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$605,000
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Property Description
Own a piece of Asheville history with this premier turnkey investment opportunity. Nestled on the third floor of the iconic, Douglas Ellington-designed Art Deco S&W Building, this luxury 1-bed, 1-bath loft is a highly successful, proven short-term rental in the absolute heart of downtown. Accessible via a secure elevator, the condo beautifully marries historic character with modern urban luxury. Fall in love with the soaring raw concrete ceilings, original exposed brick accent walls, gleaming hardwood floors, and massive windows that frame downtown views. The open-concept layout flows seamlessly from the chic dining area into a fully equipped kitchen featuring granite countertops and stainless steel appliances. Walk out into Asheville's finest dining, shopping, and entertainment-or simply take the elevator downstairs to the bustling S&W Market food hall. Fully furnished and completely turnkey, this is a rare, blue-chip asset to add to your portfolio or utilize as the ultimate downtown getaway. Transferable legal short term rental.
Full Property Details
Full Property Details for 56 Patton Ave #306
General
- Sold For: $605,000
- HOA FEE: $303/month
- Status: Closed
- Type: Condo
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4394114
- Added to Site: 105 day(s) ago
Interior
- Interior Features: Built-in Features, Cable Prewire, Open Floorplan
- Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Hall, Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Elevator
Parking
- Parking Features: On Street
Location
- County: Buncombe
- Subdivision: S & W Condominium
- Driving Directions: From 240W, take Exit 4C for Haywood St/Montford Ave. Left at the light onto Montford Ave. Left at the next light onto Haywood St. Continue on Haywood St for about 0.4 miles. Haywood St will dead-end into Patton Ave at Prichard Park. 56 Patton Ave (S&W Market building) will be directly in front of you on the right corner.
School Information
- Elementary School: Asheville City
- Middle School: Asheville
- High School: Asheville
Community
- Assoc. Name: S&W Condominium Assoc
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Cable Connected, Electricity Connected, Natural Gas, Wired Internet Available
Structural Information
- Architectural Style: Modern
- Construction: Site Built
- Exterior Const.: Brick Full, Stone
- Basement Desc.: Other
- Roof: Rubber, Other - See Remarks
- Entry Floor Number: 306
- Main/1st Level: 1,000 Sq. Ft.
- Year Built: 1929
Lot Features
- Street/Road Desc.: Concrete, None, Paved
- Elevation (Approx.): 2000
- Lot Features: Views, Other - See Remarks
- Rcmdd Zoning: CBD
Horse Property
- Horse Facility Desc.: None
Financial Considerations
- Association Fee: $303
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: Short Term Rental Allowed
- Property ID: 9649-30-6197-C0306
- Lot Number: 5386-871
Listed by Howard Hanna Beverly-Hanks Asheville-Downtown
Sold by Premier South
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Schools
Schools serving 56 Patton Ave #306
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.9 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.9 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.7 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.8 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.4 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56 Patton Ave #306
Date
Details
Price
Change
Source
9/16/2026
Sold
$605,000
-6.92%
MLS
6/26/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
56 Patton Avenue #306, Asheville, NC 28801 (MLS# 4394114) is a Condo property that was sold at $605,000 on September 16, 2026. Want to learn more about 56 Patton Avenue #306? Do you have questions about finding other Condo real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

