(864) 362-2375
20 Reed Road
$550,000

20 Reed Road, Asheville, NC 28805

3Beds
2Baths
1,991SQFT
1954YearYear Built

About This Home

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.

Location

Key Facts

Status: Active
Type: Residential
Neighborhood: None
HOA Fees: $0
MLS: Canopy
MLS #: 4380460

Features

Single Family Residence
Dishwasher
Electric Water Heater
Microwave
Refrigerator

Mortgage Calculator

$2,781Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $550,000
Status: Active — For Sale
Days on market: 93
Last updated: Sep 9, 2026

Schools

Loading assigned schools…

Listing courtesy of Keller Williams Elite Realty
Source MLS #: 4380460
Last updated: Sep 9, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.