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Twelve parcel woodland package

UNDER CONTRACT 4.5 +/- Acres $89,000
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Why You'll Love It

For investors, developers, or visionaries seeking a substantial foothold in Western North Carolina’s desirable real estate market, this 12-lot package in Chestnut Walk presents an affordable opportunity well below tax value. Acquire an entire section of this established Waynesville community in one transaction—a strategic investment with endless potential, including the ability to build and resell homes, build rental properties, or combine the lots into one or more large estate tracts.

This offering includes 11 Phase 1 lots with city water/sewer access (per prior county discussions) and 1 Phase 2 lot that does not appear to be part of the HOA and may not have access to city water/sewer, offering a blend of convenience and flexibility. Together, they form a contiguous parcel with diverse terrain—from gently sloped, more easily developed sites (Lots 1, 2, 16, 17, 32) to steeper, wooded lot options—all accessible via paved roads.

Minutes from downtown Waynesville’s thriving Main Street, in a small private mountain community, this package delivers both accessibility and rustic charm. With the Blue Ridge Parkway, National Parks, and Asheville within easy reach, demand for quality homesites continues to rise.

This offering is ideal for: small builders seeking a manageable residential project with city water/sewer availability, buy/hold investors wanting land assets in an appreciating market, or investors looking to build several single-family rental properties in one location.

*Disclaimer: Buyer to verify all utilities, zoning, and development requirements.

 

 

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Parcel #/ID

8613-19-5910, 8613-19-7738, 8613-19-6866, 8613-19-5863, 8613-19-4860, 8613-19-3757, 8613-19-2754, 8613-19-1752, 8613-19-0658, 8613-09-9668, 8613-19-2828, 8613-19-3941

Legal Information

See attached

Property Highlights
Hunting, Fishing & Recreation Silent Sports/Nature
Homes, Cabins, Acreages & Lots Building Site/Lot
  • Prime Investment Opportunity – Acquire a 12-lot package in Chestnut Walk (Waynesville, NC) below tax value, offering a strategic foothold in WNC’s growing real estate market.
  • Versatile Development PotentialBuild and resell homes, create rental properties, or combine lots into larger estate tracts—all in an established, desirable community.
  • Mixed Utility & HOA Flexibility – Includes 11 Phase 1 lots with city water/sewer and 1 Phase 2 lot (likely no HOA, utilities unconfirmed), catering to different project needs.
  • Ideal Location – Minutes from downtown Waynesville, the Blue Ridge Parkway, and a short drive to Asheville and National Forests, with high demand for quality mountain homesites.
  • Perfect for Builders & Investors – Tailored for small builders, buy/hold investors, or those looking to develop single-family rentals in an appreciating market.
  • 1 of the lots in in Phase II of the subdivision and does not pay HOA dues, does not appear to be restricted and may not be able to connect to city water/sewer.

2024 Taxes:

$1,686

Zoning:

None

Listing ID#:

3201156


Location
TBD (C) Chestnut Walk Dr
Waynesville, NC 28786
Coordinates:

35.442481988176 , -82.991468034202

Take Allens Creed Rd South from Waynesville to left on Lickstone Rd.  In .7 miles, take a L on Chestnut Walk Dr.  Keep left at the next intersection to stay on Chestnut Walk Dr.  Turn right after the old garage and then the property will be on your right (and left) after the next intersection.

All land qualifies for a 1031 exchange!
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