Rare residential development opportunity in a highly desirable and rapidly growing area! This exceptional nearly 7-acre tract offers gently rolling topography, picturesque hayfields, and a beautiful pastoral setting with tremendous potential for residential development. Passed down through generations, this property presents a unique opportunity to create a thoughtfully designed residential community, while the existing farmhouse and additional dwellings provide flexibility for continued use, rental income, renovation, or interim housing during development. Surrounded by R-1 and EMP zoning, permitted uses include single-family homes, duplexes, and residential development, along with a variety of other potential uses. Per Buncombe County information, maximum density may allow up to 12 dwellings per acre, subject to county approval and applicable development requirements. Existing infrastructure-including power, wells, and septic systems-provides an important head start for future development. There is no right-of-way through the property. The location is equally compelling, offering a peaceful rural setting just minutes from Asheville Airport, shopping, restaurants, entertainment, and area attractions, with convenient access to Interstate 26. The property's gentle topography and expansive open fields offer an ideal canvas for creating a desirable residential community in an area experiencing continued growth. Whether envisioned as a boutique neighborhood, collection of homes, duplex development, family compound, or investment opportunity, this versatile tract offers the land, location, infrastructure, and potential to make a lasting investment. Opportunities of this size and character in such a convenient location are increasingly rare-don't miss the chance to explore the possibilities.
| MLS # | 4395239 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 71 |
| Listing Provided By | Howard Hanna Beverly-Hanks Burnville | Tonya McMahan |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,155 |
| Story(s) | 1 |
| Acreage | 7.00 |
| Property View | Winter |
| Cooling | Central Air, Heat Pump |
|---|---|
| Heating | Central, Heat Pump |
| Appliances | Other |
| Construction Materials | Vinyl, Wood |
|---|---|
| Foundation Details | Other - See Remarks |
| Lot Features | Cleared, Open Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| Utilities | Electricity Connected, Natural Gas, Phone Connected |
|---|
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 925900 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Arden |
| Zip Code | 28704 |
| Area | Buncombe |
| School District | T.C. Roberson |
| Elementary School | Avery's Creek/Koontz |
| High School | T.C. Roberson |
| Listing VS Median (in 28704) | |
Price: $3,599,000 low | high Med: $652,500 sqft: 1,155 low | high Med: 3,170 $ / sqft: $3,116 low | high Med: $218 On site: 71 low | high Med: 245 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Arden |
| Zip Code | 28704 |
| Area | Buncombe |
| School District | T.C. Roberson |
| Elementary School | Avery's Creek/Koontz |
| High School | T.C. Roberson |
| Listing VS Median (in 28704) | |
Price: $3,599,000 low | high Med: $652,500 sqft: 1,155 low | high Med: 3,170 $ / sqft: $3,116 low | high Med: $218 On site: 71 low | high Med: 245 | |