502 Long Shoals RD, Arden, NC 28704
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502 Long Shoals RD, Arden, NC 28704
502 Long Shoals RD, Arden, NC 28704
502 Long Shoals RD, Arden, NC 28704
502 Long Shoals RD, Arden, NC 28704
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$ 995,000
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502 Long Shoals RD Arden, NC 28704

4 Beds

3 Baths

1,598 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,598 sqft

Price per Sqft $622

MLS Listing ID 4372104

Bedrooms 4

Full Baths 3

Abv Grd Liv Area 1,226

Year Built 1966

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type Single Family Residence

Property Description

Rare investor opportunity centered around potential commercial frontage on Long Shoals Road. This nearly 1-acre property offers excellent visibility along a high-traffic corridor, while the existing income-producing home sits privately toward the rear of the lot with separate driveway access from Memory Lane.

Currently zoned R2, the property features a 4-bedroom, 3-bath bungalow with strong rental history, mountain views, private deck, lower-level theatre room, second primary suite with separate entry, 1-car garage, and roof replaced in 2014. The home can continue generating income while a buyer explores the long-term value of the Long Shoals Road frontage.

City sewer is believed to be very close by near the corner of Memory Lane and Clayton Road, creating potential upside for a buyer willing to pursue sewer connection, subdivision, or possible commercial rezoning, all subject to applicable approvals. The property also benefits from strong sight lines near the Clayton Road intersection and visually reads like a corner lot because the lot at the intersection in front of it is not buildable.

Hold the rental home, pursue the frontage opportunity, and unlock the future potential of this highly visible Long Shoals Road parcel.

Location

State NC

County Buncombe

Zoning R2

Rooms

Basement Basement Garage Door, Finished, Interior Entry

Primary Bedroom Level Main

Main Level Bedrooms 3

Main Level Primary Bedroom

Interior

Heating Heat Pump

Cooling Attic Fan

Fireplace false

Appliance Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave

Laundry Electric Dryer Hookup

Exterior

Garage Spaces 1.0

Waterfront Description None

Street Surface Asphalt,Paved

Garage true

Building

Dwelling Type Site Built

Foundation Basement

Sewer Private Sewer

Water City

Level or Stories Two

Structure Type Block,Hardboard Siding,Stone Veneer

New Construction false

Schools

Elementary Schools Avery'S Creek/Koontz

Middle Schools Valley Springs

High Schools T.C. Roberson

Others

Senior Community false

Special Listing Condition None


Listed by Matt Payne • Walnut Cove Realty/Allen Tate/Beverly-Hanks • matt@walnutcoverealty.com

Nearby Locations

Shantel Hernandez

Shantel Hernandez

Agent

+1(757) 419-4362

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502 Long Shoals RD