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Oak Terrace Townhomes in Asheville, NC

1 home
Asheville, NC

Community Highlights

  • Central Asheville location
  • Walkable access to downtown and UNCA
  • Updated townhome layouts with low-maintenance living
  • Shared green space and garden areas
Popular Features
Wood-Burning FireplacePrivate Patio Or DeckUpdated KitchenEnsuite Bedrooms

* Based on what we noticed in listing details.

Hoa

Community association is indicated on most current listings.

Parking

Assigned and overflow parking are mentioned in remarks.

* Based on what we noticed in listing details.

Architecture & Style

TypeTownhome
Built1983–1987
Avg Lot0.02 ac
  • Open Floor Plans
  • Updated Kitchens
  • Private Patios Or Decks
  • Fireplaces
  • Ensuite Bedrooms
  • Storage Rooms Or Utility Rooms
  • Wood And Tile Flooring

* Based on what we noticed in listing details.

Location & Proximity

Blue Ridge Mountains, western North Carolina

Walkability: high
green spacegardentrail access
Unca1 mile
Five Pointswalkable
Merrimon Avenuewalkable
  • Downtown Asheville
  • UNCA
  • Merrimon Avenue
  • Five Points
  • Trader Joe’s

* Based on what we noticed in listing details.

Questions about Oak Terrace?

Contact a licensed Asheville agent

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(704) 448-6060

First Impressions

Oak Terrace has the feel of a tucked-away Asheville townhome pocket that still keeps the city within easy reach. Most homes sit along Spears Avenue, and the setting is defined by mature landscaping, shared green space, and a compact, low-maintenance footprint that makes the neighborhood feel organized and easy to navigate. The architecture is straightforward and practical, but the updates inside many homes give the community a polished, lived-in appeal.

"A central Asheville address with the comfort of a small townhome community and the city’s best conveniences close at hand."

Home Styles & Community Feel

The community is made up of townhomes built in the 1980s, with the oldest homes dating to 1983 and the newest to 1987. Floor plans commonly include two or three bedrooms, two or more baths, and open main living areas anchored by fireplaces. Renovated kitchens, updated bathrooms, wood or tile flooring, quartz or granite counters, and private patios or decks show up often, giving the homes a refreshed, move-in-ready character. With no garages or basements and very small lots, the emphasis here is on efficient space and easy upkeep rather than large yards.

Oak Terrace feels intimate rather than sprawling. Shared green areas, community garden space, and landscaped common grounds lend the neighborhood a softer edge, while parking close to the units adds everyday convenience. Many homes also offer storage rooms or utility spaces that make the compact layouts work well.

These insights are based on listing details and are informational only; verify details for any specific property.

Elementary
Asheville City
Middle
Asheville
High
Asheville
These are typical school assignments. Attendance isn't guaranteed based on address. Please verify with the district.

