4.50 Acres At Tbd Chestnut Walk Dr

For investors, developers, or visionaries seeking a substantial foothold in Western North Carolina’s desirable real estate market, this 12-lot package in Chestnut Walk presents an affordable opportunity well below tax value. Acquire an entire section of this established Waynesville community in one transaction—a strategic investment with endless potential, including the ability to build and resell homes, build rental properties, or combine the lots into one or more large estate tracts. This offering includes 11 Phase 1 lots with city water/sewer access (per prior county discussions) and 1 Phase 2 lot that does not appear to be part of the HOA and may not have access to city water/sewer, offering a blend of convenience and flexibility. Together, they form a contiguous parcel with diverse terrain—from gently sloped, more easily developed sites (Lots 1, 2, 16, 17, 32) to steeper, wooded lot options—all accessible via paved roads. Minutes from downtown Waynesville’s thriving Main Street, in a small private mountain community, this package delivers both accessibility and rustic charm. With the Blue Ridge Parkway, National Parks, and Asheville within easy reach, demand for quality homesites continues to rise. This offering is ideal for: small builders seeking a manageable residential project with city water/sewer availability, buy/hold investors wanting land assets in an appreciating market, or investors looking to build several single-family rental properties in one location. *Disclaimer: Buyer to verify all utilities, zoning, and development requirements.