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  • $165,000

    205 Frazier St, Waynesville, NC 28786

    --beds
    --baths
    0.46Acres
    Unimproved Land
    Built in ----
    0.46 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional Development Opportunity – 4 Unit Potential! Prime 0.46-acre lot located in a rapidly growing commercial corridor just off Highway Exit 102, surrounded by major retail, restaurants, and everyday conveniences—including Publix, Ingles Markets, Chick-fil-A, Starbucks, and more. Current zoning allows for up to 4 residential units, making this a standout opportunity for builders, developers, and investors looking to capitalize on location and density. The original structure has already been removed, leaving the lot ready for development. Asbestos abatement has been completed, the demolition permit has been finalized, and much of the preliminary work is already done—saving valuable time and expense. Also included is a custom duplex plan designed specifically for this lot, providing a significant head start for your project. With site preparation already completed and the property ready to build, this is a rare opportunity to move quickly on a high-potential development in one of Waynesville’s fastest-growing areas.
    4 days
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    101
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrii Peschanskyi andrew@bighills.com,

    Big Hills Real Estate LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4401642MLS Logo

      Facts & features

      Interior

      Interior area
      • Finished area below ground: 0

      Property

      Lot
      • Size: 0.46 Acres
      Details
      • Parcel number: 8616124019
      • Zoning: HP
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Location
      • Region: Waynesville

      Financial & listing details

      • Tax assessed value: $53,100
      • Annual tax amount: $465
      • Date on market: 7/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,486/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$165,000-2.7%
        Source: Canopy MLS as distributed by MLS GRID #4401642 Report a problem
        6/26/2026Listing removed$169,500
        Source: Canopy MLS as distributed by MLS GRID #4377674 Report a problem
        5/27/2026Price change$169,500-5.6%
        Source: Canopy MLS as distributed by MLS GRID #4377674 Report a problem
        5/14/2026Price change$179,500-7.9%
        Source: Canopy MLS as distributed by MLS GRID #4377674 Report a problem
        5/5/2026Listed for sale$195,000
        Source: Canopy MLS as distributed by MLS GRID #4377674 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2016$465 $53,100
        2015$465 +22.4%$53,100
        2014$379 +9.1%$53,100 -1.7%
        2010$348 +26.6%$54,040
        2008$275 $54,040
        2007-- $54,040
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28786

        Getting around

        41 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hazelwood
        • Middle: Waynesville
        • High: Tuscola

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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