318 & 324 Old Leicester Highway, Asheville NC
- 5 Bed
- 1.3 ac
For Sale $960,000
Remarks:
Two brick rancher homes on a combined 1.3 acre tract, offering an ideal situation for generational living or as an investment opportunity. Ideal for numerous residents or entertaining, they have a combined living space of 3589 sqft and the home at 318 has a partially finished 451 sq ft basement plus expansive garage area. Both are situated on the back 1.3 acres of combined land (0.6+/- acres each), offering plenty of privacy from the road. In-ground pool with new liner at 318 and tons of great outdoor living spaces at each home. Solar set up at 318. There are a total of three two-car garages and ample parking in the driveways. 12 minutes to Downtown Asheville, yet offering a rural vibe. Also less than a mile to Taylor’s Wave at Craggy Bridge, Saunas, and the greenway that will stretch from RAD to Weaverville. Be sure to check out the virtual tour, video and virtual floor plans!
Exterior Features:
Other - See Remarks
General Information:
| List Price: | $960,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Portfolio |
| Parking: | Basement, Driveway, Attached Garage, Detached Garage |
| MLS Number: | CAR4272813 |
| Subdivision: | None |
| Year Built: | 1959 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Leicester/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-21-2025 | Price Decrease | $960,000-2.04% | N/A |
| 08-20-2025 | Price Decrease | $980,000-2.00% | N/A |
| 07-11-2025 | Listed | $1,000,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Ira B Jones Elementary | 4 miles | PK-05 | 8 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
| 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 |
| 318 & 324 Old Leicester Highway, Asheville NC | 0 mi | $960,000 | days | |
| 318 Old Leicester Highway, Asheville NC | 0 mi | $496,000 | days | |
| 324 Old Leicester Highway, Asheville NC | 0 mi | $494,000 | days | |
| 55 Willow Brook Drive, Asheville NC | 0.2 mi | $890,000 | days | |
| 262 Erwin Hills Road, Asheville NC | 0.2 mi | $509,000 | days | |
| 159 Willow Brook Drive, Asheville NC | 0.2 mi | $707,500 | 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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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 Nest Realty Asheville
318 & 324 Old Leicester Highway, Asheville NC is a ft2 on a 1.300 acres Appraisal lot. This is for $960,000. This has 5 bedrooms, baths, and was built in 1959.
Based on information submitted to the MLS GRID as of 2025-07-11 10:25:09 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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