Ed Cashwell
ABR, CRS, GRI
BEDS2
BATHS1 full
MLS#4397004
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
INVESTOR OPPORTUNITY! This 1.8 +/- acre Fairview parcel offers two existing home sites with OU zoning, no HOA, and no deeded restrictions, all on a paved, state-maintained road. You're minutes from Fairview's breweries, restaurants, and grocery stores, with an easy drive into Asheville. The property has easy access and usable topography, and the real value is in the land and the infrastructure already in place.The first home site, at 402 Sharon Rd, has a site-built 1951 2BR/1BA home of about 898 square feet. It had tenants until 2025 but is now vacant and in very poor condition, so plan on a MAJOR rebuild or a FULL TEAR-DOWN. The existing septic system was recently pumped. The second home site, at 400 Sharon Rd, has a 1983 single-wide deeded as real property. Hurricane Helene and fallen trees damaged the roof in September 2024, and leaks and mold have made it a COMPLETE TEAR-DOWN. The site is what you're buying here: a graded pad, a separate power meter, and a separate septic system. It's well suited for a new manufactured home, a large RV pad, or a workshop or garage.There's a working well near the 1951 home with a new pump installed in September 2026 and new pressure tank equipment, ready to connect. It isn't currently plumbed to either structure. Above the main house, a gently sloped wooded area offers a private third site for a new home, a garage, or outbuildings. Buyer to verify septic suitability for any new home site. With OU zoning and no deeded restrictions, you have the flexibility to rebuild, place a new home, add a shop, or simply hold the land.Sold strictly as-is. Do not enter 400 Sharon Rd due to mold and unsafe conditions. No permits found on working well or septic systems. A neighbor's water line from an off-site well crosses the property with no recorded easement, and the eastern driveway carries a cell tower easement (deeded) and neighbor use (no easement known). No survey. See full disclosures for well, septic, and easement details. Bring your contractor and your toolkit and see what you can build on this Fairview property just minutes from town!
Property Features
Property Type: Multi Unit - Multiple
Heating: None
Lot Size: 1.80 Acres
Year Built: 1951
Feature Descriptions
Appliances: Electric Range
Days on Site: 120
Exterior: Aluminum
Foundation: Crawl Space, Permanent
Laundry: Main Level
Parcel#: 9686-10-6696-00000
Parking: Driveway
Pets Allowed: Yes
Sewer: Septic Installed
Units: 2
Water: Shared Well, Other - See Remarks
Local Schools
High School: AC Reynolds
Middle School: Cane Creek
Elementary School: Fairview
Listed By / Shown By
Listed By
Agency Name: National Land Realty
Agency Contact: psnyder@nationalland.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (980) 808-9658
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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400 & 402 Sharon Road | MLS# 4397004
This multi-family property located at 400 & 402 Sharon Road, Fairview, NC 28730 is currently listed for sale with an asking price of call for price. Search Fairview real estate on edc.lakenormanrealty.com today.