LKV Realty
Logo
$995,000
$5,000Reward *
502 Long Shoals Road, Arden, NC 28704Listing ID 4372104

502 Long Shoals Road, Arden, NC 28704

Active
Time on site: 117 daysLast updated: Aug 7, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
1,956
Days on Site
Days on Site
116
Cooling
Cooling
Attic Fan
Heating
Heating
Heat Pump
Year Built
Year Built
1966
Garages
Garages
1
Parking
Parking
Driveway, Attached Garage

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.

Property Information

Property Details

Location

Address
502 Long Shoals Road
County
Buncombe
City
Arden
Zip Code
28704
High School
T.C. Roberson
Elementary School
Avery's Creek/Koontz

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3

Building

Building Information

Square Feet
1,956
Year Built
1966
Construction
Block, Hardboard Siding, Stone Veneer
Foundation
Basement

Financial

Special Conditions
None
Walnut Cove Realty/Allen Tate/Beverly-Hanks, (828) 684-5151

Market Report for 28704

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Canopy MLS
Canopy MLS logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 04:54 AM UTC. 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.

For corrections to this data please contact Brytecore MLS Support.

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