Asheville · Asheville, NC
215 Merchant Street
Asheville, NC · 720 sqft
$469,000
- 3Beds
- 1Baths
- 720SqFt
- 1965Year
- 1Days on market
About this home
Almost an acre in Asheville with an updated home, creek, and the potential for multiple additional homesites without sacrificing the existing home. Offering an uncommon combination of privacy, usable land, and future potential, this property presents possibilities that are increasingly difficult to find within Asheville city limits. The spacious lot features a gently flowing creek along the rear of the property, ample open space, and a setting that feels private while remaining close to Biltmore Village and East Asheville shopping, restaurants, and local amenities. Whether you're seeking development potential, a private estate, family compound, or investment opportunity, this unique parcel offers exceptional flexibility. The property includes a thoughtfully updated home that is move-in ready and provides immediate value for homeowners and investors alike. Ownership has completed extensive due diligence regarding future development possibilities. Research conducted to date suggests the potential for three or more additional homesites, subject to buyer verification and all applicable approvals. Survey available for review. Buyer to verify all information deemed important. Agent/owner.
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 720
- Lot
- —
- Year built
- 1965
- Type
- Single Family
- Days on market
- 1
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Foundation
- Crawl Space
- Flooring
- Vinyl, Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,451/ month
- Principal & interest
- $2,904
- Property tax (~1.05%)
- $410
- Homeowners insurance
- $136
- HOA dues
- —
Down payment
$23,450 down · $445,550 financed
Income to qualify (28% rule)
~$147,935 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.