Two separate parcels totaling 3.72 acres in beautiful East Asheville offer exceptional potential for development or the creation of a private estate. This level property features city water and sewer access, along with approximately 800 feet of road frontage-400 feet along New Haw Creek Road and 400 feet along Keenan Drive. Zoned RS-4, this versatile offering presents a rare opportunity in a highly desirable location. An existing colonial home is present on the property and is given no value. A portion of the property lies within a floodplain. Picture your dream home, or think bigger-subdivide to create a boutique enclave of homes or a sleek multifamily investment. Enjoy a quiet mountain-valley setting while remaining just minutes from Downtown Asheville, the Blue Ridge Parkway, Mission Hospital, the VA Medical Center, as well as local restaurants, grocery stores, parks, and schools. Spend your days exploring Asheville's renowned food scene, unique shops, art galleries, breweries, and live music, then return home to fresh mountain air and scenic surroundings. This location offers the perfect balance of convenience, adventure, and mountain living. Buyer and buyer's agent to verify all development options and utilities. Additional Parcel address is 15 Keenan Rd. Asheville PIN 965899068600000