Leicester Homes under $400,000

Welcome to Leicester, North Carolina – a hidden gem nestled in the picturesque Buncombe County! Just a short drive from the vibrant city of Asheville, Leicester offers a perfect blend of serene country living and easy access to urban amenities. With its rolling hills, lush landscapes, and friendly community spirit, this charming town is ideal for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Leicester boasts a rich history and a welcoming atmosphere, making it a wonderful place to call home. The area is dotted with local parks, hiking trails, and scenic spots that invite outdoor enthusiasts to explore nature’s beauty. The nearby French Broad River provides ample opportunities for fishing, kayaking, and enjoying peaceful picnics by the water.

For those seeking a home in this idyllic setting, Leicester offers a variety of options under $400,000. Whether you’re in search of a cozy cottage, a spacious family home, or a modern townhouse, you’ll find properties that cater to diverse tastes and lifestyles. Many homes feature beautiful views, large yards, and easy access to local amenities, ensuring that you can enjoy the tranquility of rural living without sacrificing convenience.

In Leicester, you’ll find a tight-knit community with a strong sense of pride and belonging. With its charming atmosphere, stunning natural surroundings, and affordable housing options, Leicester, NC, is truly a wonderful place to start your next chapter. Come and discover the magic of this enchanting town!

Newest Leicester Homes under $400,000

$349,900

4 Beds ⋅ 2 Baths ⋅ 4432075 MLS ⋅ ACTIVE Status

Welcome home to 36 Aladdin Drive, a stunning new construction residence nestled on a quiet wooded lot in picturesque Leicester, NC. Offering 4 spacious bedrooms and 2 full bathrooms, this thoughtfully designed home pairs modern finishes with low-maintenance, worry-free living. Large windows frame mountain views and fill the open floor plan with abundant natural light. Step outside to enjoy your peaceful, tree-lined sanctuary, perfect for morning coffee or evening relaxation. Home features a shared well, and a shared road agreement will be completed prior to closing. Situated just minutes from local Leicester amenities and a short drive to downtown Asheville, this property seamlessly balances scenic mountain living with everyday convenience. Seller is licensed NC real estate agent

36 Aladdin Drive Unit #3, Leicester

Listing courtesy of Unique: A Real Estate Collective. davecash@uniquecollective.us

$279,000

2 Beds ⋅ 2 Baths ⋅ 4423050 MLS ⋅ ACTIVE UNDER CONTRACT Status

A true 1978 mountain time capsule in the heart of sought-after Sandy Mush. Set on 2.6 wooded acres with stunning long-range mountain and valley views, 74 Lanzi Ledge feels wonderfully tucked away while still offering the connectivity needed for full-time living. The 2-bedroom, 1.5-bath home is full of original character, from warm wood-paneled walls and vintage kitchen details to the substantial stone fireplace with raised hearth anchoring the main living space. A wall of windows frames the surrounding landscape, while doors open directly to an expansive covered deck—the kind of place made for morning coffee, summer storms rolling across the mountains, and evenings watching the light change over the valley. Outside, the property continues to deliver. A spring-fed creek runs through the acreage, alongside a 2-story barn, outdoor shower, and mature woods. Trails meander through the property and lead to a potential second flat building area or space for a garden. The home is served by a private well, with electric and fiber internet through French Broad Electric Membership Corporation, plus a seller-installed roof-mounted solar array. A partially shared driveway leads to the tucked-away homesite. Whether you preserve its retro mountain character, make it your own over time, or simply enjoy it exactly as it is, this property offers flexibility as a full-time residence, WNC getaway, or potential short-term rental. Properties with acreage, long-range views, privacy, and this much personality rarely come to market in Sandy Mush. Seller financing may be available. ServePro evaluated back corner after a downspout disconnected over the winter - high moisture levels found in isolated area and estimate is available.

