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1 Scrambler Cir 1.83 Acres of Commercial Land Offered at $3,240,603 CAD in Asheville, NC 28806

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INVESTMENT HIGHLIGHTS

Fully entitled ±1.83-acre site approved for 38 townhomes
Utilities secured, reducing development risk and timeline
Strong demand drivers: in-migration, tourism, and healthcare employment base

Prime infill location just 1.5 miles from Downtown Asheville
Diverse unit mix designed by leading regional professionals
Surrounded by retail, dining, and lifestyle amenities

EXECUTIVE SUMMARY

Scrambler Circle represents a premier infill development opportunity in Asheville, NC. The ±1.83-acre site is fully entitled for a 38-unit townhouse community, offering a rare chance to deliver modern housing in one of Western North Carolina’s most desirable markets. Located just 1.5 miles west of Downtown Asheville, the property provides immediate access to the River Arts District, West Asheville, and major retail centers such as Westgate Shopping Center and Town & Country Shopping Center. The site plan, approved by the City of Asheville, reflects thoughtful design by respected regional professionals, ensuring authenticity and market appeal.

SCRAMBLER CIRCLE Brochure

Other

PROPERTY FACTS

Price	$3,240,603 CAD	Proposed Use	Commercial Apartment Units - Condo Hold For Development Planned Unit Development Single Family Development
Sale Type	Investment	Total Lot Size	1.83 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	RB - Approved for 38 Townhomes

Price	$3,240,603 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Apartment Units - Condo Hold For Development Planned Unit Development Single Family Development
Total Lot Size	1.83 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RB - Approved for 38 Townhomes

1 LOT AVAILABLE

Lot

Price	$3,240,603 CAD	Lot Size	1.83 AC
Price Per AC	$1,770,821.36 CAD

Price	$3,240,603 CAD
Price Per AC	$1,770,821.36 CAD
Lot Size	1.83 AC

Approved 1.83-acre site in Asheville for 38 townhomes, minutes from downtown and River Arts District, with utilities secured and city-approved plans for modern residential development.

DESCRIPTION

This ±1.83-acre development site at 1 Scrambler Circle in Asheville is fully entitled and city-approved for 38 townhomes. Located just 1.5 miles from Downtown Asheville and minutes from the River Arts District, the property offers unmatched access to retail, dining, and cultural amenities. Utilities, including sewer and water credits, are secured, reducing development risk and accelerating timelines. The approved plans feature a mix of modern layouts ranging from 1,296 to 1,763 square feet, designed by respected regional architects and engineers to reflect Asheville’s character while meeting market demand. With strong in-migration, limited infill parcels, and steady buyer interest in low-maintenance living, this site represents a rare opportunity to deliver a high-quality residential community in one of Western North Carolina’s most desirable markets. Listing price is $2,350,000, and the seller is open to exploring partnerships with licensed general contractors.

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