$410,000
3 Bed · 2 Bath · 1,344 Sq Ft
New‑construction quality, oversized lot, short drive to Asheville
3
Beds
2
Baths
1,344
Sq Ft
2023
Built
0.93 acres
Lot
The moment you pull onto Ruff Road the generous 0.93‑acre setting becomes the story: a one‑level Arts & Crafts home finished in 2023 with a covered front porch and a wraparound deck that turns the yard into an extension of the living room. The mostly‑level lot provides space for gardens, play, and privacy between neighbors while keeping the property easy to maintain.
Inside, an open plan centers on an island kitchen with granite countertops and sightlines to the living area where a gas‑log fireplace with a brick surround anchors everyday gatherings. Thoughtful finishes — durable vinyl siding outside, central air and a heat pump — make this modern build feel settled and practical. The single‑story layout places three bedrooms and two full baths within easy reach, all within 1,344 square feet set for efficient living.
Function meets rural convenience here: the home is on well water and a private septic system, utilities served by Duke Energy, and parking provided by a shared driveway. With no attached garage, the long lot still delivers outdoor flexibility — room for future storage or a detached structure (verify permitting). Annual taxes are modest per current assessed values, and the original new‑construction sale in October 2023 signals most near‑term maintenance is already behind the next owner.
Lifestyle and location combine: Leicester Elementary is under a mile away (approximately 0.4 mile), and downtown Asheville is an easy 12‑mile drive when you need city restaurants, arts, and employment. For buyers seeking a peaceful residential/agricultural mix with modern amenities, this Arts & Crafts home balances country calm and regional access. Note: shared driveway maintenance and school ratings are items to review during due diligence.
Leicester offers a relaxed, semi‑rural character where residential lots sit alongside agricultural parcels and small community amenities. Families appreciate quick access to Leicester Elementary and a short commute into Asheville for dining, arts, and services. The neighborhood favors outdoor lifestyles — fields, country roads, and nearby regional trail systems invite weekend exploration while local roads remain quiet for everyday living. Expect a blend of new construction and established homes, modest traffic, and a community feel rather than urban bustle.
Leicester is currently tipping toward a buyer’s market: inventory sits higher than in nearby Asheville and homes in the area average roughly 127 days on market, with about 3.5 months of inventory. Median sale prices in the broader area are reported near $475,000, but recent comparable new‑construction closings within a half‑mile of Ruff Road cluster in the $400K–$420K range — supporting a local price per square foot near $300–$325 and a valuation midpoint of about $410,000 for this 1,344 SF Arts & Crafts home. Newer single‑family construction like this one tends to attract buyers who value low‑maintenance systems and large lots, but sellers should expect negotiated offers and longer marketing timelines compared with tighter urban submarkets. For investor buyers, rental demand from the Asheville market supports estimated monthly rents near $2,200 (gross yield ~6.4%), while owner‑occupants can capitalize on recent steady, if modest, appreciation. In short: motivated buyers can find negotiating leverage; sellers should price competitively and highlight the home’s turnkey condition and oversized lot.
Leicester Elementary
Elementary · 0.4 mi
Clyde A Erwin Middle School
Middle · 5.3 mi
Clyde A Erwin High School
High · 5.2 mi
Strong access to outdoor recreation with local green spaces and a short drive to the greater Asheville trail network for hiking, biking, and scenic drives; neighborhood roads and nearby fields support casual walking and biking.
Newly constructed Arts and Crafts home in a growing community with modern amenities and a large lot. Suitable for families seeking a peaceful environment with proximity to Asheville. Market conditions suggest a buyer's market, offering negotiation opportunities.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$400K
Midpoint
$410K
High
$420K
$305/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size and construction year. Assessed value of $228,900 appears below market.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Leicester area has seen steady growth with increasing demand for new construction homes. Walkability Rating estimate: 30/100.
Located in a serene residential area with proximity to local schools and agricultural land. Approximately 12 miles to downtown Asheville.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$283/SF
New construction sale
$67/SF
Land purchase prior to construction
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