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Closed

720 Reed Street

Asheville, NC 28803

Closed Closed Dec 18, 2025 Listing ID CAR 290657879

$345,000

$317/Sq Ft

Sold

3 bd · 1 ba · 1,088 sqft · $317/sqft

3 Beds
1 Bath
1,088 Sq Ft
$317/Sq Ft
1962 Built
.11 acres Single Family Residence Gay Green Listed Nov 17, 2025 Updated Dec 18, 2025 HOA None

About This Home

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.

Property Details

Interior Details

Heating
  • Electric
  • Heat Pump
Flooring
  • Tile
  • Wood
Sqftmain
1088
Roomcount
1
Sqftlower
0
Sqftthird
0
Sqftupper
0
Bedroommain
3
Fullbathmain
1
Halfbathmain
0
Door Features
  • Sliding Doors
Half Bathrooms
0
Total Bathrooms
1
Laundry Features
  • In Basement
  • Lower Level
  • Washer Hookup
Interior Features
  • Cable Prewire
  • Kitchen Island
  • Open Floorplan
  • Storage
Mainlevelgarageyn
0
Sqftunheatedtotal
804
Sqfttotalpropertyhla
1088
Sqftunheatedbasement
804

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1088
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Driveway
  • On Street
  • Parking Space(s)

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Wood
Patio And Porch Features
  • Patio

Lot And Land

Fencing
  • Back Yard
  • Fenced
  • Privacy
Lot Features
  • Level
Lot Size Acres
0.114
Lot Size Units
Acres

Basement And Foundation

Basement
  • Exterior Entry
  • Interior Entry
  • Storage Space
  • Unfinished
  • Walk-Out Access
  • Walk-Up Access
Foundation Details
  • Basement

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Available
  • Electricity Connected
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville

Zoning And Restrictions

Zoningspecification
H B

Listed by Alexandra Schrank (828-782-1957) · RE/MAX Executive (828-670-1500)

Location

Address
720 Reed Street
City
Asheville, NC 28803
Community
Gay Green
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Schools

Elementary
Estes/Koontz
Middle
Valley Springs
High
T.C. Roberson

School assignments may change. Contact the school district to confirm.

Canopy MLS

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