215 Merchant Street, Asheville, NC 28803 | MLS #4391870 | Ivester Jackson Blackstream
 
Listing provided courtesy of Malin & Co. Realty Group, LLCMLS# 4391870MLS ProviderContact Information: [email protected]
  • 19 days on site
  • 0 views

Rare Asheville infill opportunity: approximately 0.97 acres with an existing residence and potential development opportunity just minutes from Biltmore Village. Preliminary research indicates the property may be suitable for a subdivision or even a cottage development concept utilizing the existing residence along with additional units, subject to buyer verification, design, permitting, and all applicable approvals. The property's size, layout, existing home placement, utility availability, and natural open-space features create a unique opportunity rarely found this close to downtown Asheville. Situated on approximately 0.97 acres, this unique property offers a combination that is becoming increasingly difficult to find in Asheville: usable land, city convenience, and meaningful future potential. A gentle creek winds along the rear of the property, creating a natural green-space setting that enhances both privacy and character. The existing home has been thoughtfully updated and provides immediate functionality while preserving flexibility for future plans. Set back from the street, the home allows buyers to enjoy the property today while exploring additional possibilities tomorrow. Whether you're searching for a private residence, investment property, family compound, or future development opportunity, this property offers a rare combination of lifestyle, land, location, and potential. Survey available for review. Buyer to verify all development potential, density, permitted uses, and suitability for any future development plans.

Source: Canopy MLS, MLS#: 4391870

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  • Property Type
    Residential

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  • Median Age
    42
  • Population Density
    882
  • College Educated
    59%
  • Estimated Median Income
    $55,658
  • Estimated Total Home Owners
    7,407
  • Estimated Total Renters
    7,459
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    2
  • Total Population
    34,126
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 215 Merchant Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: Canopy MLS Price Reduction
$449,000 -4.3%
6/27/2026Source: Canopy MLS Price Reduction
$449,000 -4.3%
6/15/2026Source: Canopy MLS Added to Database
June 15, 2026
6/10/2026Source: Canopy MLS Added to Database
June 10, 2026
11/14/2025Source: Canopy MLS Status Change
Closed
9/29/2025Source: Canopy MLS Status Change
Under Contract-Show
8/9/2025Source: Canopy MLS Price Reduction
$335,000 -5.6%
5/30/2025Source: Canopy MLS Price Reduction
$355,000 -2.7%
12/9/2024Source: Canopy MLS Price Reduction
$365,000 -3.7%
10/24/2024Source: Canopy MLS Price Reduction
$379,000 -2.6%
7/31/2024Source: Canopy MLS Added to Database
July 31, 2024