For Sale $199,000
INVESTOR OPPORTUNITY! This 1.8 +/- acre Fairview parcel offers two existing home sites with OU zoning, no HOA, and no deeded restrictions, all on a paved, state-maintained road. You're minutes from Fairview's breweries, restaurants, and grocery stores, with an easy drive into Asheville. The property has easy access and usable topography, and the real value is in the land and the infrastructure already in place. The first home site, at 402 Sharon Rd, has a site-built 1951 2BR/1BA home of about 898 square feet. It had tenants until 2025 but is now vacant and in very poor condition, so plan on a MAJOR rebuild or a FULL TEAR-DOWN. The existing septic system was recently pumped. The second home site, at 400 Sharon Rd, has a 1983 single-wide deeded as real property. Hurricane Helene and fallen trees damaged the roof in September 2024, and leaks and mold have made it a COMPLETE TEAR-DOWN. The site is what you're buying here: a graded pad, a separate power meter, and a separate septic system. It's well suited for a new manufactured home, a large RV pad, or a workshop or garage. There's a working well near the 1951 home with a new pump installed in September 2026 and new pressure tank equipment, ready to connect. It isn't currently plumbed to either structure. Above the main house, a gently sloped wooded area offers a private third site for a new home, a garage, or outbuildings. Buyer to verify septic suitability for any new home site. With OU zoning and no deeded restrictions, you have the flexibility to rebuild, place a new home, add a shop, or simply hold the land. Sold strictly as-is. Do not enter 400 Sharon Rd due to mold and unsafe conditions. No permits found on working well or septic systems. A neighbor's water line from an off-site well crosses the property with no recorded easement, and the eastern driveway carries a cell tower easement (deeded) and neighbor use (no easement known). No survey. See full disclosures for well, septic, and easement details. Bring your contractor and your toolkit and see what you can build on this Fairview property just minutes from town!
| List Price: | $199,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Driveway |
| MLS Number: | CAR4395173 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1951 |
| Sewer Type: | Septic Installed |
| Elementary: | Fairview |
| Middle: | Cane Creek |
| High: | AC Reynolds |
| Date | Event | Price | $/SQFT |
| 10-08-2026 | Under Contract | $199,000 | N/A |
| 10-06-2026 | Listed | $199,000 | N/A |
| 01-11-2026 | Listed | $474,900 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 1 miles | KG-05 | 7 |
| ArtSpace Charter School | 5 miles | KG-06 | 8 |
| Oakley Elementary | 6 miles | KG-05 | 4 |
| Charles C Bell Elementary | 6 miles | KG-05 | 8 |
| William W Estes Elementary | 7 miles | KG-05 | 8 |
| Haw Creek Elementary | 7 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 402 Sharon Road, Fairview NC | 0 mi | $199,000 | days | |
| 400 & 402 Sharon Road, Fairview NC | 0 mi | $199,000 | days | |
| 38 Mountainberry Lane, Fairview NC | 0.2 mi | $299,000 | days | |
| 84 Joe jenkins Road, Fairview NC | 0.3 mi | $699,000 | days | |
| 90 Joe Jenkins Road, Fairview NC | 0.3 mi | $675,000 | days | |
| 15 Madelyn Lane, Fairview NC | 0.3 mi | $864,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By National Land Realty
402 Sharon Road, Fairview NC is a 0 ft2 on a 1.800 acres Appraisal lot. This is for $199,000. This has 2 bedrooms, 1 baths, and was built in 1951.
Based on information submitted to the MLS GRID as of 2026-10-06 10:05:02 EST. 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. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
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