TBD Overlook Road in Asheville, NC 28803
$3,200,000
Community: Asheville in Buncombe County
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We are pleased to present this rare opportunity to purchase a +-20.9 acre infill tract in the highly desirable Overlook Road area of South Asheville. Near Biltmore Park, this high traf?c thoroughfare is arguably one of the most desirable areas for residential growth in the market, with virtually no new construction available. This property is entitled for 40 duplexes (80 townhome style units) on 40 lots. The seller believes that approval for an 80 lot subdivision, creating true townhomes, could be obtained. The site design was completed by Brooks Engineering and all permits are in hand or are available subject to posting a bond for stormwater. The seller will convey the design and entitlements, or the buyer is welcome to pursue their own plans for this site. *Additional DD materials upon request - Ph I Environmental Report, Easements with adjoining property owners, Numerous Permit and Approval documents, Traf?c Impact Analysis, Geotech, Full Architectural (To be negotiated).
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Directions: Hendersonville Rd S to Overlook Rd. Travel approximately 1 Mile to property on the Rt. Turn at Delchester Ln.
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