Single Family Residence at 20 Cedar Farm Road, Asheville
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$850,000

20 Cedar Farm Road
Asheville, NC 28803
Listed by Ella Tzinberg · Keller Williams Professionals
Bedrooms
3
Bathrooms
2
Living area
1,232 sqft
Year built
1959

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.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4387192
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
7
On market date
June 2, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
3
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Oakley Elementary
2.31 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
447
Student:teacher ratio
13.5:1
District
Buncombe County Schools
Middle
Reynolds Middle
0.34 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
523
Student:teacher ratio
14.5:1
District
Buncombe County Schools
High
Early College
4.67 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

43
Somewhat walkable
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
55 / 100
Restaurants & cafes10
Grocery stores2
Parks0
Schools3
Transit stops0
Pharmacies1

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 7 days -- 113 fewer days than Asheville's current average of 120 days.
For reference, the median list price across 1,597 active listings in Asheville right now is $489,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.