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.
Active
$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
- 55 days
- 53
- 5
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#: 4401642
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
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $165,000-2.7% |
Source: | ||
| 6/26/2026 | Listing removed | $169,500 |
Source: | ||
| 5/27/2026 | Price change | $169,500-5.6% |
Source: | ||
| 5/14/2026 | Price change | $179,500-7.9% |
Source: | ||
| 5/5/2026 | Listed for sale | $195,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 28786
Nearby schools
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.




