Residences at Biltmore Condos for Sale – Asheville NC
The Residences at Biltmore is an amenity-filled condominium community just minutes from Downtown Asheville, and is located between Mission Hospital and Biltmore Village. It’s also one of only a few areas within the Asheville city limits that permits short-term vacation rentals. In fact, The Residences at Biltmore offers on-site property management, including marketing, booking, and housekeeping, so that owners can generate revenue to offset the cost of ownership.
While the on-site management fee is more expensive than most conventional short-term rental managers in Asheville, the service is all-inclusive. Buying a condo at The Residences at Biltmore is very similar to buying a suite in a hotel. Buyers can choose from 1-bedroom, 2-bedroom, and 3-bedroom suites, all with a full kitchen and private balcony. All maintenance is handled by the property manager and even the furnishings are updated periodically throughout the entire complex (for units that participate in the rental program). This way, each unit looks the same except for the number of bedrooms and bathrooms.
There are also lots of amenities, including the following:
- fitness center with treadmills, ellipticals, bikes, weights, and resistance equipment
- restaurant and bar
- outdoor pool and hot tub
- fire pit
- business center and event space for up to 100 guests
- 24/7 concierge service.
The Residences at Biltmore can even host weddings, so large groups frequently use the complex, ensuring more rented nights for property owners. Because all aspects of the condo investment are managed, some investors actually buy and sell condos in the Residences at Biltmore without every seeing them in person. And in many cases, owners buy strictly for investment and never use the condos themselves.
There are also condo owners that live here as their primary residence. Mission Hospital is Asheville is even within walking distance, and several Asheville City Schools are nearby.
Re-sale inventory is typically very limited in this community, and the fact that most units are sold fully furnished make The Residences at Biltmore a truly turnkey investment. We highly recommend setting up a saved search on our website to be sure you are notified when a new unit is listed for sale in The Residences at Biltmore.