+40 more
/ 45
+35
$550,000
3 bd
2 ba
1,991 sqft
20 Reed Road
Asheville, NC 28805
5 days on market
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
Contact Jonathan Jackson About This Property
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