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Property Description
Down in Riceville Valley, where the mountains cradle the land and the noise of the world fades behind you, this bright classic bungalow sits above a gentle, babbling stream that begins its journey near the Blue Ridge Parkway. Helene caused no damage to this home. Perfectly positioned between downtown Asheville and Black Mountain, and less than three miles from the Parkway itself, you're tucked into the landscape yet minutes from everything. It's the rare kind of location that feels hidden but never isolated. Desirable for a reason. And then there's the freedom of county taxes and zoning. No restrictions from an HOA. Chickens? Yes. Short-term rentals? Allowed. Homesteading dream? Fully possible. With the largest lot in the immediate cluster, this property offers room to breathe and room to grow. City water and sewer are already in place, with the potential to add an ADU or even explore subdivision options (buyer to verify). Classic design layered with modern touches. Curl up by the new free-standing wood stove with your favorite book. Outside, raised garden beds soak up the valley sun. Evenings unfold under a canopy of stars as fireflies spark to life and conversations stretch long past dusk. The fire pit glows. The air cools. Adventure lives at your doorstep. Ride straight up to the Blue Ridge Parkway. Explore nearby trails at Warren Wilson College. Wander into surrounding national forest lands and protected nature preserves. This is a landscape people travel to experience and you get to call it home. Practical improvements add peace of mind: a redone culvert with reinforced rip rap, added electrical amp service in the detached carport for workshop potential or future expansion, and access to a natural spring for fresh mountain drinking water. This home isn't just a place on a map. It's where you land.
Full Property Details
Full Property Details for 994 Riceville Rd
General
- Price: $485,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4355365
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Wood Burning Stove, Wood Burning Stove
- Appliances: Dryer, Electric Cooktop, Refrigerator, Wall Oven, Washer, Washer/Dryer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Mud Room, Main Level
Exterior
- Exterior Features: Fire Pit
Parking
- Carports: Yes
- Parking Features: Detached Carport, Driveway
Location
- County: Buncombe
- Driving Directions: GPS- From Black mountain I40 W exit 55 toward US-70 Asheville VA Hospital keep right at fork merge onto Porters Cove Rd Left onto Tunnel Rd .6 mi right on Lower Grassy Branch Rd continue to stop sign across Riceville Rd long drive across bridge. From Asheville I-240 E exit 7 US-70 left Lower Grassy Branch Rd straight across Riceville Rd long drive across bridge. Look for my directional.
School Information
- Elementary School: Charles Bell
- Middle School: AC Reynolds
- High School: AC Reynolds
Heating & Cooling
- Cooling Type: Central Air, Heat Pump
- Heating Type: Central, Heat Pump, Wood Stove
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Architectural Style: Bungalow
- Construction: Site Built
- Exterior Const.: Aluminum
- Roof: Composition
- Main/1st Level: 1,325 Sq. Ft.
- Year Built: 1951
Lot Features
- Street/Road Desc.: Dirt, Gravel
- Elevation (Approx.): 2000
- Lot Features: Creek Front, Level, Creek/Stream
- Fencing (Description): Partial
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Short Term Rental Allowed
- Property ID: 9669-66-4808-00000
- Lot Number: 6320/757
Listed by RE/MAX Executive
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Schools
Schools serving 994 Riceville Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Charles C Bell Elementary 90 Maple Springs Road, Asheville, NC 28805 | PK-5 | 2 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 4.7 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 4.7 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 994 Riceville Rd
Date
Details
Price
Change
Source
3/19/2026
Listed
$485,000
—
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 994 Riceville Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,959
69%
$274,900
58%
2023
$1,157
11%
$174,200
6%
2022
$1,038
—
$163,700
—
2021
$1,038
14%
$163,700
21%
2020
$911
—
$135,100
5%
2019
$911
9%
$128,800
—
2018
$836
—
$128,800
—
2017
$836
4%
$128,800
15%
2015
$802
—
$112,300
—
2014
$802
—
$112,300
—
2013
$802
—
$112,300
—
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 994 Riceville Rd
994 Riceville Road, Asheville, NC 28805 (MLS# 4355365) is a Single Family property with 2 bedrooms and 1 full bathroom. 994 Riceville Road is currently listed for $485,000 and was received on March 19, 2026. Want to learn more about 994 Riceville 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.

