Southeast Land Investment Opportunity - Altamont Property Group

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99999 Mariposa Way, Asheville NC
MLS #3868291 | $9,995,000

Spanning +-342 acres located only 6 miles from downtown Asheville, this exceptional property offers one of the finest land investment opportunities in the Southeast USA.

Outstanding views from the property extend to the horizon line over layers of mountain ridges in all cardinal directions. Clearly visible landmarks include the downtown Asheville skyline, Biltmore Estate, Mount Mitchell, Mount Pisgah, the Grove Park Inn, Weaverville, the French Broad River, and more.

The topography is essentially a private mountain summit with excellent build sites throughout. The long, gently sloping ridge line allows for easy access to build sites and will allow for ease of road grading to achieve any development plans. The owner has a 21 estate lot development plan on file from Sitework Studios. Every potential build site would have sweeping long-range views and complete privacy to accommodate higher-end houses. Build sites could be oriented to both the East and West sides of the ridge line, allowing for sunrise or sunset views depending on the desired home view.

Zoned R-LD, and other use options can be achieved with plan review and approval from Buncombe County. The property is subject to Buncombe County steep slope and protected ridge overlays. City water is available (engineering docs on file). Septic(s) would be required to achieve any development plans per MSD review. Extensive road grading improvements have been completed from the private gated main entrance to reach the ridge line, allowing for an excellent head start for any development plans. Other access points to the property exist via additional ROWs, including one from paved Spivey Mountain Rd on the north end of the property.

Natural features on the property are plentiful, allowing for a beautiful and authentic Appalachian mountain setting. Mature, wide-trunk hardwood timber can be found throughout the property. Multiple springs originate from the property and flow from the ridge line. Private meadows exist on the south end of the property, allowing for the outstanding long-range views described above. Miles of existing soil roadbeds are in place, and can be used for ease of road grading or for natural surface trails. Abundant wildlife can be viewed on the property including many deer, bear, turkey, and more.

This rare property is truly one-of-a-kind. No other opportunity allows for the ownership of a private mountain summit so close to downtown Asheville, and the full range of views from the property is truly unmatched.