Date
Details
Price
Change
Source
2/12/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$185,000 Just Listed
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1/31
Property 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 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!
Full Property Details
Full Property Details for 140 Old Leicester Rd
General
- Price: $185,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4345168
- Updated: 2/14/2026
- Added to Site: 6 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning Stove, Living Room, Wood Burning Stove
- Appliances: Electric Range, Refrigerator, Washer/Dryer
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper 2 - Full Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Hall
Additional Information
- Equipment: Fuel Tank - Owned
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving 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.
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Manufactured, Site Built
- Exterior Const.: Metal, Wood
- Roof: Composition, Metal
- Main/1st Level: 1,529 Sq. Ft.
- Year Built: 1920
Lot Features
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 2000
- Lot Features: Level, Rolling Slope, Creek/Stream
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Property ID: 9720-73-7576-00000
- Lot Number: 2531-0325
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Listing agent
— 140 Old Leicester Rd —
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Schools
Schools serving 140 Old Leicester Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
West Buncombe Elementary 175 Erwin Hills Road, Asheville, NC 28806 | K-4 | 1.1 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 1.2 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Old Leicester Rd
Tax History
Tax History for 140 Old Leicester Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,473
9%
$140,100
—
2023
$1,349
71%
$140,100
—
2022
$791
—
$140,100
—
2021
$791
12%
$140,100
20%
2020
$704
—
$117,100
—
2019
$704
6%
$117,100
—
2018
$662
—
$117,100
—
2017
$662
1%
$117,100
14%
2015
$654
-37%
$103,100
—
2014
$1,040
—
$103,100
—
2013
$1,040
—
$103,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 Old Leicester Rd
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140 Old Leicester Road, Asheville, NC 28804 (MLS# 4345168) is a Single Family property with 3 bedrooms and 2 full bathrooms. 140 Old Leicester Road is currently listed for $185,000 and was received on February 12, 2026. Want to learn more about 140 Old Leicester Road? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.