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 topographya 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.
| MLS # | 4329977 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 249 |
| Listing Provided By | Godfrey Realty | David Godfrey |
| Acreage | 8.76 |
|---|---|
| Water Front | Yes |
| Lot Features | Creek Front, Level, Private, Rolling Slope, Creek/Stream, Wooded, Views, Waterfall |
|---|
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 171400 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Swannanoa |
| Zip Code | 28778 |
| Area | Buncombe |
| School District | Charles D Owen |
| Elementary School | WD Williams |
| High School | Charles D Owen |
| Listing VS Median (in 28778) | |
Price: $1,400,000 low | high Med: $429,000 On site: 249 low | high Med: 76 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Swannanoa |
| Zip Code | 28778 |
| Area | Buncombe |
| School District | Charles D Owen |
| Elementary School | WD Williams |
| High School | Charles D Owen |
| Listing VS Median (in 28778) | |
Price: $1,400,000 low | high Med: $429,000 On site: 249 low | high Med: 76 | |