10 Acres Charlotte HighwayAsheville, NC 28803Price: $950,000

  • Price: $950,000
  • Est. Mortgage of $/month
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%
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $950,000List Price
  • 10Acreage

Listing Tools

Biltmore Township. 3 miles to I 40, I 240, Blue Ridge Parkway & Asheville Ideal for three to six large multi-family/commercial buildings with lower and upper parking (Needs County approval). Public water, Public sewer (97,500 gallons per day allocation for 250,000 sf of commercial and 800 bedrooms), gas, electric, cable phone on prime corner location at the top of the mountain (Minehole Gap) (over 20,000 cars per day), double access curb cut on 5 lane Hwy 74A, with long range views. Currently zoned R-LD. Buyer would need to appeal for commercial or multifamily "conditional use". Approved for commercial use by Buncombe County Planning Board but not by the commissioners. 6 acres usable with three plateaus, 4 acres steep backdrop for community space. Total of 1800 feet of road frontage (900' on Hwy 74A, 600' on Cedar Mountain Road and 300' owned on Atherton). Previously under contract for $1,100,000 for assisted living facility. Owner Broker, Cash investor wanted for joint venture.

More Info

Basic Information

  • ForeclosureN
  • List Price$950,000
  • MLS NumberCAR3637875
  • MLS StatusActive

Property

  • Acreage10
  • Lot DescriptionCorner Lot, Paved, Views, Wooded
  • Water Source City
  • ZoningR-LD

Water Body

  • Waterfront["Corner Lot", "Paved", "Views", "Wooded"]

Tax Information

  • Taxes$158,000

Basic Information

  • Property SubTypeLand

Location

  • Building Number10 acres
  • Community Features None
  • CountyBuncombe
  • Directions From I-40 (exit 53A), I-240 (exit 9), and the Blue Ridge Parkway, take 5 lane Scenic Highway 74A S/E for 3 miles, at top of Minehole Gap, property on right at sign, borders Highway 74A (900 foot frontage), Cedar Mountain Road (600 foot of frontage) and Atherton Way (owns 300 feet of rear access gravel road) for a total of 1800' road frontage.
  • Road Surface Type Gravel, Paved
  • StateNC
  • StreetCharlotte Highway
  • Zip28803

School Information

  • Elementary SchoolOakley
  • High SchoolAC Reynolds
  • Junior HighAC Reynolds

Building

  • Elevation 2000

Utilities

  • Sewer Public Sewer

Amenities

  • ViewLong Range, Mountain(s), Winter

Other

  • View Count5

Map Location

Driving Directions

Listed by Allen Helmick of Cool Mountain Realty (allenhelmick@gmail.com)

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of December 8, 2024 8:15 AM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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