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Polly Leadbetter

Engel & Völkers Foothills & Lake James

polly.leadbetter@engelvoelkers.com +1(828) 443-5407

$ 399,000

Est. payment -/mo

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Active

215 Merchant ST Asheville, NC 28803

3 Beds

1 Bath

720 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $554

MLS Listing ID 4391870

Bedrooms 3

Full Baths 1

Construction Status Completed

Abv Grd Liv Area 720

Year Built 1965

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Single Family Residence

Property Description

Nearly one acre with a creek, a charming Oakley cottage, and exceptional future potential—all just minutes from Biltmore Village. Properties like this are becoming increasingly difficult to find in Asheville. Situated on approximately 0.97 acres, this unique property combines usable land, mature trees, a peaceful creek, and a charming cottage in one of Asheville's most convenient locations. The cottage has been updated where it counts while still offering opportunities for future improvements and personalization. Move in and enjoy it as it is, continue updating it over time, or explore the property's long-term potential. For homeowners, the property offers a rare opportunity to enjoy a private, park-like setting with room to garden, entertain, play, or simply enjoy nearly an acre of land within the city. For investors, builders, and developers, preliminary research indicates the property may be suitable for a variety of future development concepts, including the potential for subdivision or a cottage development utilizing the existing residence along with additional units, subject to buyer verification, design, permitting, and all applicable approvals. The property's size, layout, city water and sewer availability, and natural open-space features create a unique opportunity rarely found this close to downtown Asheville. Enjoy the beauty of a peaceful creek without the burden of a designated FEMA flood hazard area. According to current FEMA mapping, the property is not located within a FEMA Special Flood Hazard Area. Buyer to verify if important. Whether you're searching for a private residence, investment property, family compound, or future development opportunity, this property offers a rare combination of location, land, and flexibility.
Survey available for review. Agent/owner. New range and dishwasher to be installed prior to closing.

Location

State NC

County Buncombe

Zoning RS8

Rooms

Main Level Bedrooms 3

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl, Wood

Fireplace false

Appliance None

Laundry Electric Dryer Hookup, Mud Room, Utility Room, Inside, Main Level, Washer Hookup

Exterior

Waterfront Description None

Street Surface Gravel,Paved

Accessibility Ramp(s)-Main Level

Garage false

Building

Lot Description Creek Front, Green Area, Level, Private, Creek/Stream, Wooded

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Aluminum

New Construction false

Construction Status Completed

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Acceptable Financing Cash, Construction Perm Loan, Conventional

Listing Terms Cash, Construction Perm Loan, Conventional

Special Listing Condition None

Listed by Chad Johnson • Malin & Co. Realty Group, LLC • chad@malinrealtygroup.com

Polly Leadbetter

Broker | License ID: pollyl

+1(828) 443-5407

Polly Leadbetter

215 Merchant ST Asheville, NC 28803

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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215 Merchant ST