Asheville Real Estate: 3 Acre Lot - $138,500 Quality and Value - Trade Plus Can Add Cash

Real Estate Broker Owner with Don Davies Real Estate/REALSEARCH/Asheville, NC

(A Note: You CANNOT leave a comment on this post, so if you wish to be contacted, please send me an Email message. Thank You)

Let's talk about a possible TRADE of our Real Estate Assets.

I am the Owner/Broker of a 3 Acre Vacant Lot  in Asheville/Leicester area - I can sell or take a Trade, or Trade Up or Down for Land or Home. Current Value of the land is $138,500 before subdivision.


As a seller or seller client of a listing agent, are you open to creative ways to sell your property?

Have you considered owning property in Asheville?

What about trading your real estate for my real estate? We adjust for differences in values, up or down or make it an equal trade.

Do you need to sell before coming to the Asheville area?

Or, do you need to reduce your real estate assets and get cash to boot if you can't sell at a favorable price?

Would you consider taking land as a cash deposit or down payment towards your purchase price?

Have you opened your mind to such transaction possibilities?

The median sales price for homes in Asheville NC for Feb 09 to Apr 09 was $175,000. This represents an increase of 6.7%, or $11,000, compared to the prior quarter and a decrease of 12.5% compared to the prior year. Sales prices have appreciated 21.5% over the last 5 years in Asheville.


This sub-dividable (per current ordinances - for more profit) 3 Acre Vacant Lot in Asheville/Leicester area  is ready to build. I Can take a Trade, or Trade Up or Down for Land or Home.

Fair Market Value (undivided) is $138,500 (I have it listed in NC Mountains MLS as Owner/Broker. Comparables are available) and I will consider trade of sub-dividable acreage/land (equal, up or down) or trade towards home.

I can trade lot plus up to $55,000+ for home but will not trade up more than $10,000 on land alone (and that would have to be dividable acreage).

I will also consider TRADES such as:
1. Trade for land or home of equal value.
2. Take trade of less expensive land or house and consider owner financing the difference.
3. Trade my land towards a house and I pay the difference from $50,000 to $70,000.

Should we consider a trade of our properties, I will also consider paying off any existing mortgage on your property up to $100,000 and transferring that debt to an owner financed loan using the 3 acre lot as collateral at 5.75%.

Areas preferred for trading: Western NC (southern end), south central TN around Chattanooga., north or south GA, northeast or south AL, SC or central to north FL. I will also consider other suggestions in these states.

I am only interested in pursuing any property, if a trade would be considered, so anyone that may consider a trade should walk  my property first or have someone trusted to walk it to decide if they would be willing to trade into it or accept it as a trade.

This surveyed 3 acre lot (MLS 451539) sits in the NW corner of Buncombe County and has long range views into a State owned Conservation/game land area of 3600 acres+- in Buncombe and Madison Counties. The other homes in the area are newer on acreage ($170,000 to $400,000 price range). A new custom home (see photos - the new construction next door is NOT for sale) is being built on an adjoining 3 acre lot for a local couple.

The lot has underground utilities/DSL/phone/cable and is ready to build on or it is in great shape to wait until you are ready to build. It can be easily be divided into 3 lots (ordinances permitting), but would also be an awesome site for just one home with room to garden or have a few animals.

CLEAN. QUALITY. Sits off State and County maintained road with its own private drive. Great views to So., SE., and No. and has several possible house sites on a nice laying knoll. Easy year round access. About 12 minutes to Sonic and grocery, pharmacy, etc., 20 minutes to UNCA campus and 25 to DT Asheville.

Cows and horses dot the landscape since it is a country setting adding to the beauty. Some mobiles in area, but not a negative here (Buncombe County is not zoned). Restricted to 1700 sq. ft. min. No Mobiles permitted. Off frame modular, Deltec, log home or stick built only.

If you don't have a trade, but are interested in buying, I will consider some owner financing (I may consider some short term (3 years) owner financing with a 20% to 25% down) or trade for land of equal value, trade up or down or take a home in trade. Can add cash on my end up to $55,000+, but not just on land alone. Send me any info on what you might have.

I will not consider property in a flood plain or that requires Flood Insurance, mobile homes on less than 5 acres or high rise condo units.

If you have something to trade or are interested in knowing more, contact me at

Owner/Broker EMAIL ME











VIEWS From this property!






Below is a photo of custom home on adjoining lot and is NOT for sale:

Neighbor's new custom home on adjoining 3 acre lot - NOT For Sale.





Views across lot from new home to neighbor with 11 acres and horses.





   These are the everyday views you can enjoy.


Go to link for MLS info.

To contact me: Personal property of OWNER/BROKER 


Asheville Named Among Top 10 Places to Buy a Second Home
Asheville was recently named among the top 10 places to purchase a second home. Follow the link below to see what other cities made the list.


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Comments 11 New Comment

Anonymous #8
Tom Albano

I have a half acre lot in Grand Haven Palm Coast a gated community in NE Fl on the MLS for 187,500 ( taxes asseted at 155,000) . Trades????


  Thanks Tom Albano

May 07, 2009 07:28 PM
Don Davies, GRI ""
"Realsearch" and Agent Referrals in Asheville NC
Don Davies Real Estate/REALSEARCH/Asheville, NC

Tom, thanks for the contact.

I would NOT be interested in this trade suggestion unless you wish to add some cash since I do not desire gated communities and I indicated I would only be interested in sub-dividable land (meaning acreage).


May 08, 2009 08:42 AM
Anonymous #10

Don -  House with Pool on approx. 1 acre in nice wooded neighborhood inbetween Spartanburg and Greenville, SC .  Appraised at $205,000 today.  Mom has cancer lives and lives in Asheville.  Need to be closer to her. 

May 19, 2009 05:52 PM
Don Davies, GRI ""
"Realsearch" and Agent Referrals in Asheville NC
Don Davies Real Estate/REALSEARCH/Asheville, NC


I would be interested in talking with you but,you need to send me an email with a return address for me to respond. This is the place to tell others what I might be interested in pursuing, but this is not the format (open to the public) to discuss our business. Please either send me an email with a return address or leave your email address on this blog. The way you sent it did not give me a way to contact you.


May 19, 2009 06:14 PM
Anonymous #12
Jimi Herndon


We have 1.8 cleared acres with a new 1,000 sq ft workshop (or multi-purpose, rv/boat storage, garage etc.) on a paved road off of SR 415 (Tamoka Farms Rd).  This is an awesome location just 3 miles south of the Daytona Speedway.  A very quiet and peaceful place with a stocked pond (great fishing).  It is zoned Res/Agr.  We are very familiar with the area as we own property in Waynesville and are planning to move as soon as we sell (or possibly trade) this piece of property.  The trade would be pretty much even as we are asking 152,900 and rural property in this area is hard to come by.  We have our property listed (including pictures) on craigs list under housing for sale dated May 30th. if you would like to check it out. If this sparks your interest please email us.  Hope to hear from you.

  Jimi Herndon

June 05, 2009 06:42 PM

Don Davies, GRI ""

"Realsearch" and Agent Referrals in Asheville NC
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