994 Riceville Road, Asheville NC
- 2 Bed
- 1 Bath
- 1325 ft2
- 0.6 ac
For Sale $445,000
Remarks:
This updated home is gated and has potential to subdivide. Truly turnkey with major improvements including a new roof, windows, plumbing, electrical. In the Riceville Valley, where the mountains cradle the land and the noise of the world fades behind you, this bright classic bungalow sits above a gentle, babbling stream that begins its journey near the Blue Ridge Parkway. Helene caused no damage to this home. Perfectly positioned between downtown Asheville and Black Mountain, and less than three miles from the Parkway itself, you’re tucked into the landscape yet minutes from everything. It’s the rare kind of location that feels hidden but never isolated. And then there’s the freedom of county taxes and zoning. No restrictions from an HOA. Chickens? Yes. Short-term rentals? Allowed. Homesteading dream? Fully possible. With the largest lot in the immediate cluster, this property offers room to breathe and room to grow. City water and sewer are already in place, with the potential to add an ADU or even explore subdivision options (buyer to verify). Classic design layered with modern touches. Curl up by the new free-standing wood stove with your favorite book. Outside, raised garden beds soak up the valley sun. Evenings unfold under a canopy of stars as fireflies spark to life and conversations stretch long past dusk. The fire pit glows. The air cools. Adventure lives at your doorstep. Ride straight up to the Blue Ridge Parkway. Explore nearby trails at Warren Wilson College. Wander into surrounding national forest lands and protected nature preserves. This is a landscape people travel to experience and you get to call it home. Practical improvements add peace of mind: a redone culvert with reinforced rip rap, added electrical amp service in the detached carport for workshop potential or future expansion, and access to a natural spring for fresh mountain drinking water. This home isn’t just a place on a map. It’s where you land.
Exterior Features:
Fire Pit
General Information:
| List Price: | $445,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1325 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4355365 |
| Subdivision: | none |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Creek Front, Level, Creek/Stream |
| Year Built: | 1951 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Charles Bell |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-21-2026 | Listed | $445,000 | $336 |
| 01-14-2026 | Price Decrease | $1,295,000-7.17% | $978 |
| 07-30-2025 | Price Decrease | $1,395,000-1.76% | $1,053 |
| 07-02-2025 | Listed | $1,420,000 | $1,072 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Evergreen Community Charter | 1 miles | KG-06 | 8 |
| Charles C Bell Elementary | 2 miles | KG-05 | 8 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| ArtSpace Charter School | 3 miles | KG-06 | 8 |
| Oakley Elementary | 4 miles | KG-05 | 4 |
| Ira B Jones Elementary | 4 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 |
| 994 Riceville Road, Asheville NC | 0 mi | $445,000 | days | |
| 948 Riceville Road, Asheville NC | 0.1 mi | $299,000 | days | |
| 4 Austin Drive, Asheville NC | 0.2 mi | $464,000 | days | |
| 20 Reed Road, Asheville NC | 0.3 mi | $550,000 | days | |
| 39 Kirkland Drive, Asheville NC | 0.3 mi | $799,000 | days | |
| 401 Lower Grassy Branch Road, Asheville NC | 0.3 mi | $440,000 | 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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Mortgage Calculator
| 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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| Property Insurance |
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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.
Property Listing Information
A Courtesy Listing Provided By RE/MAX Executive
994 Riceville Road, Asheville NC is a 1325 ft2 on a 0.620 acres lot. This is for $445,000. This has 2 bedrooms, 1 baths, and was built in 1951.
Based on information submitted to the MLS GRID as of 2026-05-21 11:41:34 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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