Nestled in the heart of Leicester, this charming log cabin offers a unique opportunity for those seeking a rustic retreat or a potential redevelopment project. Boasting 18+ acres of prime land, this former horse farm is a haven for nature lovers and aspiring farmers alike. The cozy 1,305 square foot home features 2 bedrooms and 2 bathrooms, providing a comfortable living space with authentic cabin charm. But the real star of the show is the expansive property surrounding it. Two barns stand ready to house your equine friends or serve as storage for farm equipment. A large detached 2-car garage offers ample space for vehicles or workshop needs. Whether you're dreaming of raising chickens, tending to horses, or cultivating a working farm, this property has the potential to make your rural fantasies a reality. With its blend of rustic charm and development potential, this property is sure to capture the imagination of anyone seeking a slice of country life.
Property Details
Property Features
Property Information:
Architectural Style: Cabin
Year Built: 1990
Living Area: 1,304 SqFt
Listing Office:
Office Name: Coldwell Banker Advantage
Office Email: amandaknowsasheville@gmail.com
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Basement: No
Flooring Type: Wood
Fireplace: Living Room, Propane
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached Garage
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
Price Information
Listing Price Info
Price Summary:
List Price: $815,000
Price Per SqFt: $625/SqFt
Tax Information:
Annual Amount: $1,658
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Leicester, NC.
This property is $380K more than the Median Sold Price and $387/SqFt more than other homes in Leicester, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4173289
Listing Office:
Office Name: Coldwell Banker Advantage
Office Email: amandaknowsasheville@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,135
Per Month
Principal & Interest
$4,068
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,510
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Leicester Elementary School
31 Gilbert Rd
Distance between this listing and this school1.95 miles
Public District Grades KG-4
7
/10
West Buncombe Elementary School
175 Erwin Hills Rd
Distance between this listing and this school7.50 miles
Public District Grades KG-4
2
/10
Woodfin Elementary School
108 Elk Mountain Rd
Distance between this listing and this school8.85 miles
Public District Grades KG-5
Nearby Schools
3
/10
Erwin Middle School
20 Erwin Hills Rd
Distance between this listing and this school7.11 miles
Public District Grades 7-8
4
/10
Eblen Intermediate School
59 Lees Creek Rd
Distance between this listing and this school7.55 miles
Public District Grades 5-6
3
/10
Enka Middle School
390 Asbury Rd
Distance between this listing and this school9.51 miles
Public District Grades 7-8
Nearby Schools
3
/10
Erwin High School
60 Lees Creek Rd
Distance between this listing and this school7.20 miles
Public District Grades 9-12
10
/10
Nesbitt Discovery Academy
175 Bingham Rd Ste 10
Distance between this listing and this school9.71 miles
Public District Grades 9-12
6
/10
Madison Early College High School
5734 US 25/70 Hwy
Distance between this listing and this school9.99 miles
The neighbors living near this home have an average income of $44,209. Most Leicester, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3565 New Leicester Hwy
What is the listing price of this property?
The listing price of 3565 New Leicester Hwy property is $815,000.
What type of property is this?
The property 3565 New Leicester Hwy is a house located in Leicester, North Carolina, 28748.
Is this property for sale now?
Active Listing: 3565 New Leicester Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,658 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3565 New Leicester Hwy has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 3565 New Leicester Hwy is 1,304 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3565 New Leicester Hwy is 1990.
This home is located at 3565 New Leicester Hwy in Leicester, NC and zip code 28748. This 1,304 square foot home was built in 1990. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $815,000.
In October 2024, from all listings sold in Leicester, NC there were more than 1 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Leicester, NC decreased by 6.7% between September 2024 and October 2024. In October 2024 median list price was $435,000 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.