215 Merchant StreetAsheville, NC 28803
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Nearly one acre of flat, sunny land with a gentle creek and a charming cottage—all just minutes from Biltmore Village. Properties like this are becoming increasingly difficult to find in Asheville. Situated on approximately 0.97 acres, this unique property features expansive, flat open space with abundant sunlight, mature trees, and a peaceful creek, creating a setting that is as functional as it is beautiful. The charming cottage offers the character of an older Asheville home while benefiting from meaningful improvements over the years, with plenty of opportunity to continue making it your own. Move in and enjoy it today, or personalize it over time to fit your vision. The expansive, flat yard provides exceptional sunlight and room to garden, entertain, play, or even create a small hobby farm—all within the city limits. For investors, builders, and developers, preliminary research indicates the property may be suitable for a variety of future development concepts, including subdivision or cottage development utilizing the existing residence along with additional units. Large, flat parcels with city water and sewer are becoming increasingly scarce in Asheville, making opportunities like this exceptionally rare. Enjoy the beauty of a peaceful creek while benefiting from the property's location outside the current FEMA Special Flood Hazard Area. Whether you're searching for a private residence, investment property, family compound, or future development opportunity, this property offers a rare combination of location, land, flexibility, and long-term potential. Survey available for review. Agent/owner. New Frigidaire stainless steel range and dishwasher to be installed prior to closing. Buyer to verify all development potential, permitted uses, density, and any other matters important to the buyer.
| 2 days ago | Price changed to $399,000 | |
| 2 days ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
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Last checked - 2026-07-05 06:25 PM UTC