Courtesy of Keller Williams Professionals.
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!
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!
Residential
Condominium
1925
5 Story or more
--
--
Active
23
-- Sq. Ft.
-- Sq. Ft.
Location
- Tessier Group
- 828-254-9842
- Monthly
- $437
- No
- Breakfast Bar, Open Floorplan
- In Unit, Laundry Room
- Central Air
- Forced Air
- Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer\/Dryer
- Wood
Marie Reed
Keller Williams Professionals
Buncombe
4244695
Average List Price
$724,740
8%
Average Sale Price
$699,868
7%
Days on Market
45
54%
Homes Sold
25
60%
Median List Price
$725,000
7%
Median Sale Price
$640,000
2%
Sale/Price Ratio
97%
2%
Homes for Sale
117
38%
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Based on information submitted to the MLS GRID as of 05/10/2025 09:52 AM. 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.
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