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$469,000 Just Listed
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Property Description
Almost an acre in Asheville with an updated home, creek, and the potential for multiple additional homesites without sacrificing the existing home. Offering an uncommon combination of privacy, usable land, and future potential, this property presents possibilities that are increasingly difficult to find within Asheville city limits. The spacious lot features a gently flowing creek along the rear of the property, ample open space, and a setting that feels private while remaining close to Biltmore Village and East Asheville shopping, restaurants, and local amenities. Whether you're seeking development potential, a private estate, family compound, or investment opportunity, this unique parcel offers exceptional flexibility. The property includes a thoughtfully updated home that is move-in ready and provides immediate value for homeowners and investors alike. Ownership has completed extensive due diligence regarding future development possibilities. Research conducted to date suggests the potential for three or more additional homesites, subject to buyer verification and all applicable approvals. Survey available for review. Buyer to verify all information deemed important. Agent/owner.
Full Property Details
Full Property Details for 215 Merchant St
General
- Price: $469,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4391870
- Updated: 6/11/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: None
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Mud Room, Utility Room, Inside, Main Level, Washer Hookup
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: GPS is accurate.
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Aluminum
- Main/1st Level: 720 Sq. Ft.
- Year Built: 1965
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Creek Front, Green Area, Level, Private, Creek/Stream, Wooded
- Rcmdd Zoning: RS8
Financial Considerations
- Terms: Cash, Construction Perm Loan, Conventional
Disclosures and Reports
- Property ID: 965747307100000
- Lot Number: 6542/1280
Listed by Malin & Co. Realty Group, LLC
Get Pre-Approved Today
Schools
Schools serving 215 Merchant St
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Oakley Elementary 753 Fairview Road, Asheville, NC 28803 | PK-5 | 0.4 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 2.4 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 215 Merchant St
Date
Details
Price
Change
Source
6/10/2026
Listed
$469,000
118.14%
MLS
10/28/2025
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 215 Merchant St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,325
117%
$134,000
-1%
2023
$610
1%
$135,500
—
2022
$604
—
$135,500
—
2021
$604
21%
$135,500
30%
2020
$498
—
$104,000
—
2019
$498
—
$104,000
—
2018
$498
-1%
$104,000
—
2017
$503
-1%
$104,000
10%
2015
$509
1%
$94,400
—
2014
$502
—
$94,400
—
2013
$502
—
$94,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 215 Merchant St
215 Merchant Street, Asheville, NC 28803 (MLS# 4391870) is a Single Family property with 3 bedrooms and 1 full bathroom. 215 Merchant Street is currently listed for $469,000 and was received on June 10, 2026. Want to learn more about 215 Merchant Street? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

