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20 Reed Road
$550,000
Asheville, NC, 28805
singlefamily
3
2
Lot Size: 2.12 Acres
MLS #CAR4380460 image #0
ABOUT

Property Information

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.
SPECIFICS

Property Details

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Price:
$550,000
MLS #:
CAR4380460
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 13, 2026
Finished Sq Ft:
1,991
Lot Size:
92,347 sqft / 2.12 acres (approx)
Year Built:
1954
Charles C BellAc ReynoldsAc Reynolds
AMENITIES

Interior

Above Grade Finished Area
1991
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Carpet, Tile, Vinyl
Heating
Oil, Propane
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
One
AMENITIES

Exterior

Construction Materials
Brick Partial, Block, Wood
Parking Features
Driveway
Patio And Porch Features
Porch
Roof
Flat
NEIGHBORHOOD

Schools

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

Financial

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