Active

Price cut: $30K (7/8)

$695,000

1567 Newfound Rd, Leicester, NC 28748

3beds

1,729sqft

$4,039/mo

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Single Family Residence

Built in 1918

41.44 Acres Lot

$-- Zestimate^®

$402/sqft

$-- HOA

What's special

Wooded areasLarge kitchen

Beautiful Land in Leicester priced under tax value. Family compound, horse farm, homestead, glamping venue, STRs: the possibilities are numerous. The acreage has several potential homesites with views, pastureland, wooded areas, and a stream. The home offers the perfect place to live, rent, or occupy while you build your dream home with more expansive views further up on the property, or use the home as an office for your business venue. 3 bedrooms, 2 full baths, a large kitchen, bonus/dining room, and a large living area with a gas fireplace give you space and comfort whatever your plans may be. The stone canning room adds character and could easily be converted into wine storage. And the covered front porch invites everyone to sit a spell. Conveniently located 20 minutes to downtown Asheville, 7 miles to I-40, and approx. 25 minutes to Waynesville.

533 days

1,097

81

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Features: En Suite Bathroom
Level: Main

Bedroom s

Level: Main

Bedroom s

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Electric Range, Refrigerator
Laundry: Laundry Closet

Features

Has basement: No
Fireplace features: Gas, Gas Log, Living Room

Interior area

Total structure area: 1,729
Total interior livable area: 1,729 sqft
Finished area above ground: 1,729
Finished area below ground: 0

Property

Parking

Parking features: Driveway, Parking Space(s)
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch
Fencing: Fenced,Electric,Partial
Has view: Yes
View description: Mountain(s)
Waterfront features: Creek/Stream

Lot

Size: 41.44 Acres
Features: Pasture, Rolling Slope, Wooded, Views

Living quarters

Secondary features: None

Details

Additional structures: Shed(s)
Parcel number: 8689104227
Zoning: OU
Special conditions: Standard
Horse amenities: Pasture

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Single Family Residence

Materials

Stone, Vinyl
Foundation: Crawl Space
Roof: Composition,Metal

Condition

New construction: No
Year built: 1918

Utilities & green energy

Sewer: Septic Installed
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: None

Location

Region: Leicester

Financial & listing details

Price per square foot: $402/sqft
Tax assessed value: $740,300
Annual tax amount: $315
Date on market: 2/8/2025
Cumulative days on market: 533 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Gravel, Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,139/mo

Price history

Date	Event	Price
7/8/2026	Price change	$695,000-4.1%$402/sqft
Source: Canopy MLS as distributed by MLS GRID #4214973 Report a problem
9/9/2025	Price change	$725,000-6.5%$419/sqft
Source: Canopy MLS as distributed by MLS GRID #4214973 Report a problem
6/25/2025	Price change	$775,000-3%$448/sqft
Source: Canopy MLS as distributed by MLS GRID #4214973 Report a problem
4/23/2025	Price change	$799,000-3.2%$462/sqft
Source: Canopy MLS as distributed by MLS GRID #4214973 Report a problem
2/8/2025	Listed for sale	$825,000$477/sqft
Source: Canopy MLS as distributed by MLS GRID #4214973 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$315 +4.4%	$45,800
2024	$301 +3.1%	$45,800
2023	$292 +1.6%	$45,800
2022	$288	$45,800
2021	$288 +29.9%	$45,800 +38.4%
2020	$221	$33,100
2019	$221	$33,100
2018	$221	$33,100 -0.3%
2017	$221 -1.5%	$33,200
2016	$225 -9%	$33,200
2015	$247 +4.2%	$33,200
2014	$237	$33,200

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28748

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

5/10
Leicester Elementary
Grades: PK-4Distance: 5.9 mi
6/10
Clyde A Erwin Middle School
Grades: 7-8Distance: 7.7 mi
2/10
Clyde A Erwin High
Grades: PK,9-12Distance: 7.9 mi

Schools provided by the listing agent

Elementary: Leicester/Eblen
Middle: Clyde A Erwin
High: Clyde A Erwin

Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.