$1,400,000

About this home

Exceptional development or estate opportunity in Swannanoa. This offering includes 8.756 acres of gently lying, wooded land, plus an additional .079-acre road right-of-way, parcel B on survey, at the front providing over 100+ feet of road frontage for excellent access (ROW not owned by seller but benefits ingress/egress). Public utilities are nearby, with a 6-inch public water line available to the northern property line along Gibbs Street right-of-way, and there's a 6-inch public sewer line located a short distance from the property. With the extension of water and sewer, preliminary evaluations indicate the potential for approximately 25–30 lots. Current zoning would allow duplex construction of those lots, creating the possibility of 50–60 total units, subject to approvals. The property features multiple small streams, is not located in a designated flood zone, and offers highly buildable topography—a rare combination for a tract of this size. A site development opinion has been completed, and when considering topography, access, and utilities, the property presents strong development potential. Alternatively, the property would make a beautiful private estate, family compound, or long-term investment hold, offering privacy, natural beauty, and convenient proximity to Swannanoa, Black Mountain, and the greater Asheville area. A rare opportunity combining scale, infrastructure access, and zoning flexibility in a rapidly growing market. Zoning, density, and utility availability to be verified by the buyer with Buncombe County, the Town of Swannanoa, and applicable utility providers.

Property details

MLS

Canopy MLS

MLS #

CAR4329977

Property type

Acreage

Subdivision

N/A

Status

Active

Days on market

1

On market date

December 18, 2025

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

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.