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$995,000
39 Days On Site

502 Long Shoals Road
Arden, NC 28704

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
1,956
SqFt
$509
/SqFt
1966
Built
Subdivision:
None
County:
Buncombe

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502 Long Shoals Road502 Long Shoals Road502 Long Shoals Road502 Long Shoals Road
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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 sight lines 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. Owner also owns the property next door at 506 Long Shoals, if interested in more frontage potential, please reach out.

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Listing Snapshot
Price 
$995,000
Days On Site 
39 Days
Bedrooms 
4
Inside Area (SqFt) 
1,956 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.95 Acres
Year Built 
1966
MLS® Number 
4372104
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
1
Levels 
Two
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Private Sewer
SqFt Above 
1226
SqFt Below 
730
SqFt Total 
1956
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Convection OvenDishwasherDisposalDryerElectric OvenElectric RangeElectric Water HeaterMicrowave
Basement 
FinishedInterior Entry
Cooling 
Attic Fan
Heating 
Heat Pump
Laundry Features 
Electric Dryer Hookup
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Exterior Features
Construction Details 
BlockStone Veneer
Community Features
Roads 
AsphaltPaved
Schools
School District
Unknown
Elementary School
Avery's Creek/Koontz
Middle School
Valley Springs
High School
T.C. Roberson
Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-05-29 09:30 PM UTC

Neighborhood & Commute
Source: Walkscore
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