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477 Woodland Dr
Waynesville, NC 28786
Land For Sale · 3.58 AC

Investment Highlights

  • Convenience and amazing opportunity to live near the Town of Waynesville's 52 acres of Parks and Recreation Land
  • Western facing for beautiful sunsets
  • Year round views off the main road with lush and diverse ecological attributes

Executive Summary

A portion of 477 Woodland Drive, this 3.575 acre parcel is a unique opportunity to bridge one of the last remaining "underutilized pedestrian friendly gateways" to downtown Waynesville, the largest town west of Asheville (only 25 minutes away). Waynesville is well known as the gateway to the Great Smokey and Blue Ridge Mountains and is currently growing at a robust rate.
This parcel abuts the Town's highly utilized and acclaimed 52-acre Parks and Recreation land and the Richland Creek Greenway which is ever expanding for pedestrian enjoyment.
The Woodland Road site has easy access to all local amenities: North Main Street in historic downtown Waynesville is a 1 mile walk or bike ride away. Interstate corridors and all other services, including groceries, entertainment and medical services are under a 3-mile drive away.
Nestled between vast mountain peaks, this 3.575-acre property offers breathtaking views all year round. Woodland Drive is a bucolic country road (state maintained) and is rich in history. The land has a number of easily accessible building sites and has an ecological beauty and diversity that is the main attraction of Western North Carolina. The site has approximately 580 feet of state-maintained frontage on Woodland Drive connecting to the Richland Creek Greenway.
Currently in the Towns ETJ, Woodland Drive is Zoned RC-NR (Racoon Creek Neighborhood Residential). Current permitted uses include a Cultural and Community Facility, Adult Day Care, single or multi-family townhomes with short-term rentals. Additional permitted usages are subject to additional standards. See attachments. Annexation to the Town is another option. Sewer and water are not far away. Electric and telecommunications are on site.
Setbacks: The Blue Ridge Southern Railroad Short Line borders the NW boundary of the property. It currently has 100’ setbacks. In 2021, the Planning Board of the Town of Waynesville’s initiated a Railroad Corridor study to “implement a railroad overlay district to encourage redevelopment along the railroad corridor, especially in areas with access to (the) existing / future (Richland Creek) Greenway”.
The town has a 60’ private ROW along the southern boundary of the property which crosses the Railroad and accesses their 6.97 pasture designated for future parks and recreation community services. (See attached plat.)
Additional acreage available.

Property Facts

Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Hospitality
  • Community Center
  • Daycare Center
  • Horse Stables
  • Lodge or Meeting Hall
  • Parking Lot
  • Single Family Residence
Total Lot Size 3.58 AC
Zoning RC-NR - Racoon Creek Neighborhood Residential is part of the Town of Waynesville's ETJ. It allows for Community Centers, single and multi family residential.

1 Lot Available

Lot 1

Price $850,000
Price Per AC $237,430.17
Lot Size 3.58 AC

Aspiring year round views, gentle building sites, ecologically diverse land, location is ideal for town growth.

Property Taxes

Property Taxes

Parcel Number
8616-72-9669
Land Assessment
$56,300
Improvements Assessment
$0
Total Assessment
$56,300
  • Listing ID: 29532247

  • Date on Market: 9/15/2023

  • Last Updated:

  • Address: 477 Woodland Dr, Waynesville, NC 28786

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