548 Caribou RdAsheville, NC 28803

This exceptional 10-acre development site in Asheville, North Carolina, presents a unique opportunity. Located at 548 Caribou Rd, Buncombe County, zip code 28803 (APN 9657113881), this property is zoned RS4, allowing for a potential 49-lot subdivision by right. The seller is actively pursuing a rezoning effort to increase density, offering significant upside potential. The site boasts three convenient access points from private dead-end streets and benefits from readily available public utilities. This prime location makes it ideal for creating a new community of affordable or modest homes. Note that major subdivisions and rezoning require a Level 3 city review. The status of any ongoing rezoning efforts will be documented before any offer is accepted; the seller will cooperate with rezoning efforts depending on the timing of the sale. This is a rare chance to acquire a large, well-situated parcel within city limits, poised for substantial development. The asking price is $1,325,000.