Acreage at 55 Blalock Avenue, Asheville
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$450,000

55 Blalock Avenue
Asheville, NC 28803
Listed by Peter Lorenz · Keller Williams Professionals
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare infill opportunity in Asheville's established Oakley area. Offered together, 55 Blalock Avenue and adjoining 99999 Blalock Avenue comprise two existing parcels totaling approximately .95 acres (.59 acres and .36 acres). The property is currently improved with a circa-1940 residence and several older outbuildings, but its size and configuration offer compelling redevelopment potential. A future owner may choose to renovate the existing home or explore removal of the improvements and reconfiguration of the property for multiple infill homesites. Approximately 300 feet of frontage along Blalock Avenue, with additional access considerations along Lowe Avenue. Existing road/right-of-way crosses a portion of the property. Public utilities available in the area. Property is being offered as-is; no subdivision approval is represented or implied. Buyers and builders should independently verify zoning, utility capacity, access, lot yield, and development feasibility with the City of Asheville and appropriate professionals. A great opportunity to acquire nearly an acre across two parcels within the city limits and determine its next chapter.

Property details

MLS
Canopy MLS
MLS #
CAR4424975
Property type
Acreage
Subdivision
none
Status
Active
Days on market
N/A
On market date
September 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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.

Elementary
Oakley Elementary
0.67 mi away · Grades 0-5
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
447
Student:teacher ratio
13.5:1
District
Buncombe County Schools
Middle
Reynolds Middle
2.9 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
1.88 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks5
Schools4
Transit stops20
Pharmacies4

Market position

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

On the market 0 days -- 120 fewer days than Asheville's current average of 120 days.
For reference, the median list price across 1,585 active listings in Asheville right now is $485,000.

Mortgage calculator

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

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 16, 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.