581 Old Leicester Highway

Welcome to 581 Old Leicester Highway, a completely renovated home that combines modern upgrades, a rare level yard, and unmatched expansion potential — all just 15 minutes from downtown Asheville.
Inside, you’ll find a bright open floor plan with hardwood floors flowing through the main living areas. The kitchen is truly the centerpiece of the home, featuring granite countertops, stainless steel appliances, and a massive center island that makes cooking, entertaining, and gathering effortless. An extended walk-in pantry offers incredible storage space, and the laundry has been moved upstairs for convenience.
Every detail has been refreshed — engineered flooring in all bedrooms and the bonus room, freshly painted doors and trim, stylish new shutters and trim all freshly painted as well. Custom barn door that adds charm and character, ideal space for a coffee bar next to the wood burning fireplace. The hall bathroom has been fully remodeled with modern finishes, and the HVAC system has been serviced and cleaned. For peace of mind, a brand-new roof and gutters will be installed prior to closing.
This home offers three bedrooms, two full baths, and a bonus room on the main level, with almost 1,900 square feet of living space. But the value doesn’t end there. Downstairs, the full unfinished basement provides nearly 1,600 square feet of opportunity. With existing laundry connections. The space is perfectly suited for an in-law suite, guest apartment, or income-producing rental. Investors will appreciate the ability to add finished square footage and significantly increase value, while homeowners will love the flexibility for recreation, storage, or a workshop.
Outdoor living is equally impressive. The sellers invested $15,000 to fully fence the backyard, creating a secure and private space for pets, play, and gatherings. The property sits on a rare, large level lot — a true gem in the mountains — offering room for gardening, entertaining, or simply enjoying the outdoors.
Additional features include a tankless water heater, attached garage, and paved driveway. With its combination of thoughtful renovations, major system updates, flexible layout, and rare lot, this property is ready for its next chapter. Whether you’re looking for a move-in ready primary home, a multigenerational living setup, or an investment with income potential, 581 Old Leicester Highway delivers it all.