258 New Leicester Highway, Asheville NC
- 4 Bed
- 2 Bath
- 980 ft2
- 0.2 ac
For Sale $289,000
Remarks:
Spacious 4BR/2BA Brick Home (1,960 SF) in a highly convenient area—within walking distance to many businesses and just a few minutes' drive to downtown Asheville. The solid brick and concrete walls, along with newer insulated windows, significantly reduces traffic noise inside. Zoned Commercial Business II (CB2), this property offers exceptional flexibility: it's suitable not only for residential living but also for a wide range of commercial uses, including full-building Airbnb rentals (unlike residential zoning, which often limits or prohibits such use). Commercial properties are much rarer and significantly more valuable than residential ones. An adjoining vacant lot on the left (also zoned CB2) is too steep for its own driveway, but can be bought and combined with #258 to create a large, high-value commercial property—an exceptional investment opportunity that's very hard to find.
General Information:
| List Price: | $289,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 980 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4283085 |
| Subdivision: | None |
| Style: | Traditional |
| Bathrooms: | 2 |
| Lot Description: | Sloped |
| Year Built: | 1961 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-12-2025 | Under Contract | $289,000-3.34% | $295 |
| 08-25-2025 | Listed | $299,000 | $306 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Francine Delany New School for Children | 2 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
| Ira B Jones Elementary | 5 miles | PK-05 | 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.
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 |
| 258 New Leicester Highway, Asheville NC | 0 mi | $289,000 | days | |
| 173 Old County Home Road, Asheville NC | 0 mi | $337,000 | days | |
| 4 Merlin Way, Asheville NC | 0.1 mi | $335,000 | days | |
| 22 King Arthur Place, Asheville NC | 0.1 mi | $422,500 | days | |
| 30 Forest Ridge Drive, Asheville NC | 0.2 mi | $360,000 | days | |
| 36 Forest Ridge Drive, Asheville NC | 0.2 mi | $315,000 | 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 28806
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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 Buncombe Realty
258 New Leicester Highway, Asheville NC is a 980 ft2 on a 0.170 acres lot. This is for $289,000. This has 4 bedrooms, 2 baths, and was built in 1961.
Based on information submitted to the MLS GRID as of 2025-08-25 10:25:12 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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