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Asheville Development Opportunity: 5.94 Acres
For Sale
$2,500,000

215 N Bear Creek Road, Asheville, NC 28806

LAND - Asheville, NC

Property SizeContact for details
Lot Size5.94 Acres
Days on Market538

Property Features for 215 N Bear Creek Road

General Information

Property type Land
Property subtype Other
Zoning RM6
Zoning description RM6
Lot features Cleared, Paved, Rolling Slope
Elementary school Johnston/Eblen
Middle school Clyde A Erwin
High school Clyde A Erwin
Directions GPS
Standard status Active
APN 9628-48-9428-00000
Lot size 5.94 Acres

Taxes and HOA fees

Tax Description DEED DATE: 2022-12-19 DEED: 6284-901 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000
Legal Description DEED DATE: 2022-12-19 DEED: 6284-901 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Utilities

Sewer type Public Sewer
Listing Agency: Ivester Jackson Blackstream
Listed By: Mike Zboyovski · License #219105
Added: Feb 27, 2025 Changed: May 19 Last Checked: Aug 19 at 10:06AM
MLS# 4227390

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5.94-acre parcel, located in Asheville, NC, presents a development opportunity. Zoned RM6, the property is suitable for multi-family development. A completed feasibility study confirms plans for eight buildings, totaling approximately 96,000 square feet. The site benefits from over 700 feet of paved road frontage and access to city water, city sewer, and natural gas, facilitating immediate development. Currently, the property includes two tenant-occupied residential homes. The location is described as a desirable and fast-growing area of Asheville.

Key Highlights

  • 5.94‑acre parcel zoned RM6, ideal for multi‑family development.
  • Completed feasibility study confirms plans for eight buildings totaling approximately 96,000 square feet.
  • Over 700 feet of paved road frontage with access to city water, city sewer, and natural gas.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.94-acre parcel zoned RM6, ideal for multi-family development.
Where is this residential land & home lot located?
The property is located at 215 N Bear Creek Road Asheville, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 5.94‑acre parcel zoned RM6, ideal for multi‑family development.; Completed feasibility study confirms plans for eight buildings totaling approximately 96,000 square feet.; Over 700 feet of paved road frontage with access to city water, city sewer, and natural gas.
More about this property
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