Property details
About 7090 Peele Rd
Nestled just beyond downtown, on a sprawling 35-acre estate, stands a piece of history with endless potential. The land, rich with heritage, once belonged to the esteemed Farmer family, known for their long-standing ties to the community and credited with founding the town of Bailey. Located directly across the road from The Country Doctor Museum, this stately property awaits the writing of it's next chapter. Originally built in the early 1900's, the 3,000 square foot residence exudes character and charm. Offering five bedrooms and three full baths, the home's storied history is evident from the vintage chandeliers and five fireplaces—four wood-burning and one original coal fireplace—spread throughout the dwelling. The current owners have made some great updates, like modern plumbing, electrical, HVAC systems and fixed the original slate roof while keeping that historic feel. The estate also includes a generator and the refrigerator, washer, and dryer convey with the sale, adding to the convenience of this historic home. Characterized by its original woodworking details and hardwood floors the house presents an incredible opportunity for those eager to breathe new life into its walls. The unfinished basement offers additional space for customization and expansion. Complementing the main house are a detached garage and a magnificent barn, complete with horse stalls and a hay loft that provides breathtaking views of the property. The estate is bordered by a picturesque creek, enhancing the sense of tranquility and providing a natural boundary. The land itself is a canvas of opportunity. With 27 acres planted with pine trees ready for timber harvesting, the potential for income is abundant. Whether envisioned as a farm, large homestead, or an event space, this property's versatile zoning under Nash County regulations provides flexibility for your dreams.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Gas Range, Refrigerator, Washer/Dryer
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Tile, Vinyl
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: No
- Parking: Additional Parking, Attached Carport, Circular Driveway, Drive Through, Garage
- Exterior: Porch/Covered, Enclosed Porch, Porch Front, Porch, Private Entrance, Private Yard, Storage
- Architectural Style: Farmhouse
- Heating: Electric, Fireplace(s), Forced Air, Radiant
- Cooling: Central Air, Electric
- List Price: $985,000
- Price/SqFt: $317
- Annual Tax Amount: $1,197
- Tax Year: 2024
- Lot: Agricultural, Farm, Front Yard, Cleared, Pasture, Secluded, Wooded
- Directions: I-87/US-264 E/US-64 E, Exit 436 for U.S. 264 E toward NC-97/Wilson/Greenville. Take exit 11 for NC-581 toward Bailey/Spring Hope. Turn right onto NC-581 S. Make a slight right toward US-264 ALT W/Deans St. Merge onto US-264 ALT W/Deans St. Turn left onto Peele Rd. The home will be on the right.
- Year Built: 1921
- Living Area: 3,098 SqFt
- Lot Size: 35.3 Acres
- MLS Number: 10105811
- MLS Name: Doorify MLS
- Office Name: Compass -- Cary
- Office Phone: (919) 769-1956
- Office Email: agentexperience@compass.com
- Listing Agent: Lisa Marie Kozak, Lisa Quin
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Last updated on: 7/22/2025, 7:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $146,790 | $1,197 |
2023 | $146,790 | $1,211 |
History based on county public records data.
Nearby schools
5
Bailey Elementary School
Public District PK-5
0.5 mi
•6288 Pine St
5
Middlesex Elementary School
Public District PK-5
5.1 mi
•13081 W Hanes Ave
9
Rock Ridge Elementary School
Public District KG-5
6.1 mi
•6605 Rock Ridge School 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 $49,222. The majority of Bailey, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 7090 Peele Rd
The listing price of 7090 Peele Rd property is $985,000.
The property 7090 Peele Rd is a house located in Bailey, North Carolina, 27807.
Active Listing: 7090 Peele Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7090 Peele Rd are: Bailey Elementary School (GreatSchools Rating 5/10), Middlesex Elementary School (GreatSchools Rating 5/10), Rock Ridge Elementary School (GreatSchools Rating 9/10), Southern Nash Middle School (GreatSchools Rating 5/10), Springfield Middle School (GreatSchools Rating 5/10), Forest Hills Middle School (GreatSchools Rating 7/10), Southern Nash High School (GreatSchools Rating 6/10), Hunt High School (GreatSchools Rating 6/10), East Wake Academy (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,197 (source: MLS/based on county public records data).
The property at 7090 Peele Rd has 5 bedrooms and 3 bathrooms.
The property 7090 Peele Rd is 3,098 SqFt (source: MLS/tax record).
The year of construction for 7090 Peele Rd is 1921.
This home is located at 7090 Peele Rd in Bailey, NC and zip code 27807. This 3,098 square foot home, which was built in 1921, sits on a 35.30 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $985,000.
Over 0 listings were sold over their listed price in June 2025 in Bailey, NC. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. Between May and June 2025, Bailey, NC real estate market has seen increase in the number of listings by 4.5%. While the average time on the market in June 2025 was 76 days, the median list price was $322,500.