502 Long Shoals Road
Arden, NC 28704
Est. $5,720/mo — See my rate
$509/Sq Ft
4 bd · 3 ba · 1,956 sqft · $509/sqft
About This Home
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. Owner also owns the property next door at 506 Long Shoals, if interested in more frontage potential, please reach out.
Property Details
Interior Details
- Heating
- Heat Pump
- Sqftmain
- 1226
- Roomcount
- 1
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 0
- Sqftgarage
- 366
- Bedroommain
- 3
- Fullbathmain
- 2
- Halfbathmain
- 0
- Half Bathrooms
- 0
- Bedroombasement
- 1
- Total Bathrooms
- 3
- Fullbathbasement
- 1
- Halfbathbasement
- 0
- Laundry Features
- Electric Dryer Hookup
- Mainlevelgarageyn
- 0
- Sqftunheatedtotal
- 488
- Sqfttotalpropertyhla
- 1956
- Sqftunheatedbasement
- 488
Square Footage And Levels
- Levels
- Two
- Above Grade Finished Area
- 1226
- Below Grade Finished Area
- 730
Parking And Garage
- Parking Features
- Driveway
- Attached Garage
Exterior Features
- Construction Materials
- Block
- Hardboard Siding
- Stone Veneer
Lot And Land
- Lot Size Acres
- 0.95
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Basement Garage Door
- Finished
- Interior Entry
- Foundation Details
- Basement
Waterfront And View
- Waterfront Features
- None
Utilities
- Sewer
- Private Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Skyland
Zoning And Restrictions
- Zoningspecification
- R2
Listed by Matt Payne (231-330-2163) · Walnut Cove Realty/Allen Tate/Beverly-Hanks (828-684-5151)
Location
- Address
- 502 Long Shoals Road
- City
- Arden, NC 28704
Schools
- Elementary
- Avery's Creek/Koontz
- Middle
- Valley Springs
- High
- T.C. Roberson
School assignments may change. Contact the school district to confirm.
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