$550,000
About this home
Two separate parcels totaling 3.72 acres in beautiful East Asheville offer exceptional potential for development or the creation of a private estate. This level property features city water and sewer access, along with approximately 800 feet of road frontage—400 feet along New Haw Creek Road and 400 feet along Keenan Drive. Zoned RS-4, this versatile offering presents a rare opportunity in a highly desirable location. An existing colonial home is present on the property and is given no value. A portion of the property lies within a floodplain. Picture your dream home, or think bigger—subdivide to create a boutique enclave of homes or a sleek multifamily investment. Enjoy a quiet mountain-valley setting while remaining just minutes from Downtown Asheville, the Blue Ridge Parkway, Mission Hospital, the VA Medical Center, as well as local restaurants, grocery stores, parks, and schools. Spend your days exploring Asheville’s renowned food scene, unique shops, art galleries, breweries, and live music, then return home to fresh mountain air and scenic surroundings. This location offers the perfect balance of convenience, adventure, and mountain living. Buyer and buyer’s agent to verify all development options and utilities. Additional Parcel address is 15 Keenan Rd. Asheville PIN 965899068600000
Property details
- MLS #
- CAR4356614
- Property type
- Acreage
- Subdivision
- N/A
- Status
- Active
- Days on market
- 81
- On market date
- March 24, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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).
- Enrollment
- 355
- Student:teacher ratio
- 11.8:1
- District
- Buncombe County Schools
- Enrollment
- 523
- Student:teacher ratio
- 14.5:1
- District
- Buncombe County Schools
- 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).
Market position
How this listing compares to current activity in Asheville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 13, 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.