Leicester · Leicester, NC
1567 Newfound Road
Leicester, NC · 1,729 sqft
$725,000
Reduced from $825,000
- 3Beds
- 2Baths
- 1,729SqFt
- 1918Year
- 434Days on market
About this home
Beautiful Land in Leicester priced under tax value. Family compound, horse farm, homestead, glamping venue, STRs: the possibilities are numerous. The acreage has several potential homesites with views, pastureland, wooded areas, and a stream. The home offers the perfect place to live, rent, or occupy while you build your dream home with more expansive views further up on the property, or use the home as an office for your business venue. 3 bedrooms, 2 full baths, a large kitchen, bonus/dining room, and a large living area with a gas fireplace give you space and comfort whatever your plans may be. The stone canning room adds character and could easily be converted into wine storage. And the covered front porch invites everyone to sit a spell. Conveniently located 20 minutes to downtown Asheville, 7 miles to I-40, and approx. 25 minutes to Waynesville.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,729
- Lot
- —
- Year built
- 1918
- Type
- Single Family
- Days on market
- 434
- Style
- Farmhouse
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- View
- Mountain(s)
Features
- Fence
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$5,335/ month
- Principal & interest
- $4,490
- Property tax (~1.05%)
- $634
- Homeowners insurance
- $211
- HOA dues
- —
Down payment
$36,250 down · $688,750 financed
Income to qualify (28% rule)
~$228,684 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.