74 Lanzi Ledge Road, Leicester

Listing courtesy of Town and Mountain Realty. katerina@townandmountain.com

$340,000

3 Beds ⋅ 3 Baths ⋅ 4427887 MLS ⋅ ACTIVE Status

Need space? This one has it. Located on almost 1 acre, with 3 bedrooms, 2.5 bathrooms, 2 additional bonus rooms, two living areas, and an impressive five walk-in closets, this home offers plenty of flexibility for everyday life, working from home, hobbies, guests, and more. The kitchen features butcher block countertops, stainless appliances, white cabinetry, and warm wood accents, opening into a spacious living area with a wood-burning stove. A second living room gives you even more room to spread out, while the two bonus rooms can easily serve as offices, playrooms, workout spaces, or additional flex space. Outside, the covered back porch overlooks a large, wooded backyard, creating a private spot to relax or entertain. An attached garage adds convenient parking and additional storage. STRs are allowed.

91 Walnut Drive, Leicester

Listing courtesy of Stem Realty Group. alex@stemrealtygroup.com

$179,900

3 Beds ⋅ 2 Baths ⋅ 4428172 MLS ⋅ ACTIVE Status

Contractor/Handyman Special! Scenic Leicester location with mountain views and a quiet rural vibe, approximately 30 minutes to Downtown Asheville. The home is a 1998 doublewide, 3 beds/2 baths, in need of a full renovation. The major draw is the massive stick-built 4-bay garage totaling 1372 SF. Perfect for shop space, equipment/toy storage, or running a home-based business. Electric garage doors, 220V wiring, and pull-down attic access for additional storage. Property served by well/septic, with septic recently pumped/inspected. Open Use zoning. This property is in need of a full rehab. Perfectly suited for investors, flippers, or construction industry folks. The potential is there for someone with the right vision & skill. Sold strictly as-is; seller will make no repairs. Cash or private/hard money only. Property will not qualify for any type of conventional financing. Recent inspection report available upon request.

3 S Creek Drive, Leicester

Listing courtesy of Heartwood Realty LLC. Alan@HeartwoodAVL.com

$145,000

3 Beds ⋅ 2 Baths ⋅ 4427857 MLS ⋅ ACTIVE Status

You'll fall in love with the drive in to see this property! Green Valley Rd is absolutely beautiful with its open pastures, rolling hills, and mountain backdrops. Tucked into this lovely setting is a 1985 singlewide ready for someone with the vision to give it new life. The property offers a chance to create a home in a place that already feels special. Renovate the existing home, move it and build a new one, or perhaps live in it while you build on the extra space this cleared .68 acre lot provides. A new well was installed around two years ago, and the property itself has been very well cared for. Come walk the land, take in the surroundings, and imagine what you could make of it! Driveway is shared with the home directly behind and maintenance is on a pro-rata basis. Right of way use is deeded.

418 Green Valley Road, Leicester

Listing courtesy of Altitude Real Estate Group Inc. sarah.s@altituderegroup.com

$399,000

3 Beds ⋅ 2 Baths ⋅ 4426724 MLS ⋅ ACTIVE Status

Looking for privacy, mountain charm, and room to live a little differently? This could be the one you've been waiting for! Nestled in the peaceful countryside of Leicester, North Carolina, this character-filled home offers the perfect opportunity to create your own private mountain retreat, mini homestead, or hobby farm. With plenty of land, privacy, storage, and endless possibilities, there’s room here to bring your vision to life. And yes… bring the goats! The main level features 3 bedrooms and 2 full bathrooms, including a spacious primary bedroom with an abundance of fabulous closet space. The home has tons of storage, making it ideal for those who love having room for all the tools, toys, gear, and treasures that come with mountain living. Downstairs, you'll discover a generous bonus area that isn't included in the listed heated square footage because the ceilings fall just shy of the required height. Add in a workshop and even more storage, and you've got space for projects, hobbies, a home workshop, or whatever creative ideas you have in mind. Step outside and let the good times begin. Patios and decks provide plenty of space for entertaining, relaxing, grilling, or simply enjoying the fresh mountain air. Imagine morning coffee overlooking your land, afternoons working in the garden, evenings around the fire, and weekends enjoying the peace and privacy of your own little slice of Leicester. This isn't just a house—it's a place with personality, possibilities, and plenty of room to make it yours. If you've been dreaming of more land, more privacy, more fresh air, and a little more room to live life your way, come take a look.

