648 Sand Hill Rd Asheville, NC 28806
West Asheville NeighborhoodEstimated payment $8,663/month
About This Home
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.
Listing Agent
Preferred Properties Brokerage Email: grady@preferredprop.com License #328881 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,716
Year Built
- Built in 1939
Lot Details
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 9627-68-1713-00000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,716 | $230,900 | $88,900 | $142,000 |
| 2023 | $1,716 | $190,400 | $91,700 | $98,700 |
| 2022 | $1,696 | $190,400 | $91,700 | $98,700 |
| 2021 | $1,696 | $190,400 | $0 | $0 |
| 2020 | $1,419 | $148,100 | $0 | $0 |
| 2019 | $1,419 | $148,100 | $0 | $0 |
| 2018 | $1,419 | $148,100 | $0 | $0 |
| 2017 | $1,433 | $109,200 | $0 | $0 |
| 2016 | $708 | $109,200 | $0 | $0 |
| 2015 | $708 | $109,200 | $0 | $0 |
| 2014 | $699 | $109,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $1,599,000 | +363.5% | -- |
| 11/21/2023 11/21/23 | Sold | $345,000 | -13.8% | $340 / Sq Ft |
| 08/11/2023 08/11/23 | Price Changed | $400,000 | -11.1% | $394 / Sq Ft |
| 07/31/2023 07/31/23 | For Sale | $450,000 | +166.3% | $444 / Sq Ft |
| 07/22/2016 07/22/16 | Sold | $169,000 | 0.0% | $151 / Sq Ft |
| 04/06/2016 04/06/16 | Pending | -- | -- | -- |
| 04/02/2016 04/02/16 | For Sale | $169,000 | -- | $151 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $344,000 | None Listed On Document | |
| Deed | $266,222 | None Listed On Document | |
| Warranty Deed | $169,000 | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $326,800 | New Conventional | |
| Previous Owner | $196,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $156,000 | Commercial | |
| Previous Owner | $135,200 | Commercial |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4285123
APN: 9627-68-1713-00000
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