For Sale $1,599,000
Excellent opportunity for multi-family development in a prime location—just under a 5-minute drive to the restaurants and shops of West Asheville! This offering includes three parcels totaling approximately 3.6 acres, to be sold together. The property is currently zoned RM-6. A potential multi-family complex rendering is attached for reference. Water and sewer are available—please see the attached documentation. Existing trailers on the property are subject to 30-day leases. The seller also holds an option to purchase Parcel with rights to market #962758888300000 Parcel #962768171300000 contains a site-built residence; however, site built property has been used as a STR in the past and could be used as a rental prior to development or in lieu of. Seller makes no representations of structures. Tax Value is the total of the 3 parcels. Seller would consider selling approx. 2.1 acres (2 of 3 lots) for $899,000--inquire for civil engineer multi-family site builds plan for 5-8 homes.
List Price: | $1,599,000 |
Status: | For Sale |
Type: | Portfolio |
Parking: | Parking Space(s) |
MLS Number: | CAR4285123 |
Subdivision: | None |
Year Built: | 1939 |
Sewer Type: | Public Sewer |
Elementary: | Unspecified |
Middle: | Unspecified |
High: | Unspecified |
Date | Event | Price | $/SQFT |
08-22-2025 | Listed | $1,599,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
Vance Elementary | 1 miles | KG-05 | 9 |
Francine Delany New School for Children | 1 miles | KG-06 | 9 |
Hall Fletcher Elementary | 2 miles | PK-05 | 2 |
Invest Collegiate (Buncombe) | 3 miles | KG-06 | 8 |
Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
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.
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 |
648 Sand Hill Road, Asheville NC | 0 mi | $1,599,000 | days | |
61 and 65 Bear Creek Road, Asheville NC | 0.3 mi | $450,000 | days | |
52 Malvern Walk, Asheville NC | 0.4 mi | $1,395,000 | days | |
20 Malvern Walk, Asheville NC | 0.4 mi | $965,000 | days | |
244 Bear Creek Road, Asheville NC | 0.4 mi | $650,000 | days | |
241 Bear Creek Road, Asheville NC | 0.5 mi | $395,000 | 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)
Property Taxes |
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H.O.A. / Maintenance |
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Property Insurance |
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Total Monthly Payment | $20,941 |
Occupancy Types |
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.
A Courtesy Listing Provided By Preferred Properties
648 Sand Hill Road, Asheville NC is a ft2 on a 3.600 acres Appraisal lot. This is for $1,599,000. This has bedrooms, baths, and was built in 1939.
Based on information submitted to the MLS GRID as of 2025-08-22 10:11:21 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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