20 Merchant Street, Asheville, NC

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$139,000

List Status: Active
20 Merchant Street
Asheville, NC 28803


Top Features
  • Lot
Description
Property Details
Additional Information
Additional Parcels YN
false
Association YN
false
CCR Subject To
Undiscovered
Carport YN
false
City Taxes Paid To
Asheville
CumulativeDaysOnMarket
155
Deed Reference
4661/0729
Directions
240 E to Exit 8 - Right on Fairview Rd. Left on Merchant St. to #20 on Left.
Elementary School
Unspecified
Foundation Details Proposed
Crawl Space, Pillar/Post/Pier
Habitable Residence YN
false
High School
Unspecified
Lease Considered YN
false
Lot Features
Wooded
Lot Size Area
0.1
Lot Size Units
Acres
Middle Or Junior School
Unspecified
Mls Major Change Type
Price Decrease
Open Parking YN
false
Parcel Number
9657-39-9073-00000
Possible Use
Residential
Previous List Price
146000
Public Remarks
This is a rare opportunity to secure the last of three premium plots in the center of Asheville’s Oakley neighborhood — a walkable community steeped in local history. The land and street carry the name of their original owner, L. L. Merchant, known for constructing Asheville’s tallest Gothic Revival building, The Jackson, in 1924. Designed with two anti-erosion terraces and a newly constructed rear retaining wall, this primed parcel is ready for your architectural vision. Direct connections are in place for natural gas, electricity, cable, city recycling, hydrant access, public works, and dedicated frontage for a city-installed sidewalk, meaning you can break ground without delay. In addition to the infrastructure, the land is already alive. Mature ten-year-old fruit trees — including Asian plum, apricot, and muscadine vine — produce thousands of pieces of fruit each season, making this not just a lot, but an urban orchard. The RS8 zoning unlocks extraordinary building potential that sets this lot apart from virtually anything else on the Asheville market. At 2, 100 feet elevation with unrestricted views, a primary structure can rise to a full 40 feet — tall enough for a rooftop deck to capture panoramic views of Asheville’s iconic mountain sunsets over Mount Pisgah and the Blue Ridge. Better still, modern zoning also permits a separate Accessory Dwelling Unit (ADU) up to 25 feet tall, allowing an 800-square-foot guest house — flexibility that dramatically amplifies the investment value. A perfect location seals the case. Just one mile from Biltmore Village, Whole Foods, and Asheville Mall, and a five-minute walk to Oakley Park’s tennis and pickleball courts, the public library, and Oakley Elementary — and only one minute from the fire and police departments — 20 Merchant Street places you in one of the city’s most convenient and community-rooted neighborhoods. Contact me today and let’s make your dream home a reality.
Restrictions
No Representation
Road Frontage Type
City Street
Road Responsibility
Publicly Maintained Road
Road Surface Type
Paved
Senior Community YN
false
Sewer
Public Sewer
Subdivision Name
Oakley
Syndicate Participation
Participant Options
Syndicate To
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Tax Assessed Value
92600
Utilities
Natural Gas
Water Source
City
Zoning Specification
RS8
Neighborhood Map
Popup

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MLS #CAR4309679 Listing courtesy of Town And Mountain Realty provided by Canopy MLS as distributed by MLS GRID.

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