205 Frazier Street, Waynesville, NC 28786
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: andrii peschanskyi
Office: big hills real estate llc.
MLS#:4377674
Source:CH
205 Frazier Street,Waynesville, NC 28786
$169,500
- - Beds
- - Baths
- - sq. ft.
- Single family
- Active
Price summary
- Price:$169,500
About this home
Exceptional Development Opportunity – 4 Unit Potential in the Heart of Waynesville!
Positioned on one of the largest lots on Fraser Street, this prime 0.46-acre property offers a rare chance to capitalize on location, scale, and flexibility. Located in a rapidly growing corridor just off Highway Exit 102, the site is surrounded by major retail, restaurants, and daily conveniences—including Publix, Ingles Markets, Chick-fil-A, and Starbucks—placing future residents within minutes of everything.
The property includes duplex plans tailored specifically for the lot, while current zoning allows for up to four residential units, presenting strong upside for developers and investors seeking density and long-term value. Whether you choose to move forward with the existing plans or maximize the site with a larger multi-unit build, the possibilities here are substantial.
An existing structure is on site and is being sold as-is, with major preliminary work already completed—including asbestos abatement and a demolition permit in place—saving valuable time and cost in the development process. This positions the property for a smooth transition into the next phase of construction.
With its combination of strategic location, generous lot size, development-ready groundwork, and flexible build potential, this is a standout investment opportunity in the heart of Waynesville. Ideal for builders, developers, or investors looking to deliver high-demand housing in a thriving market....
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Home facts
- Year built:1960
- Listing ID #:4377674
- Updated:June 26, 2026 at 04:14 PM
Structure and exterior
- Year built:1960
- Lot area:0.46 Acres
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Tuscola
- Elementary school:Hazelwood
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$169,500
Parking
- Parking description:Attached Garage
- Garage:Yes
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