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767 New Haw Creek RoadAsheville, NC 28805Price: $3,300,000

  • Price: $3,300,000
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* 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.
  • $3,300,000List Price
  • 2,220Square Feet
  • 26Acreage
  • CAR4380453MLS Number
25 acres of highly desirable, development-ready land in Haw Creek with city water and sewer - an increasingly rare opportunity. Featuring a blend of wooded and cleared acreage with gentle rolling topography, this exceptional parcel offers the kind of usable terrain developers struggle to find in today's market, especially in a convenient location like Haw Creek. Located just 12 minutes from Downtown Asheville and 10 minutes from the Blue Ridge Parkway, the property combines a peaceful, country-like setting with quick access to shopping, dining, recreation, and city amenities. Two local parks, a county public K-5 and a K-8 community charter school are located within five minutes, further enhancing the appeal for future residential development. Investors and developers should explore the strong subdivision and residential development potential, with nearby communities such as Trapper's Run, Huntington Chase, and the long-established Happy Valley neighborhood demonstrating the area's amazing community appeal along with continued demand and growth. Whether envisioned as a private estate compound, boutique neighborhood, family subdivision, or phased investment project, this property offers exceptional flexibility and upside potential. The property currently includes five existing single-family homes, each with newer roofing, updated plumbing, and circuit-breaker panel boxes, which with some repair can provide immediate opportunities for rental income, workforce housing, or phased redevelopment. Additional improvements include a separate two-bay mechanic's shop with tall bay doors and independent electrical service, plus several storage sheds. Current zoning is conditional, with base zoning RS4. Buyer to verify all information and development possibilities. Seller is executor of estate, has limited knowledge of the property, and has never occupied the property.

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Listed by Clint Gorman of WEICHERT,Realtors - Unlimited (clint@weichertunlimited.com)

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