Property listing for 318 Old Leicester Hwy, Asheville, NC, 28806
For SaleSingle Family Home

$439,999

318 Old Leicester Hwy, Asheville, NC, 28806

Sprawling Lot, Massive Garage, Pool — Minutes from Downtown Asheville

3 Bed · 2 Bath · 1,524 Sq Ft

3BR/2BA home with 1,088 sqft garage, 16 kW solar, and large gardens

3

Beds

2

Baths

1,524

Sq Ft

1959

Built

0.6+ acres

Lot

1,088 sqft detached/attached garage

Garage

About 318 Old Leicester Hwy, Asheville, NC, 28806

This property announces itself with unexpected scale: set toward the rear of a generous 0.6+ acre parcel, the house yields surprising privacy and outdoor amenities you rarely find minutes from downtown Asheville. The story here begins outside — a fenced, in-ground 27,500-gallon pool recently fitted with a new liner sits behind the home, while a half-acre chained-link front yard creates a safe, separate play or pet area. Raised beds, mature blueberry bushes (16, now in their sixth year), multiple wineberry trellises and compost bins make this a gardener’s delight.

Inside, the main level offers 1,524 square feet of living space with hardwood and tile floors that run through living areas and bedrooms. The kitchen and laundry were recently refreshed with new appliances — refrigerator, range, hood vent, oven, dishwasher, washer and dryer — so day-to-day comfort is immediate. A large screened back porch stretches the living space outdoors and provides a quiet spot to read or entertain while overlooking the pool and planted beds.

Below the main level is an additional 451 square feet of partially finished living space — ideal for a home office, studio, or playroom — plus a roomy two-car garage area that adjoins an extraordinary 1,088-square-foot garage/workshop. Ample storage options include a dedicated laundry/storage room and attic access with a ladder and storage platform. Energy-conscious buyers will appreciate the 16 kW solar system that materially lowers utility costs.

The home balances a rural sensibility with immediate access to city life: shopping, dining, and Downtown Asheville are only minutes away. Outdoor recreation is on the doorstep too — Taylor’s Wave at Craggy Bridge and a nearby greenway (planned to connect RAD to Weaverville) sit less than a mile from the property. Note: showings are available Saturday only. Also available together with the adjacent property at 324 Old Leicester Hwy for buyers seeking compound possibilities.

Home Highlights

27,500-gallon in-ground pool with brand-new linerMassive 1,088 sq ft garage/workshop16 kW solar systemPartially finished lower-level living area (451 sq ft)New kitchen and laundry appliancesExtensive edible landscaping and raised garden bedsLarge screened porch and private lotMinutes to Downtown Asheville; under 1 mile to Taylor’s Wave

Property Features

Interior Features

  • 3 bedrooms, 2 bathrooms
  • 1,524 sq ft main living area
  • Partially finished 451 sq ft lower-level living space
  • Hardwood and tile floors throughout
  • Attic with ladder and storage platform
  • New kitchen and laundry appliances (fridge, range, hood vent, oven, dishwasher, washer, dryer)

Exterior & Lot

  • 0.6+ acre lot with house positioned at back of lot
  • 27,500-gallon fenced, in-ground pool with new liner
  • 1,088 sq ft oversized garage/workshop
  • 0.5 acre chained-link fenced front yard (separate from pool area)
  • Large screened back porch and front patio
  • 6 raised garden beds, 16 established blueberry bushes, 8 wineberry trellises, compost bins

Location & Neighborhood

  • Minutes to Downtown Asheville dining and shopping
  • Less than 1 mile to Taylor’s Wave at Craggy Bridge
  • Near planned greenway linking RAD to Weaverville
  • Quiet street with a semi-rural feel despite city proximity

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Taylor’s Wave at Craggy Bridge (under 1 mile)
  • Greenway access within 1 mile (planned extension to Weaverville)
  • Large private pool on-site
  • Neighborhood green spaces and opportunities for gardening on property
  • Plenty of room for outdoor recreation and vehicle/boat storage

Neighborhood & Location

This parcel sits on Old Leicester Highway where a semi-rural streetscape meets fast access to Asheville’s vibrant core. Residents enjoy easy runs to downtown breweries, farm-to-table restaurants, and the city’s arts district while returning home to a private yard, mature plantings, and a peaceful screened porch. Outdoor enthusiasts will appreciate proximity to Taylor’s Wave at Craggy Bridge and greenway connections, and gardeners will value the established blueberry bushes and raised beds. The neighborhood blends a quieter pace with the convenience of nearby shopping and services.

Market Insights

This listing is priced at $439,999, matching the valuation midpoint of available automated estimates ($439,999) and a calculated price-per-square-foot of approximately $289. That midpoint confidence (0.65) suggests a reasonable alignment with recent comps but also some variability for uniquely equipped parcels like this one — the oversized garage, large lot, pool, and 16 kW solar array add value that generic comps may not capture. In Asheville’s market, homes offering private outdoor amenities and proximity to downtown tend to maintain steady buyer interest even as baseline market velocity moderates. Inventory for properties with sizeable lots and usable outdoor space remains relatively constrained compared with typical urban condos, which can translate to quicker sales for well-priced single-family homes. For investors or owner-occupants, this is an opportunity to acquire a property where both built-in energy savings and strong outdoor appeal support longer-term value. Buyers should weigh the Saturday-only showing restriction when scheduling visits; motivated sellers who price competitively in this segment can still expect meaningful attention from buyers seeking a hybrid urban/rural lifestyle.

Walkability & Recreation

65
Walkability
80
Recreation

Very good outdoor access: under a mile to Taylor’s Wave at Craggy Bridge and a nearby greenway, private on-site pool, extensive gardening areas, and neighborhood green spaces for walking and play.

0

AI Valuation Estimate

Low

$422K

Midpoint

$440K

High

$458K

$289/SF estimated price per square foot

65% confidence

Derived from listing page structured data

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

Market data is based on aggregated public records and may not reflect real-time conditions.

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