Recently Sold Properties

16 Spears Avenue 3
SOLD

16 Spears Avenue 3

$371,500

Nov 12, 20252bd2ba1106sf
50 days99%$336/sf
11 month gap
16 Spears Avenue 18
SOLD

16 Spears Avenue 18

$375,000

Dec 17, 20242bd2ba1090sf
98 days99%$344/sf
8 month gap
16 Spears Avenue 12
SOLD

16 Spears Avenue 12

$381,000

Mar 28, 20243bd2ba1263sf
76 days98%$302/sf
6 month gap
16 Spears Avenue 39
SOLD

16 Spears Avenue 39

$367,500

Sep 27, 20232bd2ba1122sf
145 days98%$328/sf
8 month gap
16 Spears Avenue 23
SOLD

16 Spears Avenue 23

$460,000

Jan 13, 20233bd2ba1390sf
29 days99%$331/sf
2 month gap
16 Spears Avenue 3
SOLD

16 Spears Avenue 3

$360,000

Oct 20, 20222bd2ba1088sf
40 days100%$331/sf
2 month gap
16 Spears Avenue 42
SOLD

16 Spears Avenue 42

$360,000

Aug 4, 20222bd2ba1268sf
30 days115%$284/sf
3 month gap
16 Spears Avenue 19
SOLD

16 Spears Avenue 19

$300,000

Apr 26, 20222bd2ba1088sf
87 days100%$276/sf
16 Spears Avenue 14
SOLD

16 Spears Avenue 14

$315,000

Apr 6, 20223bd2ba1328sf
53 days100%$237/sf
5 month gap
16 Spears Avenue 18
SOLD

16 Spears Avenue 18

$306,000

Oct 26, 20212bd2ba1090sf
41 days104%$281/sf
16 Spears Avenue 10
SOLD

16 Spears Avenue 10

$300,000

Sep 20, 20212bd2ba1248sf
27 days100%$240/sf
16 Spears Avenue 8
SOLD

16 Spears Avenue 8

$302,000

Sep 15, 20212bd2ba1180sf
36 days101%$256/sf
16 Spears Avenue 17
SOLD

16 Spears Avenue 17

$310,000

Sep 9, 20213bd2ba1258sf
26 days103%$246/sf
4 month gap
16 Spears Avenue 9
SOLD

16 Spears Avenue 9

$280,000

Apr 28, 20213bd2ba1257sf
35 days102%$223/sf
2 month gap
16 Spears Avenue 39
SOLD

16 Spears Avenue 39

$260,000

Feb 25, 20212bd2ba1110sf
125 days100%$234/sf
11 month gap
16 Spears Avenue 22
SOLD

16 Spears Avenue 22

$267,500

Mar 27, 20203bd2ba1370sf
79 days100%$195/sf
16 Spears Avenue Unit 43
SOLD

16 Spears Avenue Unit 43

$220,000

Feb 5, 20202bd2ba1136sf
51 days100%$194/sf
5 month gap
16 Spears Avenue 17
SOLD

16 Spears Avenue 17

$246,500

Sep 4, 20193bd2ba1371sf
160 days101%$180/sf
16 Spears Avenue 13
SOLD

16 Spears Avenue 13

$247,000

Aug 5, 20193bd2ba1371sf
62 days100%$180/sf
16 Spears Avenue 39
SOLD

16 Spears Avenue 39

$229,000

Jun 18, 20192bd2ba1088sf
36 days100%$210/sf
1+ year gap
16 Spears Avenue 12
SOLD

16 Spears Avenue 12

$235,000

Jan 10, 20183bd2ba1361sf
78 days100%$173/sf
16 Spears Avenue 38
SOLD

16 Spears Avenue 38

$230,000

Nov 14, 20172bd2ba1018sf
74 days100%$226/sf
2+ year gap
16 Spears Avenue 22
SOLD

16 Spears Avenue 22

$182,000

Jun 23, 20153bd2ba1378sf
84 days96%$132/sf
2 month gap
16 Spears Avenue Unit 11
SOLD

16 Spears Avenue Unit 11

$127,000

Apr 6, 20151bd1ba822sf
80 days94%$155/sf
16 Spears Avenue 12
SOLD

16 Spears Avenue 12

$173,000

Feb 20, 20153bd2ba1371sf
197 days96%$126/sf
6 month gap
16 Spears Ave Unit 43
SOLD

16 Spears Ave Unit 43

$162,000

Aug 8, 20142bd2ba1198sf
493 days99%$135/sf
16 Spears Avenue 15
SOLD

16 Spears Avenue 15

$186,500

Jun 13, 20143bd2ba1378sf
247 days99%$135/sf
16 Spears Avenue 19
SOLD

16 Spears Avenue 19

$158,950

May 23, 20142bd2ba1088sf
130 days100%$146/sf
10 month gap
16 Spears Avenue 7
SOLD

16 Spears Avenue 7

$143,500

Jul 24, 20132bd2ba1090sf
159 days96%$132/sf
10 month gap
16 Spears Avenue 12
SOLD

16 Spears Avenue 12

$160,000

Aug 31, 20123bd2ba1372sf
449 days92%$117/sf
Showing 30 sold properties

Market Statistics

The Oak Terrace real estate market shows buyer's market conditions. Homes typically sell within 77 days. With 2 active listings and 1 homes sold in the past year, Buyers have more negotiating power and time to decide.

Pricing

Median Price:$372,000

Average Price:$372,000

Property Details

Avg Bedrooms:2.4

Avg Bathrooms:2.0

Avg Lot Size:0.02 acres

Market Activity

Active Listings:2

Sold Last Year:1

Median Days to Sell:77 days

Community Info

Median Year Built:1983

New Construction:0%

Recently Off Market Properties

2 properties

Looking for similar properties?

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