498-506 Merrimon Avenue
Asheville, NC, 28804
$699,000
- 2days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $1,563, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Buncombe, NC with 20% down. Restrictions apply.

Hope Foster, REALTOR®
Your CapCenter agent · 757-274-1537
Questions? Call (804) 648-4357
About this home
A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merrimon road. This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision. These 4 parcels make up over 145 ft of high visibility Merrimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 11/2/2026
- Time on Market
- 2 days
- Property Type
- Unimproved Land
- List Price
- $699,000
- Lot Size
- None listed
- County
- Buncombe
- HOA
- No
Interior details
Building & lot
Building
- Property Type
- Unimproved Land
Lot Info
- Parcel Number
- 9649-37-6956
Exterior Features
- Pool
- No
Parking
- Garage
- No
Ownership
Community details
School Districts
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- HOA
- No
- Zoning
- CBI
Taxes & Assessment
- Tax Assessed Value
- $333,500
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4440020
- MLS Status
- Active
Listed by: NAI Beverly-Hanks
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.

