303 Gashes Creek Road, Asheville, NC
$1,360,000
Listing courtesy of Dewey Property Advisors (Greg Palombi). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Click "Documents" to see the hotel and office site conceptuals. Recent bank appraisal that supports asking price is available upon request. Great location for hospitality, medical office, or industrial distribution. Located in Buncombe County and not Asheville, so no Asheville restrictions on Hotel construction applies. Construction ready site with paved and striped parking in place for a hotel, office building, medical, gas station or convenience store. Over 30,000 cars on US 74A and right at the interchange with I-40. Right next to the Tunnel Road commercial core on one side and the Blue Ridge Parkway on the other. Previously approved for 30K office building or 68K sf of hotel through Buncombe County Planning and Zoning. Improvements include: parking, retaining walls, graded building site, underground fiber optic, sprinkler system, water supply, sewer and all utilities to site.
Price in context
- 134th highest asking price of 183 active $1.5M+ homes in Asheville.
- No price changes since it was listed.
- 187 days on the market, listed 2026-01-24.
- County tax assessment $326,100; the asking price is 4.17× the assessed value.
Features
- Waterfront
- None
- View
- City, Long Range, Mountain(s)
- Lot
- Open Lot
- County
- Buncombe
Comparable homes on the market
- 711 Shawnee Trail, Asheville — $2,850,000, 4 bd, 2,139 sq ft, 1.6 mi away
- 67 Shawnee Trail, Asheville — $1,200,000, 1.8 mi away
- 67 Shawnee Trail, Asheville — $1,200,000, 2 bd, 874 sq ft, 1.8 mi away
- 69 Village Pointe Lane, Asheville — $1,369,000, 3 bd, 2,661 sq ft, 2.2 mi away
- 22 Manchester Drive, Asheville — $1,350,000, 3 bd, 2,490 sq ft, 2.3 mi away
- 108 Lakewood Drive, Asheville — $1,900,000, 4 bd, 2,271 sq ft, 2.3 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.