48 Swannanoa River Road
48 Swannanoa River Road
Asheville, NC 28805
$3,375,000
- Lot Size: 5.003 Acres
Description
Prime 5-acre tract in Asheville’s Urban Place zoning district, offering unique development potential along the Swannanoa River. This mildly sloping, riverfront parcel lies within the floodplain and was recently impacted by flooding—ideal for visionary investors seeking an adaptive commercial, multi residential and/or recreational use. Located minutes from downtown and halfway between the thriving east– west corridors of Biltmore Ave. and Tunnel Rd, the site offers high visibility and easy access. Leverage Asheville’s growing demand for creative, sustainable spaces in a dynamic area. Buyer due diligence required relative to elevation on pilings &/or surface parking below.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Unimproved Commercial |
| Year Built : | 1920 | Construction Type : | N/A |
| Lot Size : | 5.003 Acres |
Property Features
- Flood Fringe Area
- Flood Plain/Bottom Land
- Creek/Stream
Views
- City
- Mountain(s)
More Information
- Construction : Other - See Remarks
- Roof : Other - See Remarks
- Parking : Driveway, Other - See Remarks
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash
- Possible Use : Commercial, Development
Based on information submitted to the MLS GRID as of 08-16-2025 19:15:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.