Is Asheville Ready For $2 Million Green Condos?

by Deidre Woollard (RSS feed)
Feb 1st 2009 at 8:01AM

Asheville, North Carolina isn't the place I would expect to find $2 million condos but a local developer is hoping that they can find ten green-minded buyers to make the 73 North Street project a reality. The project is built on a small lot and includes a photovoltaic array on the roof and a garage that will only fit Smart cars (a Smart car comes with each unit).

The first floor of the building will have a small commercial space and the second will include an exercise room and spa and a guest room for visitors of building residents. The building's roof would be home to a lounge and garden. The building is planning for LEED certification and will include green features such as a water collection system, water-conserving fixtures, high-efficiency appliances and automated lighting and shading systems.

The building's units will sell for $2.1 million to $2.6 million and each would be about 2,300 square feet and take up an entire floor. According to an article in the Citizen-Times, the project won't go forward unless six of the units are sold in advance. Right now you can buy a large house with an acre or two of land for about that price in the Asheville area so the developers have an uphill climb ahead of them.

Tags: asheville, condominiums, condos, green, leed, north carolina, NorthCarolina, real estate, RealEstate

Filed under: Green, Real Estate Developments

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Reader Comments (Page 1 of 1)

Sarah Feb 1st 2009 11:07PM

I'll cut right to the chase - Is Asheville ready? I vote a resounding no.

divabunny Feb 8th 2009 8:48PM

as an asheville resident, i'm just curious why the negativity about our real estate market? we've still got one of the few markets in the country that hasnt completely tanked.