140 Old Leicester Road, Asheville NC
- 3 Bed
- 2 Bath
- 1529 ft2
- 1.9 ac
For Sale $185,000
Remarks:
Income-Generating Potential Near Asheville! This property offers a rare opportunity for investors with two separate dwellings: a 1940s bungalow and a single-wide mobile home, both ripe for renovation and poised to generate excellent rental income. Situated on a picturesque 1.88-acre parcel graced by a beautiful creek, this serene setting is conveniently located just 5.6 miles (12 minutes) from downtown Asheville and close to Weaverville and Leicester. The bungalow provides a good-sized bedroom, living room, dining room, kitchen, and one full bath. The mobile home features a living room, an eat-in kitchen, two bedrooms, one full bath, and a charming screened front porch. Don't miss out on this chance to secure a valuable investment in a prime location with dual rental possibilities!
Exterior Features:
Storage
General Information:
| List Price: | $185,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1529 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4258091 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Creek Front, Level, Rolling Slope, Views |
| Year Built: | 1940 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 3 miles | PK-05 | 8 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 140 Old Leicester Road, Asheville NC | 0 mi | $185,000 | days | |
| 171 Olivette Road, Asheville NC | 0.1 mi | $335,000 | days | |
| 44 Old Leicester Highway, Asheville NC | 0.3 mi | $160,000 | days | |
| 24 Old Leicester Highway, Asheville NC | 0.3 mi | $625,000 | days | |
| 318 & 324 Old Leicester Highway, Asheville NC | 0.4 mi | $980,000 | days | |
| 318 Old Leicester Highway, Asheville NC | 0.4 mi | $500,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28804
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Allen Tate/Beverly-Hanks Waynesville
140 Old Leicester Road, Asheville NC is a 1529 ft2 on a 1.880 acres lot. This is for $185,000. This has 3 bedrooms, 2 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2025-06-15 11:46:06 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. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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