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0000 New Leicester Highway, Asheville, NC 28806 ACTIVE 1 of 26 0000 New Leicester Highway, Asheville, NC 28806 — photo 2 0000 New Leicester Highway, Asheville, NC 28806 — photo 3 0000 New Leicester Highway, Asheville, NC 28806 — photo 4 0000 New Leicester Highway, Asheville, NC 28806 — photo 5
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Active
$1,149,000 Est. $7,917/mo — Get pre-qualified
3beds 1baths 1,032sq ft 5.39acres

0000 New Leicester Highway · Asheville, NC 28806

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Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Asheville market. This +/-5.39 acre parcel offers prime frontage on New Leicester Highway (over 500 ft on a 5-lane highway) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this very gently sloping, high-traffic site offers a rare opportunity for commercial, multifamily, or mised-use development in one of Buncombe County's fastest-growing corridors. Open use zoning, minimal site prep, over 500' frontage on two roads, 3 private wells with municipal water available.
Whether you're planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box - location, access, infrastructure, zoning flexibility, and growth potential. Property details also available at MLS #3603681.

Features & Amenities

Living Area1,032 Sq.Ft.
Bedrooms3
Baths1
HeatingElectric, Forced Air, Heat Pump
CoolingCeiling Fan(s), Heat Pump
FireplaceGas Log,Living Room
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop
Interior FeaturesBreakfast Bar, Built-in Features, Open Floorplan
LaundryElectric Dryer Hookup, Main Level
Year Built1932
ConstructionHardboard Siding
FoundationBasement, Other - See Remarks
ParkingDetached Garage
StatusActive
Lot Size5.39 Acres
Lot FeaturesCorner Lot, Creek Front, Level, Paved, Creek/Stream
CountyBUNCOMBE
Walk Score8
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 1, 2026
UtilitiesCable Available
SewerSeptic Installed
Water SourceWell
HOANo
ElementaryWest Buncombe/Eblen Elementary School
MiddleClyde A Erwin Middle School
HighClyde A Erwin High School
Presented By: Lantern Realty & Development; klawingrealtor@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 1, 2026 Price Reduced $1,200,000 → $1,149,000 ▾ $51,000 (4.3%)

Monthly Cost Estimate

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