Skip to main content
Active

0 Swannanoa River Road

Asheville, NC 28803

Active 297 days on market Listing ID CAR 288105640

$6,289,400

Est. $36,153/mo See my rate

$625,002/acre

10.06 acres · $625,002/acre

10.06 Acres
Zoning —
Unimproved Commercial
Listed Oct 3, 2025 Updated Oct 4, 2025

Land Essentials

PowerUnknownWaterPublicSewerPublicTopographyFlood Fringe Area, Flood Plain/Bottom Land, Green Area, Hilly, River Front, Rolling Slope, Sloped, Steep Slope, Wooded, Views

Location

Address
0 Swannanoa River Road
City
Asheville, NC 28803
Get directions: Apple MapsGoogle Maps
Explore the area →

About This Home

Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use– affordable, work force, market rate, LIHTC– you decide.

Singularly, each ownership segment presents challenges relative to: FEMA’s 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated.

Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied– do NOT ride on property; agent must accompany!

Property Details

Interior Details

Inclusions
  • Building
  • Land
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
0
Sqftavailableminimum
0

Parking And Garage

Parking Features
  • Driveway
  • Other - See Remarks

Lot And Land

Fencing
  • Partial
Lot Features
  • Flood Fringe Area
  • Flood Plain/Bottom Land
  • Green Area
  • Hilly
  • River Front
  • Rolling Slope
  • Sloped
  • Steep Slope
  • Wooded
  • Views
Lot Size Acres
10.063
Lot Size Units
Acres
Other Structures
  • Outbuilding
  • Shed(s)
  • Workshop
  • Other - See Remarks

Waterfront And View

View
  • City
  • Long Range
  • Mountain(s)

Utilities

Sewer
  • Public Sewer
  • Other - See Remarks
Utilities
  • Electricity Connected
  • Other - See Remarks
Water Source
  • City
  • Public
  • Other - See Remarks

Financial Information

Citytaxespaidto
Asheville

Zoning And Restrictions

Zoningspecification
  • R M8
  • R I V
  • U P

Listed by Mark Morris (828-674-4350) · NAI Allen Tate Beverly-Hanks Commercial (828-210-3940)

Canopy MLS

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.

IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.

Based on information submitted to the MLS GRID as of Oct 4, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some IDX listings have been excluded from this website.

Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.

Please send DMCA notices to: hello@palmettopark.com

Schedule a Tour

0 Swannanoa River Road, Asheville, NC, 28803

Step 1 of 2

Note: All times are Eastern Time (ET). Tours must be scheduled at least 2 hours in advance.

Time

Add a place