553 Bailey Road, Asheville NC
- 2 Bath
- 0.2 ac
For Sale $175,000
Remarks:
BEING SOLD WELL BELOW TAX VALUE!! NOW IS YOUR OPPORTUNITY. Open Use Zoning- Could it be a home? Or a commercial building with versatile potential? At this price, come see it and use your imagination! This concrete block building, previously used as a church fellowship building, offers excellent potential for a variety of uses— home, office space, small business, or other commercial opportunities. The property features a large front yard that can be easily used for or converted into ample parking space, making it ideal for customer or client access. Inside, you’ll find a practical, open layout with two bathrooms and a kitchen area complete with counter space. City water and a septic system are in place for convenience. It also has a chimney area that is ready for heat source stove installation and a hook up/area for a monitor heater. The platform for the monitor oil tank is still in place behind the building. With its durable structure and adaptable floor plan, this property is ready to fit your vision.
General Information:
| List Price: | $175,000 |
| Status: | For Sale |
| Type: | Single Family Residence |
| Parking: | Other - See Remarks |
| MLS Number: | CAR4311092 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1993 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-11-2025 | Under Contract | $175,000 | N/A |
| 10-28-2025 | Listed | $175,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 2 miles | KG-05 | 9 |
| Francine Delany New School for Children | 3 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Invest Collegiate (Buncombe) | 5 miles | KG-06 | 8 |
| Claxton Elementary | 5 miles | KG-05 | 6 |
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.
Properties For Sale Nearby
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 |
| 553 Bailey Road, Asheville NC | 0 mi | $175,000 | days | |
| 529 Bailey Road, Asheville NC | 0.1 mi | $345,000 | days | |
| 204 Cedar Hill Road, Asheville NC | 0.2 mi | $315,000 | days | |
| 14 Pyrite Way, Asheville NC | 0.2 mi | $329,950 | days | |
| 11 Pyrite Way, Asheville NC | 0.3 mi | $324,000 | days | |
| 205 Cowan Cove Road, Asheville NC | 0.4 mi | $375,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28806
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Transportation to Work |
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.
Property Listing Information
A Courtesy Listing Provided By Better Homes and Gardens Real Estate Heritage
553 Bailey Road, Asheville NC is a 0 ft2 on a 0.220 acres Appraisal lot. This is for $175,000. This has 0 bedrooms, 2 baths, and was built in 1993.
Based on information submitted to the MLS GRID as of 2025-10-28 11:05:55 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.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
