$550,000

20 Reed Road, Asheville, NC 28805

  • 3 beds |
  • 2 baths |
  • 1,991 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon2.12acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $276/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Beautiful opportunity with incredible potential! This ranch-style home sits on a spacious 2.12 acre property in the highly desirable Riceville area and offers multiple possibilities for personal use, rental income, or future development. Per the zoning department, the property may allow subdivision into up to 3 separate lots, and zoning may allow up to 2 units per lot for a potential total of 6 living structures. Buyer to verify all subdivision, zoning, density, and development possibilities with the appropriate authorities. The main home features 3 bedrooms, 2 baths, and a full-length enclosed rear porch spanning back of the home. All 3 bedrooms have direct access to the enclosed porch, which features glass panels and exterior doors providing access outside. Bedrooms are counted with this ingress/egress configuration leading to the enclosed porch, not directly to the exterior. This could be completed by simply removing one of the doors to the porch. Buyer to verify the ingress/egress they desire for these to be bedrooms. The home offers a comfortable ranch layout with great natural light and plenty of space to make your own. Additionally, on the property is an older, very charming singlewide that could be refurbished into an excellent rental, guest home, or additional living space. Seller states there are 2 septic systems on the property. A park model home located on the property is also available for purchase separately for an additional $65,000, or seller will remove it prior to closing. Conveniently located near shopping, restaurants, and local amenities, this unique property offers a rare combination of current usability, rental potential, and future development opportunity. Buyer to verify all information including zoning, subdivision potential, density allowances, septic systems, square footage, and all permitted uses. New roof in 2024 per the owner.

Listing Status:
Active
Data Last Updated:
June 25, 2026 at 2:16AM
Listing Office:
Keller Williams Elite Realty : 828-552-3776
MLS ID:
4380460
  • Appliances: DishwasherElectric Water HeaterMicrowaveRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetTileVinyl
  • A/C: None
  • Heating: OilPropane
  • Fireplace: Gas LogPropaneFireplace
  • Other Structures: Porch
  • Parking: Driveway
  • Roofing: Flat
  • General: Site BuiltSlab
  • Road/Access: GravelPaved
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: R-19669-77-6816-00000
  • Utilities: Cable AvailableElectricity Connected
  • Water: City
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of Keller Williams Elite Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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