529 Old Newfound Road, Leicester NC

  • 2 Bed
  • 1 Bath
  • 0.9 ac

For Sale $348,800

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Remarks:

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.

Exterior Features:

Fire Pit, Other - See Remarks

Interior Features:

Cable Prewire, Pantry

General Information:

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

Assigned Schools:

Elementary: Leicester/Eblen
Middle: Clyde A Erwin
High: Clyde A Erwin

Price & Sales History

Date Event Price $/SQFT
09-06-2025 Price Decrease $348,800-7.68% N/A
08-12-2025 Listed $377,800 N/A

Nearby Schools

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.

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
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
1 to 6 of 15 Result

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

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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 28748

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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.

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    Property Listing Information

    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. Click here for more information

    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.