$2,500,000

Estimated payment $13,962/month

Total Views 4,993
6 Acres
$420,875 Price per Acre
258,746 Sq Ft Lot

About This Lot

Prime West Asheville Development Opportunity! This 5.94-acre parcel is zoned RM6 and offers outstanding potential for multi-family development. A completed feasibility study by engineering firm confirms plans on file for eight buildings totaling approximately 96,000 square feet to be built. With over 700 feet of paved road frontage and access to city water, city sewer, and natural gas, the property is well-positioned for immediate development. Currently improved with two tenant-occupied residential homes. Please no drive-bys—do not disturb the tenants. Rare opportunity to invest in one of Asheville’s most desirable and fast-growing locations!

Listing Agent

Mike Zboyovski

Ivester Jackson Blackstream Brokerage Email: mikezibby@ijbproperties.com License #219105 Listed on: 02/27/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,538

Lot Details

  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Possible uses of the property include Development, Multi-Family, Private Estate, Recreational, Residential, Subdevelopment
  • Property is zoned RM6

Schools

  • Johnston/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 9628-48-9428-00000

Property Details

Property Type

Land

Est. Annual Taxes

$1,538

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: mikezibby@ijbproperties.com
  • Special Features: None

Interior Features

  • Possible Use: Development, Multi-Family, Private Estate, Recreational, Residential, Subdevelopment

Exterior Features

  • Waterfront Elevation: 2000

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Paved, Rolling Slope
  • Lot Size Area: 5.94
  • Lot Size Units: Acres
  • Parcel Number: 9628-48-9428-00000
  • Zoning: RM6
  • Additional Parcels Description: 9628489341 / 9628489696 / 9628580148
  • Zoning Specification: RM6

MLS Schools

  • Elementary School: Johnston/Eblen
  • High School: Clyde A Erwin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,538 $165,900 $50,900 $115,000
2022 $1,478 $165,900 $0 $0
2021 $1,478 $165,900 $0 $0
2020 $1,584 $165,400 $0 $0
2019 $1,584 $165,400 $0 $0
2018 $1,584 $165,400 $0 $0
2017 $1,601 $117,800 $0 $0
2016 $1,271 $117,800 $0 $0
2015 $1,271 $117,800 $0 $0
2014 $1,253 $117,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 For Sale $2,500,000 0.0% --
02/19/2025 02/19/25 For Sale $2,500,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $124,000 New Conventional
Previous Owner $130,000 Fannie Mae Freddie Mac
Previous Owner $89,000 Unknown
Previous Owner $49,000 Credit Line Revolving
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4227390

Canopy MLS (Canopy Realtor® Association)

APN: 9628-48-9428-00000