Listing office: Mtn. Land Properties, LLC
$399,000 List price
550 Old Newfound Rd Leicester, NC 28748
3 beds
1 full, 1 partial
1,407 sqft
$284 / sqft
House
Property details
About 550 Old Newfound Rd
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.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingElectric
Size1,407 sqft
BasementYes
Year built1963
ParkingAttached Carport, Driveway
MLS #4249093
FireplaceLiving Room, Propane
ViewMountain(s)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Freezer, Gas Cooktop, Microwave, Oven, Washer/Dryer
- Basement: Yes
- Flooring Type: Tile, Wood
- Fireplace: Living Room, Propane
- Total Bedroom Count: 3
- Parking: Attached Carport, Driveway
- View: Mountain(s)
- Architectural Style: Ranch
- Heating: Electric
- Cooling: Electric
- List Price: $399,000
- Price/SqFt: $283
- Annual Tax Amount: $1,598
- Tax Year: 2024
- 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
- Year Built: 1963
- Living Area: 1,407 SqFt
- MLS Number: 4249093
- Office Name: Patton Allen Real Estate LLC
- Office Email: katlyn@pattonallenre.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2019 | Home Sold | $264,000 |
| Jun 12, 2017 | Home Sold | $239,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $243,000 | $1,598 |
| 2023 | $243,000 | $1,551 |
| 2022 | $243,000 | $1,526 |
| 2021 | $243,000 | $1,526 |
| 2020 | $195,600 | $1,308 |
| 2019 | $195,600 | $1,308 |
| 2017 | $195,600 | $1,328 |
History based on county public records data.
Nearby schools
5
Leicester Elementary School
Public District PK-4
2.2 mi
•31 Gilbert Rd
8
West Buncombe Elementary School
Public District KG-4
4.7 mi
•175 Erwin Hills Rd
2
Joe P. Eblen Intermediate School
Public District 5-6
4.8 mi
•59 Lees Creek Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,370. The most common annual income of people living in Leicester, NC is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
27%
<35k
61%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
11%
Single, with Kids
28%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
College Football
Extreme Sports
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Academy Sports & Outdoors
Kmart
Where do the neighbors go to eat?
Sonic
Little Caesars
Bob Evans
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
New Country
Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 Old Newfound Rd
The listing price of 550 Old Newfound Rd property is $399,000.
The property 550 Old Newfound Rd is a house located in Leicester, North Carolina, 28748.
Accepting Backup Offers: 550 Old Newfound Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 550 Old Newfound Rd are: Leicester Elementary School (GreatSchools Rating 5/10), West Buncombe Elementary School (GreatSchools Rating 8/10), Joe P. Eblen Intermediate School (GreatSchools Rating 2/10), C.A. Erwin Middle School (GreatSchools Rating 5/10), Enka Middle School (GreatSchools Rating 4/10), Francine Delany New School (GreatSchools Rating 8/10), Clyde A. Erwin High School (GreatSchools Rating 3/10), Nesbitt Discovery Academy (GreatSchools Rating 9/10), Enka High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,598 (source: MLS/based on county public records data).
The last sale was on December 20, 2019 for $264,000 (source: MLS/tax record).
The property at 550 Old Newfound Rd has 3 bedrooms and 1 full and 1 half bathrooms.
The property 550 Old Newfound Rd is 1,407 SqFt (source: MLS/tax record).
The year of construction for 550 Old Newfound Rd is 1963.
This home is located at 550 Old Newfound Rd in Leicester, NC and zip code 28748. This 1,407 square foot home was built in 1963. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $399,000.
Over 1 listings were sold over their listed price in June 2025 in Leicester, NC. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. Between May and June 2025, Leicester, NC real estate market has seen increase in the number of listings by 18.3%. In June 2025 median list price was $438,000 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.