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TBD Overlook RoadAsheville, NC 28803MLS Number CAR3824490

  • Price: $3,200,000The price has recently decreased
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Est. Mortgage: $/month

Federal 30-year interest rate: 5.3% last updated on 2022-05-12

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TBD Overlook Road Asheville NC 28803TBD Overlook Road Asheville NC 28803TBD Overlook Road Asheville NC 28803TBD Overlook Road Asheville NC 28803TBD Overlook Road Asheville NC 28803
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  • 20.93Acreage
  • ActiveMLS Status
  • $268,400Taxes
  • 1500Elevation
We are pleased to present this rare opportunity to purchase a +-20.9 acre infill tract in the highly desirable Overlook Road area of South Asheville. Near Biltmore Park, this high traf?c thoroughfare is arguably one of the most desirable areas for residential growth in the market, with virtually no new construction available. This property is entitled for 40 duplexes (80 townhome style units) on 40 lots. The seller believes that approval for an 80 lot subdivision, creating true townhomes, could be obtained. The site design was completed by Brooks Engineering and all permits are in hand or are available subject to posting a bond for stormwater. The seller will convey the design and entitlements, or the buyer is welcome to pursue their own plans for this site. *Additional DD materials upon request - Ph I Environmental Report, Easements with adjoining property owners, Numerous Permit and Approval documents, Traf?c Impact Analysis, Geotech, Full Architectural (To be negotiated).
Listed by Don Bell and Patrick Johnson of NAI Beverly-Hanks

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Basic Information

  • ForeclosureN
  • List Price$3,200,000
  • MLS NumberCAR3824490
  • MLS StatusActive
  • Property SubTypeCOMMERCIAL


  • Roof None


  • Cooling None
  • Heating None
  • Utilities City Sewer


  • View Count7

Tax Information

  • Taxes$268,400


  • Building NumberTBD
  • CountyBuncombe
  • Directions Hendersonville Rd S to Overlook Rd. Travel approximately 1 Mile to property on the Rt. Turn at Delchester Ln.
  • StateNC
  • StreetOverlook Road
  • Zip28803

Basic Information


  • Elevation 1500
  • Foundation Details None


  • Acreage20.93
  • Parking Spaces

Property Information

  • Construction Materials Other
  • Inclusions Land

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of May 17, 2022 4:26 PM EDT . All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website.

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