(864) 362-2375
502 Long Shoals Road
$995,000

502 Long Shoals Road, Arden, NC 28704

4Beds
3Baths
1,956SQFT
1966YearYear Built

About This Home

Rare investor opportunity centered around potential commercial frontage on Long Shoals Road. This nearly 1-acre property offers excellent visibility along a high-traffic corridor, while the existing income-producing home sits privately toward the rear of the lot with separate driveway access from Memory Lane. Currently zoned R2, the property features a 4-bedroom, 3-bath bungalow with strong rental history, mountain views, private deck, lower-level theatre room, second primary suite with separate entry, 1-car garage, and roof replaced in 2014. The home can continue generating income while a buyer explores the long-term value of the Long Shoals Road frontage. City sewer is believed to be very close by near the corner of Memory Lane and Clayton Road, creating potential upside for a buyer willing to pursue sewer connection, subdivision, or possible commercial rezoning, all subject to applicable approvals. The property also benefits from strong sight lines near the Clayton Road intersection and visually reads like a corner lot because the lot at the intersection in front of it is not buildable. Hold the rental home, pursue the frontage opportunity, and unlock the future potential of this highly visible Long Shoals Road parcel. Owner also owns the property next door at 506 Long Shoals, if interested in more frontage potential, please reach out.

Location

Key Facts

Status: Active
Type: Residential
Neighborhood: None
HOA Fees: $0
MLS: Canopy
MLS #: 4372104

Features

Single Family Residence
Convection Oven
Dishwasher
Disposal
Dryer
Electric Oven
Electric Range
Electric Water Heater
Microwave

Mortgage Calculator

$5,031Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $995,000
Status: Active — For Sale
Days on market: 148
Last updated: Sep 15, 2026

Schools

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Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks
Source MLS #: 4372104
Last updated: Sep 15, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.