1589 Cane Creek Road, Fletcher, NC
$1,285,000 · 5,925 sq ft · built 2020
Listing courtesy of Town and Mountain Realty (Luiz Leonetti). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Rare investment opportunity on 1.47 acres with flexible Open Use zoning! Located at 1589 Cane Creek Road, this unique multi-structure property features approx. 5,925 SF across three distinct buildings, unlocking massive potential for a professional office campus or a mixed-use commercial and residential portfolio. The rear quadplex (built 2020) features four turnkey 1BR/1BA units with modern finishes and individual mini-split systems. Facing the road is a ±1,378 SF front building paired with a standalone, detached flex space—perfect for an office, creative studio, or additional residential rental income. Completing the campus is a vacant ±2,077 SF conditioned metal building (built 2005) ready for adaptive reuse as an event space, wellness facility, community center, or office conversion with paved parking lot and outdoor pavilion. Strategically positioned with excellent access to I-26, Highway 74A, the Asheville Regional Airport, and Hendersonville. City water and high capacity septic on site. Buyer to verify zoning, permitted uses, and septic capacity.
Price in context
- Asking $217 per square foot.
- That is 46% below the $399 median across 33 active $1.5M+ homes in Fletcher.
- 22nd highest asking price of 33 active $1.5M+ homes in Fletcher.
- 6th largest by living area of the 32 with a recorded size.
- No price changes since it was listed.
- 0 days on the market, listed 2026-10-12.
- County tax assessment $647,400; the asking price is 1.98× the assessed value.
Features
- Construction
- Brick Partial, Vinyl
- Kitchen & appliances
- Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
- Heating
- Central, Ductless
- Cooling
- Central Air, Ductless
- Parking
- Parking Lot
- Lot
- Level
- County
- Buncombe
Comparable homes on the market
- 133 Golden Pasture Drive, Fletcher — $1,395,000, 3 bd, 3,119 sq ft, 0.6 mi away
- 144 Golden Pasture Drive, Fletcher — $1,495,000, 3 bd, 3,530 sq ft, 0.7 mi away
- 323 Chukar Way, Fletcher — $1,575,000, 4 bd, 3,761 sq ft, 0.7 mi away
- 76 Bradford Vistas Drive, Fletcher — $1,399,000, 5 bd, 5,926 sq ft, 0.8 mi away
- 31 Bradford Vistas Drive, Fletcher — $1,275,000, 5 bd, 5,875 sq ft, 0.8 mi away
- 64 Water Hill Way, Fletcher — $1,750,000, 4 bd, 4,872 sq ft, 0.9 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.