23 Old Farm School Road, Asheville NC

  • 3 Bed
  • 2 Bath
  • 1769 ft2
  • 2.1 ac

For Sale $394,000

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Remarks:

Craftsman opportunity with great bones, unique architectural character, and strong upside in the highly desirable Riceville community — just outside city limits for added flexibility, yet only minutes to the VA and Tunnel Road amenities. Set on just over 2 private, wooded acres, this property offers a peaceful, sun-filled setting with mature hardwoods, a creek, and no HOA. Directly adjacent to the Blue Ridge Parkway, the setting creates an expanded natural buffer, enhanced privacy, and immediate access to trails and outdoor recreation — a rare lifestyle opportunity just minutes from town. The home features 3 bedrooms and 2 bathrooms, with comfortable one-level living and spacious rooms, and distinctive architectural details that add warmth and character. A full unfinished basement (~1,769 SF +/-) provides excellent potential for expansion, fitness room, workshop, studio space, or storage. While the home would benefit from updates to the kitchen and bathrooms, it is fully livable as-is — offering flexibility for buyers to renovate over time or execute a full value-add project. Dual access from Old Farm School Road and a potential secondary access from Miller Branch Road add additional versatility for future use or investment. Whether you're an investor, renovator, or buyer looking to build equity in a special setting, the combination of location, land, layout, and proximity to the Parkway makes this a compelling opportunity.

General Information:

List Price: $394,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1769 sqft
Parking: Driveway
MLS Number: CAR4362090
Subdivision: None
Style: Ranch
Bathrooms: 2
Lot Description: Other - See Remarks
Year Built: 1975
Sewer Type: Public Sewer

Assigned Schools:

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

Price & Sales History

Date Event Price $/SQFT
03-31-2026 Listed $189,900 $108
07-31-2025 Price Decrease $209,000-8.73% $119
05-27-2025 Listed $229,000 $130

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Charles C Bell Elementary 1 miles KG-05 8
Evergreen Community Charter 1 miles KG-06 8
Haw Creek Elementary 1 miles KG-05 7
Oakley Elementary 3 miles KG-05 4
ArtSpace Charter School 3 miles KG-06 8
Claxton Elementary 4 miles KG-05 6

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
23 Old Farm School Road, Asheville NC 0 mi $394,000 days
23 Clear Vista Drive, Asheville NC 0.5 mi $1,099,000 days
21 Craig Circle, Asheville NC 0.6 mi $569,000 days
24 Browndale Road, Asheville NC 0.7 mi $535,000 days
101 McFalls Road, Asheville NC 0.8 mi $650,000 days
11 Pinewood Road, Asheville NC 0.8 mi $289,900 days
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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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28805

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By Olivette Realty LLC

    23 Old Farm School Road, Asheville NC is a 1769 ft2 on a 2.120 acres lot. This is for $394,000. This has 3 bedrooms, 2 baths, and was built in 1975.

    Based on information submitted to the MLS GRID as of 2026-04-30 11:51:49 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.