228 Broadway Street
Asheville, NC, 28801 $ 1,050,000
Bedrooms2 Baths2.1 Sq 1,604 Monthly Estimate*
$ 7,252
for $1,050,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,604 square foot townhouse was built in 2026 on a lot size of 0.22.
The Monroe is a rare expression of contemporary luxury in the heart of Asheville—four private residences designed for those who appreciate architecture, craftsmanship, and an exceptional sense of place. Set along Broadway Street between historic Montford and Five Points and just one block from downtown, The Monroe places Asheville’s restaurants, galleries, culture, and energy at your doorstep while offering the privacy and presence of a truly private home. Each 2-bedroom, 2.5-bath residence is conceived as an elevated urban retreat, with its own private entrance and private elevator serving every level. Interiors are defined by an understated sophistication: European cabinetry, natural stone countertops, and a chef-caliber kitchen outfitted with luxury appliances create a setting equally suited to intimate dinners or effortless entertaining. Spa-inspired bathrooms, warm natural materials, and contemporary architectural details continue the sense of refinement throughout. Above it all, an exceptional covered rooftop terrace creates a private outdoor sanctuary rarely found in the city. Framed by Asheville’s canopy of trees, the terrace opens to striking views toward downtown and the Blue Ridge Mountains beyond—an extraordinary setting for morning coffee, sunset cocktails, or evenings under the stars. The architecture balances modern restraint with warmth. Nichiha architectural siding, rich wood accents, and charcoal masonry establish a sophisticated material palette that feels distinctly contemporary while remaining beautifully attuned to the character of the surrounding neighborhood. The Monroe is the latest offering from Broadway Development Group, the acclaimed team behind the highly successful, sold-out Broadway Townhomes directly across the street. Their commitment to thoughtful design, quality construction, and exceptional urban living is evident throughout this intimate collection. Exclusive. Architectural. Exceptionally located. The Monroe offers a distinctive opportunity to experience Asheville at its most sophisticated—an exquisitely designed residence with the freedom of a private home, the convenience of downtown living, and a rooftop vantage point unlike anything else.
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FeaturesGeneralLiving Area 1604
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Cable Available Fiber Optics
Roof Metal
Appliances Dishwasher Disposal Freezer Gas Range Microwave Refrigerator Tankless Water Heater
Development Status Under Construction
Zoning NCD
Architectural Style Contemporary Modern
Construction Materials Fiber Cement Stone Wood Other - See Remarks
Pets Allowed Yes
Year Built 2026
Levels Three
Property Subtype Townhouse
Parcel Number 964933104100000
County Buncombe
New Construction Y
Property Type Residential
HOA Y
Subdivision Name Monroe Place
Garage Y/N N
Full Baths 2
Directions I26 to UNCA Exit. Eastbound on Broadway. Townhomes will be located on the east side of the street.
High School Asheville
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Asheville City
Middle/Junior High School Asheville
Additional Parcels Y/N N
Builder Name Obsidian Commercial Constructors
Standard Status Active
Construction Type Site Built
Tax Assessed Value 881300
Listing Terms Cash Conventional FHA VA Loan
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InteriorInterior Amenities Elevator Open Floorplan Pantry Split Bedroom Walk-In Closet(s) Walk-In Pantry
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1604
Half Baths 1
Laundry Features In Unit Laundry Room Upper Level
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
Total Baths 3
SqFt Main 739
SqFt Lower 0
SqFt Upper 738
Bedroom 0
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ExteriorExterior Amenities Rooftop Terrace
Parking Features Assigned Parking Lot Parking Space(s)
Lot Features End Unit Wooded Views
Water Source City
Lot Size Area 0.22
Foundation Details Slab
Road Surface Type Brick Other Paved
Other Parking 2 parking spaces per townhome
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesList ByObsidian Real Estate LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,252
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Asheville, NC
Average List Price $582,483
Percent of Sale Price 45%
About Asheville, NC 93,508 Population
25% Since 2002
$ 48,694 Median Income
39.56 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1659817 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $1,050,000 | | Listed Price |