Active
$359,900 $333/sqft
40 Olde Covington Way
Arden, NC 28704
2 bd · 2 ba · 1,082 sqft · 2002 · 5 mo ago
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Covington Crossing Homes for Sale in Arden, SC
Covington Crossing in Arden has the feel of a well-kept pocket neighborhood where the streets are lined with modest lots, tidy yards, and a mix of attached and detached homes that have been thoughtfully updated over time.
- Active
- 2
- Recently Sold
- 48+
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About Covington Crossing
Community overview based on MLS listing data for Covington Crossing, Arden
First Impressions
Covington Crossing in Arden has the feel of a well-kept pocket neighborhood where the streets are lined with modest lots, tidy yards, and a mix of attached and detached homes that have been thoughtfully updated over time. Built in the early 2000s, the community reads as established rather than new, with most homes dating from 2000 to 2004. The setting is especially appealing for anyone who values a location that feels tucked away while still staying close to the everyday essentials of South Asheville and Arden. Many homes sit on manageable lots, and several properties feature patios, decks, fenced yards, and screened or covered outdoor spaces that make the most of the mild mountain climate.
Home Styles & Community Feel
The housing mix includes single-family residences, townhomes, duplex-style units, and condos, giving Covington Crossing a varied but cohesive character. Most listings highlight open floor plans, split-bedroom layouts, gas fireplaces, and main-level living, along with practical touches like pantries, laundry rooms, and attached garages. Garage parking is common here, and many homes also offer extra storage, bonus rooms, or sunrooms. Updates are a recurring theme, with renovations often centered on kitchens, flooring, roofs, bathrooms, and exterior maintenance. The result is a community that feels cared for and move-in ready, with a strong emphasis on low-maintenance living and lock-and-go convenience.
Amenities & Daily Rhythm
Daily life in Covington Crossing is shaped by convenience. Residents are close to shopping, dining, and entertainment along Airport Road and Hendersonville Road, with Biltmore Park Town Square, South Asheville amenities, and the Asheville Airport all mentioned repeatedly in listing remarks. Some homes back to green space or sit near a creek, adding a pleasant natural backdrop to patios and decks. HOA coverage varies by property, but exterior maintenance, mowing, roof, and siding care are frequently noted in the community’s attached homes. The neighborhood also appears to support rental flexibility in several listings, including long-term rentals and short-term rentals in select properties, which adds another layer of versatility to the housing stock.
Location & Schools
Covington Crossing sits in Arden, in the South Asheville area, with easy access to Airport Road and Hendersonville Road and straightforward connections to I-26. Listings commonly describe the community as roughly 10 minutes from Asheville Regional Airport, about 12 miles between downtown Asheville and downtown Hendersonville, and conveniently positioned for reaching both cities. Nearby destinations include Biltmore Park Town Square, Lake Julian Park, the NC Arboretum, and the Blue Ridge Parkway, all of which help define the area’s daily rhythm. The community is associated with Glen Arden/Koontz Elementary, Cane Creek Middle, and T.C. Roberson High, and the school district is frequently referenced as a draw for the area. Covington Crossing’s location balances access and retreat: close to major corridors and amenities, yet set just far enough back to feel residential and settled.
