$975,000
$25K PRICE DROP

318 & 324 Old Leicester Hwy Asheville, NC 28806

West Asheville Neighborhood

Estimated payment $5,325/month

Total Views 3,685
5 Beds
4 Baths
3,589 Sq Ft
$272 Price per Sq Ft

Highlights

  • In Ground Pool
  • Solar Power System
  • Screened Porch
  • West Buncombe Elementary School Rated A-
  • Wood Flooring
  • 6 Car Garage

About This Home

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!

Listing Agent

Casey Conner

Nest Realty Asheville Brokerage Email: casey.conner@nestrealty.com License #302100 Listed on: 06/21/2025

Nest Realty Asheville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1959

Lot Details

  • Fenced
  • Additional Parcels

Parking

  • 6 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,589 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Crawl Space

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • Solar Power System
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 9720-62-0761-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1959

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1959
  • Road Surface Type: Asphalt, Paved
  • Geocode Confidence: High
  • Attribution Contact: casey.conner@nestrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Owner Pays: All Utilities
  • Above Grade Finished Sq Ft: 3589
  • Has Basement: Basement Garage Door, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Other - See Remarks
  • Living Area: 3589

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Pool Features: Fenced, In Ground
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Patio, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Driveway, Attached Garage, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, In Garage
  • Cooling: Heat Pump
  • Utilities: Solar
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.3
  • Lot Size Units: Acres
  • Parcel Number: 9720-62-0761-00000
  • Zoning: OU
  • Plat Book Slide: 136/25
  • Plat Reference Section Pages: 136/25
  • Additional Parcels Description: 972052979900000
  • Additional Parcels: Yes
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,573 $241,100 $32,000 $209,100
2023 $1,573 $241,100 $32,000 $209,100
2022 $1,502 $241,100 $0 $0
2021 $1,502 $241,100 $0 $0
2020 $1,321 $197,400 $0 $0
2019 $1,321 $197,400 $0 $0
2018 $1,301 $197,400 $0 $0
2017 $1,301 $166,800 $0 $0
2016 $1,208 $166,800 $0 $0
2015 $1,208 $166,800 $0 $0
2014 $1,174 $166,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $975,000 -0.1% $272 / Sq Ft
08/28/2025 08/28/25 Price Changed $976,000 -0.1% $272 / Sq Ft
08/20/2025 08/20/25 Price Changed $977,000 -0.3% $272 / Sq Ft
08/05/2025 08/05/25 Price Changed $980,000 -2.0% $273 / Sq Ft
06/21/2025 06/21/25 For Sale $1,000,000 -- $279 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,000 Credit Line Revolving
Closed $9,200 Credit Line Revolving
Open $212,500 New Conventional
Closed $55,000 Credit Line Revolving
Closed $175,750 New Conventional
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4272813

Canopy MLS (Canopy Realtor® Association)

APN: 9720-62-0761-00000