
$2.16M
4 Beds · 6 Baths · 4,373 Sqft
Active$2.16M · 4 bd · 6 ba · 4373 sqft
Unique Opportunity for large home and developable property in highly desirable 5 Points neighborhood, walkable to Downtown and greenways. Potential for medium density residential development, zoned RS8. This rare in-town parcel, offers multiple paths for value: subdivide for cottages, or a few higher-end homes, or an enclave (subdivision registered with city, BUYER to verify). Additional lot zoned NCD (same owners) may be sold separately or as a package. The existing home, lovingly restored by current owners, features high ceilings, heart pine floors, wood burning fireplace in kitchen with 5 additional tile-front fireplaces. Beautiful period details throughout. Wraparound front porch that opens to a courtyard and large 2012 addition of family room and 2 bedrooms, including large primary suite. Lush landscaping and gardens abound. Legal Homestay on main level grosses over $25,000 annually. Parcel below on Broadway (NCD zoning -same owner) and can be sold separately or as a package (call for info). Shop lot to left of driveway (Min. 1/4 acre) included with this listing but may be purchased without lot (see MLS 4299259). Currently working w/City to rezone lot to RS8. Seller to retain shop use for up to 1 year.
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Listed by Howard Hanna Beverly-Hanks Asheville-Downtown · marie.morris@allentate.com MLS# CAR4299259
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 05/01/2026, 06:00:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Information deemed reliable but not guaranteed. Buyer to verify all information.

Compass
Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.
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