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About This Home

This 3-bedroom, 2-bathroom single family at 20 Reed Road in Asheville, NC is listed for $550,000 ($276 per sqft). Built in 1954, the home offers 1,991 sqft of living space on a 2.12 acres lot.

Agent 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.

Key Features

  • Built in 1954
  • 2.12 acre lot
  • Fireplace

Property Details

1 story
2 full
1954

Amenities

Fireplace

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

20 Reed Road

Asheville, NC 28805

Property Details

Flooring

TileVinylCarpet

Construction

Brick Partial Block Wood

Pool Features

Porch

Parking

Driveway

Heating

OilPropane (Heating)

Appliances

DishwasherElectric Water HeaterMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 20 Reed Road is listed at $550,000 ($276/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 2.12 acre lot, Fireplace.

This property is listed by Chuck Johnson and can be reached at 8283388311 or chuckjohnson@kw.com.

CJ

Chuck Johnson

Agent at Keller Williams Elite Realty

(828) 338-8311

Listed by Keller Williams Elite Realty · View on Broker Site

MLS# 4380460· Source: listhub· Updated 19 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

20 Reed Road, Asheville, NC 28805

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