Property Description:
Discover the possibilities with this buildable RS-8-zoned lot in sought-after South Asheville located 10 minutes from downtown. Featuring city water and sewer, this property offers the perfect canvas for your next project.
The lot boasts a flat, wooded area in the back and a gentle slope toward the front, where a small older home currently stands. While the house is gutted and would require a complete overhaul, it may be more advantageous to demolish it and unlock the full potential of this property by dividing the lot for development.
Property Details:
- Size: 0.57 acres that can potentially be subdivided (Buyer Verify)
- Zoned: RS-8
- Water: City (Buyer Verify)
- Sewer: MSD Line (Buyer Verify)
Lot ARVs: $90-120K Per 0.25 Acre with Comps Below:
- 25 White Ave - 0.25 Acres - $120K - Sold Nov 2024
- 459 Onteora Blvd - 0.19 Acres - $100K - Sold July 2024
New Build ARVs: $470-520K with Comps Below:
- 486 Onteora Blvd - 3/2.5 - $495K - Sold Nov 2024
- 9 Hilldale Rd - 4/2.5 - $520K - Sold Aug 2024
House details:
- Built-in 1955
- 672 sq ft
- 2 bedroom /1 bathroom
- Needs complete renovation
Current House ARV: $280-300K with Comps Below:
- 6 Bondo Rd - 2/1 - 914 sq ft - $349K - Sold Sep 2024
- 33 Robison Ave - 2/1 - 892 sq ft - $325K - Sold July 2024
Call/text or email with questions or to view the property
We welcome all offers, let’s talk!
Phil 828-944-4319 or Jenny 828-676-4775
phil@wncps.com or jenny@wncps.com
Transaction Details:
Home being sold as-is, Cash purchase or private money financing only, Buyer pays all closing costs, $5,000.00 deposit (applied toward purchase price) with contract required with accepted offer. Guaranteed clear title through the closing Attorney. Agents & Wholesalers: Only market within your private network. Do not market on other sites. Add your fee on top of our purchase price.