20 Sharpes Cove Road, Leicester

Listing courtesy of Costello Realty & Development. mountainsncpalmsfl@gmail.com

$135,000

2 Beds ⋅ 1 Baths ⋅ 4424208 MLS ⋅ ACTIVE UNDER CONTRACT Status

Affordably priced single wide mobile home on spacious 0.81+- acre lot in Leicester. Home features a screened in front porch, storage shed, and newer carpet in the living room.

6 Short Dix Creek Road, Leicester

Listing courtesy of Southern Roots Real Estate. devin@southernrootsrealestate.net

$324,900

2 Beds ⋅ 1 Baths ⋅ 4422890 MLS ⋅ ACTIVE Status

***** PRICE ADJUSTMENT AND SELLER CONCESSIONS OF UP TO $5,000 TO HELP WITH CLOSING COSTS OR RATE BUYDOWN ***** Cute as can be and just 12 minutes from Asheville! This charming 2-bedroom, 1-bath modular home sits on approximately one acre with a gently sloping, usable yard and beautiful mountain surroundings. Recent updates include a new roof, new flooring and fresh interior paint, making this home move-in ready. Inside, you'll find a comfortable living area with a gas fireplace, a bright kitchen and plenty of natural light throughout. Enjoy morning coffee or unwind at the end of the day on the covered front and rear porches while taking in the peaceful setting and mountain views. The sunny side yard offers plenty of space to create raised garden beds, trellises or your own backyard garden, with great sun exposure for growing vegetables, flowers and more. The full unfinished basement with exterior access provides excellent storage and workshop space, along with plenty of room for future possibilities. A gravel driveway and carport provide convenient parking, and the home is served by a private well and septic. With 803 sq. ft. of finished living space plus the full unfinished basement, this sweet Leicester home offers a wonderful combination of charm, outdoor space, privacy and convenience to Asheville.

117 Ho Hum Way, Leicester

Listing courtesy of Keller Williams Great Smokies. dhoneycutt.wncrealtor@gmail.com

$385,000

3 Beds ⋅ 3 Baths ⋅ 4423393 MLS ⋅ ACTIVE Status

One-level living, second living quarters/MIL potential, a fenced backyard, and unforgettable Blue Ridge Mountain views come together at this peaceful Tipton Hill Road retreat. With no HOA, this move-in-ready home features three bedrooms and two full baths on the main level, new LVP flooring, natural light, and comfortable living spaces designed to take in the surrounding mountain scenery. The finished basement expands the possibilities with space for guests, multigenerational living, recreation, home office, or potential income use, subject to buyer verification. Take in layered Blue Ridge Mountain views, unforgettable sunrises, beautiful sunsets, and evening moonrises that create an ever-changing backdrop throughout the seasons. Located on a favorite scenic setting for walkers, cyclists, runners, and outdoor enthusiasts, this home offers the quiet feel of a mountain retreat while remaining within an easy drive of downtown Asheville, Weaverville, shopping, dining, breweries, healthcare, the Blue Ridge Parkway, hiking trails, waterfalls, and countless WNC adventures. Whether you are searching for a primary residence, second home, multigenerational setup, or investment opportunity, this property delivers views, flexibility, outdoor living, and peaceful mountain appeal.

