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$309,500 -$9,000 (-2.83%) Price Reduced
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Property Description
This beautifully updated townhome in the sought-after Covington Crossing community has been meticulously cared for and upgraded with modern finishes throughout. Recent improvements include new kitchen appliances, elegant quartz countertops, and luxury vinyl plank flooring in the kitchen and family room. The cabinets have been refreshed, and both bathrooms have been stylishly remodeled with ceramic tile flooring-all within the past three years. Bedrooms feature plush carpeting installed just two years ago, and with no pets in the home, it remains in like-new condition. Additional updates include a newly sealed driveway and a brand-new roof installed in 2024. Enjoy the perfect balance of convenience and tranquility-just minutes from everything Arden has to offer, yet nestled in a peaceful setting. A welcoming community with wonderful neighbors makes this home truly special.
Full Property Details
Full Property Details for 48 Olde Covington Way
General
- Price: $309,500
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Townhouse
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4311026
- Updated: 5/6/2026
- Added to Site: 201 day(s) ago
Interior
- Interior Features: Attic Stairs Pulldown, Breakfast Bar, Entrance Foyer, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Log, Family Room, Gas Log
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Gas Water Heater, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven
- Flooring: Carpet, Tile, Vinyl, Other - See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Laundry Closet, Main Level
Additional Information
- Shared Amenities: Street Lights
Exterior
- Exterior Features: Lawn Maintenance
Parking
- Garage: Yes
- Garage Description: 270 Sq. Ft.
- Garage Spaces: 1
- Parking Features: Driveway, Attached Garage, Garage Faces Front
Location
- County: Buncombe
- Subdivision: Covington Crossing
School Information
- Elementary School: Glen Arden/Koontz
- Middle School: Cane Creek
- High School: T.C. Roberson
Community
- Assoc. Name: Two Trails Property Management
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
- Heating Type: Central, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected, Natural Gas, Underground Power Lines, Underground Utilities
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Main/1st Level: 1,077 Sq. Ft.
- Year Built: 2002
Manufactured Home
- Land Included: Yes
Lot Features
- Lot Dimensions: 93' x 95'
- Street/Road Desc.: Asphalt, Paved
- Elevation (Approx.): 2000
- Lot Features: End Unit
Financial Considerations
- Association Fee: $157
- Assoc Fee Freq.: Annually
- Other Assoc Fees: $220
- Other Fee Freq.: Monthly
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Restrictions: Architectural Review, Livestock Restriction, No Representation, Short Term Rental Allowed
- Property ID: 9653-77-8892-00000
- Lot Number: 5815-1757
Listed by Nexus Realty LLC
Get Pre-Approved Today
Schools
Schools serving 48 Olde Covington Way
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Glen Arden Elementary 50 Pinehurst Circle, Arden, NC 28704 | PK-4 | 1.2 mi |
T C Roberson High 250 Overlook Road, Asheville, NC 28803 | 9-12 | 3 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 48 Olde Covington Way
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$309,500
-2.83%
MLS
11/01/2025
Price Reduced
$318,500
-2%
MLS
10/17/2025
Listed
$325,000
69.27%
MLS
9/24/2019
Sold
$192,000
—
Public Record
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
Tax History for 48 Olde Covington Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,264
3%
$205,300
—
2023
$1,224
2%
$205,300
—
2022
$1,203
—
$205,300
—
2021
$1,203
17%
$205,300
26%
2020
$1,028
—
$163,200
—
2019
$1,028
—
$163,200
—
2018
$1,028
—
$163,200
—
2017
$1,028
11%
$163,200
23%
2015
$923
—
$132,800
—
2014
$923
—
$132,800
—
2013
$923
—
$132,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Olde Covington Way
48 Olde Covington Way, Arden, NC 28704 (MLS# 4311026) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 48 Olde Covington Way is currently listed for $309,500 and was received on October 17, 2025. Want to learn more about 48 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.

