000 Lytle Cove Road, Swannanoa, NC 28778

$1,400,000

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Listing courtesy of Godfrey Realty. godfreyrealtyteam@gmail.com

List Price
$1,400,000
MLS#
4329977
Status
ACTIVE
Days on Market
224
Property Type
Land
Lot Size
381,411
Lot Size Area
8.756
County
Buncombe
Special Conditions
None
Dom
Yes
Waterfront Features
None

Property Description

Exceptional development or estate opportunity in Swannanoa. This offering includes 8.756 acres of gently lying, wooded land, plus an additional .079-acre road right-of-way, parcel B on survey, at the front providing over 100+ feet of road frontage for excellent access (ROW not owned by seller but benefits ingress/egress). Public utilities are nearby, with a 6-inch public water line available to the northern property line along Gibbs Street right-of-way, and there's a 6-inch public sewer line located a short distance from the property. With the extension of water and sewer, preliminary evaluations indicate the potential for approximately 25–30 lots. Current zoning would allow duplex construction of those lots, creating the possibility of 50–60 total units, subject to approvals. The property features multiple small streams, is not located in a designated flood zone, and offers highly buildable topography—a rare combination for a tract of this size. A site development opinion has been completed, and when considering topography, access, and utilities, the property presents strong development potential. Alternatively, the property would make a beautiful private estate, family compound, or long-term investment hold, offering privacy, natural beauty, and convenient proximity to Swannanoa, Black Mountain, and the greater Asheville area. A rare opportunity combining scale, infrastructure access, and zoning flexibility in a rapidly growing market. Zoning, density, and utility availability to be verified by the buyer with Buncombe County, the Town of Swannanoa, and applicable utility providers.

Additional Information

Water
City, Tap Fee Required, Other - See Remarks
Sewer
Public Sewer, Tap Fee Required, Other - See Remarks
Driveway
Paved
Lot Description
Creek Front, Level, Private, Rolling Slope, Creek/Stream, Wooded, Views, Waterfall
Elementary School
WD Williams
Middle School
Charles D Owen
High School
Charles D Owen

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Calculator source: Real Geeks

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