5 Main Street
Asheville, NC 28803
Est. $2,501/mo — See my rate
$209/Sq Ft
3 bd · 2 ba · 2,080 sqft · $209/sqft
About This Home
One of Oakley's original homes, 5 Main Street was built during Asheville's 1920s building boom and still carries much of the character of that era. While so many homes of its generation have been completely remade over the years, this one still has a little Gatsby in it. It starts with the covered front porch—with its traditional blue ceiling and plenty of room for rocking chairs—and continues inside with hardwood floors, 9-foot ceilings, a brick fireplace, custom built-ins, and the kinds of details that give an old house its personality.
The home has been updated without erasing its past. The built-in breakfast nook and table is one of those especially charming details that makes the house feel like it belongs to another era, while modern improvements make it comfortable for everyday living. Natural gas heating and air conditioning were installed in 2021.
The lower level was completely renovated in 2021, and even here some of the home's most interesting original features were preserved. Exposed 100-year-old brick and distinctive arched window details give the space a character of its own. With a full bath with an antique clawfoot tub, independent mini-split HVAC, updated electrical, and a living area with a built-in projector for a 90-inch display, it's an unusually flexible extension of the home. Interior and exterior French drains were also installed prior to Hurricane Helene and performed as designed during the storm.
The lower level remains connected to the main level of the home by an interior staircase, while also having its own exterior entrance—giving a future owner plenty of flexibility in how the space is used. Use it for guests, extended family, a home office studio, or simply as additional living space. For buyers looking to offset some of the cost of homeownership, the separate exterior access also makes the lower level worth exploring for homestay or short-term rental use; it has previously been used for Airbnb stays on a limited basis. The laundry facilities and electrical panel are located in a shared basement utility area that can be accessed from both the main home and lower-level space. The property as a whole has a strong history as a furnished monthly rental, with rental records available upon request.
Outside, the size of the property is a real standout. There's plenty of room to garden, play, entertain, or simply enjoy having some breathing room. The rear portion may also offer the potential for a future flag lot, giving the next owner the option to enjoy the extra space today and explore its possibilities down the road. Buyer to verify subdivision feasibility and permitting.
The location is another big part of the appeal. Biltmore Village is within walking distance and downtown Asheville is just minutes away. Closer to home, Oakley continues to add more neighborhood favorites, including a new All Day Darling coming to Fairview Road. Just down the hill, the Swannanoa River corridor is taking on new life with the Hellbender music venue now open and the future Swannanoa River Greenway bringing new opportunities to walk and bike through the area. And when you'd rather leave the car at home, the bus to downtown stops nearby about once an hour and costs just $1 each way.
The owner is willing to sell the home fully furnished through a separate furniture transaction. Lexington Glass pendant lights and vintage refrigerator do not convey and will not be available as part of the furniture transaction.
Property history
-
Aug 20, 2026Price reduced $435,000 ActiveWas $445,000
-
Aug 12, 2026Price reduced $445,000 ActiveWas $517,000
-
Apr 26, 2026Listed for sale $435,000 Active122 days on market
-
Oct 28, 2021
-
Aug 23, 2021Price reduced $300,000 ClosedWas $349,900
-
May 26, 2021Previously listed $300,000 Closed
Property Details
Interior Details
- Heating
- Natural Gas
- Sqftmain
- 1280
- Roomcount
- 2
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 0
- Exclusions
- Vintage Refrigerator (basement); Lexington Glass Pendent lights
- Bedroommain
- 2
- Fullbathmain
- 1
- Halfbathmain
- 0
- Half Bathrooms
- 0
- Bedroombasement
- 1
- Total Bathrooms
- 2
- Fullbathbasement
- 1
- Laundry Features
- Common Area
- Electric Dryer Hookup
- In Basement
- Washer Hookup
- Mainlevelgarageyn
- 0
- Sqftunheatedtotal
- 0
- Sqfttotalpropertyhla
- 2080
Square Footage And Levels
- Levels
- Split Level
- Above Grade Finished Area
- 1280
- Below Grade Finished Area
- 800
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Roof
- Aluminum
- Construction Materials
- Vinyl
Lot And Land
- Lot Size Acres
- 0.22
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Apartment
- Foundation Details
- Basement
- Slab
Utilities
- Sewer
- County Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Asheville
Zoning And Restrictions
- Zoningspecification
- R M8
Listed by Michael Stratton (828-734-0406) · Wander Wagon Tours & Realty (828-734-0406)
Location
- Address
- 5 Main Street
- City
- Asheville, NC 28803
- Community
- Alta Vista
Schools
- Elementary
- Unspecified
- Middle
- AC Reynolds
- High
- AC Reynolds
School assignments may change. Contact the school district to confirm.
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.
Based on information submitted to the MLS GRID as of Aug 20, 2026. 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. Properties may or may not be listed by the office/agent presenting the information.
Some IDX listings have been excluded from this website.
Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.
Please send DMCA notices to: hello@palmettopark.com
