Leicester · Leicester, NC
99 Margaret Drive
Leicester, NC · 4,055 sqft
$1,200,000
Reduced from $1,350,000
- 5Beds
- 4.5Baths
- 4,055SqFt
- 1997Year
- 91Days on market
About this home
Escape to your own private mountain sanctuary, where peaceful seclusion and outdoor adventure exist in perfect balance. Sweeping views and inviting interiors set the stage for a remarkable retreat that pairs elevated comfort with the untamed beauty of the surrounding landscape. It’s perfectly suited for family gatherings, group retreats, or memorable getaways with friends.
Set on more than 90 pristine acres, this fully furnished, turnkey estate showcases panoramic mountain vistas and expansive living areas designed for both connection and quiet reflection. Dual kitchens on separate levels provide exceptional flexibility for entertaining, extended visits, or multi-generational living arrangements.
From the suite’s private entrance, step directly onto the deck and take in breathtaking mountain views—an idyllic setting for slow mornings with coffee or tranquil evenings at sunset. Enjoy uninterrupted access to nature while remaining wrapped in the comfort and charm of your mountain escape.
The lower level opens to a welcoming backyard that mirrors the spectacular views found above. Ideal for recreation or relaxation, this outdoor space invites everything from lively gatherings to peaceful moments of rest. A spacious fire pit, offers the perfect place to unwind beneath a canopy of stars while gazing out over the majestic mountain range.
After a day exploring your expansive acreage, retreat to the private sauna for a restorative escape. Just steps away, the hot tub awaits—an inviting place to soak in warm, bubbling waters as the cool mountain air and night sky surround you.
Thoughtfully cared for and previously operated as a successful vacation rental, the home blends comfort, versatility, and opportunity—whether you’re seeking a personal mountain sanctuary, an income-producing property, or a legacy estate to share for generations. A rare offering defined by privacy, acreage, and flexibility in an extraordinary setting.
Please do not enter or drive by without an appointment. Gated entrance.
Property details
- Beds
- 5
- Baths
- 4.5
- SqFt
- 4,055
- Lot
- —
- Year built
- 1997
- Type
- Single Family
- Days on market
- 91
- Garage
- 2
- Style
- Ranch
- Heating
- Central, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air, Heat Pump
- Foundation
- Basement
- Flooring
- Tile, Wood
- View
- Long Range, Mountain(s), Winter, Year Round
Features
- Attic Stairs Pulldown
- Breakfast Bar
- Garden Tub
- Kitchen Island
- Split Bedroom
- Storage
- Walk-In Closet(s)
- Fire Pit
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$8,831/ month
- Principal & interest
- $7,431
- Property tax (~1.05%)
- $1,050
- Homeowners insurance
- $350
- HOA dues
- —
Down payment
$60,000 down · $1,140,000 financed
Income to qualify (28% rule)
~$378,512 / 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.