For Sale $394,000
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.
| 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 |
| Elementary: | Charles C Bell |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
| 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 |
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.
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 |
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 |
* 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 |
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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.
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.
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