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$399,500

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1 Car Garage
  • Updated 8 days ago
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INVESTORS TAKE NOTE....NO RESTRICTIONS! Discover turnkey living in this beautifully updated, condo in Covington Crossing! Located in a highly wanted area of South Asheville, you'll be centrally located to vibrant downtown Asheville and Hendersonville without city fee's. This spacious 2-bedroom, 2 bath condo is tucked away, 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 repair. This property is an easy lock and go second home or would make an outstanding property for long-term leases. The interior has been updated to include fresh paint, ceiling fans, lighting fixtures, electric garage door opener, stainless steel appliances and new LVP throughout. Excellent location convenient to the Asheville Airport, WNC Ag

Full Property Details for 40 Olde Covington Way

General

  • Price: $399,500
  • HOA FEE: $220/month
  • Status: Active
  • Type: Townhouse
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4342766
  • Updated: 4/6/2026
  • Added to Site: 46 day(s) ago

Interior

  • Appliances: Dishwasher, Oven

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Additional Information

  • Shared Amenities: Sidewalks, Street Lights

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Driveway

Location

  • County: Buncombe
  • Subdivision: Covington Crossing
  • Driving Directions: Cross Streets: Baldwin Rd; Five minutes away from the Asheville airport

School Information

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Heating & Cooling

  • Cooling Type: Central Air, Gas, Other - See Remarks
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Architectural Style: Other
  • Construction: Site Built
  • Exterior Const.: Vinyl
  • Roof: Tar/Gravel
  • Entry Floor Number: 1
  • Main/1st Level: 1,082 Sq. Ft.
  • Year Built: 2002

Lot Features

  • Street/Road Desc.: Asphalt, Paved

Financial Considerations

  • Association Fee: $220
  • Assoc Fee Freq.: Monthly
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Restrictions: No Representation
  • Property ID: 9653-78-7043-00000
  • Lot Number: 2764-749

Listed by Trelora Realty INC

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Listing agent

— 40 Olde Covington Way —

  • Trelora Realty INC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Olde Covington Way

School District:Buncombe County Schools
NameGradesDistance
Glen Arden Elementary
50 Pinehurst Circle, Arden, NC 28704
PK-41.2 mi
T C Roberson High
250 Overlook Road, Asheville, NC 28803
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Olde Covington Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$399,500
-7.07%
MLS
2/27/2026
Listed
$429,900
61.92%
MLS
3/21/2025
Sold
$265,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Olde Covington Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$636
3%
$206,500
—
2023
$615
2%
$206,500
—
2022
$605
—
$206,500
—
2021
$605
17%
$206,500
26%
2020
$517
—
$164,200
—
2019
$517
-50%
$164,200
—
2018
$1,034
100%
$164,200
—
2017
$517
11%
$164,200
23%
2015
$464
—
$133,600
—
2014
$464
—
$133,600
—
2013
$464
—
$133,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Trelora Realty INC

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40 Olde Covington Way, Arden, NC 28704 (MLS# 4342766) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 40 Olde Covington Way is currently listed for $399,500 and was received on February 27, 2026. Want to learn more about 40 Olde Covington Way? Do you have questions about finding other Townhouse real estate for sale in Arden? You can browse all Arden real estate or contact a Coldwell Banker agent to request more information.

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