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502 Long Shoals Road, Arden, NC 28704

Arden
Local realty services provided by:CENTURY 21 Connected
Listed by: matt payne
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...

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Home facts

  • Year built:1966
  • Listing ID #:4372104
  • Updated:June 18, 2026 at 11:58 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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