506 Olde Covington Way

 
Loading...

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search


If You Have Any Other Questions, Call Us At 1(888)-247-3466

Bed: 3
Bath: 2
1/2 Bath: 1
Sq. Ft.: 1,360

Community: Arden in Buncombe County

Bed: 3
Bath: 2
1/2 Bath: 1
Sq. Ft.: 1,360

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search


If You Have Any Other Questions, Call Us At 1(888)-247-3466

Discover turnkey living in this beautifully updated, end unit condo in Covington Crossing! Located in a highly desirable area of South Asheville, you'll be centrally located to vibrant downtown Asheville and Hendersonville without city taxes. This spacious 3-bedroom, 2.5 bath condo is tucked away at the end of a cul-de-sac and has a large, green-space area adjacent to it. Enjoy peaceful mornings with a cup of coffee on your back patio or cozy evenings with a book in front of your gas fireplace. Relax as the HOA takes care of all exterior grounds and building maintenance. This property is an easy lock and go second home or would make an excellent investment property for long-term rentals. The interior has been updated to include fresh paint, ceiling fans, lighting fixtures, electric garage door opener, stainless steel appliances and new carpet throughout. Excellent location convenient to the Asheville Airport, WNC Ag Center, Biltmore Park Town Square, shopping and restaurants.

Listed by Two Trails LLC
Attribution: [email protected]
Original Listing Price: 304,000
MLS #: ‍4314368
Listing Status: Active
Days on Market: 25
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2025-12-20 at 7:15PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Some IDX listings have been excluded from this website.

Copyright © 2025. All rights reserved.

Map

close
  • Mapbox
  • Google
  • Topo Map

Directions: From I-26 to Airport Road exit, left on Airport Rd, cross over 25 (Hendersonville Rd) onto 25A (Sweeten Creek) and take first right on Pensacola Ave, take immediate right on Christ School Road then .04 to right on Baldwin Rd and another .04 to right into Covington Crossing on Olde Covington Way. .03 to condos on right.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

View Directions on Map

Property Features

close
Association Fee: 213
Basement/Foundation: Slab
Water: City
Year Built: 2002
Sewer: Public Sewer
Floors: Carpet,Linoleum
Lot Description: Cul-De-Sac,Level
Heating/Cooling: Electric,Heat Pump
Cooling: Electric,Heat Pump
Subdivision: Covington Crossing
Roof: Architectural Shingle
Garage/Carport: Driveway,Attached Garage,Garage Door Opener

Mortgage Calculator

close
  • Payment Calculator
  • Qualifying Income
  • How much can I afford?
Purchase Price:
$
Down Payment:
$
Interest Rate:
%
Amortization Period:
Years
Results:
Monthly payment including interest:
$
Estimated Monthly Payment:
$
Annual Salary:
$
Other Annual Income
$
Annual Property Tax:
$
Annual Home Insurance:
$
Monthly Debt Payments:
$
Loan Criteria
Combined Annual Gross Income:
Wages Per Month:
Total Debt:
Results:
PITI using 36% RATE A:
PITI using 28% RATE B:
Monthly Payment Cap (RATE A):
Monthly Payment Cap (RATE B):
RATE A
The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
RATE B
The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
Down Payment:
$
Total Monthly Payment:
$
Length of Loan (years):
Interest Rate (%):
%
Property tax rate (1% = $1000/yr for 100K house):
%
Home Owners Insurance:
$
Mortgage Insurance Premium (generally between $1000 and $5000 per year):
$

By making a down payment of $ and paying $ per month, you will able to afford a home that costs $ . You will need to qualify for a loan of $.

Summary of Your Monthly Payment
Principal and Interest:
Taxes and Insurance:
Mortgage Insurance:

Schools

close
  • High School: T.C. Roberson
  • Middle School: Cane Creek
  • Elementary School: Glen Arden/Koontz
All Filters
Filter By Price
No Min
To
No Max