Unique Opportunity for large home and developable property in highly desirable 5 Points neighborhood, walkable to Downtown and greenways. Potential for medium density residential development, zoned RS8. This rare in-town parcel, offers multiple paths for value: subdivide for cottages, or a few higher-end homes, or an enclave (subdivision registered with city, BUYER to verify). Additional lot zoned NCD (same owners) may be sold separately or as a package. The existing home, lovingly restored by current owners, features high ceilings, heart pine floors, wood burning fireplace in kitchen with 5 additional tile-front fireplaces. Beautiful period details throughout. Wraparound front porch that opens to a courtyard and large 2012 addition of family room and 2 bedrooms, including large primary suite. Lush landscaping and gardens abound. Legal Homestay on main level grosses over $25,000 annually. Parcel below on Broadway (NCD zoning -same owner) and can be sold separately or as a package (call for info). Shop lot to left of driveway (Min. 1/4 acre) included with this listing but may be purchased without lot (see MLS 4299259). Currently working w/City to rezone lot to RS8. Seller to retain shop use for up to 1 year.
Property Type(s):
Single Family
|
Tract
|
None
|
Year Built
|
1920
|
|
Community
|
None
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Asheville City |
| Jr. High School |
Asheville |
| High School |
Asheville |
Additional Details
| AIR |
Central Air, Heat Pump, Zoned |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Bar Fridge, Dishwasher, Disposal, Down Draft, Gas Range, Refrigerator, Warming Drawer, Washer/Dryer |
| BASEMENT |
Crawl Space, Unfinished, Yes |
| FIREPLACE |
Yes |
| HEAT |
Central, Electric, Forced Air, Heat Pump, Natural Gas, Radiant Floor, Zoned |
| INTERIOR |
Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Wet Bar |
| LOT |
1.25 acre(s) |
| LOT DESCRIPTION |
Level, Private, Wooded |
| LOT DIMENSIONS |
1.25 |
| MLS STATUS |
Active |
| PARKING |
Circular Driveway, Driveway |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Arts and Crafts |
| SUBDIVISION |
None |
| UTILITIES |
Natural Gas Available |
Location
Listed with Howard Hanna Beverly-Hanks Asheville-Downtown
Date last updated: 5/14/26 4:50 AM PDT
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