A small clear-distance, double-arch tunnel under an asymmetrical load combines the characteristics of small clear-distance, tunnels and double-arch tunnels, and the influence of an asymmetrical terrain must be considered. Its construction stability is a problem worth studying. This paper used the Wengcun tunnel as the engineering background. Midas/GTS finite element analysis software was used to study the effects of eight excavation sequences and two excavation methods on tunnel stability. The results showed that the deformation and force of the tunnel were asymmetric under the asymmetrical terrain. Both middle partition walls were deformed towards the shallowly buried side, and the shallowly buried side was deformed to a greater extent. Excavating shallow side tunnels first can effectively mitigate the impact of asymmetric terrain. The arch settlement of the Center Diaphragm Excavation Method is 1.33 cm, which is smaller than the three-step excavation method of 1.48 cm; however, this difference is not significant. The Three-bench Excavation Method was more efficient. Based on the conclusion of a numerical simulation, the construction site adopted the construction sequence of excavating the shallowly buried side tunnel first and adjusted the excavation method to the Three-bench Excavation Method.