253 Tipton Hill Road, Leicester

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

$299,888

1 Beds ⋅ 1 Baths ⋅ 4423735 MLS ⋅ ACTIVE UNDER CONTRACT Status

$305,000 apraisal on this one. A place for the recluse in you. This tiny giant is tucked into the trees with no one around to bother you; this modern mountain hideaway is all about privacy, peace, and doing life your way. Walls of windows bring the woods right into the house while the open floor plan, vaulted ceilings, and abundant natural light make the home feel much larger than its footprint. And for the puppy lover in you, the private fenced dog yard may be the best feature of all—open the door and let them out without a second thought. The deck and fenced outdoor space are so private, you could practically run around naked all day, and nobody would know!!! Inside, you’ll find a crisp modern kitchen with navy cabinetry, quartz countertops, and stainless appliances, a spacious bedroom surrounded by windows, a double-vanity bath, and convenient laundry. Whether you’re looking for a full-time home, mountain escape or a place to disappear for a while, this one lets you shut out the world without giving up the good stuff.

59 Country Cove Court, Leicester

Listing courtesy of Ensy Homes. jacqueline@ensy.homes

$380,000

3 Beds ⋅ 2 Baths ⋅ 4412266 MLS ⋅ ACTIVE UNDER CONTRACT Status

Discover the charm and privacy of this unique log home tucked away in a peaceful, wooded setting. Featuring beautiful natural wood construction, stone accents, warm hardwood floors, exposed beams, and an inviting rustic character throughout, this property offers the perfect opportunity to enjoy the tranquility of mountain living. The spacious main level provides plenty of room for gathering and entertaining, with a large kitchen featuring abundant cabinetry, stainless steel appliances, hardwood flooring, and a breakfast bar with classic diner-style stools. Multiple living areas offer flexibility for everyday living, a home office, recreation space, or hosting family and friends. Step outside and enjoy the property's impressive outdoor spaces, including a large screened porch/deck overlooking the wooded surroundings, additional decking, stone retaining walls, and a beautiful stone fire-pit area—perfect for relaxing around the fire, entertaining, or enjoying cool mountain evenings. The property also offers a large detached three-car garage/workshop, providing exceptional storage and workspace. Additional unfinished areas offer potential for storage, hobbies, workshop space, or future use. Surrounded by mature trees and natural beauty, the setting provides a wonderful sense of privacy while still offering convenient access to nearby amenities. Whether you're looking for a full-time residence, mountain getaway, or property with room to make your own, this one-of-a-kind log home offers character, space, and plenty of possibilities.

51 Sleepy Forest Drive, Leicester

Listing courtesy of Carolina Home Source LLC. carolinahomesourcellc@gmail.com

$375,000

4 Beds ⋅ 4 Baths ⋅ 4417154 MLS ⋅ ACTIVE Status

**RARE OPPORTUNITY IN LEICESTER!** Two well-maintained manufactured homes on approximately 2.2 private, wooded acres, offering exceptional flexibility and income potential. Tucked away on a private dead-end road with level access, this unique property combines privacy and natural beauty with convenient access to Leicester Highway and Asheville. **THE HOMES:** Two manufactured homes, a 1997 and a 1998, each measuring approximately 14' × 80' with approximately 1,100 square feet. Each home offers 2 bedrooms and 2 bathrooms, comfortable interiors, a new heat pump, a 10' × 14' screened porch, and a rear deck. Both homes also feature carports with covered ramp entrances and doggie doors leading to private chain-link fenced dog areas. **THE PROPERTY:** Approximately 2.2 acres of private, wooded land with abundant wildlife and a beautiful year-round spring-fed branch flowing through the property. The high-producing private well reportedly produces approximately 40 gallons per minute. A permitted 1,500-gallon septic system is approved to serve both homes. Two older storage buildings provide additional space for tools, lawn equipment, and storage. **FLEXIBLE POSSIBILITIES:** With two separate homes on one parcel, this property offers a variety of options—live in one home and rent the other, accommodate extended household needs, create a multi-generational living arrangement, or explore rental/investment opportunities. The private setting and fenced pet areas add to the property's appeal. Located just minutes from Leicester Highway and a short drive to Asheville, this is a distinctive opportunity to own two homes on one parcel with dependable water, wooded privacy, natural beauty, and outstanding flexibility. **A property with this combination of features is truly hard to find!**

48 Melissa Lane, Leicester

Listing courtesy of WEICHERT, Realtors - Unlimited. ricksharpe@weichertunlimited.com

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