For Sale $389,000
Prime location and modern updates make this Oak Terrace townhome a rare find! Walk to UNCA, Merrimon Avenue, Five Points, and even Downtown Asheville from this beautifully renovated home. Inside, the light-filled open floor plan features a gorgeous kitchen with granite countertops, soft-close cabinetry, and stainless appliances. The living area includes a cozy wood-burning fireplace and flows seamlessly to a private back deck. Both upstairs bedrooms are generously sized with ensuite baths, offering comfort and privacy. Additional highlights include great closet space, a utility room with extra storage, and a high-efficiency washer/dryer (2023). The roof was just replaced, and the HOA covers exterior maintenance for worry-free living. Oak Terrace is a small, landscaped community with plenty of parking—all in an unbeatable central Asheville location!
Storage, Walk-In Closet(s)
| List Price: | $389,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 618 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4300729 |
| Subdivision: | Oak Terrace |
| Bathrooms: | 3 |
| Lot Description: | Green Area |
| Year Built: | 1983 |
| Sewer Type: | Public Sewer |
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 11-03-2025 | Relisted | $389,000+3.73% | $630 |
| 10-22-2025 | Under Contract | $375,000-3.60% | $607 |
| 05-13-2025 | Listed | $389,000 | $630 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Claxton Elementary | 0 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Ira B Jones Elementary | 1 miles | PK-05 | 8 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
| Francine Delany New School for Children | 3 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 16 Spears Avenue, Asheville NC | 0 mi | $389,000 | days | |
| 167 Mount Clare Avenue, Asheville NC | 0.1 mi | $500,000 | days | |
| 152 Mount Clare Avenue, Asheville NC | 0.1 mi | $400,000 | days | |
| 46 Dortch Avenue, Asheville NC | 0.1 mi | $995,000 | days | |
| 19 Northview Street, Asheville NC | 0.2 mi | $795,000 | days | |
| 38 Austin Avenue, Asheville NC | 0.2 mi | $798,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Mosaic Community Lifestyle Realty
16 Spears Avenue, Asheville NC is a 618 ft2 on a 0.020 acres lot. This is for $389,000. This has 2 bedrooms, 3 baths, and was built in 1983.
Based on information submitted to the MLS GRID as of 2025-05-13 11:36:20 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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