For Sale $304,000
Discover turnkey living in this beautifully updated, end unit condo in Covington Crossing! Located in a highly desirable area of South Asheville, you'll be centrally located to vibrant downtown Asheville and Hendersonville without city taxes. This spacious 3-bedroom, 2.5 bath condo is tucked away at the end of a cul-de-sac and has a large, green-space area adjacent to it. Enjoy peaceful mornings with a cup of coffee on your back patio or cozy evenings with a book in front of your gas fireplace. Relax as the HOA takes care of all exterior grounds and building maintenance. This property is an easy lock and go second home or would make an excellent investment property for long-term rentals. The interior has been updated to include fresh paint, ceiling fans, lighting fixtures, electric garage door opener, stainless steel appliances and new carpet throughout. Excellent location convenient to the Asheville Airport, WNC Ag Center, Biltmore Park Town Square, shopping and restaurants.
| List Price: | $304,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Condominium |
| Approx Sq. Ft.: | 810 sqft |
| Parking: | Driveway, Attached Garage, Garage Door Opener |
| MLS Number: | CAR4314368 |
| Subdivision: | Covington Crossing |
| Bathrooms: | 3 |
| Lot Description: | Cul-De-Sac, Level |
| Year Built: | 2002 |
| Sewer Type: | Public Sewer |
| Elementary: | Glen Arden/Koontz |
| Middle: | Cane Creek |
| High: | T.C. Roberson |
| Date | Event | Price | $/SQFT |
| 11-28-2025 | Listed | $304,000 | $376 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fletcher Elementary | 3 miles | KG-05 | 9 |
| William W Estes Elementary | 3 miles | KG-05 | 8 |
| Glenn C Marlow Elementary | 4 miles | KG-05 | 10 |
| Clear Creek Elementary | 6 miles | KG-05 | 9 |
| Mills River Elementary | 6 miles | KG-05 | 9 |
| Fairview Elementary | 7 miles | KG-05 | 7 |
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 |
| 606 Olde Covington Way, Arden NC | 0 mi | $295,000 | days | |
| 701 Olde Covington Way, Arden NC | 0 mi | $219,900 | days | |
| 506 Olde Covington Way, Arden NC | 0 mi | $304,000 | days | |
| 48 Olde Covington Way, Arden NC | 0 mi | $325,000 | days | |
| 101 Eleanor Cove Road, Arden NC | 0.1 mi | $310,000 | days | |
| 103 Eleanor Cove Road, Arden NC | 0.1 mi | $293,990 | 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 Two Trails LLC
506 Olde Covington Way, Arden NC is a 810 ft2 . This is for $304,000. This has 3 bedrooms, 3 baths, and was built in 2002.
Based on information submitted to the MLS GRID as of 2025-11-28 12:41:42 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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