52 Will Smith Lane, Leicester, NC 28748
None · Buncombe County
Key Facts
Description
The main residence is a 3-bedroom classic brick ranch with a full unfinished basement. The home is outdated and in need of renovation throughout, including kitchen, baths, and flooring. It is being sold as-is, with no repairs to be made by the seller; however, it offers solid bones and an excellent opportunity for renovation and customization. HVAC was installed in 2022. A central vacuum system is located in the basement, though condition and functionality are unknown. Several pieces of furniture currently in the home will convey with the sale. The property also appears to include a newer well pressure tank. Set on nearly 30 scenic acres in Leicester, this property offers a beautiful combination of open pasture, mature woods, and long-range mountain views from the upper portion of the land. It is well suited for a homestead, mini farm, equestrian use, livestock, or recreational retreat, providing ample space to create a true mountain farm lifestyle. The land features gently rolling pasture, wooded privacy, and elevated homesites with impressive mountain views. It offers strong potential for gardening, animals, recreation, and future expansion. Zoned Open Use, it provides flexibility and may allow for additional homesites—buyer to verify all development potential. Outbuildings include a large red barn offering excellent space for equipment, hay storage, livestock, or workshop use, as well as a standalone concrete block carport providing additional utility. The barn shows signs of possible structural issues at the corner nearest the road. Also located on the property is a 1920s white farmhouse. The structure is not currently livable and no square footage is included. It is in poor condition with possible structural instability, including unsafe flooring and a collapsed front porch roof. Do not enter. Enjoy the peace and freedom of country living while remaining conveniently located approximately 20 minutes from downtown Asheville and 30–35 minutes from Asheville Regional Airport.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1978
Living Area
1,605 sq ft
Garage Spaces
2
Zoning
OU
Days on Market
2
MLS® Listing#
4379317
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Leicester/Eblen
- Middle:
- Clyde A Erwin
- High:
- Clyde A Erwin
Financial Details
HOA
None
Assessed Value
$667,100
Parcel Number
9702-12-4322-00000
Directions
I-26 West and 240 towards Asheville to Exit 3A (19/23) to right on Martin Branch Road to left on Will Smith Lane. There is no road sign for Will Smith Lane. It's a gravel road on the left across from a large gray barn (barn on the right). Once you turn on Will Smith Lane, take the first left (gravel road).
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Leicester, NC
- $553,333
- Median Listing Price
- 86
- Median Days on Market
- 2,004
- Median Sq Ft
- $272
- Median Price / Sq Ft
- 80
- Active Listings
- This home’s price is 44% above the area median.
- Its price per sq ft is 83% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Leicester, NC.
Location
Points of Interest in Leicester, NC
Showing the Leicester area map.
Nearby Schools
Leicester Elementary School
Elementary · 1.4 mi away
Mount Carmel Baptist Church
School · 5.1 mi away
Erwin High School
Secondary · 5.8 mi away
West Buncombe Elementary School
Elementary · 6.1 mi away
Joe P. Eblen Intermediate School
Secondary · 6.1 mi away
Woodfin Elementary School
Elementary · 7.2 mi away
North Asheville Christian School
Secondary · 7.2 mi away
Weaverville Elementary School
Elementary · 7.7 mi away
Mount Pisgah Academy
School · 7.7 mi away
Asheville-Pisgah Christian School
Secondary · 7.8 mi away
Johnston Elementary School
Elementary · 7.8 mi away
Weaverville Primary School
Elementary · 7.9 mi away
Buncombe County Schools
School · 8.1 mi away
Terra Sylva School of Botanical Medicine
School · 8.1 mi away
Emma Elementary
Elementary · 8.2 mi away
North Buncombe Middle School
Secondary · 8.4 mi away
St Joan of Arc Roman Catholic Church
Elementary · 8.4 mi away
Emmanuel Lutheran School
School · 8.4 mi away
Nazarene Christian School
Secondary · 8.5 mi away
North Buncombe Elementary
Elementary · 8.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1781 Bear Creek Road, Leicester, NC | $560,000 | 3 | 2 | 1,319 |
| 77 Sherry Lane, Leicester, NC | $565,000 | 3 | 3 | 2,612 |
| 1 Little Oak Road, Leicester, NC | $569,900 | 3 | 3 | 2,255 |
| 444 Martin Branch Road, Leicester, NC | $576,000 | 3 | 2 | 2,313 |
| 426 Shadow Wood Drive, Leicester, NC | $579,000 | 2 | 2 | 1,484 |
| 710 Kendal Drive, Leicester, NC | $599,000 | 2 | 2 | 1,555 |
Moving Cost Estimate
EXIT Agents in Leicester
Listing Courtesy: Patton Allen Real Estate LLC - sherri@pattonallenre.com
Last Updated: 2026-05-13
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