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The Kress Condominium for Sale in Asheville, SC

The Kress Condominium is one of Asheville’s most recognizable downtown addresses, anchored at 59 College Street in the historic Kress Building.

Active
1
Recently Sold
13

Active & Pending Listings

About The Kress Condominium

Community overview based on MLS listing data for The Kress Condominium, Asheville

First Impressions

The Kress Condominium is one of Asheville’s most recognizable downtown addresses, anchored at 59 College Street in the historic Kress Building. From the street, it reads as classic Asheville: an Art Deco landmark with a strong urban presence, set right where College Street meets the energy of the city center. Inside, the appeal is immediate—tall ceilings, generous windows, and light-filled rooms that look out over downtown and the surrounding mountains.

"A historic downtown residence where skyline views and city life are part of the everyday backdrop."

Home Styles & Community Feel

This is a condominium community through and through, with every home tied to the same 1928 building. The architecture leans into its historic character, and the interiors pair that heritage with modern updates: open layouts, hardwood floors, renovated kitchens and baths, and thoughtful storage solutions. Many residences also make use of basement storage, which is a practical bonus in a downtown setting where space matters.

The overall feel is polished and distinctly urban. Top-floor and corner units capture the strongest views, while the rooftop terrace and clubhouse extend living space upward, creating a place to unwind above the street scene. The building’s scale and historic identity give it a sense of permanence that newer construction rarely matches.

Amenities & Daily Rhythm

Daily life here is shaped by convenience and atmosphere. Residents can step out to Asheville’s restaurants, coffee shops, galleries, music venues, and boutiques, then return to a secure building with elevator access and shared rooftop space. The rooftop terrace is a standout feature, offering a front-row seat to sunsets, mountain views, fireworks, and the changing rhythm of downtown.

"The rooftop terrace turns the city into a backdrop for morning coffee, evening views, and everything in between."

Practical details also matter here: storage is a recurring feature, and several homes have been updated with modern appliances, in-unit laundry, and flexible studio or one-bedroom layouts. With no garage parking and a very compact footprint, the community is best understood as a lock-and-leave downtown residence centered on walkability and low-maintenance living.

Location & Schools

The Kress Condominium sits in the heart of downtown Asheville along the College Street and Patton Avenue corridor, with the city’s dining, shopping, arts, and recreation scene at the doorstep. Public remarks place it within steps of the best of downtown, and the setting also connects easily to mountain views, waterfalls, hiking, and biking opportunities nearby. School assignments are listed as Asheville City Elementary, Asheville Middle, and Asheville High, all within the Asheville City district. For buyers who want a true downtown address with historic character and immediate access to Asheville’s core, this location is hard to miss.

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Nearby Communities

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Recently Sold in The Kress Condominium 13 recently sold in The Kress Condominium, Asheville with dates and property details

Recently Sold

13 recently sold in The Kress Condominium, Asheville

Property Sold Sold Price Days on Market Size Sold to Ask Sold $/SF
59 College Street 405 sold home in Asheville, SC 59 College Street 405 2 bd · 2 ba Feb 21 2025 $910,000 45 1,479 sq ft 95.8% $615
59 College Street 304 sold home in Asheville, SC 59 College Street 304 0 bd · 1 ba Jul 25 2023 $410,000 27 596 sq ft 98.8% $688
59 College Street 402 sold home in Asheville, SC 59 College Street 402 1 bd · 1 ba Mar 30 2023 $389,000 54 634 sq ft 101.0% $614
19 Patton Avenue 305 sold home in Asheville, SC 19 Patton Avenue 305 2 bd · 2 ba Mar 1 2022 $775,000 180 1,328 sq ft 97.5% $584
59 College Street 204 sold home in Asheville, SC 59 College Street 204 0 bd · 1 ba Feb 1 2022 $380,000 197 603 sq ft 95.0% $630
59 College Street 401 sold home in Asheville, SC 59 College Street 401 1 bd · 1 ba Dec 20 2021 $585,000 97 973 sq ft 100.1% $601
59 College Street 405 Unit E4 sold home in Asheville, SC 59 College Street 405 Unit E4 2 bd · 2 ba Oct 12 2021 $740,000 81 1,428 sq ft 98.7% $518
59 College Street 202 sold home in Asheville, SC 59 College Street 202 0 bd · 1 ba Aug 30 2021 $315,000 115 634 sq ft 92.7% $497
59 College Street 402 sold home in Asheville, SC 59 College Street 402 0 bd · 1 ba Aug 12 2021 $325,000 91 634 sq ft 98.8% $513
19 Patton Avenue 305 sold home in Asheville, SC 19 Patton Avenue 305 2 bd · 2 ba May 28 2021 $800,000 197 1,416 sq ft 91.4% $565
59 College Street 201 sold home in Asheville, SC 59 College Street 201 1 bd · 1 ba May 24 2021 $490,000 91 973 sq ft 96.3% $504
59 C College Street 303 sold home in Asheville, SC 59 C College Street 303 0 bd · 1 ba Mar 31 2021 $325,000 49 584 sq ft 100.0% $557
59 College Street 201 sold home in Asheville, SC 59 College Street 201 1 bd · 1 ba Sep 16 2020 $393,000 96 936 sq ft 98.3% $420

Market Trends

Closed sales from MLS history for The Kress Condominium, Asheville

Median sale price · trailing 12 mo
$482,500
6 sales closed · Aug 2021 – Jul 2022
Asheville 1 yr ▾ 4.8%

The Kress Condominium median sale price is $482,500; Asheville is down 4.8%.

$400k $600k $800k 20222023202420252026 $483k The Kress Condominium$475k Asheville Sales closed per quarter peak 2

The The Kress Condominium real estate market shows buyer's market conditions. Homes typically sell within 91 days. With 1 active listing and 0 homes sold in the past year, buyers have more negotiating power and time to decide.

Pricing

Median Price
$369,000
Average Price
$369,000
$/Sq.Ft (Q1)
$513

Property Details

Avg Bedrooms
0.9
Avg Bathrooms
1.3
Avg Lot Size
0.00 acres

Market Activity

Active Listings
1
Sold Last Year
0
Median Days to Sell
91 days

Community Info

Median Year Built
1928
New Construction
0%
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