40 Olde Covington Way

1,082 Sq. Ft.
$333 / Sq. Ft.
1,082
Sq. Ft.
$333
per Sq. Ft.

Description

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....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
  1. Listed by Christina Parker • Trelora Realty INC
    P: (252)-501-6325 C: (252)-501-6325 southeastteam@trelora.com

Property Details for 40 Olde Covington Way

Architectural Style
Other
Parking Features
Driveway
Community Features
Sidewalks, Street Lights
Subdivision Name
Covington Crossing
LISTING UPDATED: 05/05/2026 01:02 PM

Property Details for 40 Olde Covington Way

StatusActive
MLS #4342766
Days on Market68
Taxes-
HOA Fees$220 / month
Condo/Co-op Fees-
Property TypeTownhouse
MLS TypeResidential / Townhouse
Year Built2002
Lot Size0.23 AC / 10,018 SF
CountyBuncombe County

Location

Listing Courtesy of Trelora Realty INC
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Building Information for 40 Olde Covington Way

Stories-Residences-Year Built2002Lot Size0.23 AC / 10,018 SF

Payment Calculator

$2,143 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,812

Property Taxes

$111

HOA Dues

$220

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Olde Covington Way

Summary
Location and General Information
  • Longitude: -82.50052
  • Latitude: 35.452584
  • Directions: Cross Streets: Baldwin Rd; Five minutes away from the Asheville airport
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Subject To: Required
  • HOA Annual Expense: $2,640.00
  • Tax Assessed Value: $206,500.00
  • Parcel Number: 9653-78-7043-00000
  • City Taxes Paid To: Arden
School Information
  • Middle Or Junior School: Cane Creek
  • High School: T.C. Roberson
  • Elementary School: Glen Arden/Koontz
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 1.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 1082.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1082
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 1082.0
  • Lot Size Units: Acres
  • Property Type: Residential
  • Property Sub Type Additional: Other
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 19
  • Road Responsibility: Other - See Remarks
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Land Included YN: No
  • Restrictions: No Representation
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Tar/Gravel
  • Entry Location MLS: Main
Interior Features
  • Appliances: Dishwasher, Oven
  • Levels: One
  • Cooling: Central Air, Gas, Other - See Remarks
  • Heating: Forced Air
  • Laundry Features: None
  • Entry Level: 1
  • Fireplace YN: No
  • Foundation Details: Pillar/Post/Pier
  • Basement YN: No
  • Bedroom Main: 2
  • Full Bath Main: 2
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 2.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Bedroom(s)
  • Room Level: Main

Property History for 40 Olde Covington Way

DateEvent & SourcePriceAppreciation
May 5, 2026

Price Change

CANOPY #4342766

$359,900
Mar 30, 2026

Price Change

CANOPY #4342766

$399,500
Feb 27, 2026

Listed (Active)

CANOPY #4342766

$429,900
DateEvent & SourcePrice
05/05/2026

Price Change

CANOPY #4342766

$359,900
03/30/2026

Price Change

CANOPY #4342766

$399,500
02/27/2026

Listed (Active)

CANOPY #4342766

$429,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Olde Covington Way

Taxable ValueLand-Additions-Total-
Tax Record2025$1,331 ($111 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,082 SqFtAbove Grade Finished SqFt1,082 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built2002ZoningDEED DATE: 04CountyBUNCOMBEAPN9653-78-7043-00000Fireplace TypeHas Fireplace

Schools near 40 Olde Covington Way

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Glen Arden Elementary
PublicPK to 4

Koontz Intermediate School
Public5 to 6

Cane Creek Middle
Public6 to 8

T C Roberson High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

40 Olde Covington Way is a townhouse for sale in Arden, NC 28704. This property was listed for sale on February 27, 2026 by Trelora Realty INC, it's currently listed at $359,900. It has been on the market for a total of 68 days and was last sold on March 21, 2025. This listing's school district is Buncombe County Schools. Nearby schools include Glen Arden Elementary, Koontz Intermediate School and Cane Creek Middle. 40 Olde Covington Way is a 2-bed, 2-bath, 1,082 sqft townhouse built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trelora Realty INC

Based on information submitted to the MLS GRID as of 05/05/2026 01:02 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.