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203 Martin RoadSwannanoa, NC 28778Price: $2,500,000

  • Price: $2,500,000
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,500,000List Price
  • 4.5Acreage
  • CAR4052471MLS Number
Welcome to 203 Martin Road-4.5 acres of flat, level land in the heart of growing Swannanoa, North Carolina. Gorgeous property with incredible development potential. Scenic mountain views are available to the east, north, and west. Rectangular lot shape allows for various configurations of development. Topography is flat in every direction. R-3 zoning allows Level 1 Planned Unit Developments per approval from the Buncombe County Board of Adjustments (the BOA recently approved a 60-unit senior living development on the adjacent 1.8-acre property). Water, electric, and sewer utility are on site (the sewer is on a 4' line). The property offers convenience and immediate proximity to essential services, grocery stores, restaurants, manufacturers, and schools. A 985-square-foot home (built in 1949) and a mobile home are onsite with month-to-month leases. No value is placed on the structures. Property is available on an "as-is" basis.

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Listed by James Harrison of Whitney Commercial Real Estate (jharrison@whitneycre.com)

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