99999 Hillside Terrace, Asheville, NC 28806

Listing agent MARK MORRIS

Listing office NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL

Listing date Apr 29, 2025

Source Corcoran

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

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Overview

This 32.39-acre property in the Malvern Hills community presents a development opportunity suitable for affordable, workforce, or market-rate housing. The RS4 zoned land, family-owned since 1944, is located in both City and County school districts. The site offers four street access points and existing sidewalks along Wendover Road. Utilities are available at the site. The land, once part of a 9-hole golf course, hotel (destroyed by fire in 1891), and park in the 1920s, has potential for conservation, park, and greenway elements. Floodplain elements can be incorporated into greenway, park, or other conservation uses. The property's history may be used for developmental modeling to garner greenway and workforce incentives.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Asheville

County

Buncombe

State

North Carolina

Longitude

-82.6161

Latitude

35.5653

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FAQs

What type of property is this?

Land - 32.39 acres in Malvern Hills suitable for housing development.

Where is this land located?

The property is located at 99999 Hillside Terrace Asheville, NC.

What is the asking price?

The asking price for this property is $5,250,000.

What are key features of this property?

This property features: Large 32.39 acre development opportunity in West Asheville's Malvern Hills community.; Suited for affordable, workforce, or market‑rate housing development.; RS4 zoning with 4 street access points and existing sidewalks.