0000 New Leicester Highway Asheville, NC 28806 -- MLS# 3603724

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0000 New Leicester Highway
Asheville, NC 28806
FOR SALE · Active
$1,149,000
$1,113 / Sqft
3
Beds
1
Baths
1
Garage
1,032
Sqft
5.39
Acres
MLS# 3603724
Cumulative Days on Market: 2187 · Includes prior listings · Currently listed since 04/28/20 · Data provided by the MLS.

Property Description

Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Asheville market. This + / -5.39 acre parcel offers prime frontage on New Leicester Highway (over 500 ft on a 5-lane highway) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this very gently sloping, high-traffic site offers a rare opportunity for commercial, multifamily, or mised-use development in one of Buncombe County's fastest-growing corridors. Open use zoning, minimal site prep, over 500' frontage on two roads, 3 private wells with municipal water available.
Whether you're planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box - location, access, infrastructure, zoning flexibility, and growth potential. Property details also available at MLS #3603681.

Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
3
Total Bathrooms
1
Living Area
1,032 Sqft
Price / Sqft
$1,113
Acres
5.39
Year Built
1932
Cumulative Days on Market
2187

Location

City/Township
Asheville
Subdivision
None
County
Buncombe

Lake/Waterfront Information

Waterfront Features
None

Property Details

Price
$1,149,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Levels
One
Total Area
1,032

Community

Local Schools

Elementary School
West Buncombe/Eblen
Middle School
Clyde A Erwin
High School
Clyde A Erwin

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
1
Full Bathrooms
1
Bedrooms
3

Rooms and Basement

Basement Features
Exterior Entry, Interior Entry

Area and Spaces

Living Area
1,032 Sqft
Above Grade Finished Area
1,032

Appliances

Appliances
Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop

Interior Features

Interior Features
Breakfast Bar, Built-in Features, Open Floorplan
Laundry Features
Electric Dryer Hookup, Main Level
Window Features
Window Treatments
Fireplace Features
Gas Log, Living Room

Heating and Cooling

Heating Features
Electric, Forced Air, Heat Pump

Building Details

Construction

Development Status
Completed
Year Built
1932
Foundations
Basement, Other - See Remarks

Materials

Construction Materials
Hardboard Siding

Terms

Terms

Special Conditions
None
Special Terms
Cash, Conventional
Cumulative Days on Market
2187

Taxes

Tax

Tax Assessed Value
687800.00

Heating, Cooling & Utilities

Cooling Features
Ceiling Fan(s), Heat Pump

Utilities

Utilities
Cable Available
Sewer
Septic Installed
Water Source
Well

Lot

Acres
5.39
Lot Size
5.39
Lot Size Area Sq Ft
234,788
Lot Features
Corner Lot, Creek Front, Level, Paved, Creek/Stream
Road Surface
Asphalt, Paved

Exterior Features

Patio And Porch Features
Screened
Fencing
Fenced

Parking

Garage Capacity
1
Parking Features
Detached Garage
Listed by Lantern Realty & Development, mfarlowrealtor@gmail.com
Listing Data last updated 10/19/2026 07:20 pm
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Property History

6 days ago
Property information last updated
123 days ago
Date of last price change
2365 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 2187 days (includes prior listings) · Currently listed since April 28, 2020. Data provided by the MLS.

Similar Properties
0000 New Leicester Highway - MLS#3603724 - $1,149,000
Listed by Lantern Realty & Development, Micheal Farlow