48 Melissa Lane

 
Loading...
Schedule Tour
What is your preferred tour date?
Selected Date:

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search


If You Have Any Other Questions, Call Us At 1(888)-247-3466

Bed: 4
Bath: 4
1/2 Bath: 0
Sq. Ft.: 2,240
Acreage: 2.12

Community: Leicester in Buncombe County

Bed: 4
Bath: 4
1/2 Bath: 0
Sq. Ft.: 2,240
Acreage: 2.12

**RARE OPPORTUNITY IN LEICESTER!** Two well-maintained manufactured homes on approximately 2.2 private, wooded acres, offering exceptional flexibility and income potential. Tucked away on a private dead-end road with level access, this unique property combines privacy and natural beauty with convenient access to Leicester Highway and Asheville. **THE HOMES:** Two manufactured homes, a 1997 and a 1998, each measuring approximately 14' × 80' with approximately 1,100 square feet. Each home offers 2 bedrooms and 2 bathrooms, comfortable interiors, a new heat pump, a 10' × 14' screened porch, and a rear deck. Both homes also feature carports with covered ramp entrances and doggie doors leading to private chain-link fenced dog areas. **THE PROPERTY:** Approximately 2.2 acres of private, wooded land with abundant wildlife and a beautiful year-round spring-fed branch flowing through the property. The high-producing private well reportedly produces approximately 40 gallons per minute. A permitted 1,500-gallon septic system is approved to serve both homes. Two older storage buildings provide additional space for tools, lawn equipment, and storage. **FLEXIBLE POSSIBILITIES:** With two separate homes on one parcel, this property offers a variety of options—live in one home and rent the other, accommodate extended household needs, create a multi-generational living arrangement, or explore rental/investment opportunities. The private setting and fenced pet areas add to the property's appeal. Located just minutes from Leicester Highway and a short drive to Asheville, this is a distinctive opportunity to own two homes on one parcel with dependable water, wooded privacy, natural beauty, and outstanding flexibility. **A property with this combination of features is truly hard to find!**

Presented by:
Rick Sharpe at WEICHERT, Realtors - Unlimited
Listed by:
WEICHERT, Realtors - Unlimited

Attribution: [email protected]
Original Listing Price: 375,000
MLS #: ‍4417154
Listing Status: Active
Days on Market: 23
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2026-09-30 at 11:15AM. 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.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Some IDX listings have been excluded from this website.

Copyright © 2026. All rights reserved.

Map

close
  • Mapbox
  • Google
  • Topo Map

Directions: From Asheville Patton Avenue turn onto US Highway 63 for approximately 8.5 miles and turn right onto Martin Branch Road for 0.3 miles and turn left onto Green Acres Drive and 0.1 slight right onto Melissa Lane and property is at the end of Melissa Lane. GPS is accurate.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

View Directions on Map

Property Features

close
Water: Well
Year Built: 1997
Subdivision: None
Heating/Cooling: Heat Pump
Cooling: Central Air
Garage/Carport: Attached Carport
Sewer: Septic Installed
Basement/Foundation: Other - See Remarks

Mortgage Calculator

close
  • Payment Calculator
  • Qualifying Income
  • How much can I afford?
Purchase Price:
$
Down Payment:
$
Interest Rate:
%
Amortization Period:
Years
Results:
Monthly payment including interest:
$
Estimated Monthly Payment:
$
Annual Salary:
$
Other Annual Income
$
Annual Property Tax:
$
Annual Home Insurance:
$
Monthly Debt Payments:
$
Loan Criteria
Combined Annual Gross Income:
Wages Per Month:
Total Debt:
Results:
PITI using 36% RATE A:
PITI using 28% RATE B:
Monthly Payment Cap (RATE A):
Monthly Payment Cap (RATE B):
RATE A
The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
RATE B
The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
Down Payment:
$
Total Monthly Payment:
$
Length of Loan (years):
Interest Rate (%):
%
Property tax rate (1% = $1000/yr for 100K house):
%
Home Owners Insurance:
$
Mortgage Insurance Premium (generally between $1000 and $5000 per year):
$

By making a down payment of $ and paying $ per month, you will able to afford a home that costs $ . You will need to qualify for a loan of $.

Summary of Your Monthly Payment
Principal and Interest:
Taxes and Insurance:
Mortgage Insurance:

Schools

close
  • High School: Clyde A Erwin
  • Middle School: Clyde A Erwin
  • Elementary School: Leicester/Eblen
All Filters
Filter By Price
No Min
To
No Max