For Sale $175,000
Welcome to 54 Schoolhouse Drive in Canton — a classic WNC opportunity with history, potential, and room to grow. This 1940 home was hand-built by the original owners on what was once the Green family farm, later platted as Green Hill in the late 1930s. The property includes two adjoining lots, offering a 3-bedroom, 1-bath home on one parcel and future possibilities on the second parcel, subject to town approvals. With city water connected and city sewer available, future planning becomes more straightforward. Canton continues to evolve since the paper mill closure and is moving steadily into its next chapter. Its location is one of its strengths: about 20 minutes to Asheville, close to local conveniences, and within easy reach of Pisgah National Forest, the Blue Ridge Parkway, and the Haywood County Gateway to the Great Smokies. Everyday essentials, riverfront recreation, and small-town charm are all nearby. The home, sold as-is and with low ceilings, offers a manageable footprint and a practical path for someone ready to make it their own. First-time buyers will appreciate the approachable entry into homeownership, and investors will recognize the value-add potential both in the residence and in the second lot. This community in Canton retains a friendly, established feel and is well positioned for long-term upside as the area continues to grow and redefine itself. If you’re seeking a property with history, flexibility, and room for future ideas — with the benefit of city utilities and a location close to both town and mountain recreation — come see what’s possible at 54 Schoolhouse Drive.
| List Price: | $175,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1058 sqft |
| Parking: | Parking Space(s), Shared Driveway |
| MLS Number: | CAR4310849 |
| Subdivision: | None |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Open Lot, Sloped |
| Year Built: | 1940 |
| Sewer Type: | Septic Installed, Other - See Remarks |
| Elementary: | North Canton |
| Middle: | Canton |
| High: | Pisgah |
| Date | Event | Price | $/SQFT |
| 12-11-2025 | Price Decrease | $175,000-9.09% | $166 |
| 11-22-2025 | Listed | $192,500 | $182 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Bethel Elementary | 4 miles | KG-05 | 9 |
| Riverbend Elementary | 6 miles | KG-05 | 10 |
| Junaluska Elementary | 6 miles | KG-05 | 9 |
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 |
| 54 SchoolHouse Drive, Canton NC | 0 mi | $175,000 | days | |
| 69 Devlin Street, Canton NC | 0.1 mi | $199,000 | days | |
| 21 Lisa Drive, Canton NC | 0.1 mi | $285,000 | days | |
| 177 Dewey Avenue, Canton NC | 0.2 mi | $194,500 | days | |
| 19 Mingus Street, Canton NC | 0.2 mi | $348,000 | days | |
| 1224 Phillipsville Loop, Canton NC | 0.2 mi | $269,900 | 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)
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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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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 Keller Williams Professionals
54 SchoolHouse Drive, Canton NC is a 1058 ft2 on a 0.320 acres lot. This is for $175,000. This has 3 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2025-11-22 10:06:31 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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