Downtown Asheville Condos & New Construction

Looking for a condo in Asheville? Mills Coin & Co. Real Estate Group specializes in downtown Asheville condos, from our showroom at 40 Biltmore Avenue. Our team has led the downtown Asheville condo market since 2016, and we outpace our five closest competitors combined in sales. Whether you want a lock-and-leave second home, a full-time residence steps from dinner and the Blue Ridge Parkway, or an investment, we can show you every option, including new buildings that aren't on the open market yet.

New Construction Condos and Townhomes

  • MK on Biltmore Avenue: six stories at 120 Biltmore Avenue, now under construction. Select residences on floors one through four are approved for short-term rental use. 1–3 bedrooms, priced from the $700,000s. Completion expected summer 2028.

  • Churchill Residences: 37 residences at 161 Church Street, downtown Asheville's first ultra-luxury condominium. 2–4 bedrooms, priced from $1,100,000 to $4,500,000. Move-in fall 2028.

  • Aster Court: 18 luxury townhomes half a mile from downtown in historic Chestnut Hill, with private two-car garages and an elevator option. Pricing starts in the $900,000s. Move-in April 2028.

Established Downtown Buildings

Resale condos come up regularly in established buildings like 45 Asheland, The Arras Residences on Pack Square and 55 South Market. At 45 Asheland, short-term rental use is allowed on two floors and pricing starts around $500,000. Ask us about recent sales and what's coming before it hits the MLS.

Why Buy a Condo with Mills Coin & Co.

  • Brokers ranked in the top 1% in the country, with over $600 million in career sales

  • Over 60 years of combined experience in Asheville real estate, led by William Coin and Scott Mills

  • Early access to pre-construction pricing and floor plans at Asheville's newest buildings

  • Straight answers on HOA dues, short-term rental rules and parking before you write an offer

Asheville Condo FAQs

What do condos cost in downtown Asheville? Condos at 45 Asheland start around $500,000, and new construction runs from the $700,000s at MK on Biltmore Avenue to $4,500,000 at Churchill Residences. Resale condos vary by building, size and view; we'll send you recent sales for any building you're considering.

Can I rent my Asheville condo short-term? It depends on the building and the floor. At MK on Biltmore Avenue, select residences on floors one through four are approved for short-term rental use, and 45 Asheland allows it on two floors. Many other buildings don't allow it, so ask us before you buy.

When will the new buildings be finished? MK on Biltmore Avenue is expected summer 2028, Aster Court in April 2028 and Churchill Residences in fall 2028.

Browse the listings below, or call us at (828) 782-5588 for a private tour.

Property Listings

Downtown Listings & Sales

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Under Contract
Active Under Contract
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Work With Us

At Mills Coin & Co. Real Estate Group, we’re your trusted partner in navigating the Asheville real estate market. Whether you're buying, selling, or investing in property in Asheville, we're here to make the process smooth, seamless, and successful for you.