0000 New Leicester Highway, Asheville, NC
$1,200,000 · 3 bedrooms · 1 baths · 1,032 sq ft · 5.39 acres · built 1932
Listing courtesy of Lantern Realty & Development (Micheal Farlow). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Asheville market. This +/-5.39 acre parcel offers prime frontage on New Leicester Highway (over 500 ft on a 5-lane highway) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this very gently sloping, high-traffic site offers a rare opportunity for commercial, multifamily, or mised-use development in one of Buncombe County's fastest-growing corridors. Open use zoning, minimal site prep, over 500' frontage on two roads, 3 private wells with municipal water available. Whether you're planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box - location, access, infrastructure, zoning flexibility, and growth potential. Property details also available at MLS #3603681.
Price in context
- Asking $1,163 per square foot.
- That is 122% above the $525 median across 183 active $1.5M+ homes in Asheville.
- 157th highest asking price of 183 active $1.5M+ homes in Asheville.
- 163rd largest by living area of the 164 with a recorded size.
- No price changes since it was listed.
- 1,833 days on the market, listed 2020-04-28.
- County tax assessment $687,800; the asking price is 1.74× the assessed value.
Location
Neighborhood: None, Buncombe County, ZIP 28806.
Assigned schools
- Elementary: West Buncombe/Eblen
- Middle: Clyde A Erwin
- High: Clyde A Erwin
School assignments come from the listing and can change; confirm with the district.
Features
- Levels
- One
- Construction
- Hardboard Siding
- Bathrooms
- 1 full
- Basement
- Exterior Entry, Interior Entry
- Interior
- Breakfast Bar, Built-in Features, Open Floorplan
- Kitchen & appliances
- Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Ceiling Fan(s), Heat Pump
- Garage
- 1 spaces
- Parking
- Detached Garage
- Waterfront
- None
- Lot
- Corner Lot, Creek Front, Level, Paved, Creek/Stream
- County
- Buncombe
Comparable homes on the market
- 62 Destination Drive, Asheville — $4,700,000, 2.3 mi away
- 17 Hat Creek Drive, Asheville — $1,050,000, 7,240 sq ft, 2.7 mi away
- 215 N Bear Creek Road, Asheville — $2,500,000, 2.9 mi away
- 215 N Bear Creek Road, Asheville — $2,500,000, 2.9 mi away
- 244 Westridge Farm Road, Asheville — $1,100,000, 3 bd, 3,185 sq ft, 3.1 mi away
- 290 Hookers Gap Road, Candler — $1,375,000, 2,124 sq ft, 3.9 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.