192 Brevard Road, Unit 4 Asheville, NC 28806 -- MLS# 4354273
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Property Description
Just half a mile from the vibrant intersection of Brevard Road and Haywood Road—the heart of West Asheville—this rare offering presents a unique blend of history, character, and opportunity. Built in 1903, the home carries more than a century of stories and has remained in the same family since 1964. Now, for the first time in decades, it is ready for its next chapter. The house itself is in need of moderate repair but holds tremendous potential for the right buyer with a vision for restoration. With its historic charm and original character, it could once again become a stunning showcase of early-20th-century architecture.
While the home offers an exciting restoration opportunity, the true value of this property lies in the land and its development possibilities. The offering includes three parcels totaling approximately 0.86 acres in a highly desirable West Asheville location. Under current zoning, the property could potentially be subdivided into at least six lots—possibly more depending on layout and design. Permitted uses also include townhouse development, making this a compelling opportunity for builders, investors, or developers looking to create something special in one of Asheville’s most sought-after neighborhoods.
Whether you envision restoring the historic home, creating a thoughtfully designed small neighborhood, or exploring other permitted uses, this property offers flexibility, location, and potential that are increasingly rare to find in West Asheville.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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