Price Reduction - Primary on Main
Address
501 Fairview Road, Asheville, NC
Price
$ 349,000
Property Attributes
  • ID#4393611
  • TypeSingle Family
  • Listing Status Active
  • CountyBUNCOMBE
  • CityAsheville
  • AreaBuncombe County
  • NeighborhoodOakley
  • Zip28803
  • Style
  • Year Built1954
  • Price$ 349,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1304
  • Lot Size0.22 Acres
Data Source:
Canopy MLS
Property Description

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!

Elementary School Middle School High School
Oakley Elementary School Unspecified Middle School Unspecified High School
Price History
6/28/2026 Listed $425,000
7/14/2026 6$399,900
8/14/2026 6$379,000
9/11/2026 8$349,000

General Features

Living Area 1304
Sewer Public Sewer
Heating Electric,Natural Gas
Cooling Electric
Roof Architectural Shingle
Appliances Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator
Patio/Porch Features Deck
Construction Materials Wood
Year Built 1954
Levels One
Property Subtype Single Family Residence
Parcel Number 965729354700000
County Buncombe
New Construction No
Property Type Residential
HOA No
Subdivision Name Oakley
Garage Y/N No
Full Baths 3
Directions Take I-240 to Exit 8 on Fairview Road. Go west towards Biltmore Village. Home is one mile on left.
High School Unspecified
City Asheville
Senior Community Y/N No
Open Parking Spaces 3
Lot Size Units Acres
Carport Y/N No
Elementary School Oakley
Middle/Junior High School Unspecified
Additional Parcels Y/N No
Virtual Tour https://www.youtube.com/watch?v=rHb05htiBBM
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 340200
Virtual Tour https://www.youtube.com/watch?v=rHb05htiBBM
Listing Terms Cash,Conventional,FHA

Interior Features

Basement Partially Finished
Flooring Carpet,Tile
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1304
Laundry Features Electric Dryer Hookup,In Basement,Washer Hookup
Total Bedrooms 3
Total Baths 3
SqFt Main 1304
Bedroom 3

Exterior Features

Parking Features Driveway,Parking Space(s)
Lot Features Cleared
Water Source City
Lot Size Area 0.22
Foundation Details Basement
Road Surface Type Gravel,Paved
Other Parking Gravel area for two cars; and another 1-2 cars will fit up close to the house on the left.
Door Features Sliding Doors,Storm Door(s)
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28803

Price
AVG $1.43M
$350K
Year Built
AVG 1987
1954
Visits
AVG 295
242
Data Provided by Inside Real Estate®

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