20 Merchant Street, Asheville, NC 28803
Local realty services provided by:ERA Live Moore
Listed by: seth connelly
Office: town and mountain realty
MLS#:4309679
Source:CH
20 Merchant Street,Asheville, NC 28803
$129,000
- 0.1 Acres
- Lots / Land
- Active
Price summary
- Price:$129,000
About this home
This is a rare opportunity to secure the last of three premium plots in the center of Asheville’s Oakley neighborhood — a walkable community steeped in local history. The land and street carry the name of their original owner, L. L. Merchant, known for constructing Asheville’s tallest Gothic Revival building, The Jackson, in 1924.
Designed with two anti-erosion terraces and a newly constructed rear retaining wall, this primed parcel is ready for your architectural vision. Direct connections are in place for natural gas, electricity, cable, city recycling, hydrant access, public works, and dedicated frontage for a city-installed sidewalk, meaning you can break ground without delay. In addition to the infrastructure, the land is already alive. Mature ten-year-old fruit trees — including Asian plum, apricot, and muscadine vine — produce thousands of pieces of fruit each season, making this not just a lot, but an urban orchard.
The RS8 zoning unlocks extraordinary building potential that sets this lot apart from virtually anything else on the Asheville market. At 2,100 feet elevation with unrestricted views, a primary structure can rise to a full 40 feet — tall enough for a rooftop deck to capture panoramic views of Asheville’s iconic mountain sunsets over Mount Pisgah and the Blue Ridge. Better still, modern zoning also permits a separate Accessory Dwelling Unit (ADU) up to 25 feet tall, allowing an 800-square-foot guest house — flexibility that dramatically amplifies the investment value.
A perfect location seals the case. Just one mile from Biltmore Village, Whole Foods, and Asheville Mall, and a five-minute walk to Oakley Park’s tennis and pickleball courts, the public library, and Oakley Elementary — and only one minute from the fire and police departments — 20 Merchant Street places you in one of the city’s most convenient and community-rooted neighborhoods.
Contact me today and let’s make your dream home a reality....
Contact an agent
Home facts
- Listing ID #:4309679
- Updated:June 13, 2026 at 01:21 PM
Structure and exterior
- Lot area:0.1 Acres
- Lot Features:Wooded
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$129,000
New listings near 20 Merchant Street
- New
$8,750,000Active4 beds 6 baths8,494 sq. ft.83 Summit Tower Circle, Asheville, NC 28804
MLS# 4377034Listed by: PREMIER SOTHEBYS INTERNATIONAL REALTY - New
$550,000Active3 beds 4 baths2,287 sq. ft.32 Mayfair Drive, Candler, NC 28715
MLS# 4392323Listed by: BUNCOMBE REALTY - New
$244,000Active2 beds 2 baths1,222 sq. ft.409 Carlyle Way, Asheville, NC 28803
MLS# 4392265Listed by: COLKEN REALTY - New
$168,000Active0.56 Acres128 Riverbend Forest Drive #24, Asheville, NC 28805
MLS# 4392501Listed by: HOWARD HANNA BEVERLY-HANKS ASHEVILLE-DOWNTOWN - New
$4,150,000Active5 beds 8 baths5,516 sq. ft.123 Wembley Road, Asheville, NC 28804
MLS# 4392836Listed by: HOWARD HANNA BEVERLY-HANKS ASHEVILLE-NORTH - New
$259,000Active1 beds 1 baths20 Utopia Road, Asheville, NC 28805
MLS# 4392842Listed by: EXP REALTY LLC - New
$1,990,000Active4 beds 4 baths4,171 sq. ft.11 Magnolia View Trail, Asheville, NC 28804
MLS# 4392960Listed by: HOWARD HANNA BEVERLY-HANKS FLETCHER - New
$897,000Active4 beds 4 baths3,001 sq. ft.2 Bevlyn Drive, Asheville, NC 28803
MLS# 4393117Listed by: HOWARD HANNA BEVERLY-HANKS ASHEVILLE-BILTMORE PARK - New
$459,900Active3 beds 2 baths2,095 sq. ft.9 Cedar Hill Road, Asheville, NC 28806
MLS# 4393042Listed by: HOWARD HANNA BEVERLY-HANKS ASHEVILLE-NORTH - New
$1,250,000Active5 beds 4 baths2,988 sq. ft.28 Ridgefield Place, Asheville, NC 28803
MLS# 4393041Listed by: OPENDOOR BROKERAGE LLC