For Sale $348,800
VIEWS, FLEXIBILITY, & ENDLESS POSSIBILITIES! Welcome to 529 Old Newfound Rd in Leicester. Seize this 1 of a kind mountain opportunity with sweeping long-range and ever-changing mountain views from the large grassy knoll. Enjoy sunrises with coffee on the front porch and sunsets on the back deck—perfect for grilling. Flexible Open Use zoning and options for families, investors, VRBO rental, RV lot, or cottage. Main home nearly finished inside; seller provides most building materials so you can complete to your vision. Recent updates: new roof/gutters (2023), air ducts, hot water heater, heat pump, breaker box/wiring/outside meter, kitchen/dining ductwork, new insulation (floors/walls/attic), washer/dryer outlets, whole house fan, and LED lights (2022). Well pump replaced and well chlorinated (2024). TWO SEPTIC TANKS, additional power pole for single-wide installed. Separate building perfect for workshop, studio, or guest house. Minutes to grocery stores, dining, and downtown Asheville.
Fire Pit, Other - See Remarks
Cable Prewire, Pantry
| List Price: | $348,800 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Basement, Driveway, Attached Garage, Garage Faces Rear, Garage Shop, RV Access/Parking |
| MLS Number: | CAR4279296 |
| Subdivision: | NONE |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Rolling Slope, Wooded, Views |
| Year Built: | 1941 |
| Sewer Type: | Septic Installed |
| Elementary: | Leicester/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
| Date | Event | Price | $/SQFT |
| 09-06-2025 | Price Decrease | $348,800-7.68% | N/A |
| 08-12-2025 | Listed | $377,800 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 7 miles | KG-05 | 9 |
| Francine Delany New School for Children | 7 miles | KG-06 | 9 |
| Isaac Dickson Elementary | 8 miles | PK-05 | 9 |
| Hall Fletcher Elementary | 8 miles | PK-05 | 2 |
| Claxton Elementary | 9 miles | KG-05 | 6 |
| Ira B Jones Elementary | 9 miles | PK-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.
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 |
| 529 Old Newfound Road, Leicester NC | 0 mi | $348,800 | days | |
| 537 Old Newfound Road, Leicester NC | 0.1 mi | $449,900 | days | |
| 550 Old Newfound Road, Leicester NC | 0.2 mi | $399,000 | days | |
| 605 Newfound Road, Leicester NC | 0.2 mi | $510,000 | days | |
| 132 Rabbit Ham Road, Leicester NC | 0.5 mi | $625,000 | days | |
| 129 Oak Trails Pass, Leicester NC | 0.5 mi | $250,000 | days |
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 |
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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)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
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.
A Courtesy Listing Provided By COMPASS
529 Old Newfound Road, Leicester NC is a 0 ft2 on a 0.850 acres lot. This is for $348,800. This has 2 bedrooms, 1 baths, and was built in 1941.
Based on information submitted to the MLS GRID as of 2025-08-12 09:51:31 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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