$1,400,000
Community: Swannanoa in Buncombe County
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
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.
Based on information submitted to the MLS GRID as of 2026-02-12 at 4:30AM. 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.
Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Some IDX listings have been excluded from this website.
Copyright © 2026. All rights reserved.
Directions: From Asheville, take I-40 E to exit 59, Swannanoa. Turn L onto Patton Cove Rd. At Light turn R onto US-70 E for .5 miles, and at the light, turn R onto Whitson Ave St. for .3 miles. Turn L onto Railroad St., which becomes Dennis St. in a right turn. Turn L on Gibbs St. and the property will be ahead on the R, see Sign. **NOT PROPERTY ADDRESS** 110 Gibbs St., Swannanoa, NC 28778 IS THE NEIGHBORING PROPERTY ADDRESS THAT CAN BE ENTERED IN YOUR GPS THAT WILL TAKE YOU CLOSE TO THE PROPERTY
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.