+40 more

45 photos

$1,150,000

Asheville, NC 28805

Listed by Eric Grant · Appalachian Realty Associates

Bedrooms

N/A

Bathrooms

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Living area

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Year built

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About this home

Prime RM-6 Development Opportunity in Kenilworth – 2.23 Acres with Vintage Home Unlock the potential of 2.23 acres in Asheville’s highly desirable Kenilworth neighborhood, zoned RM-6 for medium-density residential development. This rare in-town parcel offers multiple paths to value (buyer to verify): subdivide for townhomes or cottage clusters, establish a tiny home community, or restore the existing 1927 brick Arts & Crafts residence as a family home or boutique bed & breakfast. The existing home features original wood floors; built-ins; vintage windows; a deep, red ceramic tile front porch; and a second-story flex space with sink, range, and mini-fridge—ideal for guests or creative use. With Beaucatcher Road frontage, sewer access, and privacy in a central location just minutes from downtown Asheville, Mission Hospital, and Biltmore Village, this property offers both immediate utility and long-term upside. This property is ideal for developers, investors, or visionaries seeking a blend of classic charm and urban scalability.

Property details

MLS #: CAR4314817
Property type: Acreage
Subdivision: Kenilworth
Status: Active
Days on market: 231
On market date: October 21, 2025
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

Haw Creek Elementary

1.56 mi away · Grades 0-5

Zoned school (attendance boundary, 2015-16 data)

4.3

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: B (2025)

Enrollment: 355
Student:teacher ratio: 11.8:1
District: Buncombe County Schools

Middle

Reynolds Middle

4.21 mi away · Grades 6-8

Zoned school (attendance boundary, 2015-16 data)

3.3

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: C (2025)

Enrollment: 523
Student:teacher ratio: 14.5:1
District: Buncombe County Schools

High

Early College

1.89 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

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Est. monthly payment

$7,075/mo

$230,000 down

$920,000 loan

Principal & interest$5,967

Property tax (est.)$958

Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 9, 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.