Swannanoa · Swannanoa, NC
105 Alexander Avenue
Swannanoa, NC · 2,046 sqft
$465,000
Reduced from $589,000
- 4Beds
- 2.5Baths
- 2,046SqFt
- 1959Year
- 272Days on market
About this home
Rare opportunity to own a 4-bedroom, 2.5-bath mid-cent gem on Alexander Avenue in Grovemont-on-Swannanoa — part of one of America's first planned communities, developed by E.W. Grove beginning in 1924. This architectural treasure sits on a desirable corner lot and strikes the perfect balance between authentic mid-cent character and modern updates, featuring a refreshed kitchen and baths while preserving the original design integrity that makes these homes so sought after. Practical updates are already done — roof replaced in 2018, a brand new privacy fence, and an extensively updated electrical system — making this one truly move-in ready. And with the seller offering $5,000 toward closing costs, stepping into this piece of history is more attainable than ever. The historic Grovemont neighborhood offers a walkable lifestyle with the beloved Grovemont farmers market, library, and live music all within easy reach. And the neighborhood is only getting better. Beacon Park — a transformative new development on the site of the former Beacon Blanket Factory — is set to open just minutes away in 2026, bringing a world-class bike park, bouldering walls, a one-mile walking loop, playground, and a 4,000-person event lawn to Swannanoa. New local businesses including Short Sleeve Coffee and Ovenbird Kitchen are already open, with more on the way. This area is experiencing a genuine renaissance. When you're ready to venture further, Biltmore Estate, the Blue Ridge Parkway, Black Mountain, and downtown Asheville are all just minutes away. A coveted corner lot, a storied address, and a piece of American architectural history — all in one.
Property details
- Beds
- 4
- Baths
- 2.5
- SqFt
- 2,046
- Lot
- —
- Year built
- 1959
- Type
- Single Family
- Days on market
- 272
- Garage
- 2
- Style
- Ranch, Other
- Heating
- Oil, Wood Stove
- Cooling
- Central Air, Heat Pump
- Foundation
- Crawl Space
- Flooring
- Tile, Vinyl, Wood
Features
- Kitchen Island
- Pantry
- Split Bedroom
- Storage
- Walk-In Pantry
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,422/ month
- Principal & interest
- $2,879
- Property tax (~1.05%)
- $406
- Homeowners insurance
- $135
- HOA dues
- —
Down payment
$23,250 down · $441,750 financed
Income to qualify (28% rule)
~$146,673 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.