502 Long Shoals Rd

Arden, NC 28704

$995,000
Price
4
Beds
1,956 Sq. Ft.
$509 / Sq. Ft.
1,956
Sq. Ft.
$509
per Sq. Ft.
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a view of a house with a wooden fence
a view of entryway
a view of balcony with furniture
a building outdoor space with patio furniture
a view of a door and a window
a living room with furniture and a large window
a living room with furniture and a fireplace
a living room with furniture and a large window
a utility room with sink dryer and washer
a large bed sitting in a bedroom next to a window
a bathroom with a granite countertop toilet sink and mirror
a bathroom with a granite countertop sink mirror vanity and toilet
a bathroom with a mirror and a sink
a bedroom with a bed and a window
a bedroom with a bed and a chandelier
a bedroom with a bed a window and a chandelier
a living room with furniture and a flat screen tv
a backyard of a house with lots of green space
a view of a balcony with wooden fence and floor
a view of a two chairs in the roof deck
a view of balcony with wooden floor and fence
a balcony with trees
a view of a house with a yard
a backyard of a house
a front view of a house with a yard and garage
a front view of a house with garden
a view of a house with a yard
a view of a forest
a view of balcony with wooden floor and fence
a view of a balcony with wooden floor and outdoor space
a backyard of a house with lots of green space
a view of a forest from a forest

Description

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...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.
  1. Listed by Walnut Cove Realty/Allen Tate/Beverly-Hanks • matt@walnutcoverealty.com

Property Details for 502 Long Shoals Road

Waterfront Features
None
Parking Features
Driveway, Attached Garage
Subdivision Name
None
LISTING UPDATED: 05/14/2026 11:45 AM

Property Details for 502 Long Shoals Road

StatusActive
MLS #4372104
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1966
Lot Size0.95 AC / 41,382 SF
CountyBuncombe County
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Location

Listing Courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks
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Building Information for 502 Long Shoals Road

Stories-Year Built1966Building Size-Lot Size0.95 AC / 41,382 SF

Payment Calculator

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$5,099 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,958

Property Taxes

$141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 502 Long Shoals Road

Summary
Location and General Information
  • Longitude: -82.566726
  • Latitude: 35.479466
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $263,100.00
  • Parcel Number: 9634883498
  • City Taxes Paid To: Skyland
School Information
  • Middle Or Junior School: Valley Springs
  • High School: T.C. Roberson
  • Elementary School: Avery's Creek/Koontz
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 1.0
  • Garage YN: Yes
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 1226.0
  • Below Grade Finished Area: 730.0
  • Sq Ft Garage: 366
  • Sq Ft Lower: 0
  • Sq Ft Main: 1226
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 488
  • Sq Ft Unheated Total: 488
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 1956.0
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: No
  • New Construction YN: No
  • Photos Count: 32
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Private Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Hardboard Siding, Stone Veneer
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Paved
Interior Features
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Levels: Two
  • Cooling: Attic Fan
  • Heating: Heat Pump
  • Laundry Features: Electric Dryer Hookup
  • Fireplace YN: No
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Basement Garage Door, Finished, Interior Entry
  • Bedroom Basement: 1
  • Bedroom Main: 3
  • Full Bath Basement: 1
  • Full Bath Main: 2
  • Half Bath Basement: 0
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 1.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main

Property History for 502 Long Shoals Road

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

CANOPY #4372104

$995,000—
Mar 18, 2016

Closed (Public Record)

Public Record #567140261

$150,000—
Mar 18, 2016

Closed

CANOPY #594640

$150,000—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

CANOPY #4372104

$995,000
03/18/2016

Closed (Public Record)

Public Record #567140261

$150,000
03/18/2016

Closed

CANOPY #594640

$150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Long Shoals Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,696 ($141 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,616 SqFtAbove Grade Finished SqFt1,216 SqFtFinished Basement SqFt400 SqFtUnfinished Basement SqFt816 SqFtStories1Lot Size41,818 SqFtStyleSingle Family ResidenceYear Built1966ZoningDEED DATE:03/CountyBUNCOMBEAPN9634-88-3498-00000Fireplace TypeHas Fireplace

Schools near 502 Long Shoals Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Avery's Creek Elementary
Public - PK to 4
Koontz Intermediate School
Public - 5 to 6
Valley Springs Middle
Public - 5 to 8
T C Roberson High
Public - 9 to 12
Rating
School
Distance
Avery's Creek Elementary
PublicPK to 4

Koontz Intermediate School
Public5 to 6

Valley Springs Middle
Public5 to 8

T C Roberson High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 502 Long Shoals Road, Arden, NC 28704

502 Long Shoals Road is a single family home for sale in Arden, NC 28704. This property was listed for sale on April 20, 2026 by Walnut Cove Realty/Allen Tate/Beverly-Hanks, it's currently listed at $995,000. It has been on the market for a total of 73 days and was last sold on March 18, 2016. This listing's school district is Buncombe County Schools. Nearby schools include Avery's Creek Elementary, Koontz Intermediate School and Valley Springs Middle. 502 Long Shoals Road is a 4-bed, 3-bath, 1,956 sqft single family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks

Based on information submitted to the MLS GRID as of 05/14/2026 11:45 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.