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$394,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 23 Old Farm School Rd
General
- Price: $394,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4362090
- Updated: 3/27/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Living Room
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
- Flooring: Laminate, Linoleum, Parquet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: From downtown Asheville, take I-240 East to Exit 7 for US-70 East (Tunnel Road). Continue on Tunnel Road for approximately 3.5 miles. Turn left onto Riceville Road and follow for about 2.5 miles. Turn right onto Old Farm School Road. Continue to 23 Old Farm School Road, which will be on your right.
School Information
- Elementary School: Charles C Bell
- Middle School: AC Reynolds
- High School: AC Reynolds
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available
Structural Information
- Architectural Style: Ranch
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Full, Stone, Wood
- Basement: Yes
- Basement Desc.: Basement Garage Door, Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
- Roof: Composition
- Main/1st Level: 1,769 Sq. Ft.
- Year Built: 1975
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Other - See Remarks
- Rcmdd Zoning: R-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 9668-59-1627-00000
- Lot Number: 3349-491
Listed by Olivette Realty LLC
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Schools
Schools serving 23 Old Farm School Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Charles C Bell Elementary 90 Maple Springs Road, Asheville, NC 28805 | PK-5 | 0.7 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 3.3 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Old Farm School Rd
Date
Details
Price
Change
Source
3/27/2026
Listed
$394,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Old Farm School Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$346,800
—
2024
100%
$346,800
—
2023
100%
$346,800
—
2022
100%
$346,800
—
2021
100%
$346,800
27%
2020
—
$273,300
—
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 23 Old Farm School Rd
23 Old Farm School Road, Asheville, NC 28805 (MLS# 4362090) is a Single Family property with 3 bedrooms and 2 full bathrooms. 23 Old Farm School Road is currently listed for $394,000 and was received on March 27, 2026. Want to learn more about 23 Old Farm School 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.

