HGTV-Renowned Asheville Condo Shatters Local Record with $3.15 Million Sale

A sophisticated two-bedroom, 2.5-bathroom condominium located at 75 Broadway Street in the heart of downtown Asheville, North Carolina, has achieved a landmark sale, fetching $3.15 million and establishing a new all-time record for the priciest condo transaction in the city. This remarkable sale surpasses all previous condominium sales in Asheville's history, underscoring the burgeoning appeal of its luxury urban market. The residence initially entered the market in February 2025 with an ambitious asking price of $3.75 million. Facing market realities, it underwent a substantial price adjustment of $255,000 in March of the current year, reducing the asking price to $3.49 million. While this revised price was not met, the ultimate sale amount of $3.15 million has definitively cemented its status as the most expensive condo ever sold in Asheville. This record-setting transaction adds a significant accolade to the property's already distinguished profile. It was previously crowned the winner of HGTV's prestigious 2021 "Ultimate House Hunt" competition, triumphing in the highly competitive "Downtown Dwellings" category. The national competition, which saw over 1.5 million votes cast across the United States, highlighted the Asheville property's exceptional appeal, as it outperformed residences located in much larger and more established metropolitan areas, including Seattle, Dallas, and Chicago. The property's sales history reveals a previous transaction in November 2021, when it sold for $2.85 million. The most recent sale at $3.15 million represents a substantial increase in value of $300,000 in less than four years. This significant appreciation is indicative of a robust and growing demand for high-end, well-located downtown condominiums in Asheville. The property's unique architectural features, luxurious finishes, and prime downtown location, combined with the significant national exposure gained from its HGTV win, undoubtedly contributed to its exceptional market performance and the record-breaking sale price. This sale not only sets a new financial benchmark but also signals a strong upward trend in the valuation of premium urban residences in desirable locations within Asheville's dynamic real estate landscape.