502 Long Shoals Road, Arden, NC 28704
Local realty services provided by:Better Homes and Gardens Real Estate Heritage
Listed by: troy norton
Office: walnut cove realty/allen tate/beverly-hanks
MLS#:4372104
Source:CH
502 Long Shoals Road,Arden, NC 28704
$995,000
- 4 Beds
- 3 Baths
- 1,956 sq. ft.
- Single family
- Active
Price summary
- Price:$995,000
- Price per sq. ft.:$508.69
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....
Contact an agent
Home facts
- Year built:1966
- Subdivision & Development:None
- Listing ID #:4372104
- Updated:October 29, 2026 at 01:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Convection Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
- Basement:Yes
- Basement Description:Garage Door
- Living area:1,956 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1966
- Building area:1,956 sq. ft.
- Lot area:0.95 Acres
- Construction Materials:Hardboard, Stone Veneer
- Foundation Description:Basement
Schools
- High school:T.C. Roberson
- Elementary school:Avery's Creek/Koontz
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$508.69
Features and amenities
- Laundry features:Dryer
Parking
- Parking description:Attached Garage, Driveway
- Garage:Yes
- Garage spaces:1
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