Condominium at Asheville
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Azalea Bar & Kitchen - Asheville
Azalea Bar & Kitchen - Asheville
Azalea Bar & Kitchen - Asheville
Azalea Bar & Kitchen - Asheville
Azalea Bar & Kitchen - Asheville
34 photos

$365,000

Asheville, NC 28803
Listed by Martin Burson · RE/MAX Executive
Bedrooms
2
Bathrooms
2
Living area
1,026 sqft
Year built
2006

About this home

Located just minutes from Biltmore Village, this fully furnished 2-bedroom, 2-bath condominium at Lantern Lodge offers a rare combination of luxury, convenience, and documented rental history. Designed for both personal enjoyment and investment potential, the residence features a full-size kitchen with granite countertops, hardwood flooring, a stacked-stone gas fireplace, a private balcony, and a spa-inspired primary bath with a jacuzzi soaking tub. The HVAC system was replaced in 2023, and the property's elevator systems have been recently updated. Residents and guests enjoy access to an impressive collection of resort-style amenities, including a heated outdoor pool, hot tub, fitness center, fire pit gathering area, concierge services, on-site management, and a newly added event venue suitable for weddings, retreats, and conferences. Azalea Bar & Kitchen, located on-site, offers Southern-inspired cuisine, craft cocktails, and local brews in a welcoming mountain setting. Ownership is truly lock-and-leave, with hotel-style services handling housekeeping, linens, maintenance, and day-to-day operations. A short-term rental program is available, and historical rental financial information from 2019 through 2025 is available for review. The Residences at Biltmore has transitioned to Lantern Lodge, reflecting a renewed identity that honors the first responders, utility crews, and recovery teams who played a vital role in Western North Carolina's response to Tropical Storm Helene. Whether you're seeking a full-time residence, mountain getaway, second home, or income-producing investment, Unit 114 offers exceptional flexibility in one of Asheville's most desirable locations near Biltmore Estate, downtown Asheville, shopping, dining, and outdoor recreation.

Highlights

Fireplace

Property details

MLS #
CAR4302722
Property type
Condominium
Subdivision
None
Status
Active
Days on market
276
On market date
September 17, 2025
Stories
N/A
Total bathrooms
2
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hall Fletcher Elementary
1.69 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
258
Student:teacher ratio
10.8:1
District
Asheville City Schools
Middle
Asheville Middle
1.33 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
0.5 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).

78
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks13
Schools12
Transit stops20
Pharmacies6

Market position

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

On the market 276 days -- 149 more days than Asheville's current average of 127 days.
For reference, the median list price across 1,242 active listings in Asheville right now is $507,000.

Mortgage calculator

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Est. monthly payment
$2,348/mo
$73,000 down
$292,000 loan
Principal & interest$1,894
Property tax (est.)$304
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 20, 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.