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.
Closed
$380,000
23 Old Farm School Rd, Asheville, NC 28805
3beds
1,769sqft
Single Family Residence
Built in 1975
2.12 Acres Lot
$378,200 Zestimate®
$215/sqft
$2,396 Estimated rent
Home value
$378,200
Estimated sales range
Not available
$2,396/mo
Zestimate® history
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List your homeWhat's special
Comfortable one-level livingPeaceful sun-filled settingMature hardwoodsEnhanced privacySpacious roomsUnique architectural characterExpanded natural buffer
Zillow last checked:
Listing updated:
Listing Provided by:
Allison Smith Allison@olivettenc.com,
Olivette Realty LLC
Bought with:
Aaron George
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4362090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
- Laundry: In Basement
Features
- Flooring: Laminate, Linoleum, Parquet
- Basement: Basement Garage Door,Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access
- Fireplace features: Living Room
Interior area
- Total structure area: 1,769
- Total interior livable area: 1,769 sqft
- Finished area above ground: 1,769
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.12 Acres
- Features: Other - See Remarks
Details
- Parcel number: 966859162700000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Full, Stone, Wood
- Foundation: Permanent
- Roof: Composition
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Asheville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $380,000-3.6%$215/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4362090 Report a problem | ||
| 3/27/2026 | Listed for sale | $394,000$223/sqft |
Source: Canopy MLS as distributed by MLS GRID #4362090 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $346,800 |
| 2024 | -- | $346,800 |
| 2023 | -- | $346,800 |
| 2022 | -- | $346,800 |
| 2021 | -- | $346,800 +26.9% |
| 2020 | -- | $273,300 |
| 2019 | -- | $273,300 |
| 2018 | -- | $273,300 +11.2% |
| 2017 | -- | $245,800 |
| 2016 | -- | $245,800 |
| 2015 | -- | $245,800 |
Find assessor info on the county website
Neighborhood: 28805
Nearby schools
GreatSchools rating
- 5/10Charles C Bell ElementaryGrades: PK-5Distance: 0.7 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 3.4 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Charles C Bell
- Middle: AC Reynolds
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$378,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$378,200
- North Carolina
- Buncombe County
- Asheville
- 28805
- 23 Old Farm School Rd
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