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Recently Sold
Showing 1-48+ recently sold in Covington Crossing, Arden
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
 48 Olde Covington Way 2 bd · 2 ba | Jul 10 2026 | $309,500 | 266 | 1,077 sq ft | 100.0% | $287 |
 307 Roxbury Place 3 bd · 2 ba | May 22 2026 | $450,000 | 42 | 2,070 sq ft | 97.8% | $217 |
 702 Olde Covington Way 2 bd · 2 ba | Apr 28 2026 | $230,000 | 33 | 1,103 sq ft | 94.1% | $209 |
 31 Olde Covington Way 3 bd · 2 ba | Apr 17 2026 | $417,500 | 28 | 1,812 sq ft | 98.0% | $230 |
 701 Olde Covington Way 2 bd · 2 ba | Oct 14 2025 | $219,900 | 216 | 1,107 sq ft | 100.0% | $199 |
 5 Olde Covington Way 3 bd · 2 ba | May 1 2025 | $435,000 | 89 | 1,731 sq ft | 97.8% | $251 |
 17 Olde Covington Way 3 bd · 2 ba | Apr 25 2025 | $430,000 | 49 | 1,792 sq ft | 98.9% | $240 |
 211 Essex Place 4 bd · 2 ba | Nov 26 2024 | $479,000 | 39 | 1,857 sq ft | 100.0% | $258 |
 71 Olde Covington Way 3 bd · 2 ba | Aug 5 2024 | $360,000 | 24 | 1,411 sq ft | 98.6% | $255 |
 15 Olde Covington Way 3 bd · 2 ba | Mar 26 2024 | $520,000 | 47 | 2,191 sq ft | 98.3% | $237 |
 108 Olde Covington Way 2 bd · 2 ba | Feb 26 2024 | $255,000 | 32 | 1,103 sq ft | 92.7% | $231 |
 304 Roxbury Place 4 bd · 2 ba | Sep 6 2023 | $445,000 | 57 | 1,821 sq ft | 95.7% | $244 |
 301 Olde Covington Way 2 bd · 2 ba | Sep 6 2023 | $260,000 | 47 | 1,170 sq ft | 100.0% | $222 |
 101 Olde Covington Way 2 bd · 2 ba | Aug 7 2023 | $245,000 | 115 | 1,170 sq ft | 94.2% | $209 |
 106 Olde Covington Way 2 bd · 2 ba | Jul 5 2023 | $260,000 | 19 | 1,112 sq ft | 98.1% | $234 |
 89 Olde Covington Way 3 bd · 2 ba | Feb 21 2023 | $350,000 | 33 | 1,368 sq ft | 100.0% | $256 |
 303 Roxbury Place 3 bd · 2 ba | Jan 12 2023 | $515,000 | 30 | 2,689 sq ft | 98.1% | $192 |
 46 Olde Covington Way 2 bd · 2 ba | Sep 13 2022 | $282,000 | 36 | 1,071 sq ft | 92.5% | $263 |
 105 Olde Covington Way 2 bd · 2 ba | Jun 22 2022 | $251,500 | 35 | 1,201 sq ft | 105.2% | $209 |
 107 Olde Covington Way 2 bd · 2 ba | Mar 18 2022 | $220,000 | 35 | 1,112 sq ft | 102.3% | $198 |
 403 Olde Covington Way Olde Covington Way 2 bd · 2 ba | Nov 22 2021 | $189,000 | 96 | 1,170 sq ft | 100.0% | $162 |
 15 Olde Covington Way 3 bd · 2 ba | Nov 16 2021 | $391,000 | 105 | 2,191 sq ft | 97.8% | $178 |
 108 Olde Covington Way Unit 108 2 bd · 2 ba | Nov 12 2021 | $215,000 | 39 | 1,152 sq ft | 104.9% | $187 |
 504 Olde Covington Way 3 bd · 2 ba | Sep 3 2021 | $225,000 | 22 | 1,400 sq ft | 95.7% | $161 |
 77 Olde Covington Way 3 bd · 2 ba | Jun 4 2021 | $340,000 | 45 | 1,573 sq ft | 103.0% | $216 |
 31 Olde Covington Way 3 bd · 2 ba | May 20 2021 | $355,000 | 30 | 1,718 sq ft | 106.0% | $207 |
 211 Essex Place 3 bd · 2 ba | May 10 2021 | $355,000 | 91 | 1,885 sq ft | 101.4% | $188 |
 61 Olde Covington Way 3 bd · 2 ba | Apr 30 2021 | $272,000 | 51 | 1,414 sq ft | 98.9% | $192 |
 81 Olde Covington Way 3 bd · 2 ba | Jan 19 2021 | $298,250 | 204 | 1,769 sq ft | 98.9% | $169 |
 69 Olde Covington Way 3 bd · 2 ba | Dec 8 2020 | $261,500 | 53 | 1,409 sq ft | 95.1% | $186 |
