Asheville · Asheville, NC
20 Cedar Farm Road
Asheville, NC · 1,232 sqft
$850,000
- 3Beds
- 2Baths
- 1,232SqFt
- 1959Year
- 1Days on market
About this home
First time ever on the market, this solid 3BR/2BA rancher offers a rare opportunity to own nearly 3 gently sloping acres in a peaceful setting just outside the Asheville city limits. Formerly used as a hay pasture for horses and adjacent to a quiet horse farm, the property combines open usable land with a convenient location less than 2 miles from the Blue Ridge Parkway and under 10 minutes to downtown Asheville.
Updated in 2019, the home features comfortable one-level living, a metal roof, spacious basement, and an oversized detached two-car garage with ample room for storage, workshop space, or hobby use. The property has also proven to be a successful long-term rental, offering flexibility for primary residence, investment, or multigenerational living.
With expansive usable acreage and favorable topography, the land presents a variety of possibilities for future expansion, gardens, hobby farming, or potential subdivision opportunities subject to county approval. A unique combination of convenience, versatility, and peaceful surroundings in one of Western North Carolina’s most desirable areas.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,232
- Lot
- —
- Year built
- 1959
- Type
- Single Family
- Days on market
- 1
- Garage
- 3
- Style
- Ranch
- Heating
- Heat Pump, Oil
- Cooling
- Central Air
- Foundation
- Basement
- View
- Mountain(s), Year Round
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,255/ month
- Principal & interest
- $5,264
- Property tax (~1.05%)
- $743
- Homeowners insurance
- $247
- HOA dues
- —
Down payment
$42,500 down · $807,500 financed
Income to qualify (28% rule)
~$268,113 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.