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Asheville · Asheville, NC

501 Fairview Road

Asheville, NC · 1,304 sqft

$349,000

Reduced from $425,000

  • 3Beds
  • 3Baths
  • 1,304SqFt
  • 1954Year
  • 75Days on market

About this home

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!

Property details

Beds
3
Baths
3
SqFt
1,304
Lot
Year built
1954
Type
Single Family
Days on market
75
Heating
Electric, Natural Gas
Cooling
Electric
Foundation
Basement
Flooring
Carpet, Tile

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,525/ month

Principal & interest
$2,161
Property tax (~0.90%)
$261
Homeowners insurance
$101
HOA dues

Down payment

$17,450 down · $331,550 financed

Income to qualify (28% rule)

~$108,214 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.