Hannah Smestad
    • Home
    • Search
    • Communities
      • Downtown Asheville
      • Asheville
      • Weaverville
      • Hendersonville
      • Black Mountain
      • Candler
      • Woodfin
      • Arden
      • Fletcher
      • Canton
      • Lake Lure
      • Mars Hill
      • Marshall
    • Ruiz Report
    • Buying
    • Selling
    • About
    • Contact

    Hannah Smestad

    (828) 257-0135
    transactions@dwellavl.com
    • Hannah Smestad(828) 257-0135
      transactions@dwellavl.com
      Copy Email

    Home

    • Home
    • Search
    • Communities
    • Ruiz Report
    • Buying
    • Selling
    • About
    • Contact
    Hannah Smestad - Footer Logo

    ​

    (828) 210-3898 - info@dwellavl.com - 24 Arlington Sreet, Asheville, NC 28801

    ​

      • Privacy
      • Terms
      • DMCA
      • Accessibility
      • Fair Housing
      © 2025 Hannah Smestad. All rights reserved.
      Website built by CloseHack.
      Canopy MLS

      ​Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-11-17 22:15:58. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

      $335,000
      For Sale

      720 Reed Street

      Asheville, NC 28803
      3 beds | 1 bath | #4320921
      • Save
      • Contact
      • Share
      • Price Change Alerts
      37 photos
      Type:Purchase
      Structure:House
      Zone:Residential

      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.

      • Interior Details
          • InteriorCable Prewire, Kitchen Island, Open Floorplan, Storage
        • Heating & Cooling
          • CoolingCentral Air, Electric
          • Cooling FeaturesCentral Air, Electric
        • Beds & Baths
          • Bedrooms3
          • Bathrooms1
          • Full Baths1
      • Property Details
          • Lot FeaturesLevel
          • Lot DescriptionLevel
          • Stories1
        • Parking
          • Parking FeaturesDriveway, On Street, Parking Space(s)
          • Parking TypeDriveway
      • Construction Details
          • Basement DescriptionExterior Entry, Interior Entry, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
          • Property TypePurchase
          • Basement1
          • Basement Finished1
        • Condition
          • Year Built1962
        • Material information
          • RoofArchitectural Shingle
          • FoundationBasement
      • Utilities / Energy Details
          • Utility FeaturesCable Available, Electricity Connected
          • Sewer InformationPublic Sewer
          • AppliancesRefrigerator
          • Utility SourceCity
      • Community and Neighborhood Details
          • SubdivisionGay Green
        • Location
          • Middle SchoolValley Springs
          • High SchoolT.C. Roberson
          • Elementary SchoolEstes/Koontz
          • CountyBuncombe
          • ZoningHB
      • Financial Details
          • Original List Price$335,000
          • Days on Market (Cumulative)1
      • Other
          • MLS #4320921

      Location

      Legal

      Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-11-17 19:31:05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

      Last Updated: Yesterday at 5:19 PM. Source: CANOPY

      Provided By
      Listing Agent: Alexandra Schrank (#CARschrank), Email: brokeralexandra@gmail.com
      Listing Office: RE/MAX Executive (#CARNCM33350)

      Hannah SmestadReal Estate Group
      Facebook
      Google
      OR

      Interested in Purchasing 720 Reed Street?

      Get an estimate on monthly payments on this property.

      Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

      Estimated Monthly Payment
      $0.00
      Loan Amount
      $0.00
      $
      years

      Down Payment

      $
      %
      10.0%

      Interest Rate

      %
      6.0%

      Tax Rate

      %
      2.6%
      $
      $
      annually
      $
      monthly