INNOVATE
Real Estate
96,000 Square Feet - Ready To Build - Proposed Property Layout
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
RM6 - Public Water / Sewer - Ready for Development
13 photos

$2,500,000

Asheville, NC 28806
Listed by Mike Zboyovski · Ivester Jackson Blackstream
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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!

Property details

MLS #
CAR4196903
Property type
Acreage
Subdivision
None
Status
Active
Days on market
315
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Johnston Elementary
0.22 mi away · Grades 0-4
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
206
Student:teacher ratio
11.4:1
District
Buncombe County Schools
Middle
Eblen Intermediate
2.2 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
593
Student:teacher ratio
14.1:1
District
Buncombe County Schools
High
Early College
3.57 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Mortgage calculator

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated January 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.