48, 40, 26 Lansing Road
$399,000
Waynesville, NC, 28786
singlefamily
1
1
Lot Size: 0.94 Acres
ABOUT
Property Information
Versatile Multi-Family & Investment Opportunity in Waynesville ETJ
Discover a rare woodsy canvas near Chestnut Park offering the quiet charm of an established neighborhood alongside the immediate utility of city water and sewer. Situated just minutes from Downtown Waynesville and the Russ Avenue shopping corridor, this property delivers ideal accessibility combined with exceptional building freedom.
UNBEATABLE FLEXIBILITY
Existing Income: Includes two occupied long-term 1BR-1BA rental cottages (48 & 40 Lansing Rd).
Development Ready: Features an adjoining 0.33-acre flat, buildable lot.
Favorable Status: Medium-density zoning within the Waynesville Extra-Territorial Jurisdiction (ETJ) offers broad flexibility for manufactured, modular, site-built, or multi-family structures.
PRIME INVESTMENT POTENTIAL
Perfect setup to live in one unit while developing the vacant parcel, expand income-producing capacity, or execute a multi-unit project.
Essential municipal utilities (city water and sewer) are already on-site, significantly reducing initial build costs.
Discover a rare woodsy canvas near Chestnut Park offering the quiet charm of an established neighborhood alongside the immediate utility of city water and sewer. Situated just minutes from Downtown Waynesville and the Russ Avenue shopping corridor, this property delivers ideal accessibility combined with exceptional building freedom.
UNBEATABLE FLEXIBILITY
Existing Income: Includes two occupied long-term 1BR-1BA rental cottages (48 & 40 Lansing Rd).
Development Ready: Features an adjoining 0.33-acre flat, buildable lot.
Favorable Status: Medium-density zoning within the Waynesville Extra-Territorial Jurisdiction (ETJ) offers broad flexibility for manufactured, modular, site-built, or multi-family structures.
PRIME INVESTMENT POTENTIAL
Perfect setup to live in one unit while developing the vacant parcel, expand income-producing capacity, or execute a multi-unit project.
Essential municipal utilities (city water and sewer) are already on-site, significantly reducing initial build costs.
SPECIFICS
Property Details
Price:
$399,000
MLS #:
CAR4440381
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Nov 4, 2026
Finished Sq Ft:
720
Lot Size:
40,946 sqft / 0.94 acres (approx)
Year Built:
1960
AMENITIES
Interior
Above Grade Finished Area
720
Appliances
Electric Range, Electric Water Heater, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air, Heat Pump
Flooring
Carpet, Vinyl
Heating
Forced Air, Heat Pump
Laundry Features
None
Levels
One
AMENITIES
Exterior
Architectural Style
Cottage
Construction Materials
Hard Stucco
Lot Features
Level, Wooded
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Driveway
Roof
Metal
Waterfront Features
None
NEIGHBORHOOD
Schools
Elementary School:
Hazelwood
Middle School:
Waynesville
High School:
Tuscola
FINANCIAL
Financial
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48, 40, 26 Lansing Road
Waynesville, NC