Property Details
20 Reed Road
Asheville
$550,000
MLS Number: 4380460
Status: Active
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.
Location |
|
|---|---|
| Address | 20 Reed Road Asheville |
| Subdivision | None |
| County | Buncombe |
Overview |
|
| Bedrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Square Feet | 1991 sqft |
| Lot Size | 2.12 acres |
| Year Built | 1954 |
General |
|
| List Price | $550,000 |
| MLS Number | 4380460 |
| Status | Active |
| Office | Keller Williams Elite Realty |
Schools |
|
| Elementary | Charles C Bell |
| Middle | AC Reynolds |
| High | AC Reynolds |
Features |
|
| Type | Single Family Residence |
| Parking | Driveway |
| Water/Sewer | City |
| Floor Coverings | Carpet, Tile, Vinyl |
Listings courtesy of Canopy MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/14/26 4:34 am EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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