Views
Address
203 Martin Road, Swannanoa, NC
Price
$ 2,500,000
Property Attributes
  • ID#4052471
  • TypeCommercial
  • CountyBUNCOMBE
  • CitySwannanoa
  • AreaBuncombe County
  • Zip28778
  • StyleUnimproved Commercial
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.5 Acres
Data Source:
Canopy MLS
Property Description

Welcome to 203 Martin Road—4.5 acres of flat, level land in the heart of growing Swannanoa, North Carolina. Gorgeous property with incredible development potential. Scenic mountain views are available to the east, north, and west. Rectangular lot shape allows for various configurations of development. Topography is flat in every direction. R-3 zoning allows Level 1 Planned Unit Developments per approval from the Buncombe County Board of Adjustments (the BOA recently approved a 60-unit senior living development on the adjacent 1.8-acre property). Water, electric, and sewer utility are on site (the sewer is on a 4' line). The property offers convenience and immediate proximity to essential services, grocery stores, restaurants, manufacturers, and schools. A 985-square-foot home (built in 1949) and a mobile home are onsite with month-to-month leases. No value is placed on the structures. Property is available on an "as-is" basis.

Price History
7/21/2023 Listed $2,500,000

General Features

Year Built 1949
Property SubType Unimproved Commercial
County Buncombe
New Construction No
Property Type Commercial Sale
Possible Use Development,Multi-Family
Directions Located in the heart of growing Swannanoa,NC,the property at 203 Martin Road is approximately 11 miles from Downtown Asheville (15-minute drive) and 5.5 miles from Downtown Black Mountain (10-minute
City Swannanoa
Street Name Martin
Standard Status Active
CAR_HOASubjectTo None
Restrictions No Restrictions
Tax Assessed Value 234000
Virtual Tour https://youtu.be/Hed_ALykjTY

Interior Features

Street Suffix Road

Exterior Features

Inclusions N/A
Lot Size Area 4.5
Lot Size Units Acres
Road Responsibility Publicly Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28778

Price
AVG $690K
$2.5M
Visits
AVG 187
325
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1949

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