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$375,000
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Property Description
Welcome to this well-kept 1963 ranch-style home, set on 2.62 usable acres in the scenic countryside of Leicester. With 3 bedrooms (plus a bonus room in the basement), 1.5 bathrooms, and an inviting layout, this property is ideal for those seeking comfort, space, and room to grow. Inside, you'll find a bright living area with original hardwood floors, a cozy fireplace, and a picture window showcasing mountain views. The spacious kitchen has been updated with fresh flooring, a gas cooktop, tile backsplash, and custom wood cabinetry-perfect for everyday cooking or gatherings. The heated basement features a finished bonus room that offers flexibility for an office, media space, hobby room, or additional living area. The property is fenced, ideal for gardening, small livestock, or other homestead dreams. There's ample space for additional structures or simply enjoying the open land.
Full Property Details
Full Property Details for 550 Old Newfound Rd
General
- Sold For: $375,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4249093
- Added to Site: 256 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Propane, Living Room, Propane
- Appliances: Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator with Ice Maker, Wall Oven, Washer/Dryer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: In Basement
Additional Information
- Equipment: Fuel Tank(s)
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, Driveway
Location
- County: Buncombe
- Driving Directions: From Patton Ave: Turn right onto Old Leicester Hwy. Go for 4.4 miles Turn left onto Newfound Rd. Go for 3 miles Turn right onto Browntown Rd. Go for 108 feet Turn slightly right onto Old Newfound Rd. Go for .1 mile 550 Old Newfound Rd. will be on the right
School Information
- Elementary School: Leicester/Eblen
- Middle School: Clyde A Erwin
- High School: Clyde A Erwin
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Architectural Style: Ranch
- Construction: Site Built
- Exterior Const.: Brick Full, Vinyl
- Basement: Yes
- Basement Desc.: Exterior Entry, Interior Entry, Storage Space, Unfinished
- Roof: Shingle
- Main/1st Level: 1,407 Sq. Ft.
- Year Built: 1963
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Pasture, Rolling Slope, Views
- Fencing (Description): Back Yard, Fenced, Front Yard
Financial Considerations
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 879093638500000
- Plat: 0204/0078
- Lot Number: 5847/360
Listed by Patton Allen Real Estate LLC
Sold by Grateful Mindset Properties
Get Pre-Approved Today
Schools
Schools serving 550 Old Newfound Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Leicester Elementary 31 Gilbert Road, Leicester, NC 28748 | PK-4 | 2.2 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 4.4 mi |
Eblen Intermediate School 59 Lee's Creek Road, Asheville, NC 28806 | 5-6 | 4.8 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Old Newfound Rd
Date
Details
Price
Change
Source
8/19/2025
Sold
$375,000
-6.02%
MLS
7/06/2025
Price Reduced
$399,000
-2.68%
MLS
6/17/2025
Price Reduced
$410,000
-2.38%
MLS
6/06/2025
Price Reduced
$420,000
-2.33%
MLS
6/04/2025
Price Reduced
$430,000
-2.27%
MLS
6/01/2025
Price Reduced
$440,000
-4.35%
MLS
5/29/2025
Price Reduced
$460,000
-4.17%
MLS
5/23/2025
Price Reduced
$480,000
-1.03%
MLS
5/19/2025
Price Reduced
$485,000
-1.02%
MLS
5/16/2025
Price Reduced
$490,000
-1.01%
MLS
5/15/2025
Price Reduced
$495,000
-1%
MLS
5/08/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Old Newfound Road, Leicester, NC 28748 (MLS# 4249093) is a Single Family property that was sold at $375,000 on August 19, 2025. Want to learn more about 550 Old Newfound Road? Do you have questions about finding other Single Family real estate for sale in Leicester? You can browse all Leicester real estate or contact a Coldwell Banker agent to request more information.
