Build for Rent Multi Family Opportunity - up to 10 units. West Asheville RM8 development opportunity with extensive site work already completed. This .41-acre property includes four engineered building areas supporting up to 10 total units per the current layout: three units each on the two eastern pads (101 & 105 Arline Henry Way) and two units each on the two western pads. The site has undergone major improvements including substantial grading, significant imported and compacted fill dirt, full stormwater installation, new sewer line extension with one new manhole, retaining walls, tree clearing, and utility preparation. Final pad cuts have not yet been made, allowing the next owner to shape each building area to fit their design needs. Entitlements are approximately 99% complete, with only updated stormwater calculations being finalized and no anticipated changes to the approved layout or density. RM8 zoning allows a wide range of small multifamily formats including duplexes, triplexes, and attached product. Seller financing is available. A rare infill development site in a highly desirable West Asheville location. Seller is a NC Licensed Real Estate Broker.
Active
$749,000
101 Arline Henry Way, Asheville, NC 28806
--beds
--baths
0.41Acres
Unimproved Land
Built in ----
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare infill development site
- 19 days |
- 84 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 12:11pm
Listing Provided by:
Aaron Palmer aaron@groundfloorproperties.com,
CENTURY 21 Connected
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4321984
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.41 Acres
- Features: Cleared, Infill Lot, Sloped
Details
- Parcel number: 9638524163
- Zoning: RM8
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Asheville
- Elevation: 1000 Feet
Financial & listing details
- Tax assessed value: $152,700
- Annual tax amount: $1,555
- Date on market: 12/4/2025
- Listing terms: Cash,Construction Perm Loan,Conventional,Exchange,Owner Financing
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,117/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $749,000+383.2% |
Source: | ||
| 8/13/2021 | Sold | $155,000+900% |
Source: Public Record Report a problem | ||
| 1/16/2004 | Sold | $15,500+244.4% |
Source: Public Record Report a problem | ||
| 5/4/1998 | Sold | $4,500 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,555 +2.6% | $150,500 |
| 2023 | $1,516 -6.2% | $150,500 -7.1% |
| 2022 | $1,615 +3.5% | $162,000 +3.5% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 28806
Nearby schools
GreatSchools rating
- 5/10Hall Fletcher ElementaryGrades: PK-5Distance: 0.4 mi
- 7/10Asheville MiddleGrades: 6-8Distance: 1.5 mi
- 5/10Asheville HighGrades: PK,9-12Distance: 1.6 mi
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