20 Reed Road
$550,000
3 bd 2 ba 1,991 sqft
20 Reed Road
Asheville, NC 28805
Property Type
Residential
Year Built
1954
Lot Size
2.12 acres
Garage

About This Property

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.

Property Details

Interior

Bedrooms
3
Bathrooms
2
Living Area
1,991 sqft
Fireplace
Yes

Exterior & Lot

Lot Size
2.12 acres
Year Built
1954

Location

Subdivision
None
County
Buncombe
ZIP Code
28805

Financial

Listing Terms
Cash, Conventional, FHA, USDA Loan, VA Loan

Utilities

Utilities
Cable Available, Electricity Connected
Sewer
Septic Installed

Schools

Elementary
Charles C Bell
Middle School
AC Reynolds
High School
AC Reynolds

Appliances

Dishwasher, Electric Water Heater, Microwave, Refrigerator

Heating

Oil, Propane

Cooling

None

Patio & Porch Features

Porch

Location

Listing Information

MLS #
CAR4380460
Listing Agent
Chuck Johnson
Listing Office
Keller Williams Elite Realty
Listed Date
May 15, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

Contact Jonathan Jackson About This Property

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