78 Mountain Magnolia Dr, Leicester, NC, 28748

$89,111

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontNone
ViewOther, Mountain(s)
MLS #4165038
StatusActive

About 78 Mountain Magnolia Dr

PRICE DROP - Now $25k below tax value! 13.5 Acres with BIG VIEWS and close to Asheville - only a 25 minute drive to Pack Square! ~3,000' elevation = cool summers! Preliminary soil report is in the last image, showing the suitable areas for conventional septics. The property has two nice gentle ridges running through it - the lower one has a roughed in drive and house seat. Amazing views could be opened up there revealing the surrounding peaks and valleys. From the top ridge you can see all of the way to Mt. Mitchell to the east and Doggett Mountain to the west - sunrise & sunset views! These two lots are part of the Moore's Valley subdivision with gated entry & restrictions to protect your investment. 1800 sq ft minimum build. The road is paved up to the property leaving only a few hundred feet to improve. The roughed in house seat paints a picture, but there is surrounding gentle ground leaving flexibility for your design. Only a short hike from there to the upper ridge.

Property Details

Property Features

Listing Office:

  • Office Name: LandCrazy.com Inc
  • Office Email: tom@landcrazy.com

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other, Mountain(s)

Other

Directions Information:

  • Directions: New Leicester Hwy to a left on Newfound Rd. Left on Moores Valley Rd. Drive to the end and go through gate. Drive straight up to the end of Mountain Magnolia Dr. Buyers must tour with an agent and only agents are allowed to drive up into the property. Single lane after the cul-de-sac. Dirt road into the property - AWD/4WD needed beyond - and steep at the end where there is space to turn around.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,111
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Housing Market Comparison

See how this home compares to others in Leicester, NC.

Med. Sold Price

$435K

Med. Price/SqFt

$238

Avg. Days On Market

67

# of Sold Homes

7

78 Mountain Magnolia Dr vs Leicester

109 DAYS ON ROCKET

+42 Days

$89,111

-$345.8K Less

KEY TAKEAWAY

This property is $345.8K less than the Median Sold Price in Leicester, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4165038

Listing Office:

  • Office Name: LandCrazy.com Inc
  • Office Email: tom@landcrazy.com

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$334

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.

Nearby Schools

school-card-donut-278429
6
/10
  • Leicester Elementary School

  • 31 Gilbert Rd

  • 3.29 miles

  • Public District Grades KG-4

school-card-donut-278430
7
/10
  • West Buncombe Elementary School

  • 175 Erwin Hills Rd

  • 4.05 miles

  • Public District Grades KG-4

school-card-donut-278431
2
/10
  • Johnston Elementary School

  • 230 Johnston Blvd

  • 4.49 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,370. Most Leicester, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 78 Mountain Magnolia Dr

What is the listing price of this property?

The listing price of 78 Mountain Magnolia Dr property is $89,111.

What type of property is this?

The property 78 Mountain Magnolia Dr is land located in Leicester, North Carolina, 28748.

Is this property for sale now?

Active Listing: 78 Mountain Magnolia Dr is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesNorth CarolinaBuncombe CountyLeicester2874878 Mountain Magnolia Dr

This home is located at 78 Mountain Magnolia Dr in Leicester, NC and zip code 28748. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $89,111.

While more than 1 listings in Leicester, NC in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Leicester, NC decreased by 6.7% between September 2024 and October 2024. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $435,000.

From Rocket Homes Real Estate and based on county public records data.

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