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Active

502 Long Shoals Road

Arden, NC 28704

Active 98 days on market Listing ID CAR 300495306

$995,000

Est. $5,720/mo See my rate

$509/Sq Ft

4 bd · 3 ba · 1,956 sqft · $509/sqft

4 Beds
3 Baths
1,956 Sq Ft
$509/Sq Ft
1966 Built
.95 acres Single Family Residence Listed Apr 20, 2026 Updated May 14, 2026 HOA None

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
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Schools

Elementary
Avery's Creek/Koontz
Middle
Valley Springs
High
T.C. Roberson

School assignments may change. Contact the school district to confirm.

Canopy MLS

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