Investment Opportunity in Fairview, NC: Discover 10 Bailey's Ridge, & 781 Morgan Hill Rd, both a part of a larger parcel, now available separately. (See MLS#4032405) Explore 27 surveyed acres featuring two homes, offering a versatile investment potential. The main house has 2-bed, 2-bath and bonus room over a full 1800 sq ft basement with high ceilings. The open floor plan provides a comfortable living space with expansion options. The second home, offered at no value, per tax records dates back to 1939, and adds historic charm. Currently rented month to month. Nestled in Fairview's countryside, enjoy the tranquil surroundings and year-round views. With two homes, opportunities abound for rental income. Don't miss this chance for peaceful living with investment possibilities.
Single-familyProperty Type
2006Year Built
27 acresLot Size
$274Est. Price/Sq.Ft.
8 car garageParking
Listed by Carrie Lee Hoffman• RE/MAX Executive
Contact: carrieleehoffman@remax.net
Bought with Steven Stedillie• Looking Glass Realty AVL LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1,176,120
Year renovated
—
Sq. Ft.
1,916
Year built
2006
Style
Single Family Residential
County
Buncombe County
APN
0615980166
Parking Spaces
8
Basement
Yes
Accessible
Yes
HOA Dues
—
Garage
Yes
Features
Views, Green, Waterfront
Last updated by owner on Jun 5, 2025.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Interior Features: Kitchen Island, Open Floorplan, Split Bedroom, Storage, Walk-in Closet(s)
Window Features: Insulated Window(s)
Appliances: Dishwasher, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
Flooring: Carpet, Vinyl, Wood
Door Features: French Doors, Insulated Door(s)
Exterior
Building Information
Construction Type: Off Frame Modular
Construction Materials: Concrete Block, Vinyl
Roof: Shingle
Exterior Features
Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
Exterior Features: Fence
Waterfront Information
Waterfront Features: None
Property Information
Development Status: Completed
Second Living Quarters: Separate Utilities,None
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features: Two or More Access Exits
Zoning: OU
Zoning Specification: OU
Lot Information
Lot Features: Steep Slope, Creek/Stream, Wooded, Views
Lot Size Area: 27
Lot Size Units: Acres
Elevation: 3000
Road Surface Type: Gravel
Road Responsibility: Private Maintained Road
Utilities
Utility Information
Water Source: Shared Well
Sewer: Septic Installed, Shared Septic
Utilities: Cable Available, Electricity Connected, Satellite Internet Available
Location
Multi-Unit Information
Restrictions: N/A
Restrictions Description: N/A
HOA Information
HOA Subject To Dues: No
HOA Subject To: None
Association Annual Expense: 0.00
School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified
Location Information
Directions: No Signs. No Drive By's 28 min from Asheville Take I-240E/US-74 ALT E & follow signs for the Blue Ridge Pkwy for 7.4 miles. Take a slight left onto Village Rd .2. Turn left onto Garren Creek Rd 6.5 miles. Turn right onto Morgan Hill Rd 1.3 miles
Community Information
Community Features: None
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,916
Stories: —
Parking Spaces: 8
Basement: Yes
Accessible: Yes
Lot Size: 27 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: —
County: Buncombe County
APN: 0615980166
HOA Dues: —
Garage: Yes
Features: Views, Green, Waterfront
Home facts updated by owner on Jun 5, 2025
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1916
Living Area: 1916
Above Grade Finished Area: 1,916
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1916
Sq. Ft. Lower: 0
Foundation Details: Basement, Slab
Levels: One
Around this home
Schools
K - 12
Preschool & daycare
Black Mountain Primary
Public PreK-3 • Assigned • 7.5mi
6/10
Charles D Owen Middle
Public 6-8 • Assigned • 7.9mi
5/10
Charles D Owen High
Public 9-12 • Assigned • 8.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Fairview, NC • 28730
Average low and high temperatures (°F)
43
25
52
32
64
40
72
48
72
53
82
61
84
66
77
62
75
56
64
47
59
40
49
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
8.8 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$499,000 – $604,000
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