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$750,000
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Property Description
A rare opportunity to breathe new life into a piece of local history. With its size, history, and flexible zoning, this is a truly one-of-a-kind offering in today's market. Situated on more than 5 fully fenced acres in northern Iredell County, this former schoolhouse offers nearly 22,000 square feet of character, scale, and untapped potential. Opportunities like this rarely come available - and for the right buyer, the possibilities are truly extraordinary. The original main building features approximately 7,900 square feet of heated and cooled space, highlighted by 12-foot ceilings, grand archways, and beautifully preserved maple hardwood floors that reflect the craftsmanship of another era. The roof covering this portion, along with the attached gymnasium/auditorium, was replaced approximately seven years ago. Beyond the main structure, an additional 14,000 square feet of masonry and steel construction provides a substantial and durable footprint ready for restoration, redevelopment, or adaptive reuse. While portions will require roof replacement and improvements, the underlying structure offers a strong and compelling foundation for transformation. The grounds are fully fenced with two large access gates, offering both privacy and flexibility for a wide range of future uses. Zoned Residential Agricultural (RA), the possibilities are expansive and may include: Bed & breakfast or retreat center Wedding or event venue Church or private school Daycare or community center Agricultural or residential development Cluster subdivision or mobile home park For developers, investors, entrepreneurs, or creatives with vision, this is a blank canvas with history, scale, and exceptional potential. Bring your imagination - and write the next chapter of this remarkable property.
Full Property Details
Full Property Details for 1318 Ostwalt Amity Rd
General
- Price: $750,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4357525
- Updated: 3/23/2026
- Added to Site: 23 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Wood Burning Stove, Wood Burning Stove
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Main Level
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Circular Driveway, Detached Garage, RV Access/Parking
Location
- County: Iredell
- Driving Directions: From Statesville, take I-40 W to Exit 154 (Old Mocksville Rd). Head north, then turn left onto Amity Hill Rd. Continue onto Ostwalt Amity Rd. Property is located in northern Iredell County near Cleveland, NC and will be on the right.
School Information
- Elementary School: Third Creek
- Middle School: Lakeshore
- High School: South Iredell
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Architectural Shingle
- Main/1st Level: 7,920 Sq. Ft.
- Year Built: 1920
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Cleared, Level
- Rcmdd Zoning: RA
- Fencing (Description): Chain Link, Fenced, Full
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Property ID: 4761-93-1928.000
- Lot Number: 1811-634
Listed by NorthGroup Real Estate LLC
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Schools
Schools serving 1318 Ostwalt Amity Rd
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Shepherd Elementary School 1748 Charlotte Highway, Mooresville, NC 28115 | K-5 | 4.9 mi |
Lakeshore Middle School 244 Lakeshore School Road, Mooresville, NC 28117 | 6-8 | 8.4 mi |
South Iredell High School 299 Old Mountain Road, Statesville, NC 28677 | 9-12 | 12.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1318 Ostwalt Amity Rd
Date
Details
Price
Change
Source
3/17/2026
Listed
$750,000
233.33%
MLS
12/20/2006
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1318 Ostwalt Amity Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,782
—
$301,950
—
2024
$1,782
—
$301,950
—
2023
$1,782
59%
$301,950
69%
2022
$1,120
—
$178,480
—
2021
$1,120
14%
$178,480
8%
2017
$985
—
$164,920
—
2016
$985
—
$164,920
—
2015
$985
-11%
$164,920
-8%
2019
$1,102
27%
$178,480
14%
2013
$871
—
$156,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1318 Ostwalt Amity Rd
1318 Ostwalt Amity Road, Cleveland, NC 27013 (MLS# 4357525) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1318 Ostwalt Amity Road is currently listed for $750,000 and was received on March 17, 2026. Want to learn more about 1318 Ostwalt Amity Road? Do you have questions about finding other Single Family real estate for sale in Cleveland? You can browse all Cleveland real estate or contact a Coldwell Banker agent to request more information.
