581 Old Leicester Hwy Asheville, NC 28806
West Asheville NeighborhoodEstimated payment $3,480/month
3
Beds
2
Baths
1,888
Sq Ft
0.71
Acres
Highlights
- Open Floorplan
- Ranch Style House
- Covered Patio or Porch
- West Buncombe Elementary Rated A-
- Wood Flooring
- 2 Car Attached Garage
About This Home
Welcome to 581 Old Leicester Highway, a completely renovated home that combines modern upgrades, a rare level yard, and unmatched expansion potential — all just 15 minutes from downtown Asheville.
Inside, you’ll find a bright open floor plan with hardwood floors flowing through the main living areas. The kitchen is truly the centerpiece of the home, featuring granite countertops, stainless steel appliances, and a massive center island that makes cooking, entertaining, and gathering effortless. An extended walk-in pantry offers incredible storage space, and the laundry has been moved upstairs for convenience.
Every detail has been refreshed — engineered flooring in all bedrooms and the bonus room, freshly painted doors and trim, stylish new shutters and trim all freshly painted as well. Custom barn door that adds charm and character, ideal space for a coffee bar next to the wood burning fireplace. The hall bathroom has been fully remodeled with modern finishes, and the HVAC system has been serviced and cleaned. For peace of mind, a brand-new roof and gutters will be installed prior to closing.
This home offers three bedrooms, two full baths, and a bonus room on the main level, with almost 1,900 square feet of living space. But the value doesn’t end there. Downstairs, the full unfinished basement provides nearly 1,600 square feet of opportunity. With existing laundry connections. The space is perfectly suited for an in-law suite, guest apartment, or income-producing rental. Investors will appreciate the ability to add finished square footage and significantly increase value, while homeowners will love the flexibility for recreation, storage, or a workshop.
Outdoor living is equally impressive. The sellers invested $15,000 to fully fence the backyard, creating a secure and private space for pets, play, and gatherings. The property sits on a rare, large level lot — a true gem in the mountains — offering room for gardening, entertaining, or simply enjoying the outdoors.
Additional features include a tankless water heater, attached garage, and paved driveway. With its combination of thoughtful renovations, major system updates, flexible layout, and rare lot, this property is ready for its next chapter. Whether you’re looking for a move-in ready primary home, a multigenerational living setup, or an investment with income potential, 581 Old Leicester Highway delivers it all.
Listing Agent
Epique Inc. Brokerage Email: Lauradahl@epique.me License #325965 Listed on: 09/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,593
Year Built
- Built in 1964
Lot Details
- Privacy Fence
- Back Yard Fenced
- Level Lot
- Property is zoned OU
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Ranch Style House
- Four Sided Brick Exterior Elevation
Interior Spaces
- Open Floorplan
- Wood Burning Fireplace
- Insulated Windows
- Living Room with Fireplace
- Unfinished Basement
- Walk-Up Access
- Home Security System
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Outdoor Features
- Covered Patio or Porch
- Shed
Schools
- West Buncombe/Eblen Elementary School
- Clyde A Erwin Middle School
- Clyde A Erwin High School
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Oil
- Tankless Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9720-15-8778-00000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $2,593 | $269,200 | $36,700 | $232,500 |
| 2022 | $1,677 | $269,200 | $0 | $0 |
| 2021 | $1,677 | $269,200 | $0 | $0 |
| 2020 | $1,561 | $233,400 | $0 | $0 |
| 2019 | $1,561 | $233,400 | $0 | $0 |
| 2018 | $1,538 | $233,400 | $0 | $0 |
| 2017 | $1,538 | $198,000 | $0 | $0 |
| 2016 | $1,434 | $198,000 | $0 | $0 |
| 2015 | $1,434 | $198,000 | $0 | $0 |
| 2014 | $1,394 | $198,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $495,000 | +5.3% | $262 / Sq Ft |
| 07/23/2023 07/23/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | For Sale | $470,000 | -- | $249 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $990 | None Listed On Document | |
| Warranty Deed | $215,000 | None Available | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $287,000 | New Conventional | |
| Previous Owner | $215,000 | New Conventional |
Source: Public Records
Similar Homes in Asheville, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4295164
APN: 9720-15-8778-00000
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