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$995,000
Listing Price4beds
3baths
1,956sqft
41,818sqft lot
502 Long Shoals Rd, Arden, NC 28704
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.nnCurrently 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.nnCity 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.nnHold the rental home, pursue the frontage opportunity, and unlock the future potential of this highly visible Long Shoals Road parcel.nOwner also owns the property next door at 506 Long Shoals, if interested in more frontage potential, please reach out.
Interior Details
1956
4
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
41818
Yes
Yes
Type:
Garage, Basement
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
Wood
N/A
Hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,171
$42,100
$143,800
--%
$185,900
2019
$1,171
$42,100
$143,800
--%
$185,900
2018
$1,171
$42,100
$143,800
--%
$185,900
2017
$1,171
$42,100
$143,800
--%
$185,900
2015
$1,002
$38,500
$105,700
--%
$144,200
2014
$1,002
$38,500
$105,700
--%
$144,200
2013
$1,002
$38,500
$105,700
--%
$144,200
2012
$921
$43,800
$109,000
--%
$152,800
Average Home Price in 28704
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$412,076
$412,076
3 Beds
3 Baths
1,744 Sqft
13,504 Lot (sqft)
Sold 09/23/2026
$995,000
$995,000
4 Beds
3 Baths
1,956 Sqft
41,818 Lot (sqft)
Sold 10/26/2026





