Oakley Homes under $350,000

Welcome to Oakley, a charming neighborhood nestled in the heart of Asheville, North Carolina. Known for its friendly atmosphere and vibrant community spirit, Oakley offers a unique blend of suburban tranquility and urban convenience. With its picturesque tree-lined streets and welcoming residents, it's no wonder that this area has become a sought-after destination for families, young professionals, and retirees alike.

One of the standout features of Oakley is its accessibility to Asheville's bustling downtown, where residents can enjoy a diverse array of dining, shopping, and cultural experiences. The neighborhood is also conveniently located near beautiful parks and recreational areas, providing plenty of opportunities for outdoor activities, from hiking to picnicking. The local schools are highly regarded, making it an ideal place for families looking to settle down.

For those searching for affordable housing options, Oakley offers a selection of charming homes priced under $350,000. These properties boast a variety of styles, from cozy bungalows to modern townhomes, catering to diverse tastes and preferences. With the current real estate market in Asheville, finding a home in Oakley at this price point is a rare gem that allows buyers to invest in a vibrant community without breaking the bank.

Whether you're looking for your first home, a cozy retreat, or an investment opportunity, Oakley is a neighborhood that promises a rich lifestyle filled with community connections and the beauty of the Blue Ridge Mountains. Discover the possibilities that await you in this delightful Asheville enclave!

Newest Oakley Homes under $350,000

$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 Asheville Realty & Associates. 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

$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

$349,000

3 Beds ⋅ 3 Baths ⋅ 4393611 MLS ⋅ ACTIVE Status

PRICE REDUCED! $10,000 SELLER CREDIT OFFERED AT CLOSING! First-time buyers and investors—this one deserves a closer look! A rare 3-bedroom, 3-bath opportunity in Oakley priced under $400K, offering an attractive entry point into the Asheville market without giving up the space you need. For the first-time buyer, the $10,000 seller credit can help with closing costs, prepaid expenses, or other upfront costs, making homeownership a little more attainable. Plus, major recent updates—including a brand-new HVAC system and new carpeting in all three bedrooms—mean fewer immediate big-ticket expenses to worry about. For the investor or value-minded buyer, the property's 3-bed/3-bath layout, dedicated parking, private access, and expansive lower-level basement create plenty of possibilities. Use the basement as a workshop, storage, home gym, or explore the potential for future finished space and added value, subject to permitting and buyer verification. Set quietly off the street, the home offers a sense of privacy while remaining incredibly convenient. The shared driveway provides off-street parking for up to 3 vehicles, while the low-maintenance grounds make ownership and upkeep more manageable. And the location? You’re close to some of Asheville's most desirable destinations, with easy access to I-240, Downtown Asheville, and historic Biltmore Village. Whether you're looking for your first home, an opportunity to build equity, or a property with investment potential, this is a compelling combination of price, space, updates, location, and flexibility. With the price reduction AND $10,000 seller credit, now is the time to take another look. Schedule your private tour today and see the possibilities for yourself!

501 Fairview Road, Asheville

Listing courtesy of CENTURY 21 Connected. darawncrealestate@gmail.com

Start Your Search

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: