215 N Bear Creek Road, Asheville, NC

$2,500,000

Listing courtesy of Ivester Jackson Blackstream (Mike Zboyovski). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

215 N Bear Creek Road, Asheville, photo 1 of 8215 N Bear Creek Road, Asheville, photo 2 of 8215 N Bear Creek Road, Asheville, photo 3 of 8215 N Bear Creek Road, Asheville, photo 4 of 8215 N Bear Creek Road, Asheville, photo 5 of 8215 N Bear Creek Road, Asheville, photo 6 of 8215 N Bear Creek Road, Asheville, photo 7 of 8215 N Bear Creek Road, Asheville, photo 8 of 8

About the home

Prime West Asheville Development Opportunity! This 5.94-acre parcel is zoned RM6 and offers outstanding potential for multi-family development. A completed feasibility study by engineering firm confirms plans on file for eight buildings totaling approximately 96,000 square feet to be built. With over 700 feet of paved road frontage and access to city water, city sewer, and natural gas, the property is well-positioned for immediate development. Currently improved with two tenant-occupied residential homes. Please no drive-bys—do not disturb the tenants. Rare opportunity to invest in one of Asheville’s most desirable and fast-growing locations!

Price in context

  • 48th highest asking price of 183 active $1.5M+ homes in Asheville.
  • No price changes since it was listed.
  • 307 days on the market, listed 2025-02-27.
  • County tax assessment $523,600; the asking price is 4.77× the assessed value.

Location

Neighborhood: None, Buncombe County, ZIP 28806.

Assigned schools

  • Elementary: Johnston/Eblen
  • Middle: Clyde A Erwin
  • High: Clyde A Erwin

School assignments come from the listing and can change; confirm with the district.

Features

Lot
Cleared, Paved, Rolling Slope
County
Buncombe

Comparable homes on the market

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.