Nearly one flat acre in Oakley! Calling builders, developers, and investors. Asheville infill opportunity: Outstanding development potential on approximately 0.97 acres with an existing residence just minutes from Biltmore Village in the Oakley neighborhood. City water and sewer. Preliminary research indicates the property may be suitable for a subdivision or a cottage development concept utilizing the existing residence along with additional units, subject to buyer verification. Property is not located in a designated flood hazard area. Home is completely livable and has been recently updated. Agent/owner.
Active
Price cut: $50K (7/3)
$399,000
215 Merchant St #2, Asheville, NC 28803
--beds
--baths
0.97Acres
Unimproved Land
Built in ----
0.97 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 38 days |
- 70 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Chad Johnson chad@malinrealtygroup.com,
Malin & Co. Realty Group, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4393774
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- On waterfront: Yes
- Waterfront features: None, Creek, Creek/Stream
Lot
- Size: 0.97 Acres
- Features: Green Area, Level, Private, Wooded
Details
- Parcel number: 965747307100000
- Zoning: RS8
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Asheville
Financial & listing details
- Tax assessed value: $212,300
- Date on market: 6/15/2026
- Cumulative days on market: 38 days
- Listing terms: Cash,Construction Perm Loan,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $399,000-11.1% |
Source:  Canopy MLS as distributed by MLS GRID #4393774 Report a problem | ||
| 6/27/2026 | Price change | $449,000-4.3% |
Source: Canopy MLS as distributed by MLS GRID #4393774 Report a problem | ||
| 6/15/2026 | Listed for sale | $469,000 |
Source: Canopy MLS as distributed by MLS GRID #4393774 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 28803
Nearby schools
GreatSchools rating
- 3/10Oakley ElementaryGrades: PK-5Distance: 0.4 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 2.4 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 2.4 mi
- $399,0003 bd1 ba720 sqft215 Merchant St, Asheville, NC 28803For Sale
- $420,1003 bd3 ba1.4k sqft199 Merchant St, Asheville, NC 28803Off Market
- $326,2002 bd2 ba1k sqft197 Merchant St, Asheville, NC 28803Off Market
- $452,1003 bd2 ba1.5k sqft219 Merchant St, Asheville, NC 28803Off Market
- $380,1003 bd2 ba752 sqft145 Crayton Creek Way, Asheville, NC 28803Off Market
- $400,9003 bd2 ba1.4k sqft143 Crayton Creek Way, Asheville, NC 28803Off Market
- $400,900-- bd-- ba-- sqft31 Crayton Park Dr, Asheville, NC 28803Off Market
- $95,6003.71 Acres86 Croton Ct, Asheville, NC 28803Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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