For Sale $1,549,000
RARE BUILDER/INVESTOR OPPORTUNITY! 53+/- breathtaking acres of rolling pasture and mature hardwoods in prime South Asheville. A developer's dream or ultimate private estate, featuring pristine Merrill’s Cove Creek winding through the property. Existing brick ranch sold AS-IS/WHERE-IS, perfect for a custom renovation or temporary residence while you build. Enjoy unmatched mountain tranquility and total privacy, located just 7 minutes from Hendersonville Road's premier shopping, dining, and amenities. Unlimited potential for a luxury homestead, family compound, or private retreat. Opportunities of this scale and location rarely hit the market. Schedule your private tour today!
| List Price: | $1,549,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Parking: | Driveway |
| MLS Number: | CAR3918824 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Crops, Hilly, Level, Creek/Stream |
| Year Built: | 1971 |
| Sewer Type: | Septic Needed |
| Elementary: | Glen Arden/Koontz |
| Middle: | Cane Creek |
| High: | T.C. Roberson |
| Date | Event | Price | $/SQFT |
| 04-12-2026 | Listed | $1,549,000 | N/A |
| 03-08-2026 | Listed | $499,000 | N/A |
| 01-07-2026 | Price Decrease | $1,735,000-6.47% | N/A |
| 01-01-2026 | Price Decrease | $1,855,000-1.59% | N/A |
| 12-09-2025 | Price Decrease | $1,885,000-5.04% | N/A |
| 11-09-2025 | Price Decrease | $1,985,000-0.25% | N/A |
| 10-28-2025 | Price Decrease | $1,990,000-0.25% | N/A |
| 04-28-2025 | Listed | $1,995,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| William W Estes Elementary | 4 miles | KG-05 | 8 |
| Fairview Elementary | 4 miles | KG-05 | 7 |
| Oakley Elementary | 5 miles | KG-05 | 4 |
| Fletcher Elementary | 6 miles | KG-05 | 9 |
| Charles C Bell Elementary | 7 miles | KG-05 | 8 |
| Glenn C Marlow Elementary | 7 miles | KG-05 | 10 |
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 |
| 99999 Merrills Cove Road, Asheville NC | 0 mi | $1,549,000 | days | |
| 17 Fig Tree Lane, Asheville NC | 0.1 mi | $1,700,000 | days | |
| 407 Melnick Terrace, Asheville NC | 0.4 mi | $950,000 | days | |
| 162 Merrills Chase Road, Asheville NC | 0.4 mi | $749,000 | days | |
| 212 Plains Drive, Asheville NC | 0.5 mi | $1,495,000 | days | |
| 509 Shamrock Drive, Asheville NC | 0.6 mi | $525,000 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| 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 Howard Hanna Beverly-Hanks Asheville-Downtown
99999 Merrills Cove Road, Asheville NC is a 0 ft2 on a 53.140 acres lot. This is for $1,549,000. This has 3 bedrooms, 1 baths, and was built in 1971.
Based on information submitted to the MLS GRID as of 2026-04-12 10:30:33 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.
Click here for more information
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.