Back 1005/7 Patton Avenue
Off Market

1005/7 Patton Avenue

Asheville NC 28801

1
1
778 sq. ft.
Condo
Last sold for $750,000
Rachel RamboRachel Rambo, last sold this property on 02 July 2026 after 91 days on market.

Overview

Rare Short-Term Rental Opportunity in the Arras Building — Fully Furnished & Turnkey! Experience elevated living in the heart of downtown Asheville with this beautifully appointed 1-bedroom, 1-bath residence in the iconic Arras Building. Offered fully furnished, this condo is currently part of the building’s short-term rental program (permitted on the 10th floor only), presenting a rare investment opportunity. Inside, you’ll find sleek, modern design paired with stunning mountain and city views. The seamless blend of luxury and comfort make this an ideal primary residence, second home, or income-producing property. Arras residents enjoy unmatched access to some of Asheville’s finest amenities, including award-winning dining at Bargello and craft cocktails at District 42, all just steps from your front door. Immerse yourself in the city’s vibrant arts, dining, and entertainment scene without ever needing to get in your car. Whether you’re seeking an investment or a refined downtown retreat, this rare offering delivers the very best of Asheville living.

Features

1 bedroom
1 bathroom
778 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Asheville over the last 12 months, the estimated median property value of 1005/7 Patton Avenue is $475k.

Median value
$475k
Estimated value range
$280k - $1.1m
Median days on market
54
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Asheville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1005/7 Patton Avenue

2026
Sold
$750,000
02 Jul 2026 by Rachel Rambo, of Landon Key Realty
2023
Sold
$670,000
23 Aug 2023 by Jamie Turner, of Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Happy sellers in Asheville

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We have insufficient information to provide an overview of customer satisfaction for Asheville. Viewing the agent profiles, reviews and sales for Asheville can provide insights for this location.

Local market activity for 1 bedroom condos in Asheville

In the last 12 months, 22 one-bedroom condos similar to 1005/7 Patton Avenue, have been sold.

This represents a 15% decrease in one-bedroom condos sales when compared to the previous 12 months.

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