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.
Active
$725,000
48 Merrell Rd, Leicester, NC 28748
3beds
1,869sqft
Est.:
Single Family Residence
Built in 1990
5.72 Acres Lot
$699,400 Zestimate®
$388/sqft
$25/mo HOA
What's special
Laundry in primary closetBright open living spacesGorgeous grassy knolls
- 5 days |
- 493 |
- 68 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
D'Ann Ford 828-774-0288,
Premier Sotheby’s International Realty,
Tyler Kardos,
Premier Sotheby’s International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377319
Tour with a local agent
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
- 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
- Laundry: Main Level, Other
Features
- 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
Video & virtual tour
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
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
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $357,000
- Annual tax amount: $2,452
- Date on market: 5/5/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
$699,400
$664,000 - $734,000
$2,532/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $725,000-6.5%$388/sqft |
Source: | ||
| 10/15/2025 | Listing removed | $775,000$415/sqft |
Source: | ||
| 6/12/2025 | Price change | $775,000-2.5%$415/sqft |
Source: | ||
| 5/21/2025 | Price change | $795,000-5.2%$425/sqft |
Source: | ||
| 3/16/2025 | Listed for sale | $839,000$449/sqft |
Source: | ||
| 9/5/2024 | Listing removed | $839,000$449/sqft |
Source: | ||
| 8/26/2024 | Listed for sale | $839,000+133.1%$449/sqft |
Source: | ||
| 6/26/2019 | Sold | $360,000-4%$193/sqft |
Source: | ||
| 5/15/2019 | Pending sale | $375,000$201/sqft |
Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem | ||
| 5/4/2019 | Listed for sale | $375,000+25%$201/sqft |
Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem | ||
| 10/26/2010 | Listing removed | $300,000$161/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 10/3/2010 | Listed for sale | $300,000$161/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 7/24/2010 | Listing removed | $300,000$161/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 7/17/2010 | Price change | $300,000+20%$161/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 7/14/2010 | Price change | $250,000-16.7%$134/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 5/31/2010 | Price change | $300,000+20%$161/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 5/29/2010 | Listed for sale | $250,000$134/sqft |
Source: Town and Mountain Realty #466527 Report a problem | ||
| 12/26/2009 | Listing removed | $250,000$134/sqft |
Source: Town and Mountain Realty #443596 Report a problem | ||
| 10/9/2009 | Price change | $250,000-9.1%$134/sqft |
Source: Town and Mountain Realty #443596 Report a problem | ||
| 10/6/2009 | Price change | $275,000+10%$147/sqft |
Source: Town and Mountain Realty #443596 Report a problem | ||
| 9/27/2009 | Price change | $250,000-9.1%$134/sqft |
Source: Town and Mountain Realty #443596 Report a problem | ||
| 9/16/2009 | Price change | $275,000+3.8%$147/sqft |
Source: Town and Mountain Realty #443594 Report a problem | ||
| 8/27/2009 | Price change | $265,000-8.6%$142/sqft |
Source: Town and Mountain Realty #443594 Report a problem | ||
| 8/16/2009 | Price change | $290,000+9.4%$155/sqft |
Source: Town and Mountain Realty #443594 Report a problem | ||
| 7/13/2009 | Listed for sale | $265,000+79.1%$142/sqft |
Source: Town and Mountain Realty #443594 Report a problem | ||
| 1/23/2004 | Sold | $148,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
$3,875/mo
Principal & interest
$3530
Property taxes
$320
HOA Fees
$25
More affordability tools
Climate risks
Neighborhood: 28748
Nearby schools
GreatSchools rating
- 5/10Leicester ElementaryGrades: PK-4Distance: 2 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 7 mi
- 3/10Clyde A Erwin HighGrades: PK,9-12Distance: 6.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Buncombe County
- Leicester
- 28748
- 48 Merrell Rd




