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501 Fairview Road, Asheville, NC 28803 ACTIVE 1 of 27 501 Fairview Road, Asheville, NC 28803 — photo 2 501 Fairview Road, Asheville, NC 28803 — photo 3 501 Fairview Road, Asheville, NC 28803 — photo 4 501 Fairview Road, Asheville, NC 28803 — photo 5
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$349,000 Est. $2,405/mo — Get pre-qualified
3beds 3baths 1,304sq ft 0.22acres

501 Fairview Road · Asheville, NC 28803

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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!

Features & Amenities

Living Area1,304 Sq.Ft.
Bedrooms3
Baths3
HeatingElectric, Natural Gas
CoolingElectric
FlooringCarpet, Tile
FireplaceNo
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
LaundryElectric Dryer Hookup, In Basement, Washer Hookup
Virtual TourOpen Virtual Tour
Year Built1954
ConstructionWood
RoofArchitectural Shingle
FoundationBasement
ParkingDriveway, Parking Space(s)
StatusActive
Lot Size0.22 Acres
Lot FeaturesCleared
SubdivisionOakley
CountyBUNCOMBE
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryOakley Elementary School
MiddleUnspecified Middle School
HighUnspecified High School
Presented By: CENTURY 21 Connected; info@century21connected.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $379,000 → $349,000 ▾ $30,000 (7.9%)
Jun 28, 2026 Price Change $425,000 —
Jul 14, 2026 Price Change $399,900 6

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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