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    173 Avery Creek Rd Arden, NC 28704

    For Sale
    $14,850,000

    Over 47 acres of land near Asheville with equestrian facilities.

    Property Features for 173 Avery Creek Rd

    General Information

    Standard status
    Active

    Source: PREMIER SOTHEBYS INTERNATIONAL REALTY Agent MARILYN WRIGHT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land Near Walnut Cove

    This property features over 47 acres of gently rolling, beautifully contoured land bordering the Cliffs at Walnut Cove. The landscape includes open pastures, mature woodlands, and a tranquil pond. Multiple premier build sites offer various perspectives of the surrounding landscape, suitable for a private estate. An existing residence is available as a renovation project or temporary dwelling and is being sold as is. The land is suited for equestrian pursuits, featuring a seven-stall barn with a tack room. Expansive open fields are suitable for gardening, recreation, or open space, while wooded areas and the pond add tranquility. The property is located minutes from Asheville, offering access to dining, cultural attractions, modern conveniences, hiking trails, and the Blue Ridge Parkway. This tract offers seclusion and accessibility, presenting an opportunity to shape a future of uncommon character and possibility. The property is also listed in MLS under Residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arden
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5899276
    Latitude
    35.4635194

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    FAQs

    What type of property is this?
    Agricultural land - Over 47 acres of land near Asheville with equestrian facilities.
    Where is this agricultural land located?
    The property is located at 173 Avery Creek Rd Arden, NC.
    What is the asking price?
    The asking price for this property is $14,850,000.
    What are key features of this property?
    This property features: - Expansive 47+ acre property bordering the Cliffs at Walnut Cove, offering privacy and natural beauty.; - Multiple premier build sites suitable for a family compound, equestrian retreat, or mountain sanctuary.; - Seven-stall barn with tack room, ideal for equestrian activities or hobby farming.
    (828) 277-3238
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    Arden, NC 28704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    173 Avery Creek Rd Arden, NC 28704
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