This beautifully updated townhome in the sought-after Covington Crossing community has been meticulously cared for and upgraded with modern finishes throughout. Recent improvements include new kitchen appliances, elegant quartz countertops, and luxury vinyl plank flooring in the kitchen and family room. The cabinets have been refreshed, and both bathrooms have been stylishly remodeled with ceramic tile flooring—all within the past three years.
Bedrooms feature plush carpeting installed just two years ago, and with no pets in the home, it remains in like-new condition. Additional updates include a newly sealed driveway and a brand-new roof installed in 2024.
Enjoy the perfect balance of convenience and tranquility—just minutes from everything Arden has to offer, yet nestled in a peaceful setting. A welcoming community with wonderful neighbors makes this home truly special.
Under contract-show
Price cut: $9K (5/6)
$309,500
48 Olde Covington Way, Arden, NC 28704
2beds
1,077sqft
Townhouse
Built in 2002
0.22 Acres Lot
$306,400 Zestimate®
$287/sqft
$233/mo HOA
What's special
- 259 days |
- 20 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Karl DeKing 828-585-2188,
Nexus Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4311026
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13' 0" X 12' 0"
Bedroom s
- Features: Ceiling Fan(s)
- Level: Main
- Area: 135 Square Feet
- Dimensions: 13' 6" X 10' 0"
Bathroom full
- Level: Main
- Area: 45 Square Feet
- Dimensions: 9' 0" X 5' 0"
Bathroom full
- Level: Main
- Area: 37.5 Square Feet
- Dimensions: 7' 6" X 5' 0"
Dining area
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9' 0" X 9' 0"
Great room
- Features: Cathedral Ceiling(s), Ceiling Fan(s)
- Level: Main
- Area: 275.5 Square Feet
- Dimensions: 19' 0" X 14' 6"
Kitchen
- Features: Breakfast Bar
- Level: Main
- Area: 145 Square Feet
- Dimensions: 14' 6" X 10' 0"
Heating
- Central, Forced Air, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Heat Pump
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Gas Water Heater, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven
- Laundry: Laundry Closet, Main Level
Features
- Breakfast Bar, Walk-In Closet(s)
- Flooring: Carpet, Tile, Vinyl, Other
- Doors: Screen Door(s)
- Windows: Insulated Windows, Storm Window(s)
- Has basement: No
- Attic: Pull Down Stairs
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 1,077
- Total interior livable area: 1,077 sqft
- Finished area above ground: 1,077
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
- Attached garage spaces: 1
- Uncovered spaces: 1
- Details: Single car garage and driveway with room for another vehicle. Street also available for short term parking.
Accessibility
- Accessibility features: Two or More Access Exits, No Interior Steps
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Covered, Deck, Front Porch, Porch
- Exterior features: Lawn Maintenance
Lot
- Size: 0.22 Acres
- Dimensions: 93' x 95'
- Features: End Unit
Details
- Parcel number: 965377889200000
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities
Community & HOA
Community
- Features: Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Covington Crossing
HOA
- Has HOA: Yes
- HOA fee: $157 annually
- HOA name: Two Trails Property Management
- HOA phone: 828-696-2173
- Second HOA fee: $220 monthly
- Second HOA name: Two Trails Property Management
- Second HOA phone: 828-696-2173
Location
- Region: Arden
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $205,300
- Annual tax amount: $1,323
- Date on market: 10/17/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$306,400
$291,000 - $322,000
$1,573/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $309,500-2.8%$287/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4311026 Report a problem | ||
| 5/1/2026 | Listed for sale | $318,500$296/sqft |
Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem | ||
| 11/12/2025 | Listing removed | $318,500$296/sqft |
Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem | ||
| 11/1/2025 | Price change | $318,500-2%$296/sqft |
Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem | ||
| 10/17/2025 | Listed for sale | $325,000+69.5%$302/sqft |
Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem | ||
| 9/27/2019 | Sold | $191,750+6.5%$178/sqft |
Source: Canopy MLS as distributed by MLS GRID #3541640 Report a problem | ||
| 8/24/2019 | Pending sale | $180,000$167/sqft |
Source: Keller Williams Elite Realty #3541640 Report a problem | ||
| 8/20/2019 | Listed for sale | $180,000+12.5%$167/sqft |
Source: Keller Williams Elite Realty #3541640 Report a problem | ||
| 7/25/2018 | Sold | $160,000+7.4%$149/sqft |
Source: Canopy MLS as distributed by MLS GRID #3403262 Report a problem | ||
| 6/17/2018 | Pending sale | $149,000$138/sqft |
Source: Keller Williams Professionals #3403262 Report a problem | ||
| 6/15/2018 | Listed for sale | $149,000+2.8%$138/sqft |
Source: Keller Williams Professionals #3403262 Report a problem | ||
| 9/7/2007 | Sold | $145,000+18.2%$135/sqft |
Source: Public Record Report a problem | ||
| 7/16/2007 | Sold | $122,704-13.6%$114/sqft |
Source: Public Record Report a problem | ||
| 4/6/2006 | Sold | $142,000+6.8%$132/sqft |
Source: Public Record Report a problem | ||
| 6/23/2005 | Sold | $133,000+17.7%$123/sqft |
Source: Public Record Report a problem | ||
| 8/30/2002 | Sold | $113,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,323 +4.7% | $205,300 |
| 2024 | $1,264 +3.3% | $205,300 |
| 2023 | $1,224 +1.7% | $205,300 |
| 2022 | $1,203 | $205,300 |
| 2021 | $1,203 +17% | $205,300 +25.8% |
| 2020 | $1,028 | $163,200 |
| 2019 | $1,028 | $163,200 |
| 2018 | $1,028 +11.4% | $163,200 +22.9% |
| 2017 | $923 -10.2% | $132,800 |
| 2016 | $1,028 +11.4% | $132,800 |
| 2015 | $923 | $132,800 |
| 2014 | $923 | $132,800 |
| 2013 | -- | $132,800 +3.9% |
| 2012 | -- | $127,800 |
| 2011 | -- | $127,800 |
| 2010 | -- | $127,800 |
| 2009 | -- | $127,800 |
| 2007 | -- | $127,800 |
| 2006 | -- | $127,800 +17.6% |
| 2004 | -- | $108,700 |
| 2003 | -- | $108,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28704
Nearby schools
GreatSchools rating
- 6/10Glen Arden ElementaryGrades: PK-4Distance: 1.2 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 4.4 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Glen Arden/Koontz
- Middle: Cane Creek
- High: T.C. Roberson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Buncombe County
- Arden
- 28704
- 48 Olde Covington Way
Nearby cities
Nearby zip codes
Other Arden Topics
