164 Pegg Road, Marshall NC
- 3 Bed
- 3 Bath
- 2082 ft2
- 3.5 ac
For Sale $599,000
Remarks:
Marshall Mini Homestead with Guest Suite, Pasture & Gardens Just 2.5 miles from downtown Marshall, this 3.52-acre mini homestead offers the space to grow, gather and enjoy a more self-sufficient lifestyle without giving up the convenience of town. The home provides approximately 2,082 square feet of heated living space with three bedrooms, three full baths for comfortable one-level living. Thoughtfully refreshed, the home features an updated kitchen, hardwood floors and a new wood-burning stove set against a full brick fireplace wall. Large windows bring abundant natural light into the living spaces and provide peaceful views across the property. A spacious seasonal sunroom creates an inviting place to enjoy morning coffee, tend houseplants or relax while watching the landscape change throughout the year. A separate guest wing with its own exterior entrance is one of the home’s most versatile features. Ideal for extended family, visitors, a home office or additional private living space, it offers flexibility that is increasingly difficult to find. The home also includes a two-car garage with approximately 544 square feet, along with approximately 750 square feet of unfinished basement and storage space. Whether used for a workshop, garden supplies, equipment, outdoor gear or future projects, this additional space adds meaningful function to the property. Outside is where the homestead lifestyle truly comes to life. The land includes established gardens cultivated using organic practices, open and usable yard space, a back pasture and a peaceful pine forest. Existing areas for chickens and small farm animals make it possible to begin enjoying the property right away. Covered front and rear outdoor living areas provide places to sit, gather and take in the quiet surroundings. A vintage trailer is currently arranged to extend the property’s guest, studio or office possibilities. After a day in the garden or exploring the mountains, unwind in the outdoor tub, which can be heated by a wood fire or cold plunge, then gather around the fire pit and enjoy the stars above Madison County. Downtown Marshall is only 2.5 miles away. Set along the French Broad River, this distinctive mountain town is known for its colorful riverfront setting, locally owned restaurants, breweries, galleries, studios, independent shops and growing arts community. The river offers opportunities for kayaking, canoeing and fishing, while the surrounding mountains provide endless places to hike and explore. Hot Springs and Mars Hill are both approximately 15 miles away. Head to Hot Springs for Appalachian Trail access, river recreation and its natural hot springs, or visit Mars Hill for local dining, music, community events and nearby trails on Bailey Mountain. Asheville is approximately 25 miles from the property. With land, pasture, gardens, wooded privacy, flexible guest space, a garage and substantial unfinished storage, this property offers far more than a place to live. Whether you envision a small farm, room for animals, multigenerational living, a creative retreat or simply a quieter life with space to breathe, this is a special opportunity to create your own version of home in the mountains of Western North Carolina.
Exterior Features:
Fire Pit, Other - See Remarks
Interior Features:
Entrance Foyer
General Information:
| List Price: | $599,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2082 sqft |
| Parking: | Driveway, Attached Garage, Garage Faces Side, Other - See Remarks |
| MLS Number: | CAR4417491 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 3 |
| Year Built: | 1971 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Brush Creek |
| Middle: | Madison |
| High: | Madison |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-06-2026 | Listed | $599,000 | $288 |
| 01-18-2026 | Price Decrease | $375,000-11.76% | $181 |
| 11-25-2025 | Listed | $425,000 | $205 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Brush Creek Elementary School | 5 miles | KG-05 | 7 |
| Mars Hill Elementary School | 8 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 164 Pegg Road, Marshall NC | 0 mi | $599,000 | days | |
| 712 Frank Rector Road, Marshall NC | 0.9 mi | $2,100,000 | days | |
| 3421 & 3423 Rector Corner Road, Marshall NC | 0.9 mi | $449,000 | days | |
| 194 Cabin Hollow Drive, Marshall NC | 1 mi | $450,000 | days | |
| 76 Raven Rock Lane, Marshall NC | 1.1 mi | $585,000 | days | |
| 389 Rollins Road, Marshall NC | 1.1 mi | $289,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28753
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By RE/MAX Executive
164 Pegg Road, Marshall NC is a 2082 ft2 on a 3.520 acres Appraisal lot. This is for $599,000. This has 3 bedrooms, 3 baths, and was built in 1971.
Based on information submitted to the MLS GRID as of 2026-09-06 06:15:02 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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