31 Wilmington Road
Asheville, NC, 28803 $ 349,900
Bedrooms3 Baths1.0 Sq 918 Monthly Estimate*
$ 2,417
for $349,900 with 3 bedrooms and 1 full bath. This 918 square foot home was built in 1967 on a lot size of 0.22.
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!
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FeaturesGeneralLiving Area 918
Sewer Public Sewer
Heating Forced Air Oil
Cooling Window Unit(s) N/A
Roof Architectural Shingle
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Exhaust Hood Refrigerator Washer/Dryer
Zoning RS8
Garage Spaces 1
Patio/Porch Features Front Porch
Architectural Style Ranch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Partial Hardboard Siding
Year Built 1967
View Mountain(s) Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 9657-78-0951-00000
Elevation 2000
Waterfront Features None
Community Features None
County Buncombe
New Construction N
Property Type Residential
HOA N
Subdivision Name Oakley
Garage Y/N Y
Other Structures None
Full Baths 1
Directions : I-240 E to exit 8. Take right on Fairview Road. Immediate left on Old Fairview Road. Wilmington Road is on the right. #31 is on your right. GPS will guide you home.
High School AC Reynolds
City Asheville
Senior Community Y/N N
Open Parking Spaces 2
Lot Size Units Acres
Carport Y/N N
Elementary School Oakley
Middle/Junior High School AC Reynolds
Additional Parcels Y/N N
Virtual Tour https://youtu.be/sVYlrAhdZLc https://youtu.be/sVYlrAhdZLc
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 204400
Listing Terms Cash Conventional FHA Owner Financing USDA Loan VA Loan
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InteriorInterior Amenities Attic Other
Basement Daylight Exterior Entry Unfinished Walk-Out Access Walk-Up Access
Flooring Tile Wood
Basement (Y/N) Y
Window Features Insulated Window(s)
Fireplace Y/N N
Above Grade Finished Area 918
Half Baths 0
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 1
SqFt Main 918
SqFt Lower 0
SqFt Garage 308
SqFt Upper 0
Bedroom 3
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ExteriorExterior Amenities Fire Pit
Fencing Back Yard
Parking Features Attached Garage Garage Faces Rear On Street Parking Space(s)
Lot Features Green Area Level Sloped Views
Water Source City
Lot Size Area 0.22
Foundation Details Permanent
Road Surface Type Gravel Paved
Other Parking Two off street parking in front of home - single garage on lower level
Door Features Insulated Door(s)
Other Equipment Fuel Tank - Owned
Road Responsibility Publicly Maintained Road
Horse Amenities None
Main Level Garage YN N
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* Excluded FeaturesList ByKeller Williams ProfessionalsBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,417
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Asheville, NC
Average List Price $950,979
Percent of Sale Price 172%
About Asheville, NC 93,508 Population
25% Since 2002
$ 48,694 Median Income
39.56 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
2172497 Elementary School
2033292 Middle School
AC Reynolds High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $349,900 | -2.53% | Price Down |
| 9/16/2026 | $359,000 | | Listed Price |