One of Oakley's original homes, 5 Main Street was built during Asheville's 1920s building boom and still carries much of the character of that era. While so many homes of its generation have been completely remade over the years, this one still has a little Gatsby in it. It starts with the covered front porch—with its traditional blue ceiling and plenty of room for rocking chairs—and continues inside with hardwood floors, 9-foot ceilings, a brick fireplace, custom built-ins, and the kinds of details that give an old house its personality.
The home has been updated without erasing its past. The built-in breakfast nook and table is one of those especially charming details that makes the house feel like it belongs to another era, while modern improvements make it comfortable for everyday living. Natural gas heating and air conditioning were installed in 2021.
The lower level was completely renovated in 2021, and even here some of the home's most interesting original features were preserved. Exposed 100-year-old brick and distinctive arched window details give the space a character of its own. With a full bath with an antique clawfoot tub, independent mini-split HVAC, updated electrical, and a living area with a built-in projector for a 90-inch display, it's an unusually flexible extension of the home. Interior and exterior French drains were also installed prior to Hurricane Helene and performed as designed during the storm.
The lower level remains connected to the main level of the home by an interior staircase, while also having its own exterior entrance—giving a future owner plenty of flexibility in how the space is used. Use it for guests, extended family, a home office studio, or simply as additional living space. For buyers looking to offset some of the cost of homeownership, the separate exterior access also makes the lower level worth exploring for homestay or short-term rental use; it has previously been used for Airbnb stays on a limited basis. The laundry facilities and electrical panel are located in a shared basement utility area that can be accessed from both the main home and lower-level space. The property as a whole has a strong history as a furnished monthly rental, with rental records available upon request.
Outside, the size of the property is a real standout. There's plenty of room to garden, play, entertain, or simply enjoy having some breathing room. The rear portion may also offer the potential for a future flag lot, giving the next owner the option to enjoy the extra space today and explore its possibilities down the road. Buyer to verify subdivision feasibility and permitting.
The location is another big part of the appeal. Biltmore Village is within walking distance and downtown Asheville is just minutes away. Closer to home, Oakley continues to add more neighborhood favorites, including a new All Day Darling coming to Fairview Road. Just down the hill, the Swannanoa River corridor is taking on new life with the Hellbender music venue now open and the future Swannanoa River Greenway bringing new opportunities to walk and bike through the area. And when you'd rather leave the car at home, the bus to downtown stops nearby about once an hour and costs just $1 each way.
The owner is willing to sell the home fully furnished through a separate furniture transaction. Lexington Glass pendant lights and vintage refrigerator do not convey and will not be available as part of the furniture transaction.
Active
Price cut: $10K (8/20)
$435,000
5 Main St, Asheville, NC 28803
3beds
2,080sqft
Single Family Residence
Built in 1926
0.22 Acres Lot
$418,700 Zestimate®
$209/sqft
$-- HOA
What's special
- 125 days
- 1,139
- 100
Zillow last checked:
Listing updated:
Listed by:
Michael Stratton michael@wanderwagontours.com,
Wander Wagon Tours & Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4373261
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Breakfast
- Level: Main
- Area: 18 Square Feet
- Dimensions: 3' 0" X 6' 0"
Breakfast
- Level: Main
- Area: 18.75 Square Feet
- Dimensions: 3' 0" X 6' 3"
Heating
- Natural Gas
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Laundry: Common Area, Electric Dryer Hookup, In Basement, Washer Hookup
Features
- Basement: Apartment
Interior area
- Total structure area: 1,280
- Total interior livable area: 2,080 sqft
- Finished area above ground: 1,280
- Finished area below ground: 800
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 0.22 Acres
Details
- Parcel number: 965719090700000
- Zoning: RM8
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Slab
- Roof: Aluminum
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: County Sewer
- Water: City
Community & HOA
Community
- Subdivision: Alta Vista
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $278,500
- Annual tax amount: $2,753
- Date on market: 4/26/2026
- Cumulative days on market: 125 days
- Exclusions: Vintage Refrigerator (basement); Lexington Glass Pendent lights
- Road surface type: Gravel
Estimated market value
$418,700
$398,000 - $440,000
$3,677/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $435,000-2.2%$209/sqft |
Source: | ||
| 8/12/2026 | Price change | $445,000-13.9%$214/sqft |
Source: | ||
| 4/26/2026 | Listed for sale | $517,000+74.2%$249/sqft |
Source: | ||
| 8/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/1/2023 | Price change | $4,500+12.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2023 | Price change | $4,000+14.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2023 | Price change | $3,500+2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2023 | Price change | $3,400-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2023 | Price change | $3,500+17.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/21/2023 | Price change | $2,990-3.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/21/2022 | Price change | $3,100-11.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2022 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/19/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/20/2022 | Listed for rent | $3,500+17.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/8/2022 | Listed for rent | $2,990$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/28/2021 | Sold | $296,800-1.1%$143/sqft |
Source: | ||
| 9/15/2021 | Pending sale | $300,000$144/sqft |
Source: | ||
| 8/23/2021 | Price change | $300,000-14.3%$144/sqft |
Source: | ||
| 8/2/2021 | Price change | $349,900-6.7%$168/sqft |
Source: | ||
| 7/27/2021 | Price change | $374,900-2.6%$180/sqft |
Source: | ||
| 7/7/2021 | Price change | $385,000-3.7%$185/sqft |
Source: | ||
| 5/26/2021 | Listed for sale | $399,900+166.8%$192/sqft |
Source: | ||
| 3/7/2012 | Listing removed | $149,900$72/sqft |
Source: Robert Steingress Real Estate #472978 Report a problem | ||
| 10/26/2011 | Price change | $149,900-6.3%$72/sqft |
Source: Robert Steingress Real Estate #472978 Report a problem | ||
| 6/18/2011 | Listed for sale | $159,900-68%$77/sqft |
Source: Robert Steingress Real Estate #472978 Report a problem | ||
| 6/2/2006 | Sold | $500,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,753 -1.6% | $278,500 -7.7% |
| 2024 | $2,796 +4.8% | $301,700 +1.9% |
| 2023 | $2,669 +20.8% | $296,200 +19.5% |
| 2022 | $2,209 +28.4% | $247,900 +28.4% |
| 2021 | $1,721 +21.6% | $193,100 +30.7% |
| 2020 | $1,415 | $147,700 |
| 2019 | $1,415 | $147,700 |
| 2018 | $1,415 | $147,700 +31.9% |
| 2017 | $1,415 -1% | $112,000 |
| 2016 | $1,430 +18.3% | $112,000 |
| 2015 | $1,208 +1.4% | $112,000 |
| 2014 | $1,192 | $112,000 |
| 2013 | -- | $112,000 -2.9% |
| 2012 | -- | $115,400 |
| 2011 | -- | $115,400 |
| 2010 | -- | $115,400 |
| 2009 | -- | $115,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28803
Nearby schools
Schools provided by the listing agent
- Middle: AC Reynolds
- High: AC Reynolds
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.







