720 Reed Street, Asheville, NC 28803

$345,000
3
BD
1
BA
1,088
SqFt

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Sold Price
$345,000
List Price
$335,000
Status
CLOSED
MLS#
4320921
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,088
Parcel Size
0.114
Year Built
1962
Days on Market
31

Property Description

Exceptional Live/Work Opportunity with Built-In Value Add in Highway Business Zoning. Some properties simply exist and then there are the ones that feel like they’re already humming with possibility the moment you pull in. This South Asheville gem is the latter: a rare blend of flexibility, function, and future potential that invites you to imagine not just how you’ll live here, but how you’ll grow here. Zoned Highway Business (HB), it’s a truly versatile find for business owners, investors, or anyone seeking a dynamic live/work lifestyle. With multiple entrances, two separate parking areas, and a thoughtfully segmented layout, it’s built for dual use without compromising comfort. You’re greeted by fresh paint and new double-pane vinyl windows, offering both efficiency and a crisp, updated feel. The kitchen, refreshed within the past decade, features modern cabinetry, generous storage, and an intuitive flow into the main living and dining spaces. Warm, bright, and welcoming in that quietly confident way. Just beyond, an unexpected twist in the floorplan reveals a private wing with its own exterior access. A home office tucked away for focus, a workspace, an art studio where ideas take shape, or a mini suite for a small business seeking visibility and convenience. Here, the line between home and work doesn’t blur, it becomes beautifully intentional. Downstairs, the unfinished walkout basement, already plumbed for a full bathroom, offers the kind of value-add that savvy buyers dream about. Imagine expanding your living space, creating a rental unit, or building out a dedicated business zone with easy access. It’s potential in its purest form. Whether you picture a boutique office that draws in passerby, a creative studio bathed in natural light, or an income-producing setup that supports your long-term goals, this property stands ready. With modern updates, a highly functional layout, and rare commercial zoning, it offers more than a place to land, it offers a canvas for your next chapter.

Additional Information

County
Buncombe
Subdivision
Gay Green
Acreage Features
Level
Appliances
Refrigerator
Exterior Finish
Wood
Basement Description
Yes
Sewer/Septic
Public Sewer
Interior Features
Cable Prewire, Kitchen Island, Open Floorplan, Storage
Heating
Electric, Heat Pump
Cooling
Central Air, Electric
Roof
Architectural Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Executive. brokeralexandra@gmail.com

Selling Office: Walnut Cove Realty/Allen Tate/Beverly-Hanks.

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