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  • $675,000

    48 Merrell Rd, Leicester, NC 28748

    3beds
    1,869sqft
    Single Family Residence
    Built in 1990
    5.72 Acres Lot
    $674,100 Zestimate®
    $361/sqft
    $2,632 Estimated rent

    Home value

    $674,100

    $640,000 - $708,000

    $2,632/mo

    Zestimate® history
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    What's special

    Laundry in primary closetBright open living spacesGorgeous grassy knolls
    Escape to 48 Merrell Road, a serene home offering comfort and convenience in picturesque Leicester. This inviting property features three bedrooms and 3.5 baths, with bright, open living spaces and a large modern kitchen for entertaining. The primary bedroom is on the main floor. Large windows invite scenic nature into the kitchen with you. The expansive, large back deck is ideal for entertainment and enjoying the sound of the flowing creek and waterfall. The primary bedroom is on the first floor with laundry in the primary closet. There is a workspace in the basement with a garage door for easy outside access. The outdoor space includes a hand-built stone fire pit and seating area, a flowing creek with a built-in waterfall and gorgeous grassy knolls. The lot is slightly over 5.5 acres, with plenty of room to build separate structures or build a main house and have this one as a guest home. Privacy, opportunity and serenity. This home is part modular and part stick-built. See advisor remarks for information on the roof.

    Zillow last checked:

    Listing updated:

    Listed by:

    D'Ann Ford 828-774-0288,

    Premier Sotheby’s International Realty,

    Tyler Kardos,

    Premier Sotheby’s International Realty

    Bought with:

    Karon Korp

    Asheville Realty Group

    Russ Martin

    Asheville Realty Group

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377319MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom s
    • Level: Upper
    Bedroom s
    • Level: Upper
    Bathroom full
    • Level: Main
    Bathroom half
    • Level: Main
    Bathroom full
    • Level: Upper
    Dining area
    • Level: Main
    Kitchen
    • Features: Kitchen Island
    • Level: Main
    Laundry
    • Features: Walk-In Closet(s)
    • Level: Main
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer/Dryer
    • Laundry: Main Level, Other
    Features
    • Kitchen Island, Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Basement: Basement Garage Door,Basement Shop,Exterior Entry,Interior Entry,Walk-Out Access
    • Fireplace features: Fire Pit, Outside, Wood Burning
    Interior area
    • Total structure area: 1,869
    • Total interior livable area: 1,869 sqft
    • Finished area above ground: 1,869
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Basement, Driveway, Attached Garage, Garage on Main Level
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Fencing: Fenced,Partial
    • On waterfront: Yes
    • Waterfront features: Creek
    Lot
    • Size: 5.72 Acres
    Details
    • Additional parcels included: 8792658734
    • Parcel number: 879265747100000
    • Zoning: OU
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Wood
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Turkey Creek Farms
    HOA
    • Has HOA: Yes
    • HOA fee: $290 annually
    • HOA name: Turkey Creek HOA
    • Second HOA fee: $10 annually
    • Second HOA name: Catherine Hipwell
    Location
    • Region: Leicester
    • Elevation: 2000 Feet

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $357,000
    • Annual tax amount: $2,452
    • Date on market: 5/5/2026
    • Cumulative days on market: 48 days
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    8/4/2026Sold$675,000-6.9%$361/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377319 Report a problem
    7/22/2026Pending sale$725,000$388/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377319 Report a problem
    5/5/2026Listed for sale$725,000-6.5%$388/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377319 Report a problem
    10/15/2025Listing removed$775,000$415/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    6/12/2025Price change$775,000-2.5%$415/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    5/21/2025Price change$795,000-5.2%$425/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    3/16/2025Listed for sale$839,000$449/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    9/5/2024Listing removed$839,000$449/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    8/26/2024Listed for sale$839,000+133.1%$449/sqft
    Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
    6/26/2019Sold$360,000-4%$193/sqft
    Source: Canopy MLS as distributed by MLS GRID #3502765 Report a problem
    5/15/2019Pending sale$375,000$201/sqft
    Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem
    5/4/2019Listed for sale$375,000+25%$201/sqft
    Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem
    10/26/2010Listing removed$300,000$161/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    10/3/2010Listed for sale$300,000$161/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    7/24/2010Listing removed$300,000$161/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    7/17/2010Price change$300,000+20%$161/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    7/14/2010Price change$250,000-16.7%$134/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    5/31/2010Price change$300,000+20%$161/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    5/29/2010Listed for sale$250,000$134/sqft
    Source: Town and Mountain Realty #466527 Report a problem
    12/26/2009Listing removed$250,000$134/sqft
    Source: Town and Mountain Realty #443596 Report a problem
    10/9/2009Price change$250,000-9.1%$134/sqft
    Source: Town and Mountain Realty #443596 Report a problem
    10/6/2009Price change$275,000+10%$147/sqft
    Source: Town and Mountain Realty #443596 Report a problem
    9/27/2009Price change$250,000-9.1%$134/sqft
    Source: Town and Mountain Realty #443596 Report a problem
    9/16/2009Price change$275,000+3.8%$147/sqft
    Source: Town and Mountain Realty #443594 Report a problem
    8/27/2009Price change$265,000-8.6%$142/sqft
    Source: Town and Mountain Realty #443594 Report a problem
    8/16/2009Listed for sale$290,000+95.9%$155/sqft
    Source: Town and Mountain Realty #443594 Report a problem
    1/23/2004Sold$148,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,452 +4.4%$357,000
    2024$2,349 +3.1%$357,000
    2023$2,279 +1.6%$357,000
    2022$2,243 $357,000
    2021$2,243 +22.7%$357,000 +30.7%
    2020$1,828 +36.4%$273,200 +36.4%
    2019$1,340 $200,300
    2018$1,340 $200,300 +8.4%
    2017$1,340 -1.5%$184,700
    2016$1,360 -1%$184,700
    2015$1,374 +4.2%$184,700
    2014$1,319 $184,700
    2013-- $184,700 -3.9%
    2012-- $192,100 +11.6%
    2011-- $172,200
    2010-- $172,200
    2009-- $172,200
    2007-- $172,200 +30.6%
    2005-- $131,900
    2003-- $131,900
    2002-- $131,900 +13.1%
    2001-- $116,600
    2000-- $116,600
    Find assessor info on the county website

    Neighborhood: 28748

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