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Street View
$550,000
Monthly Est:$2,738
3 Beds
- 2 Baths
2 full baths
1,991sqft
20 Reed Rd, Asheville, NC 28805
$550,000
$2,738/moEst:
Get Pre-Approved
Single Family Residence
Built in 1954
$-- HOA
2.12 acres lot
$276/sq.ft
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. New roof in 2024 per the owner.
- Houzeo last checked: 5 hours ago
- Listing updated: September 9, 2026 at 7:12 pm
- Listing Provided by: Chuck Johnson (828) 338-8311 | Keller Williams Elite Realty (828) 552-3776
- Source: Canopy MLS | MLS#: 4380460

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
1,991 sqft
Lot Size
2.12 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4380460
MLS Status
Active
Days on Market
148
Cumulative Days on Market
93

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Septic Installed
Flooring
Carpet, Tile, Vinyl
Heating
Oil, Propane
Cooling
None
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator
Construction
Year Built
Year Built: 1954
Home type
Single Family Residence
Roof
Flat
Construction Materials
Brick Partial, Block, Wood
Foundation Details
Slab
Utilities & Energy
Parking Features
Driveway
Fireplace Features
Gas Log, Propane
Laundry Features
Electric Dryer Hookup, Washer Hookup
Water Source
City
Utilities
Cable Available, Electricity Connected
Other Features
Patio And Porch Features
Porch
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: #CAR4380460 | Listed for Sale | $550,000 $276/sqft |
08/14/2026 Source: #CAR4380460 | Contingent (Active Under Contract) | $550,000 $276/sqft |
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Based on information submitted to the MLS GRID from Canopy MLS through Oct 08, 2026, 11:00AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.
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