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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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402 Sharon Rd , Fairview, NC 28730
$199,000
Est. Payment: $1,118.39/mo
2 Bed
1 Bath
1.8 Acres
Status: under contract-show | Days on site: 63
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10415 - 63871
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Terri Bias
Operator/Brokerage Owner

House Description

INVESTOR OPPORTUNITY! This 1.8 +/- acre Fairview parcel offers two existing home sites with OU zoning, no HOA, and no deeded restrictions, all on a paved, state-maintained road. You're minutes from Fairview's breweries, restaurants, and grocery stores, with an easy drive into Asheville. The property has easy access and usable topography, and the real value is in the land and the infrastructure already in place. The first home site, at 402 Sharon Rd, has a site-built 1951 2BR/1BA home of about 898 square feet. It had tenants until 2025 but is now vacant and in very poor condition, so plan on a MAJOR rebuild or a FULL TEAR-DOWN. The existing septic system was recently pumped. The second home site, at 400 Sharon Rd, has a 1983 single-wide deeded as real property. Hurricane Helene and fallen trees damaged the roof in September 2024, and leaks and mold have made it a COMPLETE TEAR-DOWN. The site is what you're buying here: a graded pad, a separate power meter, and a separate septic system. It's well suited for a new manufactured home, a large RV pad, or a workshop or garage. There's a working well near the 1951 home with a new pump installed in September 2026 and new pressure tank equipment, ready to connect. It isn't currently plumbed to either structure. Above the main house, a gently sloped wooded area offers a private third site for a new home, a garage, or outbuildings. Buyer to verify septic suitability for any new home site. With OU zoning and no deeded restrictions, you have the flexibility to rebuild, place a new home, add a shop, or simply hold the land. Sold strictly as-is. Do not enter 400 Sharon Rd due to mold and unsafe conditions. No permits found on working well or septic systems. A neighbor's water line from an off-site well crosses the property with no recorded easement, and the eastern driveway carries a cell tower easement (deeded) and neighbor use (no easement known). No survey. See full disclosures for well, septic, and easement details. Bring your contractor and your toolkit and see what you can build on this Fairview property just minutes from town!

Highlights

Listed by Pat Snyder , 828-761-0841 National Land Realty , 855-384-5263. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
1.8

Year Built

1951

County

Buncombe

Neighborhood

None

Listing ID

4395173

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Electric Range
Basement:Dirt Floor
Other:
  • ▪ Additional:Master on Main
Water:Shared Well,Other - See Remarks

Exterior Features

Zoning:OU
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$1,118
Taxes
$127

Home Price

$199,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$39,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,118.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,118.39 $126.86 $0.00 $1,245.25
Yearly $13,420.64 $1,522.35 $0.00 $14,942.99
Total $402,619.24 $45,670.50 $0.00 $448,289.74

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Fairview, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T13:51:08.000Z

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