Townhouse at 228 Broadway Street, Asheville
Townhouse at 228 Broadway Street, Asheville, photo 2 of 6
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6 photos

$1,050,000

228 Broadway Street
Asheville, NC 28801
Listed by Kevin Kerr · Obsidian Real Estate LLC
Bedrooms
2
Bathrooms
2.5
Living area
1,604 sqft
Year built
2026

About this home

The Monroe is a rare expression of contemporary luxury in the heart of Asheville—four private residences designed for those who appreciate architecture, craftsmanship, and an exceptional sense of place. Set along Broadway Street between historic Montford and Five Points and just one block from downtown, The Monroe places Asheville’s restaurants, galleries, culture, and energy at your doorstep while offering the privacy and presence of a truly private home. Each 2-bedroom, 2.5-bath residence is conceived as an elevated urban retreat, with its own private entrance and private elevator serving every level. Interiors are defined by an understated sophistication: European cabinetry, natural stone countertops, and a chef-caliber kitchen outfitted with luxury appliances create a setting equally suited to intimate dinners or effortless entertaining. Spa-inspired bathrooms, warm natural materials, and contemporary architectural details continue the sense of refinement throughout. Above it all, an exceptional covered rooftop terrace creates a private outdoor sanctuary rarely found in the city. Framed by Asheville’s canopy of trees, the terrace opens to striking views toward downtown and the Blue Ridge Mountains beyond—an extraordinary setting for morning coffee, sunset cocktails, or evenings under the stars. The architecture balances modern restraint with warmth. Nichiha architectural siding, rich wood accents, and charcoal masonry establish a sophisticated material palette that feels distinctly contemporary while remaining beautifully attuned to the character of the surrounding neighborhood. The Monroe is the latest offering from Broadway Development Group, the acclaimed team behind the highly successful, sold-out Broadway Townhomes directly across the street. Their commitment to thoughtful design, quality construction, and exceptional urban living is evident throughout this intimate collection. Exclusive. Architectural. Exceptionally located. The Monroe offers a distinctive opportunity to experience Asheville at its most sophisticated—an exquisitely designed residence with the freedom of a private home, the convenience of downtown living, and a rooftop vantage point unlike anything else.

Highlights

New construction

Property details

MLS
Canopy MLS
MLS #
CAR4426970
Property type
Townhouse
Subdivision
Monroe Place
Status
Active
Days on market
1
On market date
September 23, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Claxton Elementary
0.43 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
390
Student:teacher ratio
13.4:1
District
Asheville City Schools
Middle
Asheville Middle
1.08 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
2.02 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools20
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 1 days -- 119 fewer days than Asheville's current average of 120 days.
For reference, the median list price across 1,597 active listings in Asheville right now is $489,000.

Mortgage calculator

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Est. monthly payment
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 24, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.