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Acreage at Asheville
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$1,150,000

Asheville, NC 28805
Listed by Eric Grant · Appalachian Realty Associates
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

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
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

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

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks18
Schools10
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 231 days -- 104 more days than Asheville's current average of 127 days.
For reference, the median list price across 1,243 active listings in Asheville right now is $505,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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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.