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20 Reed Road , Asheville, NC 28805

$550,000
  • 20 Reed Road , Asheville, NC 28805 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,991 MLS#4380460
STATUSActive PROPERTY TYPEResidential - Single Family

Property 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.

20 Reed Road | MLS# 4380460

This single family home located at 20 Reed Road , Asheville, NC 28805 is currently listed for sale with an asking price of $550,000. This property was built in 1954 and has 3 bedrooms and 2 full baths with 1991 sq. ft. Search Asheville real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Heating: Oil, Propane
Lot Size: 2.12 Acres
Roof Type: Flat
Year Built: 1954

Feature Descriptions

Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
Exterior: Brick Partial, Block, Wood
Fireplace: Gas Log, Propane
Flooring: Carpet, Tile, Vinyl
Foundation: Slab
Laundry: Electric Dryer Hookup, Washer Hookup
Other Equipment: Fuel Tank - Owned
Parcel#: 9669-77-6816-00000
Parking: Driveway
Patio/Porch: Porch
Sewer: Septic Installed
Utilities: Cable Available, Electricity Connected
Water: City

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Keller Williams Elite Realty
Agency Contact: chuckjohnson@kw.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 3,087.75 per month $2,927.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $160.42 Homeowner's Insurance

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