Leicester Homes under $250,000

Welcome to Leicester, North Carolina—a hidden gem nestled in the picturesque Buncombe County! Just a stone's throw from the vibrant city of Asheville, Leicester offers a tranquil retreat with the perfect blend of natural beauty and community charm. With its rolling hills, lush greenery, and friendly neighborhoods, it’s an ideal place for families, young professionals, and retirees alike.

Leicester boasts a rich history and a welcoming atmosphere, making it a wonderful place to call home. The area is known for its outdoor recreational opportunities, with nearby parks, hiking trails, and scenic views that invite you to explore the great outdoors. Whether you’re enjoying a leisurely stroll or embarking on a weekend adventure, the stunning landscapes will leave you enchanted.

For those seeking affordable housing options, Leicester has a fantastic selection of homes under $250,000. This makes it an attractive choice for first-time homebuyers or anyone looking to invest in property without breaking the bank. You'll find charming single-family homes, cozy bungalows, and even some modern builds that cater to diverse tastes and lifestyles.

The local community is vibrant, with a variety of shops, restaurants, and services that cater to your everyday needs. Plus, with Asheville just a short drive away, you can easily enjoy the cultural offerings, dining experiences, and entertainment options of a larger city while returning to the peaceful embrace of Leicester at the end of the day.

Discover your dream home in Leicester, where affordability meets community spirit and natural beauty!

Newest Leicester Homes under $250,000

$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 & is not currently livable. 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

$199,000

3 Beds ⋅ 2 Baths ⋅ 4411624 MLS ⋅ ACTIVE Status

INVESTOR SPECIAL – NOW OFFERED AT $199,000! Opportunity awaits at 97 Misty Ridge Lane in Leicester. This 3-bedroom, 2-bath home offers approximately 1,219 square feet of single-level living on a spacious 0.52-acre lot surrounded by mature trees. With three bedrooms, two full baths, a functional floor plan, laundry on the main level, and plenty of outdoor space, this property offers a great starting point for an investor, renovation project, rental opportunity, or buyer looking to add their own improvements and personal touches. Located approximately 20 minutes from Downtown Asheville with convenient access to shopping, dining, the River Arts District, Blue Ridge Parkway, and all that Western North Carolina has to offer. Priced at $199,000 to reflect its current condition and improvement needs. Property is being sold as-is. Bring your vision and explore the possibilities at 97 Misty Ridge Lane!

97 Misty Ridge Lane, Leicester

Listing courtesy of Nexus Realty LLC. 828-585-2188

$199,500

3 Beds ⋅ 2 Baths ⋅ 4406985 MLS ⋅ ACTIVE Status

Affordable 2000 model single wide manufactured home in good condition in search of it's new owner. Located at the end of a private road in Leicester, come and enjoy the private country setting while still being about a 20 minute drive to downtown Asheville and West Asheville. Central heat is not currently functional so the square footage is not listed as heated living area, but the home conveys with portable heaters and window AC units for heating and cooling. Well and septic are shared with one other home. 4 wheel drive or all wheel drive is recommended for the road.

23 Tom Worley Road, Leicester

Listing courtesy of Keller Williams Professionals. seanpratt@kw.com

$94,900

3 Beds ⋅ 2 Baths ⋅ 4393083 MLS ⋅ ACTIVE Status

Opportunity awaits with this double-wide manufactured home situated on a spacious lot with plenty of room for gardening and outdoor enjoyment. The property includes a detached garage, offering additional storage or workspace. While the home is in need of repairs and updates, it presents great potential for investors, renovators, or buyers looking to add their personal touch. A shared well serves the neighboring properties along the street. Conveniently located with room to grow and make it your own.

8 White Oak Drive, Leicester

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Biltmore Park. elena.peters@allentate.com

Start Your Search

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: