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  • Price cut: $30K (9/11)
    $349,000

    501 Fairview Rd, Asheville, NC 28803

    3beds
    1,304sqft
    : 
    $2,168/mo
    Get pre-qualified
    Single Family Residence
    Built in 1954
    0.22 Acres Lot
    $344,900 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Brand-new hvac systemLow-maintenance grounds setupExpansive lower-level basementPrivate accessDedicated parking
    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!
    89 days
    1,239
    134

    Zillow last checked:

    Listing updated:

    Listed by:

    Dara Kiely darawncrealestate@gmail.com,

    CENTURY 21 Connected

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4393611MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 3
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom
      • Level: Main
      Bedroom s
      • Features: Ceiling Fan(s)
      • Level: Main
      Bedroom s
      • Features: Ceiling Fan(s)
      • Level: Main
      Bathroom full
      • Level: Basement
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Dining area
      • Level: Main
      Flex space
      • Level: Basement
      Kitchen
      • Level: Main
      Laundry
      • Level: Basement
      Living room
      • Features: Ceiling Fan(s)
      • Level: Main
      Heating
      • Electric, Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
      Features
      • Flooring: Carpet, Tile
      • Doors: Sliding Doors, Storm Door(s)
      • Basement: Partially Finished
      Interior area
      • Total structure area: 1,304
      • Total interior livable area: 1,304 sqft
      • Finished area above ground: 1,304
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Parking Space(s)
      • Uncovered spaces: 3
      • Details: Gravel area for two cars; and another 1-2 cars will fit up close to the house on the left.
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      Lot
      • Size: 0.22 Acres
      • Features: Cleared
      Details
      • Parcel number: 965729354700000
      • Zoning: RS8
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: Oakley
      Location
      • Region: Asheville

      Financial & listing details

      • Price per square foot: $268/sqft
      • Tax assessed value: $340,200
      • Annual tax amount: $2,261
      • Date on market: 6/28/2026
      • Cumulative days on market: 89 days
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Gravel, Paved

        Estimated market value

        $344,900

        $328,000 - $362,000

        $2,178/mo

        Price history

        DateEventPrice
        9/11/2026Price change$349,000-7.9%$268/sqft
        Source: Canopy MLS as distributed by MLS GRID #4393611 Report a problem
        8/14/2026Price change$379,000-5.2%$291/sqft
        Source: Canopy MLS as distributed by MLS GRID #4393611 Report a problem
        7/14/2026Price change$399,900-5.9%$307/sqft
        Source: Canopy MLS as distributed by MLS GRID #4393611 Report a problem
        6/28/2026Listed for sale$425,000+21.4%$326/sqft
        Source: Canopy MLS as distributed by MLS GRID #4393611 Report a problem
        10/5/2021Listing removed--
        Source: RE/MAX International Report a problem
        8/31/2021Price change$350,000-1.4%$268/sqft
        Source: Canopy MLS as distributed by MLS GRID #3761575 Report a problem
        8/7/2021Price change$355,000-4.1%$272/sqft
        Source: Canopy MLS as distributed by MLS GRID #3761575 Report a problem
        7/22/2021Listed for sale$370,000+80.5%$284/sqft
        Source: Canopy MLS as distributed by MLS GRID #3761575 Report a problem
        3/23/2018Sold$205,000$157/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,261 +6.6%$228,700
        2024$2,120 +2.9%$228,700
        2023$2,061 +1.1%$228,700
        2022$2,038 $228,700
        2021$2,038 +22.1%$228,700 +31.3%
        2020$1,669 $174,200
        2019$1,669 $174,200 +4.6%
        2018$1,669 $166,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28803

        Getting around

        28 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oakley

        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.

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