Bar, Open Floorplan
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplace false
Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Laundry In Unit, Laundry Room
Exterior
Community Features Elevator, Rooftop Terrace
View City, Long Range, Mountain(s), Year Round
Roof Type Other - See Remarks
Street Surface Paved
Garage false
Building
Lot Description Views
Foundation Basement
Sewer Public Sewer
Water City
Level or Stories 5 Story or more
Structure Type Brick Partial,Other - See Remarks
New Construction false
Schools
Elementary Schools Asheville City
Middle Schools Asheville
High Schools Asheville
Others
Pets Allowed Yes
HOA Name Tessier Group
Senior Community false
Restrictions Deed
Acceptable Financing Cash, Conventional
Horse Property None
Listing Terms Cash, Conventional
Special Listing Condition None
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