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.
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
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 InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
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.