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 topography?a 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.
Listed By
Agency Name: Godfrey Realty
Agency Contact: godfreyrealtyteam@gmail.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 7,859.72 per month $7,451.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
000 Lytle Cove Road | MLS# 4329977
This land located at 000 Lytle Cove Road, Swannanoa, NC 28778 is currently listed for sale with an asking price of $1,400,000. The property has approximately 8.76 Acres. Search Swannanoa real estate on www.lakenormanrealty.com today.