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20 Merchant Street, Asheville, NC 28803

$139,000
  • 20 Merchant Street, Asheville, NC 28803 Main Photo

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Active
LOT SIZE 0.100 acres MLS#4309679
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONOakley

Property Description

This is a rare opportunity to secure the last of three premium plots in the center of Asheville's Oakley neighborhood ? a walkable community steeped in local history. The land and street carry the name of their original owner, L. L. Merchant, known for constructing Asheville's tallest Gothic Revival building, The Jackson, in 1924. Designed with two anti-erosion terraces and a newly constructed rear retaining wall, this primed parcel is ready for your architectural vision. Direct connections are in place for natural gas, electricity, cable, city recycling, hydrant access, public works, and dedicated frontage for a city-installed sidewalk, meaning you can break ground without delay. In addition to the infrastructure, the land is already alive. Mature ten-year-old fruit trees ? including Asian plum, apricot, and muscadine vine ? produce thousands of pieces of fruit each season, making this not just a lot, but an urban orchard.The RS8 zoning unlocks extraordinary building potential that sets this lot apart from virtually anything else on the Asheville market. At 2,100 feet elevation with unrestricted views, a primary structure can rise to a full 40 feet ? tall enough for a rooftop deck to capture panoramic views of Asheville's iconic mountain sunsets over Mount Pisgah and the Blue Ridge. Better still, modern zoning also permits a separate Accessory Dwelling Unit (ADU) up to 25 feet tall, allowing an 800-square-foot guest house ? flexibility that dramatically amplifies the investment value.A perfect location seals the case. Just one mile from Biltmore Village, Whole Foods, and Asheville Mall, and a five-minute walk to Oakley Park's tennis and pickleball courts, the public library, and Oakley Elementary ? and only one minute from the fire and police departments ? 20 Merchant Street places you in one of the city's most convenient and community-rooted neighborhoods. Contact me today and let's make your dream home a reality.

20 Merchant Street | MLS# 4309679

This land located at 20 Merchant Street, Asheville, NC 28803 is currently listed for sale with an asking price of $139,000. The property has approximately 0.10 Acres. Search Asheville real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.10 Acres

Feature Descriptions

Days on Site: 180
Lot: Wooded
Parcel#: 9657-39-9073-00000
Sewer: Public Sewer
Utilities: Natural Gas
Water: City

Local Schools

High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By / Shown By

Listed By

Agency Name: Town and Mountain Realty
Agency Contact: seth@townandmountain.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 780.36 per month $739.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.54 Homeowner's Insurance

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