99999 Bee Tree Road, Swannanoa, NC
$3,200,000
Listing courtesy of RE/MAX Results (Anne Linhart). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
High-altitude acreage of this magnitude represents a dwindling asset class in Western North Carolina, particularly when positioned alongside the protected Asheville Watershed and the Blue Ridge Parkway. This 162-acre Swannanoa sanctuary offers an expansive topography of mature hardwood canopies and ridgeline vistas, providing a level of privacy that is increasingly difficult to secure within reach of Black Mountain and Asheville. Unlike raw mountain tracts that require years of entitlement navigation, this property arrives with Buncombe County approval for seven estate-sized homesites. Site clearing is complete and road infrastructure is currently being extended to the first four parcels, significantly reducing the development timeline for a multi-generational legacy compound or a boutique residential enclave. In a submarket where steep slope regulations and conservation easements can complicate vision, the readiness of this shovel-ready site offers a distinct logistical advantage to the sophisticated land investor. Inquiries regarding the site plans and topography may be directed to Peters & Associates for a private briefing and guided tour.
About the home
Unrivaled Scale, Protected Vistas, and Rare Development Readiness. Overlooking the pristine Asheville Watershed and the Blue Ridge Parkway, this extraordinary 162-acre sanctuary offers some of the most spectacular long-range panoramas in Western North Carolina. Designed to protect ridgelines while maximizing privacy, the land is already county-approved for seven estate-sized homesites—with site clearing complete and road construction actively accessing the first four parcels. Three crown-jewel sites extend along and over the ridgeline, framed by mature hardwood canopies and gentle building contours. Whether realized as an ultra-private legacy compound, a multi-generational retreat, or a premier boutique mountain enclave, this tract removes years of entitlement friction. Located just minutes from the vibrant dining, arts, and culture of Black Mountain and downtown Asheville, it is a generational asset combining pure conservation beauty with shovel-ready vision.
Price in context
- Highest asking price of 4 active $1.5M+ homes in Swannanoa.
- No price changes since it was listed.
- 14 days on the market, listed 2026-09-09.
- County tax assessment $806,300; the asking price is 3.97× the assessed value.
Location
Neighborhood: Eagle Rock Cove, Buncombe County, ZIP 28778.
Assigned schools
- High: Charles D Owen
School assignments come from the listing and can change; confirm with the district.
Features
- Waterfront
- None
- View
- Long Range, Mountain(s), Year Round
- County
- Buncombe
Comparable homes on the market
- 588 Long Branch Road, Swannanoa — $1,600,000, 3 bd, 2,786 sq ft, 1.7 mi away
- 50 Stone Crest Mountain Drive, Black Mountain — $1,294,900, 6 bd, 3,571 sq ft, 2.0 mi away
- 42 Stone Crest Mountain Drive, Black Mountain — $1,105,000, 5 bd, 4,034 sq ft, 2.0 mi away
- 80 Hemlock Circle, Black Mountain — $1,499,000, 3 bd, 2,431 sq ft, 2.4 mi away
- 000 Lytle Cove Road, Swannanoa — $1,400,000, 2.7 mi away
- 228 Allen Mountain Drive, Black Mountain — $1,225,000, 3 bd, 2,715 sq ft, 2.7 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.