Listing office: Allen Tate/Beverly-Hanks Asheville-Downtown
Property details
About 7 Olivewood Dr
Nestled in a peaceful setting less than 15 minutes from downtown Asheville, this charming 2BD/2BA home offers flexible living on over half an acre! The main level features kitchen with dining area, living room with beautiful hardwood floors, a comfortable bedroom and full bath. Lower level includes a spacious ensuite bedroom as well as additional flex space, a large laundry room, all with a private exterior entrance. A flex area upstairs adds even more potential. Enjoy quiet mornings on the covered front porch or spend time in the yard, perfect for gardening, outdoor activities, or simply unwinding. A storage shed adds extra space for tools and gear. Convenient location with easy access to all your everyday essentials and approximately 2 miles from the Blue Ridge Parkway! Ceiling heights vary throughout the property, no portion exceeds 6'11". Strong, successful long-term rental history. Whether looking for a full-time residence or an investment, don't pass this one up!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump, Natural Gas
StatusActive
CoolingCentral Air
Size1,470 sqft
BasementYes
Year built1948
ParkingDriveway
MLS #4260130
Summary
- Full Bathrooms: 2
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Basement: Yes
- Flooring Type: Vinyl, Wood
- Total Bedroom Count: 2
- Parking: Driveway
- Architectural Style: Traditional
- Heating: Heat Pump, Natural Gas
- Cooling: Central Air
- List Price: $324,000
- Price/SqFt: $220
- Annual Tax Amount: $1,290
- Tax Year: 2024
- Directions: Hwy 70 to Lower Grassy Branch to Right on Olivewood Dr(road just past Botney).~Or~ Hwy 70 to left on Riceville Rd to rt on Farm School Rd to stop sign. Left at stop sign to 1st right which is Olivewood. Drive to the left up the gravel drive. House is last one on the Left.
- Year Built: 1948
- Living Area: 1,470 SqFt
- MLS Number: 4260130
- Office Name: Keller Williams Professionals
- Office Email: listings@TheMattAndMollyTeam.com
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 22, 2008 | Home Sold | $82,000 |
| May 24, 2006 | Home Sold | $108,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $188,800 | $1,290 |
| 2023 | $188,800 | $1,253 |
| 2022 | $188,800 | $1,196 |
| 2021 | $188,800 | $1,196 |
| 2020 | $144,200 | $971 |
| 2019 | $144,200 | $935 |
| 2017 | $144,200 | $935 |
History based on county public records data.
Nearby schools
5
Charles C. Bell Elementary School
Public District PK-5
1.3 mi
•90 Maple Springs Rd
5
Haw Creek Elementary School
Public District PK-5
1.8 mi
•10 Bethesda Rd
2
Oakley Elementary School
Public District PK-5
3.3 mi
•753 Fairview Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,068. Residents of Asheville, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
28%
<35k
55%
35k-100k
11%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
40%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
Kmart
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Jimmy Johns
What do the neighbors drive?
Buick
Lincoln
Chevrolet
What do the neighbors listen to?
Oldies
Adult Standards
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Asheville, NC
Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.
The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.
Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.
Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.
About 7 Olivewood Dr
The listing price of 7 Olivewood Dr property is $324,000.
The property 7 Olivewood Dr is a house located in Asheville, North Carolina, 28805.
Active Listing: 7 Olivewood Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7 Olivewood Dr are: Charles C. Bell Elementary School (GreatSchools Rating 5/10), Haw Creek Elementary School (GreatSchools Rating 5/10), Oakley Elementary School (GreatSchools Rating 2/10), Evergreen Community Charter (GreatSchools Rating 5/10), Artspace Charter School (GreatSchools Rating 7/10), A.C. Reynolds Middle School (GreatSchools Rating 7/10), A.C. Reynolds High School (GreatSchools Rating 7/10), Community High School (GreatSchools Rating 2/10), School of Inquiry and Life Sciences (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,290 (source: MLS/based on county public records data).
The last sale was on September 22, 2008 for $82,000 (source: MLS/tax record).
The property at 7 Olivewood Dr has 2 bedrooms and 2 bathrooms.
The property 7 Olivewood Dr is 1,470 SqFt (source: MLS/tax record).
The year of construction for 7 Olivewood Dr is 1948.
This home is located at 7 Olivewood Dr in Asheville, NC and zip code 28805. This 1,470 square foot home was built in 1948. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $324,000.
In June 2025, from all listings sold in Asheville, NC there were more than 23 sold above asking price, over 94 sold below and more than 29 were sold right at the asked price. In June 2025 in Asheville, NC there were 8.2% more homes for sale than in May. The median list price of listings available in June 2025 was $507,511, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.