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Swannanoa Development or Estate Opportunity
For Sale
$1,400,000

000 Lytle Cove Road, Swannanoa, NC 28778

8.756 acres of wooded land with development potential.

Property SizeContact for details
Lot Size8.76 Acres
Days on Market233

Property Features for 000 Lytle Cove Road

General Information

Standard status Active
Lot size 8.76 Acres
Property subtype Land or Vacant Lot

Amenities

Level
Private
Rolling Slope
Views
Waterfall
Wooded
Listing Agency: GODFREY REALTY
Listed By: DAVID GODFREY · License #245560
Source: Corcoran
Added: Dec 19, 2025 Changed: Aug 8 Last Checked: Jul 15 at 8:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GODFREY REALTY

Investment Insights

Based on property information with market context.

This property offers an exceptional development or estate opportunity in Swannanoa, North Carolina. It includes 8.756 acres of gently lying, wooded land, along with an additional 0.079-acre road right-of-way that provides over 100 feet of road frontage for access. Public utilities are conveniently located nearby, featuring a 6-inch public water line available to the northern property line along Gibbs Street right-of-way, and a 6-inch public sewer line situated a short distance from the property. Preliminary evaluations suggest the potential for approximately 25 to 30 lots with the extension of water and sewer. The current zoning allows for duplex construction on these lots, potentially creating 50 to 60 total units, pending approvals. The property includes multiple small streams and is not located in a designated flood zone. It features highly buildable topography, making it a rare find for a tract of this size. A site development opinion has been completed, highlighting the property's strong development potential due to its topography, access, and utilities. Alternatively, the property could serve as a private estate, family compound, or long-term investment, offering privacy, natural beauty, and convenient access to Swannanoa, Black Mountain, and the greater Asheville area. This is a rare opportunity that combines scale, infrastructure access, and zoning flexibility in a rapidly growing market. The buyer is responsible for verifying zoning, density, and utility availability with Buncombe County, the Town of Swannanoa, and applicable utility providers. Intended use of the property is for development or as a private estate.

Key Highlights

  • High‑potential development opportunity: Preliminary evaluations suggest the possibility of approximately 25‑30 lots, potentially allowing for 50‑60 units with duplex construction (subject to approvals).
  • Excellent access and utilities**: Over 100 feet of road frontage, plus a 6‑inch public water line available to the northern property line and a 6‑inch public sewer line located a short distance away.
  • Buildable topography and no flood zone**: Gently lying, wooded land with highly buildable topography and not located in a designated flood zone.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Plumbing Service Garden Center Bakery Hair Salon Kitchen & Bath Showroom

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

25
Businesses Nearby

Demographics for 28778, NC

10,328
Population
4,865
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
32.5 sq mi
ZIP Area
318
Density / Sq Mi
$72,717
Median Household Income
$36,218
Median Earnings
$1,004
Median Rent
$273,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 8.756 acres of wooded land with development potential.
Where is this residential land & home lot located?
The property is located at 000 Lytle Cove Road Swannanoa, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: High‑potential development opportunity: Preliminary evaluations suggest the possibility of approximately 25‑30 lots, potentially allowing for 50‑60 units with duplex construction (subject to approvals).; Excellent access and utilities**: Over 100 feet of road frontage, plus a 6‑inch public water line available to the northern property line and a 6‑inch public sewer line located a short distance away.; Buildable topography and no flood zone**: Gently lying, wooded land with highly buildable topography and not located in a designated flood zone.
More about this property
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