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537 Old Newfound Road, Leicester, NC 28748

Buncombe County

Key Facts

9Beds
1991Year Built

Description

Perfect opportunity for an investor to revive this existing park with one Double Wide and 3 older single-wide units with potentially additional spots. Double wide unit has its own separate well and 3 bedroom septic and well. The three Single wide units are on 9 bedroom septic. There are multiple wells on the property but the main well and system will need work. All units will need work, but the bones of the park are there and ready for your vision. Please do not disturb existing tenants.

Property Information

Property Type

Residential Income

Year Built

1991

Zoning

OU

MLS® Listing#

4363729

Property Features

Appliances

None

Heating

Heat Pump

Parking

Driveway

Laundry

None

Roof

Shingle

Sewer

Septic Tank

Water Source

Shared WellWell

Schools

Elementary:
Leicester/Eblen
Middle:
Clyde A Erwin
High:
Clyde A Erwin

Financial Details

HOA

None

Assessed Value

$218,100

Parcel Number

8790-93-2639-00000

Directions

From Asheville take New Leicester Hwy to a left on Newfound Road then a right on Old Newfound Road. Travel about a quarter mile and the property will be on the left.

Affordability Calculator

$89,000

Estimated monthly payment

$2,368/mo

Principal $356,000 · Est. interest $496,652 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Leicester, NC

$551,724
Median Listing Price
86
Median Days on Market
2,004
Median Sq Ft
$272
Median Price / Sq Ft
78
Active Listings
  • This home’s price is 19% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Leicester, NC.

Location

Map showing the location of 537 Old Newfound Road, Leicester, NC 28748

Points of Interest in Leicester, NC

Showing the Leicester area map.

Nearby Schools

  • Leicester Elementary School

    Elementary · 2.2 mi away

  • Mount Carmel Baptist Church

    School · 3.9 mi away

  • Erwin High School

    Secondary · 4.4 mi away

  • Mount Pisgah Academy

    School · 4.4 mi away

  • Asheville-Pisgah Christian School

    Secondary · 4.5 mi away

  • West Buncombe Elementary School

    Elementary · 4.7 mi away

  • Joe P. Eblen Intermediate School

    Secondary · 4.8 mi away

  • St Joan of Arc Roman Catholic Church

    Elementary · 5.1 mi away

  • Johnston Elementary School

    Elementary · 5.6 mi away

  • Enka Middle School

    Secondary · 5.7 mi away

  • Candler Elementary School

    Elementary · 6.1 mi away

  • Sand Hill / Venable Elementary School

    Elementary · 6.2 mi away

  • Asheville School

    Secondary · 6.3 mi away

  • Emmanuel Lutheran School

    School · 6.4 mi away

  • Emma Elementary

    Elementary · 6.6 mi away

  • Woodfin Elementary School

    Elementary · 6.7 mi away

  • The New Classical Academy

    School · 6.8 mi away

  • Nazarene Christian School

    Secondary · 6.8 mi away

  • School for Esoteric Studies

    School · 6.8 mi away

  • Buncombe County Schools

    School · 6.8 mi away

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EXIT Agents in Leicester

Carolina MLS  (Charlotte) logo

Listing Courtesy: RE/MAX Executive - ShawnLynchWNC@gmail.com

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-04-02

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Land of The Sky Association of Realtors. MLS® Listing#4363729. © 2026EXIT Realty®. All rights reserved.