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8 Village Ln, Asheville, NC 28803
16 Beds
19 Baths
19,364 sqft

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Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15,448SF building (see PIN#9647-79-0174-R0001). Elevator.
  • Price:
  • $5,550,000
  • Bedrooms:
  • 16
  • Full Baths:
  • 16
  • Half Baths:
  • 3
  • Square Footage:
  • 19,364
  • Acreage:
  • 1.93
  • Year Built:
  • 1931
  • Listing ID #:
  • 3509595
  • Street Address:
  • 8 Village Ln
  • City:
  • Asheville
  • State:
  • North Carolina
  • Postal Code:
  • 28803
  • County:
  • Buncombe
  • Subdivision:
  • Biltmore Village
  • Listing Status:
  • Active
  • Construction Description:
  • Stone, Other
  • Construction Status:
  • Complete
  • Construction Type:
  • Site Built
  • Exterior Features:
  • Outdoor Fireplace
  • Fireplace:
  • Gas Logs, Gas Vented, Living Room
  • Fireplace:
  • 1
  • Flooring:
  • Carpet, Laminate Wood, Marble, Tile
  • Foundation:
  • Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Number Of Units:
  • 8
  • Porch Description:
  • Back, Balcony, Enclosed Patio
  • Style:
  • European, Traditional
  • Total Building Square Footage:
  • 19364
  • Year Built:
  • 1931
  • Elevation:
  • 2000-2500 Ft. Elev.
  • Lot Features:
  • Cul-De-Sac Lot, Flood Fringe Area, Green Area, Level, Private, Trees, Wooded
  • Community Features:
  • Security, Sidewalk, Street Lights
  • Days On Market:
  • 59
  • Laundry:
  • Main
  • Driveway:
  • Gravel
  • Parking Description:
  • Lot
  • Equipment:
  • Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Gas Range/Oven, Microwave, Natural Gas, Range/Hood, Refrigerator
  • Existing Water:
  • City Water
  • Hvac:
  • Heat Pump - Ac, Heat Pump - Heat
  • Sewage Type:
  • City Sewer
  • Water Heater:
  • Natural Gas
  • Listing Provided By Premier Sotheby's Int'l Realty
  • CRRA
  • Schools information provided by ATTOM
2
out of 5

Hall Fletcher Elementary
Public
K-5
370 students
11 student/
teacher
3
out of 5

Asheville Middle
Public
6-8
850 students
12 student/
teacher
4
out of 5

Asheville High
Public
9-12
1165 students
11 student/
teacher
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo