501 Fairview Road

Asheville, NC
$ 349,000 Beds 3 Baths 3 Sq 1,304 Virtual Tour
Monthly Estimate* How much can I afford?

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!

Single Family

  • Price
  • $ 349,000
  • City
  • Asheville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • BUNCOMBE
  • Half Bathrooms
  • 0
  • Area
  • Buncombe County
  • Lot Size
  • 0.22 Acres
  • Zip
  • 28803
  • Sqr Footage
  • 1,304
  • Year Built
  • 1954
  • Style
  • MLS#
  • 4393611
Listed By: CENTURY 21 Connected; darawncrealestate@gmail.com
Data Source: Canopy MLS

Features

General

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
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 340200
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Kingsport, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Oakley Elementary School
Middle School Unspecified Middle School
High 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

Property vs Zip Code Average in 28803

Price
AVG $1.45M
$350K
Year Built
AVG 1987
1954
Visits
AVG 292
247
Data Provided by Inside Real Estate®

Areas That We Cover

501 Fairview Road Asheville, NC is a Single Family Home for sale at $349000 with 1304 sqft and a lot size of 0.22 Acres Acre(s). 501 Fairview Road Asheville has 3 bedrooms, 3 baths and was built in 1954. The property's zip code is 28803 which is in Asheville, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.