$139,000

For Sale

5 months ago

20 Merchant St, Asheville, NC

Name: 20 Merchant St, For Sale in Asheville - eXp Realty
Brand: Town and Mountain Realty
SKU: 4309679
Price: 139000 USD

MLS® 4309679

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Other

Levels Land

Size -

Garage No

Taxes

Days Active 154

Lot Size

Approx. Age

MLS® Number 4309679

Property Address: 20 Merchant St, Asheville, NC, 28803-1323

Average square foot calculated using Size range provided by listing agent.

Description

This is a rare opportunity to secure the last of three premium plots in the center of Asheville’s Oakley neighborhood — a walkable community steeped in local history. The land and street carry the name of their original owner, L. L. Merchant, known for constructing Asheville’s tallest Gothic Revival building, The Jackson, in 1924. Designed with two anti-erosion terraces and a newly constructed rear retaining wall, this primed parcel is ready for your architectural vision. Direct connections are in place for natural gas, electricity, cable, city recycling, hydrant access, public works, and dedicated frontage for a city-installed sidewalk, meaning you can break ground without delay. In addition to the infrastructure, the land is already alive. Mature ten-year-old fruit trees — including Asian plum, apricot, and muscadine vine — produce thousands of pieces of fruit each season, making this not just a lot, but an urban orchard. The RS8 zoning unlocks extraordinary building potential that sets this lot apart from virtually anything else on the Asheville market. At 2, 100 feet elevation with unrestricted views, a primary structure can rise to a full 40 feet — tall enough for a rooftop deck to capture panoramic views of Asheville’s iconic mountain sunsets over Mount Pisgah and the Blue Ridge. Better still, modern zoning also permits a separate Accessory Dwelling Unit (ADU) up to 25 feet tall, allowing an 800-square-foot guest house — flexibility that dramatically amplifies the investment value. A perfect location seals the case. Just one mile from Biltmore Village, Whole Foods, and Asheville Mall, and a five-minute walk to Oakley Park’s tennis and pickleball courts, the public library, and Oakley Elementary — and only one minute from the fire and police departments — 20 Merchant Street places you in one of the city’s most convenient and community-rooted neighborhoods. Contact me today and let’s make your dream home a reality.

MLS® Number4309679

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 9, 2025List Date

$139,000List Price

Commute

Commute

Starting Address

Destination Address

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