Condominium at 121 Merchant Street, Asheville
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$299,900

121 Merchant Street
Asheville, NC 28803
Listed by Caleb Pohlman · WEICHERT, Realtors - Unlimited
Bedrooms
3
Bathrooms
2
Living area
1,330 sqft
Year built
2002

About this home

Easy living close to everything Asheville has to offer. This 3-bedroom, 2-bath condo for sale in Willow Arbor sits in the Oakley neighborhood. You're minutes from Biltmore Village shopping and dining, with quick access to I-240 for getting anywhere else in town. Go through the covered deck, shaded by mature trees. Inside, the open floor plan flows from the kitchen into the living room, where a big window lets in natural light. The main level has two bedrooms, two full baths, wood flooring, and a laundry area. Downstairs, the partially finished lower level has luxury vinyl flooring and a third bedroom with a closet, which works for guests, an office, or a roommate. You also get two assigned parking spaces right outside your door. If you're looking for a low-maintenance home in a convenient spot in Asheville, 28803, come see it.

Property details

MLS
Canopy MLS
MLS #
CAR4431038
Property type
Condominium
Subdivision
Willow Arbor
Status
Active
Days on market
1
On market date
October 14, 2026
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.

Elementary
Oakley Elementary
0.32 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
447
Student:teacher ratio
13.5:1
District
Buncombe County Schools
Middle
Reynolds Middle
2.42 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
523
Student:teacher ratio
14.5:1
District
Buncombe County Schools
High
Early College
2.25 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks5
Schools4
Transit stops20
Pharmacies4

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 1,585 active listings in Asheville right now is $485,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 12 hr ago.

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.