 702 Olde Covington Way 2 bd · 2 ba | Dec 1 2020 | $158,500 | 32 | 1,167 sq ft | 96.1% | $136 |
 83 Olde Covington Way 3 bd · 2 ba | Oct 14 2020 | $270,000 | 38 | 1,404 sq ft | 98.9% | $192 |
 705 Olde Covington Way 2 bd · 2 ba | Oct 6 2020 | $175,000 | 43 | 1,112 sq ft | 102.9% | $157 |
 706 Olde Covington Way 2 bd · 2 ba | Sep 4 2020 | $145,000 | 21 | 1,117 sq ft | 96.7% | $130 |
 303 Olde Covington Way 2 bd · 2 ba | Aug 24 2020 | $159,000 | 46 | 1,170 sq ft | 101.0% | $136 |
 107 Olde Covington Way 2 bd · 2 ba | Aug 21 2020 | $168,000 | 46 | 1,112 sq ft | 105.0% | $151 |
 407 Olde Covington Way 2 bd · 2 ba | May 5 2020 | $138,000 | 190 | 1,170 sq ft | 95.5% | $118 |
 79 Olde Covington Way 4 bd · 2 ba | Apr 29 2020 | $300,000 | 99 | 1,723 sq ft | 100.0% | $174 |
 48 Olde Covington Way 2 bd · 2 ba | Sep 27 2019 | $191,750 | 38 | 1,077 sq ft | 106.5% | $178 |
 108 Olde Covington Way 2 bd · 2 ba | Sep 12 2019 | $147,500 | 42 | 1,112 sq ft | 100.0% | $133 |
 401 Olde Covington Way 2 bd · 2 ba | Aug 27 2019 | $143,500 | 74 | 1,170 sq ft | 100.0% | $123 |
 70 Olde Covington Way 2 bd · 2 ba | Jul 3 2019 | $242,000 | 32 | 1,285 sq ft | 100.8% | $188 |
 87 Olde Covington Way 3 bd · 2 ba | Jul 1 2019 | $250,000 | 57 | 1,360 sq ft | 94.3% | $184 |
 89 Olde Covington Way 3 bd · 2 ba | May 6 2019 | $256,600 | 52 | 1,368 sq ft | 100.6% | $188 |
 504 Olde Covington Way 3 bd · 2 ba | Apr 5 2019 | $165,000 | 224 | 1,400 sq ft | 91.7% | $118 |
 79 Olde Covington Way 4 bd · 2 ba | Mar 7 2019 | $288,000 | 38 | 1,741 sq ft | 100.3% | $165 |
 101 Olde Covington Way 2 bd · 2 ba | Dec 17 2018 | $137,000 | 14 | 1,170 sq ft | 96.1% | $117 |
 105 Olde Covington Way 2 bd · 2 ba | Nov 2 2018 | $147,000 | 50 | 1,170 sq ft | 101.4% | $126 |
Market Trends
Closed sales from MLS history for Covington Crossing, Arden
Median sale price · trailing 12 mo
$360,000
5 sales closed · Sep 2023 – Aug 2024
1 yr ▴ 27.7% 3 yr ▴ 32.8% Arden 1 yr ▴ 4.5%
Covington Crossing median sale price is $360,000, up 27.7% from a year ago; Arden is up 4.5%.
The Covington Crossing real estate market shows balanced market conditions. Homes typically sell within 56 days. With 2 active listings and 5 homes sold in the past year, a healthy balance exists between buyers and sellers.
Pricing
- Median Price
- $324,900
- Average Price
- $324,900
- $/Sq.Ft (Q1)
- $118
- 1-Yr Price Trend
- −28.4%
Property Details
- Avg Bedrooms
- 2.6
- Avg Bathrooms
- 2.0
- Avg Lot Size
- 0.16 acres
Market Activity
- Active Listings
- 2
- Sold Last Year
- 5
- Median Days to Sell
- 56 days
Community Info
- Median Year Built
- 2002
- New Construction
- 0%
Recently Off Market Properties
Listings taken off the market in the past year in Covington Crossing, Arden
Off Market Listed Feb 18, 2026
703 Olde Covington Way
Arden, NC 28704
2 bd · 2 ba · 1,168 sqft
Last Listed Price $239,000
View details Off Market Listed Nov 25, 2025
506 Olde Covington Way
Arden, NC 28704
3 bd · 2 ba · 1,360 sqft
Last Listed Price $289,000
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