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For SaleMLS #4391870

215 Merchant Street

Asheville, NC, 28803

$399,000

Key Facts

Bedrooms
3
Bathrooms
1
Living Area
720 sqft
Year Built
1965
Type
Residential · Single Family Residence
Status
For Sale

About This Property

Nearly one acre with a creek, a charming Oakley cottage, and exceptional future potential—all just minutes from Biltmore Village. Properties like this are becoming increasingly difficult to find in Asheville. Situated on approximately 0.97 acres, this unique property combines usable land, mature trees, a peaceful creek, and a charming cottage in one of Asheville's most convenient locations. The cottage has been updated where it counts while still offering opportunities for future improvements and personalization. Move in and enjoy it as it is, continue updating it over time, or explore the property's long-term potential. For homeowners, the property offers a rare opportunity to enjoy a private, park-like setting with room to garden, entertain, play, or simply enjoy nearly an acre of land within the city. For investors, builders, and developers, preliminary research indicates the property may be suitable for a variety of future development concepts, including the potential for subdivision or a cottage development utilizing the existing residence along with additional units, subject to buyer verification, design, permitting, and all applicable approvals. The property's size, layout, city water and sewer availability, and natural open-space features create a unique opportunity rarely found this close to downtown Asheville. Enjoy the beauty of a peaceful creek without the burden of a designated FEMA flood hazard area. According to current FEMA mapping, the property is not located within a FEMA Special Flood Hazard Area. Buyer to verify if important. Whether you're searching for a private residence, investment property, family compound, or future development opportunity, this property offers a rare combination of location, land, and flexibility. Survey available for review. Agent/owner. New range and dishwasher to be installed prior to closing.

Location

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Approximate location: Asheville, NC, 28803.

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