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  • $550,000

    20 Reed Rd, Asheville, NC 28805

    3beds
    1,991sqft
    : 
    Single Family Residence
    Built in 1954
    2.12 Acres Lot
    $-- Zestimate®
    $276/sqft
    $-- HOA

    What's special

    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.
    4 days
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    424
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    34
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    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Chuck Johnson chuckjohnson@kw.com,

    Keller Williams Elite Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4380460MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Dining area
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Oil, Propane
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Carpet, Tile, Vinyl
      • Has basement: No
      • Fireplace features: Gas Log, Propane
      Interior area
      • Total structure area: 1,991
      • Total interior livable area: 1,991 sqft
      • Finished area above ground: 1,991
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      Lot
      • Size: 2.12 Acres
      Details
      • Parcel number: 966977681600000
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Partial, Block, Wood
      • Foundation: Slab
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: City
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Asheville

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $270,000
      • Annual tax amount: $1,223
      • Date on market: 5/13/2026
      • Cumulative days on market: 5 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Gravel, Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/14/2026Listed for sale$550,000$276/sqft
        Source: Canopy MLS as distributed by MLS GRID #4380460 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,223 +4.2%$270,000
        2024$1,173 +3%$270,000
        2023$1,140 +4.7%$270,000
        2022$1,088 -5%$270,000
        2021$1,146 +2.6%$270,000 +10%
        2020$1,116 $245,500
        2019$1,116 -29.9%$245,500
        2018$1,593 -0.1%$245,500 +11.5%
        2017$1,595 +97.6%$220,100
        2016$807 $220,100
        2015-- $220,100
        2014$1,595 $220,100
        2013-- $220,100 -22.1%
        2012-- $282,400
        2011-- $282,400
        2007-- $282,400
        2006-- $282,400 +42.4%
        2005-- $198,300 -0.9%
        2004-- $200,100
        2003-- $200,100
        2002-- $200,100 +50.5%
        2000-- $133,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 28805

          Getting around

          0 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Charles C Bell
          • Middle: AC Reynolds
          • High: AC Reynolds

          Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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