Perfect opportunity for an investor to revive this existing park with one Double Wide and 3 older single-wide units with potentially additional spots. Double wide unit has its own separate well and 3 bedroom septic and well. The three Single wide units are on 9 bedroom septic. There are multiple wells on the property but the main well and system will need work. All units will need work, but the bones of the park are there and ready for your vision. Please do not disturb existing tenants.
Active
$445,000
537 Old Newfound Rd, Leicester, NC 28748
9beds
5baths
--sqft
Est.:
Multi Family
Built in 1991
-- sqft lot
$426,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days |
- 294 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 09:37am
Listing Provided by:
Shawn Lynch ShawnLynchWNC@gmail.com,
RE/MAX Executive
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4363729
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Heat Pump
Cooling
- Other
Appliances
- Included: None
- Laundry: None
Features
- Has basement: No
Interior area
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 2.13 Acres
Details
- Parcel number: 879093263900000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal, Vinyl, Other
- Foundation: Other - See Remarks
- Roof: Other - See Remarks
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Septic Installed, Other - See Remarks
- Water: Shared Well, Well
Community & HOA
Location
- Region: Leicester
Financial & listing details
- Tax assessed value: $218,100
- Annual tax amount: $1,498
- Date on market: 4/2/2026
- Tenant pays: Cable TV, Electricity
- Road surface type: Gravel, Paved
Estimated market value
$426,200
$405,000 - $448,000
$1,762/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $445,000-1.1% |
Source:  Canopy MLS as distributed by MLS GRID #4363729 Report a problem | ||
| 5/9/2025 | Listing removed | $449,900 |
Source: Canopy MLS as distributed by MLS GRID #4222020 Report a problem | ||
| 2/25/2025 | Listed for sale | $449,900 |
Source: Canopy MLS as distributed by MLS GRID #4222020 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,498 +4.4% | $218,100 |
| 2024 | $1,435 +3.1% | $218,100 |
| 2023 | $1,392 +1.6% | $218,100 |
| 2022 | $1,370 | $218,100 |
| 2021 | $1,370 +29.2% | $218,100 +37.6% |
| 2020 | $1,060 -4.9% | $158,500 -4.9% |
| 2019 | $1,115 | $166,700 |
| 2018 | $1,115 +86.9% | -- |
| 2017 | $597 -1.5% | -- |
| 2016 | $606 -22.8% | -- |
| 2015 | $785 -8.5% | -- |
| 2014 | $858 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $76,600 |
| 2009 | -- | $76,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,394/mo
Principal & interest
$2197
Property taxes
$197
More affordability tools
Climate risks
Neighborhood: 28748
Nearby schools
GreatSchools rating
- 5/10Leicester ElementaryGrades: PK-4Distance: 2.2 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 4.7 mi
- 3/10Clyde A Erwin HighGrades: PK,9-12Distance: 4.5 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.
Local experts in 28748
- North Carolina
- Buncombe County
- Leicester
- 28748
- 537 Old Newfound Rd
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