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.
Single-familyProperty Type
1954Year Built
2.12 acresLot Size
$276Price/Sq.Ft.
Listed by Chuck Johnson• Keller Williams Elite Realty
Riceville, located between Swannanoa and East Asheville, is a semi-rural and residential Asheville neighborhood with wooded ridgelines and winding two-lane roads. The neighborhood’s character concentrates around the Riceville Road corridor near the Warren Wilson College entrance, where trailheads, small studios, and low-key local stops set a quiet, outdoors-forward rhythm. Warren Wilson College anchors the area with its working campus and arts programming, while the Folk Art Center on the Blue Ridge Parkway adds a gallery-and-craft landmark close by. Homes range from older farmhouses and cabins to newer builds tucked into trees, with long driveways and mountain views. The landscape leans creek-and-hollow, with quick transitions from backroads to Parkway overlooks. Daily life reads as porch lights, garden plots, and trail time rather than a dense main street.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Nine total rooms
Gas log fireplace (propane)
Bedrooms
Three bedrooms on the main level
Bathrooms
Two full bathrooms on the main level
Kitchen
Dishwasher
Microwave
Refrigerator
Electric water heater
Laundry & utility
Washer hookup
Electric dryer hookup
Flooring
Carpet
Tile
Vinyl
Heating & cooling
Oil heating
Propane heating
No central cooling
Exterior features
Porch
Gravel and paved road access
Private maintained road
Home design
Single-family residential
One level
Parking
Driveway
Construction
Site-built construction
Partial brick, block and wood exterior
Flat roof
Slab foundation
Built on approximately 2.12-acre lot
Utilities
City water
Septic installed
Cable available
Electricity connected
HOA & community
No HOA
Electricity and solar
View estimated energy costs and solar savings for this home
The R-1 Residential District is primarily intended to provide locations for single-family and two-family residential development and supporting recreational, community service, and educational uses in areas where public water and sewer services are available or will likely be provided in the future. This district is further intended to protect existing subdivisions from encroachment of incompatible land uses, and this district does not allow manufactured home parks.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use building
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
8 days above 97° expected this year, 22 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Asheville, NC • 28805
Average low and high temperatures (°F)
43
26
53
33
65
42
72
51
72
54
81
63
84
67
79
64
74
59
68
48
60
42
50
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 20 Reed Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $434,000 and $675,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $434K to $675K.