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.
- MLS# 4314368
- Date Listed11/25/2025
- Days on Realty 2 Days
- Bedrooms 3
- Bathrooms 2 Full baths, 1 Half baths
- Lot Size -
- Sewer Public Sewer
- Subdivision Covington Crossing
- County Buncombe
- Year Built 2002
- Square Feet 1,360 sq. ft
- Price Per Sq. Ft $223.53
Interior Features
- Appliances Dishwasher, Electric Oven, Electric Range, Microwave
- Flooring Carpet, Linoleum
- Cooling Electric, Heat Pump
- Heating Electric, Heat Pump
Exterior / Lot Features
- Roof Shingle
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features Cul- De- Sac, Level
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.
Financial Considerations
- HOA Fee $213 Monthly
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 505 Jaca Lane | Listing | 4 | 3 | Sep 27, 2025 | $409,265 | Jun 25, 2024 | $358,156 |
| 120 S Thomas Street | Listing | 3 | 1 | Oct 28, 2025 | $160,000 | Aug 20, 2024 | $103,480 |
| 127 Springside Road | Listing | 5 | 3 | Oct 15, 2025 | $850,000 | Mar 21, 2024 | $360,162 |
| 16 Rosscraggon Drive | 3 | 1 | Nov 22, 2025 | $334,000 | Nov 27, 2025 | - |
| 68 Wilkie Way | 4 | 3 | Oct 11, 2025 | $485,000 | Nov 27, 2025 | - |
| 34 King Heights Drive | 4 | 5 | Nov 26, 2025 | $1,150,000 | Nov 27, 2025 | - |
| 394 Wheatfield Road | 4 | 2 | Sep 30, 2025 | $476,790 | Nov 27, 2025 | - |
| 366 Wheatfield Road | 4 | 4 | Nov 04, 2025 | $501,990 | Nov 27, 2025 | - |
| 356 Wheatfield Road | 3 | 3 | Oct 28, 2025 | $473,090 | Nov 27, 2025 | - |
| 344 Wheatfield Road | 4 | 2 | Oct 07, 2025 | $475,990 | Nov 27, 2025 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 21,777 | 21,777 | 265,574 | 335,858,263 |
| Population Density | 734 | 734 | 404 | 95 |
| People per Household | 2.4 | 2.4 | 2.3 | 2.6 |
| Median Age | 42 | 42 | 42.2 | 39.1 |
| Median Income | $69,130 | $69,130 | $55,778 | $66,222 |
| Average Income | $39,725 | $39,725 | $34,068 | $35,475 |
| Cost of Living Index | 92 | 92 | 83 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 24.15°F | 24.15°F | 26.6°F | 22.6°F |
| July Avg. High Temp | 83.87°F | 83.87°F | 84.3°F | 86.2°F |
| Annual Precipitation | 49.6" | 49.6" | 37.32" | 38" |
20/100
Car-Dependent
Walk Score ®
14/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 3/100, Bike Score: 12/100.
Property Change History
Points of Interest near 506 Olde Covington Way, Arden, NC 28704
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Frequently Asked Questions for 506 Olde Covington Way
Source: Realty.com
506 Olde Covington Way, Arden, NC 28704 is a 1,360 sq. ft. condo listed for sale with 3 bedrooms and 3 bathrooms. Realty.com has 15 photos of this condominium, listed at $304,000. View sales and tax history of condos, use our mortgage calculator and more on Realty.com
Realty.com has 15 photos of 506 Olde Covington Way.
Our records indicate that 506 Olde Covington Way was built in 2002.
The full address for this home is 506 Olde Covington Way, Arden, NC 28704.
506 Olde Covington Way has been listed on Realty.com since Tue November 25, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 3/100, Bike Score: 12/100.
There are 3 schools assigned to this home. Check out the schools near 506 Olde Covington Way. Glen Arden/Koontz (Grades: K - 5), Koontz Intermediate School (Grades: 5 - 6), T C Roberson High (Grades: 9 - 12)
Listing provided courtesy of:
Two Trails LLC
(tel: 8286962173)
Listing agent:
Kristi Brannon
(#pbrekbr)
This content last refreshed on 2025-11-27 01:47:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 506 Olde Covington Way, Arden, NC 28704 : MLS# 4314368