Cozy gas fireplaceBeautiful rooftop patiosPassthrough kitchen counterGenerous closet spaceEn suite bath
Enjoy downtown living in this inviting 2-bedroom condo located right in the heart of the city. The open living area features a cozy gas fireplace and passthrough kitchen counter—perfect for relaxing or entertaining. Both bedrooms are comfortably sized, each with its own en suite bath and generous closet space. Step outside and you’ll find yourself only steps from downtown shops, restaurants, and local attractions. Beautiful rooftop patios with expansive downtown and mountain views add to the beauty of this historic building. And speaking of historic, owners enjoy a 50% historic property tax credit annually! Considering downsizing? Old Penneys is a rare downtown building with ample storage space available to residents.
278 days
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357
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11
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Zillow last checked:
Listing updated:
Listed by:
Craig Marianicraig@tessiergroup.com,
Tessier Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4313589
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2
Primary bedroom
Level: Main
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Dryer, Washer/Dryer
Laundry: In Unit
Features
Has basement: No
Fireplace features: Gas Log, Gas Unvented
Interior area
Total structure area: 1,003
Total interior livable area: 1,003 sqft
Finished area above ground: 1,003
Finished area below ground: 0
Property
Parking
Parking features: Other - See Remarks
Features
Levels: One
Stories: 1
Entry location: Main
Waterfront features: None
Lot
Size: 0.19 Acres
Details
Parcel number: 9649304764C0303
Zoning: CBD
Special conditions: Standard
Construction
Type & style
Home type: Condo
Property subtype: Condominium
Materials
Brick Full
Condition
New construction: No
Year built: 1925
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Community
Subdivision: Old Pennys Bldg. Condominiums
HOA
Has HOA: Yes
HOA fee: $530 monthly
HOA name: Tessier
HOA phone: 828-254-9842
Location
Region: Asheville
Financial & listing details
Price per square foot: $573/sqft
Tax assessed value: $460,800
Annual tax amount: $2,733
Date on market: 10/19/2025
Cumulative days on market: 278 days
Road surface type: Paved
Estimated market value
Zestimate®
$560,400
Estimated sales range
$532,000 - $588,000
Rent Zestimate®
$2,157/mo
Price history
Date
Event
Price
11/5/2025
Price change
$575,000-4.2%$573/sqft
Source: Canopy MLS as distributed by MLS GRID #4313589Report a problem
10/19/2025
Listed for sale
$600,000+331.7%$598/sqft
Source: Canopy MLS as distributed by MLS GRID #4313589Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.