1 of 47

This home will be available soon!

318 & 324 Old Leicester Highway

Asheville, NC 28806

5 beds
– baths
3,589 sqft
~1 acre lot
$278 per sqft
1959 build
– on site

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 courtesy of Canopy MLS / Nest Realty Asheville

Last checked: Checking… • Last updated Jun 19, 2025 •

MLS# 4272813 —

The Building

Year Built:

1959
New Construction:

false
Construction Type:

Site Built
Subtype:

Portfolio
Construction Materials:

Brick Full
# of Units Total:

2
Foundation Details:

Basement, Crawl Space
Basement:

Basement Garage Door, Exterior Entry, Interior Entry
Basement:

true
Patio And Porch Features:

Covered, Patio, Rear Porch, Screened
Building Area Total:

3589
Above Grade Finished Area:

3589

Interior

Flooring:

Tile, Wood
Living Area:

3589
Fireplace:

true
Fireplace Features:

Living Room, Other - See Remarks

Location

Latitude:

35.62724525
Longitude:

-82.61473046

The Property

Type:

Residential Income
Lot Size Area:

1.3
Lot Size Units:

Acres
Zoning Specification:

OU
Zoning:

OU
Exterior Features:

Other - See Remarks
Additional Parcels Description:

972052979900000
Fencing:

Fenced
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Asphalt, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

9720-62-0761-00000
Tax Assessed Value:

999999

Beds

Bedrooms Total:

5

Baths

Full Baths:

4

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Heat Pump
Cooling:

Heat Pump

Utilities

Utilities:

Solar
Sewer:

Septic Installed
Water Source:

City

Appliances

Appliances:

Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
Laundry Features:

In Basement, In Garage

Schools

Elementary School:

Leicester/Eblen
Middle School:

Clyde A Erwin
High School:

Clyde A Erwin

The Community

Subdivision Name:

None
HOA Subject To:

None
Pool Features:

Fenced, In Ground
Senior Community:

false
Pets Allowed:

Yes

Parking

Parking Features:

Basement, Driveway, Attached Garage, Detached Garage
Garage:

true
Garage Spaces:

6
Main Level Garage:

Yes
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Coming Soon	CMLS	$1,000,000

Multifamily

$1,000,000

Listing provided by broker:

Casey Conner

Nest Realty Asheville

casey.conner@nestrealty.com

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Newest listings in 28806

This multifamily is located in NC 28806. 318 & 324 Old Leicester Highway is a 3,589 square foot multifamily with 5 beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Eblen Intermediate School, Clyde A. Erwin High School, West Buncombe Elementary School, and Clyde A. Erwin Middle School.

Based on information submitted to the MLS GRID as of 6/19/2025 1:11 pm. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.