Attention Builders/Investors! Unlock significant ROI with this high potential development opportunity in the rapidly growing corridor of Woodfin, located just 10 mins north of downtown Asheville! Pre-inspected classic 1930's 2 bedroom/1 bath bungalow (may be possible to convert additional bedroom/bath) that creates immediate value as a renovation flip or rental hold. Charming wood floors, woodburning fireplace with insert, good sized rooms and loads of potential! Large .965 acre +/- lot unlocks potential multiple lots as use-by right for residential or multi-family uses. Property is outside steep slope ordinance and any flood zones! Water and sewer allocation approvals on file and recent boundary survey completed. See conceptual images for possible 3 or 4 lot configurations as minor lot subdivision but buyer/agent to confirm, subject to Woodfin Planning Department on final approvals. Lots should offer long range year round views of mountains and French Broad River depending on layout and height of future buildings. Less then 1 mile from historic Asheville Cotton Mill Studios, Woodfin Riverside Park and Taylor's Wave - a worldclass whitewater wave under construction for kayakers and surfers with an estimated $4.8 million price tag! Oil tank needed for oil furnace. Sold As-IS, seeking cash buyers ONLY. Don't delay as opportunities like this don't come around often and price is aggressive! Owners/list agents.
Property Type(s):
Single Family
|
Tract
|
None
|
Year Built
|
1930
|
|
Community
|
None
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Woodfin/Eblen |
| Jr. High School |
Clyde A Erwin |
| High School |
Clyde A Erwin |
Additional Details
| AIR |
None |
| APPLIANCES |
Electric Oven, Electric Range, Refrigerator |
| BASEMENT |
Crawl Space |
| FIREPLACE |
Yes |
| HEAT |
Forced Air, Oil |
| LOT |
0.965 acre(s) |
| LOT DESCRIPTION |
Level, Sloped, Views |
| LOT DIMENSIONS |
0.965 |
| MLS STATUS |
Active |
| PARKING |
Detached Carport, Driveway |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Bungalow |
| SUBDIVISION |
None |
| UTILITIES |
Electricity Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s), Water |
Location
Listed with Keller Williams Professionals
Date last updated: 1/6/26 11:19 PM PST
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This IDX solution is (c) Diverse Solutions 2026.
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