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Listed price in listed location currency (USD).
$195,000

310

MLS® 4377674

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 952 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $204
MLS® Number 4377674

Property Address: 205 Frazier Street, Waynesville, NC, 28786

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

Description

Exceptional Development Opportunity – 4 Unit Potential in the Heart of Waynesville! Positioned on one of the largest lots on Fraser Street, this prime 0.46-acre property offers a rare chance to capitalize on location, scale, and flexibility. Located in a rapidly growing corridor just off Highway Exit 102, the site is surrounded by major retail, restaurants, and daily conveniences—including Publix, Ingles Markets, Chick-fil-A, and Starbucks—placing future residents within minutes of everything. The property includes duplex plans tailored specifically for the lot, while current zoning allows for up to four residential units, presenting strong upside for developers and investors seeking density and long-term value. Whether you choose to move forward with the existing plans or maximize the site with a larger multi-unit build, the possibilities here are substantial. An existing structure is on site and is being sold as-is, with major preliminary work already completed—including asbestos abatement and a demolition permit in place—saving valuable time and cost in the development process. This positions the property for a smooth transition into the next phase of construction. With its combination of strategic location, generous lot size, development-ready groundwork, and flexible build potential, this is a standout investment opportunity in the heart of Waynesville. Ideal for builders, developers, or investors looking to deliver high-demand housing in a thriving market.
MLS® Number4377674
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1960
Basement
DrivewayAttached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$195,000List Price

Home Appraisal

This property is estimated to sell between: $195,000 and $235,000.
Similar properties in this area sold on average for: $221,312
Expected to sell in 138 days. Similar properties sold in 138 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
205 Frazier Street, Waynesville, NC

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