Listing
$2,500,000
215 N••••• Bear Creek Rd (Sign up for 50 free credits to unlock)Asheville, NC 28806
Property Description
Prime West Asheville Development Opportunity! This 5.94-acre parcel is zoned RM6 and offers outstanding potential for multi-family development. A completed feasibility study by engineering firm confirms plans on file for eight buildings totaling approximately 96,000 square feet to be built. With over 700 feet of paved road frontage and access to city water, city sewer, and natural gas, the property is well-positioned for immediate development. Currently improved with two tenant-occupied residential homes. Please no drive-bys-do not disturb the tenants. Rare opportunity to invest in one of Asheville's most desirable and fast-growing locations!
Property Facts & Features
- Property Type
- Land
- Status
- Active
- Listed
- Feb 26, 2025
- ZIP Code
- 28806
- Property Tax (2025)
- $1,639/yr
- Assessed Value
- $165,900
- Last Sold
- $375,000 · Dec 18, 2022
- County
- Buncombe
- School District
- Buncombe County Schools
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Additional Parcels Description: 9628489341 / 9628489696 / 9628580148
- Lot Description: Cleared, Paved, Rolling Slope
- Lot Size Acres: 5.94
- Lot Size Square Feet: 258746
Utilities
- Sewer: Public Sewer, Tap Fee Required
- Water Source: City, Tap Fee Required
Rental Info
- Lease Considered: No
Garage and Parking
- Open Parking: No
School Information
- Elementary School: Johnston/Eblen
- High School: Clyde A Erwin
- Middle School: Clyde A Erwin
Other Property Info
- Source Listing Status: Active
- County: Buncombe
- Directions: GPS
- Restrictions: No Representation
- Elevation: 2000
- Possible Use: Development, Multi-Family, Private Estate, Recreational, Residential, Subdevelopment
- Parcel Number: 9628-48-9428-00000
- Postal Code Plus 4: 1806
- Zoning: RM6
- Zoning Description: RM6
- Property Subtype: Acreage
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Habitable Residence: Yes
Exterior and Lot Features
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Feb 26, 2025 | Listed | $2,500,000 | - |
| Feb 18, 2025 | Listed | $2,500,000 | - |
| Dec 18, 2022 | Sold | $375,000 | $286 |
| Dec 5, 2005 | Sold | $130,000 | $99 |
| Oct 9, 1991 | Sold | $58,000 | $44 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2025 | $1,639 | $165,900 | $50,900 | $115,000 | $165,900 |
| 2024 | $1,537 | $165,900 | $50,900 | $115,000 | $165,900 |
| 2023 | $1,494 | $165,900 | $50,900 | $115,000 | $165,900 |
| 2022 | $1,478 | $165,900 | $50,900 | $115,000 | $165,900 |
| 2021 | $1,478 | $165,900 | $50,900 | $115,000 | $165,900 |
| 2020 | $1,584 | $165,400 | $44,000 | $121,400 | $165,400 |
| 2019 | $1,584 | $165,400 | $44,000 | $121,400 | $165,400 |
| 2018 | $1,584 | $165,400 | $44,000 | $121,400 | $165,400 |
| 2017 | $1,600 | $165,400 | $44,000 | $121,400 | $165,400 |
| 2016 | $1,271 | $117,800 | $33,300 | $84,500 | $117,800 |
| 2015 | $1,271 | $117,800 | $33,300 | $84,500 | $117,800 |
| 2014 | $1,253 | $117,800 | $33,300 | $84,500 | $117,800 |
Nearby Schools
- Johnston Elementary0.2 mi
Public · Elementary · Grades K-4
- Clyde A Erwin Middle School2.2 mi
Public · Middle · Grades 7-8
- Clyde A Erwin High2.2 mi
Public · High · Grades 9-12
- Eliada Academy0.5 mi
Private · Elementary, Middle, High · Grades 1-11
Location
Lat 35.58796 · Lng -82.61676