This is a rare opportunity to own one of the last large tracts in the heart of Fairview. Spanning approximately 91 acres, this remarkable property offers an unmatched combination of location, history, natural beauty, and development potential. Conveniently located just 10 miles from Asheville and 12 miles from Lake Lure, it provides the perfect balance of privacy and accessibility. Steeped in history, the land has remained in the same family since the mid-1800s. It was once home to the historic Fairview Speedway, and during the 1920s, construction even began on a hotel before the project was halted by the Great Depression. Every acre tells a story, making this a property unlike any other. Imagine exploring its rich past with a metal detector—you never know what pieces of history you might uncover. Approximately 64 acres are covered with mature hardwoods, offering scenic beauty, privacy, and recreational opportunities, while the remaining acreage consists of open pasture currently maintained under an agricultural management plan. With approximately 5,200 feet of paved road frontage, the possibilities are extraordinary. Whether you envision a luxury mountain estate, an equestrian property, a vineyard or winery, a family compound, a thoughtfully designed residential community, or a long-term investment, this exceptional property provides the space, setting, and flexibility to bring your vision to life. Opportunities to acquire a legacy property of this size and character in Fairview are becoming increasingly rare. Create your own chapter in the history of this extraordinary mountain property.
Vacant landProperty Type
91 acresLot Size
$54,945Price/Acres
Listed by Mike Watts• Berkshire Hathaway HomeServices Blue Ridge REALTORS®
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Vacant Land
County
Buncombe County
APN
969578214900000
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Last updated by owner on Jul 2, 2026.
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.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
9 days above 91° expected this year, 25 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
2 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Fairview, NC • 28730
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for VL Sugar Hollow Rd
$4,318,771
$681K under list price of $5.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $580K to $1.3M.