For Sale $850,000
First time ever on the market, this solid 3BR/2BA rancher offers a rare opportunity to own nearly 3 gently sloping acres in a peaceful setting just outside the Asheville city limits. Formerly used as a hay pasture for horses and adjacent to a quiet horse farm, the property combines open usable land with a convenient location less than 2 miles from the Blue Ridge Parkway and under 10 minutes to downtown Asheville. Updated in 2019, the home features comfortable one-level living, a metal roof, spacious basement, and an oversized detached two-car garage with ample room for storage, workshop space, or hobby use. The property has also proven to be a successful long-term rental, offering flexibility for primary residence, investment, or multigenerational living. With expansive usable acreage and favorable topography, the land presents a variety of possibilities for future expansion, gardens, hobby farming, or potential subdivision opportunities subject to county approval. A unique combination of convenience, versatility, and peaceful surroundings in one of Western North Carolina’s most desirable areas.
| List Price: | $850,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1232 sqft |
| Parking: | Basement, Driveway, Detached Garage |
| MLS Number: | CAR4387192 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Open Lot, Pasture |
| Year Built: | 1959 |
| Sewer Type: | Septic Installed |
| Elementary: | Oakley |
| Middle: | Unspecified |
| High: | AC Reynolds |
| Date | Event | Price | $/SQFT |
| 10-20-2026 | Listed | $850,000 | $690 |
| 01-31-2026 | Listed | $271,490 | $221 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 2 miles | KG-05 | 4 |
| Charles C Bell Elementary | 3 miles | KG-05 | 8 |
| Haw Creek Elementary | 4 miles | KG-05 | 7 |
| Fairview Elementary | 4 miles | KG-05 | 7 |
| Evergreen Community Charter | 4 miles | KG-06 | 8 |
| ArtSpace Charter School | 5 miles | KG-06 | 8 |
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.
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 |
| 20 Cedar Farm Road, Asheville NC | 0 mi | $850,000 | days | |
| 35 Cedar Farm Road, Asheville NC | 0.1 mi | $389,900 | days | |
| 474 Rose Hill Road, Asheville NC | 0.2 mi | $290,500 | days | |
| 490 Rose Hill Road, Asheville NC | 0.2 mi | $295,000 | days | |
| 29 Reynolda Drive, Asheville NC | 0.4 mi | $499,000 | days | |
| 52 Reynolda Drive, Asheville NC | 0.5 mi | $649,900 | days |
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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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.
A Courtesy Listing Provided By Keller Williams Professionals
20 Cedar Farm Road, Asheville NC is a 1232 ft2 on a 3.300 acres lot. This is for $850,000. This has 3 bedrooms, 2 baths, and was built in 1959.
Based on information submitted to the MLS GRID as of 2026-10-20 17:00:16 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.
Click here for more information
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.