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Investment Highlights

  • Ready to build & fully entitled for 110 residential townhome units
  • 12.04± acre parcel, mostly cleared and shovel-ready for development
  • Townhomes offer 2- and 3-bedroom floor plans with southwestern mountain views
  • Located in Woodfin, NC, a growing area just 10 minutes north of Downtown Asheville
  • Turn-key development opportunity: includes development plans, permits, site plans, architectural drawings, and public utility allocations
  • Located in an area with strong and growing demand for multi-family housing

Executive Summary

Ready to build & fully entitled for 110 units in growing Woodfin, NC. Mostly cleared & shovel ready 12.04+/- acre multi-family development parcel located only 10 mins. north of Downtown Asheville. Conveys with development plans for 110 residential town homes plus permits, site plans, architectural drawings, and public utility allocations. This is an immediate turn-key opportunity for developers. The town homes feature 2 & 3 bedroom floor plans and southwestern mountain views with the benefit of a community clubhouse & space for amenities. Only minutes to I-26, Walmart, Publix & Lowe’s, this site offers privacy and seclusion yet is close to shopping, dining, and all the life needs that make this area highly sought after. Nearby major employers include Thermo-Fisher Scientific, Mission Hospital & UNC Asheville. With an increasing demand for multi-family housing options in Asheville, this property presents a remarkable opportunity to meet the needs of a growing market.

Property Facts

Price $5,188,500 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 12.04 AC
Zoning Mountain Village - Town of Woodfin - See attachments.

1 Lot Available

Lot

Price $5,188,500 CAD
Price Per AC $430,938.54 CAD
Lot Size 12.04 AC

Ready to build & fully entitled for 110 units in growing Woodfin, NC. Mostly cleared & shovel ready 12.04+/- acre multi-family development parcel located only 10 mins. north of Downtown Asheville.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 35720931

  • Date on Market: 2025-05-02

  • Last Updated:

  • Address: 300 Baird Cove Rd, Asheville, NC 28804

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