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502 Long Shoals Road
Arden NC 28704 US

$995,000

Active Listing ID 4372104
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4 bed
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3.00 Bath (3 Full)
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Lot: 0.95 Acres
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Single Family Residence

$995,000

Active Listing ID 4372104
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502 Long Shoals Road 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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Property Features

  • Facts
  • Lot Size: 0.95 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Attic Fan
  • Heating Fuels: Heat Pump (Heating)
  • Additional Features
  • Basement

School Information

  • School
  • Avery's Creek/Koontz(Elementary)
  • Valley Springs(MiddleSchool)
  • T.C. Roberson(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 995000
  • unparsedaddress: 502 Long Shoals Road
  • postalcity: Arden
  • stateorprovince: NC
  • country: US
  • postalcode: 28704
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.95
  • lotsizeunits: Acres
  • lotsizearea: 0.95
  • livingarea: 1598
  • livingareaunits: Square Feet
  • latitude: 35.479466
  • longitude: -82.566726
  • listagentfullname: Matt Payne
  • listagentemail: matt@walnutcoverealty.com
  • listagentkey: 3yd-CMLSNC-80391
  • listagentmlsid: 80391
  • listagentpreferredphone: 2313302163
  • listagentofficephone: 2313302163
  • listofficekey: 3yd-CMLSNC-NCM100524
  • listofficemlsid: NCM100524
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1966
  • listingcontractdate: 2026-04-20
  • listagenturl: http://www.allentate.com
  • countyorparish: Buncombe
  • parcelnumber: 9634883498
  • elementaryschool: Avery's Creek/Koontz
  • highschool: T.C. Roberson
  • appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • cooling: Attic Fan
  • constructionmaterials: Block, Hardboard Siding, Stone Veneer
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage - Attached, Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bedroom 3
  • basement: Interior Entry, Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.56673, 35.479465
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Allen Tate Company", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matt@walnutcoverealty.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"client.relations@allentate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CMLSNC/c5ababc31d26048e011d26560ffc00af/20101217092630178.png", "ListBrokerageName":"Allen Tate Company", "ListBrokeragePhone":"(800) 210-0321", "ListBrokeragePostalCode":"28210", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6700 Fairview Road", "ListBrokerageWebsiteUrl":"http://www.allentate.com", "ListOfficeAddress1":"1874 Brevard Road, Suite 125 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM100524", "ListOfficeCity":"Arden", "ListOfficeCountry":"US", "ListOfficeEmail":"david.bailey@allentate.com", "ListOfficePostalCode":"28704", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Arden, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/502-Long-Shoals-Rd_Arden_NC_28704_M61947-22247?f=listhub&s=CMLSNC&m=4372104&c=rexren", "MLSModificationTimestamp":"2026-05-07 15:09:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":1, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Deed Date:03/18/2016 Deed:5406-1342 Plat:0000-0000", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/7/2026 3:39:37 PM GMT
Source Updated Date: 5/10/2026 6:40:17 PM GMT

Courtesy of: Matt Payne, Walnut Cove Realty/Allen Tate/Beverly-Hanks, matt@walnutcoverealty.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.