Thank you
Greg Palombi
The Real Estate Center
828-255-4663
Great build and hold opportunity! 72 Proposed and Asheville City Council approved 840sf Condominium units 5 minutes from downtown Asheville. 4 Buildings with 12 units and 3 Buildings with 8 units. Per civil engineer and owner the property is currently in the process of permitting and subsequently out for bid to have a construction budget. The current condominium/townhomes from an earlier phase were completed in 2007 and are 2/2bath units with approximately 1,200-1,300sf and the last two sales have been $230,000 and $240,000 per mls. Great location and the project is suitable for stick-built or off-frame modular construction.
WaterSource: City
Other - See Remarks
Road Responsibility: Publicly Maintained Road
Lot Description: Cleared, Corner Lot, Level, Sloped
Lot Size Area: 5.29 acre
Lot Square Feet: 230432
Lot Acres: 5.29
Property Type: Land
Sub Type: Unimproved Commercial
Original List Price: $2600000
Tax Assessed Value: 247900
Parcel Number: 9628270626
Elementary School: Johnston/Eblen
Junior High School: Joe P Eblen
Senior High School: Unspecified
Cable Connected, Electricity Connected, Phone Connected
Sewer: Public Sewer
Water Source: City
Subdivision: Villas At Cedar Hill
City: Asheville
Direction: From downtown Asheville head west on I-240 W, merge onto US 19-23 (Patton Avenue) via Exit 3A and go 1.73 miles. Turn right onto Johnston Blvd and go 1.15 miles. Turn slight left onto Cedar Hill Rd and go 0.07 miles. Turn left to stay on Cedar Hill Rd and go 0.20 mile. Take 2nd left onto Villas Ct.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
0000 New Leicester High.., Asheville, NC,28806 | $1,200,000 | 3 | 1 | 1,032 | 5.39 Acres |
213 Torch Light Way #5, Asheville, NC,28806 | $741,590 | 2 | 3 | 2,074 | 0.16 Acre |
129 Rough Bark Trail #78, Asheville, NC,28806 | $676,101 | 3 | 3 | 1,549 | 0.15 Acre |
Acton Circle, Asheville, NC,28806 | $425,000 | -- | -- | -- | 1 Acre |
99999 Patton Avenue, Asheville, NC,28806 | $425,000 | -- | -- | -- | 1.57 Acres |
TBD Pisgah View Road, Asheville, NC,28806 | $199,900 | -- | -- | -- | 2.37 Acres |
11 Hazelnut Drive, Asheville, NC,28806 | $525,000 | 3 | 2 | 2,604 | 4.36 Acres |
67 Oak Hill Drive, Asheville, NC,28806 | $425,000 | -- | -- | -- | 2.1 Acres |
755 Old Brevard Road #3.., Asheville, NC,28806 | $225,000 | -- | -- | -- | 0.41 Acre |
61 Destination Drive #42, Asheville, NC,28806 | $120,000 | -- | -- | -- | 0.45 Acre |
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Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/29/2024 @ 06:20
MLS: CAROLINA #3793359
LISTED BY: Greg Palombi, The Real Estate Center
SOURCE: CAROLINA (Canopy MLS)
Buyer Agency Compensation: 4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.