Oakley Homes under $400,000

Welcome to Oakley, a vibrant and charming neighborhood nestled in the heart of Asheville, North Carolina. Known for its friendly community atmosphere and stunning natural surroundings, Oakley offers residents a unique blend of suburban serenity and urban convenience. With its lush landscapes and proximity to the beautiful Blue Ridge Mountains, this area is perfect for nature lovers and outdoor enthusiasts alike.

Oakley is characterized by its diverse architecture, featuring a mix of cozy bungalows, modern townhomes, and spacious single-family residences. One of the most appealing aspects of this neighborhood is the availability of homes priced under $400,000, making it an attractive option for first-time homebuyers, young families, and those looking to invest in Asheville’s flourishing real estate market. These homes often come with charming yards, inviting porches, and easy access to local parks, creating the ideal setting for relaxation and recreation.

Residents of Oakley enjoy a strong sense of community, with local events and gatherings that foster connections among neighbors. Additionally, the neighborhood is conveniently located just a short drive from downtown Asheville, where you can explore an array of dining, shopping, and entertainment options. The area is also served by excellent schools and is close to various amenities, making it a desirable choice for families.

If you’re looking for a welcoming community with affordable housing options in Asheville, Oakley is a fantastic place to call home. Discover the charm and potential of this delightful neighborhood today!

Newest Oakley Homes under $400,000

$349,900

3 Beds ⋅ 1 Baths ⋅ 4424630 MLS ⋅ ACTIVE Status

Oakley Brick Ranch with Mountain Views, Oversized Lot & Income Potential Welcome to this charming 3-bedroom, 1-bath brick ranch in desirable Oakley. Hardwood floors run throughout, and the bathroom features attractive tilework. The home is move-in ready with comfortable one-level living, while its versatile layout and unusually spacious lot offer exciting possibilities for the future. One of the property's biggest opportunities lies downstairs. The large unfinished basement, lower-level garage, and separate exterior entrance offer substantial space for expansion. Architectural plans and a property survey are already complete and included with the listing, illustrating the potential to nearly double the home's finished living area. Explore options for additional living space, an in-law suite, or potentially a separate apartment, subject to applicable approvals. Outside, the large, level, fenced backyard is a standout feature, with the added advantage of access from a second street and both front and rear parking. There's plenty of room for entertaining, gardening, playing or exploring the possibility of adding an ADU for additional living space or rental income, subject to City of Asheville zoning and permitting requirements. Enjoy mountain views from the front yard and a convenient Oakley location within walking distance of the school, library, and neighborhood amenities. Walk down the hill to Fairview Tavern or head just minutes to Fairview Road for groceries, coffee shops, restaurants, shopping, and fitness options. With easy interstate access, Biltmore Village and Downtown Asheville are just minutes away, while Black Mountain is an easy drive. Move-in ready today with exceptional potential for tomorrow, this property offers a rare combination of location, land, flexibility, and room to grow. Seller will consider seller financing to beat current lender rates - terms are negotiable. Book your showing today!

31 Wilmington Road, Asheville

Listing courtesy of Keller Williams Professionals. jason@newearthavlrealty.com

$305,000

3 Beds ⋅ 1 Baths ⋅ 4424244 MLS ⋅ ACTIVE Status

Unique opportunity in the heart of Oakley, unbeatable location. Private, level lot with flowering trees and shrubs. Easy one level living with generous space for outdoor living. Double car carport. Eat in kitchen, with stainless steel appliances and lots of cabinetry, including a pantry. Possible to make a dining room in part of the large living room if desired. Brand new propane furnace barely used. Roof has architectural shingles. Seller to provide up to $700.00 towards Home Warranty of Buyer's choice. Basement has inside and outside entrances. Minutes to Biltmore Village, Asheville, Oakley Library, and I 240. Lot includes lot 2 and 3 Buyer to determine if subdividable. Home has been smoking free for approximately 15 years. Under Terminix bond until approximately 2 years ago.

16 Shannon Drive, Asheville

Listing courtesy of CENTURY 21 Mountain Lifestyles. athomewnc@gmail.com

$309,900

3 Beds ⋅ 3 Baths ⋅ 4413257 MLS ⋅ ACTIVE Status

Unique opportunity in Oakley! One-story home with a finished basement in an unbeatable location, just minutes from everyday amenities and less than 10 minutes to downtown Asheville. Situated on a level lot, this charming property offers tremendous potential for someone ready to make it their own. The backyard features an above-ground pool with a separate pool house complete with a kitchen, full bath, and abundant storage. While this space is no longer in use and will require significant renovation or possible removal, it offers exciting possibilities for future outdoor living. The main level includes a bedroom, full bath, living room, and kitchen with dining area. Due to the main-level ceiling height being under 7 feet, it is not included in the home's finished square footage. The finished basement features two spacious bedrooms, two full baths, and a laundry room, all with ceiling heights of at least 7 feet. Whether you're looking for an investment, renovation project, or a chance to create a home tailored to your vision, this property is full of possibilities!

8 First Street, Asheville

Listing courtesy of Keller Williams Professionals. listings@TheMattAndMollyTeam.com

$360,000

2 Beds ⋅ 1 Baths ⋅ 4412892 MLS ⋅ ACTIVE Status

Charming cottage in convenient and on-trend Oakley. On quiet street one block from Oakley Elementary, Oakley Park and library, public transportation, connections to I-240, I-40, and I-26, minutes to Biltmore Village and neighborhood pubs and brewery. Warm and inviting one level living with generous space for outdoor living and gardening. Newer appliances, updated bathroom, and new guttering system has been installed. Primary bedroom closet plumbed for 1/2 bath and Seller is offering $1,000 allowance to refit as a half bath. Attic and basement storage and garden shed.

21 Lincoln Avenue, Asheville

Listing courtesy of Nexus Realty LLC. 828-585-2188

$325,000

2 Beds ⋅ 1 Baths ⋅ 4352652 MLS ⋅ ACTIVE Status

Are small city lots making you feel limited with the space you can afford? This cute Oakley home sits on a large fenced-in 0.46 acre lot in a great section of Oakley full of trees and a great community. The home offers so much with recent renovations that include a NEW furnace and HVAC system, new flooring, new hot water heater, new paint inside and new lower cabinets in the kitchen and a new roof installed 2024! More improvements are listed in the attachments. If you want a great home in a great neighborhood and the ability to stroll to Biltmore Village and the new All Day Darling eatery easily, this home may be for you. Seller is offer a credit for a new refrigerator to the buyer in the amount of $1,000 as well. Make this bright and cheerful city home yours today!

49 First Street, Asheville

Listing courtesy of Carolina Mountain Sales. rachaelgiesenschlag@gmail.com

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Oakley Homes under $400,000

Newest Oakley Homes under $400,000

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