502 Long Shoals Road, Arden, NC 28704

• 4 beds |
• 3 baths |
• 1,956 sqft

Property Description

Rare investor opportunity centered around potential commercial frontage on Long Shoals Road. This nearly 1-acre property offers excellent visibility along a high-traffic corridor, while the existing income-producing home sits privately toward the rear of the lot with separate driveway access from Memory Lane. Currently zoned R2, the property features a 4-bedroom, 3-bath bungalow with strong rental history, mountain views, private deck, lower-level theatre room, second primary suite with separate entry, 1-car garage, and roof replaced in 2014. The home can continue generating income while a buyer explores the long-term value of the Long Shoals Road frontage. City sewer is believed to be very close by near the corner of Memory Lane and Clayton Road, creating potential upside for a buyer willing to pursue sewer connection, subdivision, or possible commercial rezoning, all subject to applicable approvals. The property also benefits from strong sightlines near the Clayton Road intersection and visually reads like a corner lot because the lot at the intersection in front of it is not buildable. Hold the rental home, pursue the frontage opportunity, and unlock the future potential of this highly visible Long Shoals Road parcel.

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 3:17AM

Listing Office:

Walnut Cove Realty/Allen Tate/Beverly-Hanks : 828-684-5151

MLS ID:

4372104

Interior

• Appliances: Convection OvenDishwasherDisposalDryerElectric OvenElectric RangeElectric Water HeaterMicrowave
• Laundry: Electric Dryer Hookup
• Basement: Basement Garage DoorFinishedInterior Entry
• A/C: Attic Fan
• Heating: Heat Pump

Exterior

• Parking: DrivewayAttached Garage

Construction

• General: Site BuiltBasement

Location

• Road/Access: AsphaltPaved
• Originating MLS: carolina
• County: Buncombe

Lot

• Zoning: R29634883498

Utilities

• Water: City
• Sewer: Private Sewer

Financial

• Source: carolina