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      200 Villas CourtAsheville, NC 28806MLS Number CAR3793359

      • Price: $1,950,000The price has recently decreased
      • Est. Mortgage of $/month
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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      • $1,950,000List Price
      • 5.29Acreage
      Great build and hold opportunity! 72 Proposed and Asheville City Council approved 840sf Condominium units 5 minutes from downtown Asheville. 4 Buildings with 12 units and 3 Buildings with 8 units. Per civil engineer and owner the property is currently in the process of permitting and subsequently out for bid to have a construction budget. The current condominium/townhomes from an earlier phase were completed in 2007 and are 2/2bath units with approximately 1,200-1,300sf and the last two sales have been $230,000 and $240,000 per mls. Great location and the project is suitable for stick-built or off-frame modular construction.
      Listed by Greg Palombi of The Real Estate Center

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      Basic Information

      • ForeclosureN
      • List Price$1,950,000
      • MLS NumberCAR3793359
      • MLS StatusActive

      Property

      • Acreage5.29
      • Lot Description["Cleared", "Corner Lot", "Level", "Sloped"]
      • Water Source ["Public"]
      • Zoning Description RM8

      Tax Information

      • Taxes$247,900

      Basic Information

      • Property SubTypeLand

      Location

      • Building Number200
      • CountyBuncombe
      • Directions From downtown Asheville head west on I-240 W, merge onto US 19-23 (Patton Avenue) via Exit 3A and go 1.73 miles. Turn right onto Johnston Blvd and go 1.15 miles. Turn slight left onto Cedar Hill Rd and go 0.07 miles. Turn left to stay on Cedar Hill Rd and go 0.20 mile. Take 2nd left onto Villas Ct.
      • Road Surface Type ["Paved"]
      • StateNC
      • StreetVillas Court
      • SubdivisionVillas At Cedar Hill
      • Zip28806

      School Information

      • Elementary SchoolJohnston/Eblen
      • High SchoolUnspecified
      • Junior HighJoe P Eblen

      Building

      • Elevation 2000

      Utilities

      • Sewer ["Public Sewer"]

      Water Body

      • Waterfront["Cleared", "Corner Lot", "Level", "Sloped"]

      Other

      • View Count26

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