Town & Mountain Realty

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1904 Us 70 HighwaySwannanoa, NC 28778Price: $425,000

  • Price: $425,000
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 6.42% last updated on Mar 23, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $425,000List Price
  • 8.5Acreage
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Was told in 2021 that the property is allowed to have a maximum of 96 units but will end up being a little less after going through erosion control and other various Buncombe county committees, buyer to verify the number of units allowed. Great development potential in desirable Swannanoa with immediate access to 4-lane Hwy 70 and minute to I-40, busy Tunnel Rd, and beautiful Downtown Asheville and Black Mountain! City water, City sewer, and electricity at site with no restriction make this 8.5 acres a great, versatile money maker. The mountain views make this property perfect for condo/townhomes, multi-family units, or subdivide for single-family residential. Additional 1.35 acres with house available

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Listed by David Godfrey of Godfrey Realty

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