$394,000
Community: Asheville in Buncombe County
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Craftsman opportunity with great bones, unique architectural character, and strong upside in the highly desirable Riceville community — just outside city limits for added flexibility, yet only minutes to the VA and Tunnel Road amenities. Set on just over 2 private, wooded acres, this property offers a peaceful, sun-filled setting with mature hardwoods, a creek, and no HOA. Directly adjacent to the Blue Ridge Parkway, the setting creates an expanded natural buffer, enhanced privacy, and immediate access to trails and outdoor recreation — a rare lifestyle opportunity just minutes from town. The home features 3 bedrooms and 2 bathrooms, with comfortable one-level living and spacious rooms, and distinctive architectural details that add warmth and character. A full unfinished basement (~1,769 SF +/-) provides excellent potential for expansion, fitness room, workshop, studio space, or storage. While the home would benefit from updates to the kitchen and bathrooms, it is fully livable as-is — offering flexibility for buyers to renovate over time or execute a full value-add project. Dual access from Old Farm School Road and a potential secondary access from Miller Branch Road add additional versatility for future use or investment. Whether you're an investor, renovator, or buyer looking to build equity in a special setting, the combination of location, land, layout, and proximity to the Parkway makes this a compelling opportunity.
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Directions: From downtown Asheville, take I-240 East to Exit 7 for US-70 East (Tunnel Road). Continue on Tunnel Road for approximately 3.5 miles. Turn left onto Riceville Road and follow for about 2.5 miles. Turn right onto Old Farm School Road. Continue to 23 Old Farm School Road, which will be on your right.
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