**Investor Alert** Very desirable first floor, end unit in the quaint and popular community of Covington Crossing. 2 bedrooms and 2 baths with open living and dining area and split bedroom layout. Spacious master suite with walk in closet. Living room with gas fireplace. Relaxing back patio. This unit would be perfect for an investor. Tenant occupied since purchased and subject to current lease which expires on 7/31/23. The Bayshore Company is the current management company. The tenant has been excellent and would like to stay if possible. The unit comes with 2 designated parking spaces. Located in the sought after TC Roberson school district. Convenient location between Asheville and Hendersonville, only 10 minutes to the airport. All of the south Asheville’s amenities, shops & restaurants are just minutes away! Great opportunity to purchase an investment property with an excellent tenant in place.
Closed
$245,000
101 Olde Covington Way, Arden, NC 28704
2beds
1,170sqft
Condominium
Built in 2001
-- sqft lot
$247,400 Zestimate®
$209/sqft
$1,611 Estimated rent
Home value
$247,400
$233,000 - $262,000
$1,611/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 07, 2023 at 01:40pm
Listing Provided by:
Leslie Elliott leslie.elliott@allentate.com,
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Bought with:
Barbara Baskerville
Allen Tate/Beverly-Hanks Asheville-Downtown
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4020598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Media room
- Level: Main
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Oven, Electric Range
- Laundry: Main Level
Features
- Flooring: Carpet, Vinyl
- Has basement: No
- Fireplace features: Living Room
Interior area
- Total structure area: 1,170
- Total interior livable area: 1,170 sqft
- Finished area above ground: 1,170
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Space(s)
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Rear Porch
Details
- Parcel number: 9653778695CA101
- Zoning: R-2
- Special conditions: Subject to Lease,None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Vinyl
- Foundation: Slab
- Roof: Fiberglass
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Arden
- Subdivision: Covington Crossing
HOA & financial
HOA
- Association name: Baldwin Real Estate
- Association phone: 828-684-3400
- Second association name: Baldwin Real Estate
- Second association phone: 828-684-3400
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2025 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals | ||
| 10/5/2025 | Price change | $1,695-5.6%$1/sqft |
Source: Zillow Rentals | ||
| 10/4/2025 | Price change | $1,795-5.3%$2/sqft |
Source: Zillow Rentals | ||
| 9/9/2025 | Listed for rent | $1,895$2/sqft |
Source: Zillow Rentals | ||
| 9/6/2024 | Listing removed | $1,895$2/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $898 +3.3% | $145,900 |
| 2023 | $870 +1.7% | $145,900 |
| 2022 | $855 | $145,900 |
Find assessor info on the county website
Neighborhood: 28704
Nearby schools
GreatSchools rating
- 5/10Glen Arden ElementaryGrades: PK-4Distance: 1.2 mi
- 7/10Cane Creek MiddleGrades: 6-8Distance: 4.2 mi
- 7/10T C Roberson HighGrades: PK,9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Glen Arden/Koontz
- Middle: Cane Creek
- High: T.C. Roberson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$247,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$247,400