Exceptional development or estate opportunity in Swannanoa. This offering includes 8.756 acres of gently lying, wooded land, plus an additional .079-acre road right-of-way, parcel B on survey, at the front providing over 100+ feet of road frontage for excellent access (ROW not owned by seller but benefits ingress/egress).
Public utilities are nearby, with a 6-inch public water line available to the northern property line along Gibbs Street right-of-way, and there's a 6-inch public sewer line located a short distance from the property. With the extension of water and sewer, preliminary evaluations indicate the potential for approximately 25–30 lots. Current zoning would allow duplex construction of those lots, creating the possibility of 50–60 total units, subject to approvals.
The property features multiple small streams, is not located in a designated flood zone, and offers highly buildable topography—a rare combination for a tract of this size. A site development opinion has been completed, and when considering topography, access, and utilities, the property presents strong development potential.
Alternatively, the property would make a beautiful private estate, family compound, or long-term investment hold, offering privacy, natural beauty, and convenient proximity to Swannanoa, Black Mountain, and the greater Asheville area.
A rare opportunity combining scale, infrastructure access, and zoning flexibility in a rapidly growing market.
Zoning, density, and utility availability to be verified by the buyer with Buncombe County, the Town of Swannanoa, and applicable utility providers.
Active
$1,400,000
0 Lytle Cove Rd, Swannanoa, NC 28778
--beds
--baths
8.76Acres
Unimproved Land
Built in ----
8.76 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Multiple small streams
- 14 days |
- 55 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 08:13am
Listing Provided by:
David Godfrey godfreyrealtyteam@gmail.com,
Godfrey Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4329977
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- On waterfront: Yes
- Waterfront features: None, Creek, Creek/Stream
- Frontage length: Road Frontage: 100
Lot
- Size: 8.76 Acres
- Features: Level, Private, Rolling Slope, Wooded, Views, Waterfall
Details
- Additional parcels included: See Plat for Parcel B "Area Of Gap" .079 acres, Right-of-Way with property
- Parcel number: 969828643700000
- Zoning: R1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer, Tap Fee Required, Other - See Remarks
- Water: City, Tap Fee Required, Other - See Remarks
Community & HOA
Location
- Region: Swannanoa
Financial & listing details
- Tax assessed value: $171,400
- Date on market: 12/18/2025
- Cumulative days on market: 15 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Listed for sale | $1,400,000+11566.7% |
Source: | ||
| 8/12/2025 | Sold | $12,000-55.6% |
Source: | ||
| 6/11/2024 | Listed for sale | $27,000-25% |
Source: | ||
| 12/20/2023 | Listing removed | -- |
Source: | ||
| 9/7/2023 | Listing removed | $36,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 28778
Nearby schools
GreatSchools rating
- 4/10W D Williams ElementaryGrades: PK-5Distance: 1 mi
- 6/10Charles D Owen MiddleGrades: 6-8Distance: 1.1 mi
- 7/10Charles D Owen HighGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: WD Williams
- Middle: Charles D Owen
- High: Charles D Owen
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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