280 S Broad Street, Brevard, NC

The convergence of South Broad Street and the forthcoming Ecusta Trail marks a significant shift in Brevard’s urban landscape, offering a rare 1.42-acre assemblage just three blocks from the cultural heart of Main Street. Comprising three contiguous parcels, the site is positioned to be delivered at closing with full entitlements for a 32-unit townhome community, effectively removing the traditional barriers to entry in this tightly held market. The property’s DMX zoning and level topography accommodate a diverse range of high-density uses, from hospitality to medical office, supported by essential city utilities and high visibility along US-64. For the strategic investor, this offering addresses a critical shortage of sophisticated inventory within walking distance of Brevard College and the regional hospital. As local demand continues to outpace supply in the luxury residential sector, fully entitled projects of this scale represent a stabilized entry point into the Blue Ridge corridor. Private consultations regarding the assemblage and projected development timelines are available through Peters & Associates.

About the home

Prime In-Town Development Opportunity – Fully Entitled 32-Unit Townhome Project (Delivered at Closing) 280 S Broad Street, Brevard, NC 28712 Total Assemblage: ±1.42 Acres (3 Parcels) This ±1.42-acre, three-parcel assemblage represents one of the most strategically located development opportunities in Brevard. The seller currently owns two parcels (±1.05 acres) and is under contract to acquire the third parcel (±0.37 acres), with all three to convey together. At closing, the site can be delivered fully entitled for a 32-unit townhome community, giving a buyer a ready-to-execute project in a market with proven demand and limited supply. Positioned just three blocks from Main Street, the property benefits from DMX zoning, which allows a wide range of uses including residential, mixed-use, multifamily, medical, office, hospitality, and commercial. The assemblage offers city utilities, level topography, and frontage along US-64, providing excellent access and visibility. Walkability to restaurants, retail, Brevard College, the future Ecusta Trail, and Transylvania Regional Hospital strengthens its desirability for both residential and commercial development. Two pricing models are available: $130,000 per entitled lot (32 total) or $175,000 per finished, build-ready pad. A rare opportunity to acquire a fully entitled, downtown-adjacent development site in one of Western North Carolina’s most supply-constrained and high-demand markets. Also listed as commercial - MLS #4327300 Reach out to Agent for the full pitch deck.

Price in context

• Highest asking price of 3 active $1.5M+ homes in Brevard.
• No price changes since it was listed.
• 4 days on the market, listed 2025-12-04.
• County tax assessment $531,550; the asking price is 7.83× the assessed value.

Features

Lot

Level

County

Transylvania

Comparable homes on the market

• 30 Banks Lane, Brevard — $3,395,000, 4 bd, 3,365 sq ft, 3.4 mi away
• 243 Ridgeline Drive, Brevard — $3,750,000, 7 bd, 2,407 sq ft, 4.5 mi away
• 4454 Asheville Highway, Pisgah Forest — $3,500,000, 4 bd, 3,847 sq ft, 5.5 mi away
• 185 Mckinney Road, Etowah — $6,900,000, 10.5 mi away
• 185 Mckinney Road, Etowah — $6,900,000, 6 bd, 2,600 sq ft, 10.5 mi away
• 113 Birchbend None, Cleveland — $3,300,000, 3 bd, 6,047 sq ft, 11.2 mi away

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.