Commercial Land for Sale in Asheville, North Carolina
200 Villas Ct, Asheville, NC 28806
Great build and hold opportunity! 72 Proposed and Asheville City Council approved 840sf Condominium units 5 minutes from downtown Asheville. 4 Buildings with 12 units and 3 Buildings with 8 units. Per civil engineer and owner the property is currently in the process of permitting and subsequently out for bid to have a construction budget. The current condominium/townhomes from an earlier phase were completed in 2007 and are 2/2bath units with approximately 1,200-1,300sf and the last two sales have been $230,000 and $240,000 per mls. Great location and the project is suitable for stick-built or off-frame modular construction.
Location
- Street address
- 200 Villas Ct
- County
- Buncombe County
- Elevation
- 2,221 feet
Directions
From downtown Asheville head west on I-240 W, merge onto US 19-23 (Patton Avenue) via Exit 3A and go 1.73 miles. Turn right onto Johnston Blvd and go 1.15 miles. Turn slight left onto Cedar Hill Rd and go 0.07 miles. Turn left to stay on Cedar Hill Rd and go 0.20 mile. Take 2nd left onto Villas Ct.
Property details
- Acreage
- 5.29 acres
- Zoning
- RM8
- MLS #
- CMLS 3793362
- Posted
Parcels
- 9628-27-0626-00000
Legal description
VILLAS AT CEDAR HILL FUTURE DVPT
Details and features
Listing
- Type
- Commercial Sale
- Unit Count
- 72
- Franchise
- Independent
Structure
- Condition
- Under Construction
- Sewer
- Public Sewer
Interior
- Rooms
- Bathroom x 2
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 10, 2022 | Under contract | $1,950,000 | — | CMLS |
| Apr 25, 2022 | Price drop | $1,950,000 | $650,000 -25% | CMLS |
| Oct 19, 2021 | New listing | $2,600,000 | — | CMLS |
