For Sale $449,900
This more than 2 acre site has 4 existing rentals in place. They share a 6 bedroom septic and have a shared well. The hilltop location feels like a luxury homesite but here you find 3 single wides and and double wide with existing tenants in place. The location is off of Old Newfound Road just a short distance to Old Newfound Grocery. Additional land available to add another acre on southern side of property. Existing homes are in need of repair. Priced "as is". Tenants in place and please do not disturb them.
| List Price: | $449,900 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4222020 |
| Subdivision: | None |
| Year Built: | 1991 |
| Sewer Type: | Septic Installed |
| Elementary: | Leicester/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
| Date | Event | Price | $/SQFT |
| 04-29-2025 | Listed | $449,900 | 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 |
| 537 Old Newfound Road, Leicester NC | 0 mi | $449,900 | days | |
| 550 Old Newfound Road, Leicester NC | 0.1 mi | $399,000 | days | |
| 529 Old Newfound Road, Leicester NC | 0.1 mi | $348,800 | days | |
| 605 Newfound Road, Leicester NC | 0.2 mi | $510,000 | days | |
| 132 Rabbit Ham Road, Leicester NC | 0.6 mi | $650,000 | days | |
| 128-129 Oak Trails Pass, Leicester NC | 0.6 mi | $760,000 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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 Scott Barfield Realty And Land Company
537 Old Newfound Road, Leicester NC is a ft2 on a 2.160 acres Appraisal lot. This is for $449,900. This has 6 bedrooms, baths, and was built in 1991.
Based on information submitted to the MLS GRID as of 2025-04-29 11:26:22 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.