For Sale $349,000
PRICE REDUCED! $10,000 SELLER CREDIT OFFERED AT CLOSING! First-time buyers and investors—this one deserves a closer look! A rare 3-bedroom, 3-bath opportunity in Oakley priced under $400K, offering an attractive entry point into the Asheville market without giving up the space you need. For the first-time buyer, the $10,000 seller credit can help with closing costs, prepaid expenses, or other upfront costs, making homeownership a little more attainable. Plus, major recent updates—including a brand-new HVAC system and new carpeting in all three bedrooms—mean fewer immediate big-ticket expenses to worry about. For the investor or value-minded buyer, the property's 3-bed/3-bath layout, dedicated parking, private access, and expansive lower-level basement create plenty of possibilities. Use the basement as a workshop, storage, home gym, or explore the potential for future finished space and added value, subject to permitting and buyer verification. Set quietly off the street, the home offers a sense of privacy while remaining incredibly convenient. The shared driveway provides off-street parking for up to 3 vehicles, while the low-maintenance grounds make ownership and upkeep more manageable. And the location? You’re close to some of Asheville's most desirable destinations, with easy access to I-240, Downtown Asheville, and historic Biltmore Village. Whether you're looking for your first home, an opportunity to build equity, or a property with investment potential, this is a compelling combination of price, space, updates, location, and flexibility. With the price reduction AND $10,000 seller credit, now is the time to take another look. Schedule your private tour today and see the possibilities for yourself!
| List Price: | $349,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1304 sqft |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4393611 |
| Subdivision: | Oakley |
| Bathrooms: | 3 |
| Lot Description: | Cleared |
| Year Built: | 1954 |
| Sewer Type: | Public Sewer |
| Elementary: | Oakley |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 09-11-2026 | Price Decrease | $349,000-7.92% | $268 |
| 08-14-2026 | Price Decrease | $379,000-5.23% | $291 |
| 07-22-2026 | Listed | $399,900 | $307 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 1 miles | KG-05 | 4 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| Charles C Bell Elementary | 2 miles | KG-05 | 8 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 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 |
| 501 Fairview Road, Asheville NC | 0 mi | $349,000 | days | |
| 7 Acona Lane, Asheville NC | 0 mi | $699,000 | days | |
| 53 Wanoca Avenue, Asheville NC | 0.1 mi | $279,000 | days | |
| 55 Acona Lane, Asheville NC | 0.1 mi | $850,000 | days | |
| 14 3rd Street, Asheville NC | 0.1 mi | $570,000 | days | |
| 24 Ridge Avenue, Asheville NC | 0.2 mi | $419,000 | 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)
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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 CENTURY 21 Connected
501 Fairview Road, Asheville NC is a 1304 ft2 on a 0.220 acres lot. This is for $349,000. This has 3 bedrooms, 3 baths, and was built in 1954.
Based on information submitted to the MLS GRID as of 2026-07-22 09:11:30 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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