140 Old Leicester Rd

2,194 Sq. Ft.
$84 / Sq. Ft.
2,194
Sq. Ft.
$84
per Sq. Ft.

Description

Income-Generating Potential Near Asheville! This property offers a rare opportunity for investors with two separate dwellings: a 1940s bungalow and a single-wide mobile home, both ripe for renovation and poised to generate excellent rental income. Situated on a picturesque 1.88-acre parcel graced by a beautiful creek, this serene setting is conveniently located just 5.6 miles (12 minutes) from downtown Asheville and close to Weaverville and Leicester. The bungalow provides a good-sized bedroom, living...Income-Generating Potential Near Asheville! This property offers a rare opportunity for investors with two separate dwellings: a 1940s bungalow and a single-wide mobile home, both ripe for renovation and poised to generate excellent rental income. Situated on a picturesque 1.88-acre parcel graced by a beautiful creek, this serene setting is conveniently located just 5.6 miles (12 minutes) from downtown Asheville and close to Weaverville and Leicester. The bungalow provides a good-sized bedroom, living room, dining room, kitchen, and one full bath. The mobile home features a living room, an eat-in kitchen, two bedrooms, one full bath, and a charming screened front porch. Don't miss out on this chance to secure a valuable investment in a prime location with dual rental possibilities!
  1. Listed by Linda Reynolds • Unique: A Real Estate Collective • lindar@uniquecollective.us

Property Details for 140 Old Leicester Road

Parking Features
Driveway
Subdivision Name
None
LISTING UPDATED: 02/13/2026 05:02 AM

Property Details for 140 Old Leicester Road

StatusActive
MLS #4345168
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size1.88 AC / 81,892 SF
CountyBuncombe County

Location

Listing Courtesy of Unique: A Real Estate Collective
Add your commute

Building Information for 140 Old Leicester Road

Stories-Year Built1920Building Size-Lot Size1.88 AC / 81,892 SF

Payment Calculator

$1,025 per month

30 year fixed, 6.15% Interest

Principal and Interest

$902

Property Taxes

$123

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Old Leicester Road

Summary
Location and General Information
  • Longitude: -82.609232
  • Latitude: 35.629664
  • Directions: From US 19 North toward Weaverville take exit 25 towards UNCA. Turn left onto Broadway Street. Turn left on Old Leicester Highway. Slight right turn on Old Leicester Road. Property will be on your left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $140,100.00
  • Parcel Number: 9720-73-7576-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 1529.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1529
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Second Living Quarters HLA: 665.0
  • Sq Ft Total Property HLA: 2194.0
  • Lot Features: Level, Rolling Slope, Creek/Stream
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 31
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Manufactured, Site Built
  • Assumable: No
  • Additional Parcels Description: 9720735636
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal, Wood
  • Pool Private YN: No
  • Road Surface Type: Gravel, Paved
  • Roof: Composition, Metal
  • Other Structures: Outbuilding
Interior Features
  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Levels: One
  • Other Equipment: Fuel Tank - Owned
  • Cooling: None
  • Heating: Floor Furnace
  • Laundry Features: In Hall
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplace YN: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Bedroom Main: 3
  • Bedroom Second LQ: 2
  • Full Bath Main: 2
  • Full Bath Second LQ: 1
  • Half Bath Main: 0
  • Second Living Quarters: Other - See Remarks
Room Information
Room Information
  • Room Count: 1.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main

Property History for 140 Old Leicester Road

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Listed (Active)

CANOPY #4345168

$185,000—
Aug 5, 2025

Expired

CANOPY #4258091

$185,000—
Aug 5, 2025

Temporarily Off Market

CANOPY #4258091

$185,000—
May 23, 2025

Under Contract-Show

CANOPY #4258091

—
May 13, 2025

Listed (Active)

CANOPY #4258091

$185,000—
DateEvent & SourcePrice
02/12/2026

Listed (Active)

CANOPY #4345168

$185,000
08/05/2025

Expired

CANOPY #4258091

$185,000
08/05/2025

Temporarily Off Market

CANOPY #4258091

$185,000
05/23/2025

Under Contract-Show

CANOPY #4258091

—
05/13/2025

Listed (Active)

CANOPY #4258091

$185,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 140 Old Leicester Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,473 ($123 / month)
Home Facts
Baths1Total Finished SqFt854 SqFtAbove Grade Finished SqFt854 SqFtStories1Lot Size68,389 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920ZoningDEED DATE: 07CountyBUNCOMBEAPN9720-73-7576-00000

Schools near 140 Old Leicester Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
West Buncombe Elementary
PublicK to 4

Eblen Intermediate School
Public5 to 6

Clyde A Erwin Middle School
Public7 to 8

Clyde A Erwin High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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140 Old Leicester Road is a single family home for sale in Asheville, NC 28804. This property was listed for sale on February 12, 2026 by Unique: A Real Estate Collective, it's currently listed at $185,000. This listing's school district is Buncombe County Schools. Nearby schools include West Buncombe Elementary, Eblen Intermediate School and Clyde A Erwin Middle School. 140 Old Leicester Road is a 5-bed, 3-bath, 2,194 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Unique: A Real Estate Collective

Based on information submitted to the MLS GRID as of 02/13/2026 05:02 AM. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.