Last Sold Price
400 Pegg Rd, Marshall, NC 28753

Description

Endless Possibilities Await! This almost 30 acre property already boasts a meticulous modern barn with 6 oversized stalls (2 more could be finished out), well draining arena, round pen, barn lounge with full bath/kitchen/washer/dryer, hot/cold wash rack, and huge easy access area for hay storage. There is also an older cabin with great bones and tons of potential w some TLC, majestic historic barn, and plenty of pasture. Traverse the established road bed up to the top and soak in the potential for...Endless Possibilities Await! This almost 30 acre property already boasts a meticulous modern barn with 6 oversized stalls (2 more could be finished out), well draining arena, round pen, barn lounge with full bath/kitchen/washer/dryer, hot/cold wash rack, and huge easy access area for hay storage. There is also an older cabin with great bones and tons of potential w some TLC, majestic historic barn, and plenty of pasture. Traverse the established road bed up to the top and soak in the potential for almost 360 degree, outstanding VIEWS. Enjoy the property as it is, or build your dream home up on the ridge at multiple potential build sites and enjoy WNC to it's fullest! Conveniently located 2.6 miles to Marshall, ~14 miles to Weaverville, and ~22 miles to DT Asheville.
LISTING CLOSED: 08/03/2021 12:00 AM

  1. Listed by RE/MAX Mountain Living
  2. Listed by RE/MAX Mountain Living

Property Details for 400 Pegg Road

Status
MLS #
3667567
Days on Market
209
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
-
Lot Size
28.50 AC / 1,241,460 SF
Waterfront Features
None
Zoning Description
R-A
Community Features
Equestrian Facilities
Subdivision Name
None

Recent comparable sales

Median sold price

$182,000

Avg days on market

60

Sale-to-list ratio

88.8%

Marshall, NC

9 comparable properties found

$530,200 | 547 Long Branch Road, Unit TRACT 2, Marshall, NC 28753
1/19
1

$530,200

Sold 07/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.31
Acres
$299,743 | 55-119 Webb Drive, Marshall, NC 28753
1/49
2

$299,743

Sold 04/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.03
Acres
a backyard of a house with lots of green space
1/48
3

$75,000

Sold 04/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres
$70,000 | Tbd Cabin Holw Drive, Unit 11, Marshall, NC 28753
1/17
4

$70,000

Sold 06/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.45
Acres
an aerial view of residential houses with outdoor space and trees
1/26
5

$58,500

Sold 02/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.31
Acres
$325,000 | 401 Highway 251, Marshall, NC 28753
1/39
6

$325,000

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
21.97
Acres
$150,000 | 0 Baileys Branch Road, Marshall, NC 28753
1/18
7

$150,000

Sold 08/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
15
Acres
$588,000 | 99999 Windswept Ridge Road, Marshall, NC 28753
1/2
8

$588,000

Sold 03/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
35.06
Acres
$182,000 | 99999 Acorn Drive, Marshall, NC 28753
1/30
9

$182,000

Sold 07/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14.56
Acres

Location

Listing Courtesy of RE/MAX Mountain Living

Sold By Asheville Bulldog Realty

Add your commute

Building Information for 400 Pegg Road

Stories-Residences-Year Built-Lot Size28.50 AC / 1,241,460 SF

Payment Calculator

$3,639 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,477

Property Taxes

$162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 400 Pegg Road

Summary
Location and General Information
  • Road Frontage Type: Paved Road, State Road
  • Longitude: -82.675674
  • Geocode Source: Manual
  • Latitude: 35.774655
  • Directions: From Asheville: I26 west to Exit 19A towards Marshall. Follow US 25 Bus N/ US 70 Bus W into Marshall. Left onto Bailey's Branch Rd. In 0.5 miles take a Left onto Rector Corner Rd. Follow for 1.7 miles, then Right onto Pegg Rd (Ponders Rd). Follow to sign on right.
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $148,862.00
  • Parcel Number: 9705-97-5275
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Property
Lot Information
  • Structure Type: Farm
  • Sq Ft Building Minimum: 0
  • Lot Features: Cleared, Creek Front, Hilly, Long Range View, Mountain View, Pasture, Paved, Private, Rolling Slope, Sloped, Creek/Stream, Wooded, Views, Winter View, Year Round View
  • Possible Use: Cattle, Farm, Gardening, Horses, Multi-Family, Orchard, Pasture/Grazing, Poultry, Private Estate, Recreational/2nd House, Residential, Subdevelopment
  • Property Type: Farm
Property and Assessments
  • Photos Count: 40
  • Road Responsibility: Public Maintained Road
  • Construction Type: Manufactured, Off Frame Modular, On Frame Modular, Site Built
  • Permit Syndication: Yes
  • Plat Reference Section Pages: 233
  • Proposed Special Assessment: No
  • Restrictions: Manufactured Home Allowed, Modular Allowed, No Restrictions
  • Restrictions Description: NONE
Utilities
  • Sewer: Septic Installed
  • Water Source: Spring, Well
Interior and Exterior Features
Exterior Features
  • Out Buildings: Yes
  • Exterior Features: Arena, Barn(s), Equestrian Facilities, Feed Barn, Fence, Fire Pit, Hay Shed, In-Ground Irrigation, Outbuilding(s), Satellite Internet Available, Stable, Storage
Interior Features
  • Habitable Residence YN: Yes
  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block, Brick/Mortar, Slab, Crawl Space, Pier & Beam
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 400 Pegg Road

DateEvent & SourcePriceAppreciation
Aug 3, 2021

Closed

CANOPY #3667567

$684,000
Aug 3, 2021

Closed (Public Record)

Public Record #1469753091

$684,000
Aug 3, 2021

Closed (Public Record)

Public Record #1475149910

$684,000
DateEvent & SourcePrice
08/03/2021

Closed

CANOPY #3667567

$684,000
08/03/2021

Closed (Public Record)

Public Record #1469753091

$684,000
08/03/2021

Closed (Public Record)

Public Record #1475149910

$684,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 400 Pegg Road

Taxable ValueLand$298,243Additions$101,529Total$399,772
Tax Record2025$1,939 ($162 / month)
Home Facts
Beds0Total Finished SqFt962 SqFtAbove Grade Finished SqFt962 SqFtStories1Lot Size811,087 SqFtStyleSingle Family ResidenceYear Built1944Year Renovated1955ZoningR-ACountyMADISONAPN9705-97-5357

Schools near 400 Pegg Road

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Brush Creek Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Madison County Alternative High
Public9 to 12

Madison High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 400 Pegg Road, Marshall, NC 28753
$684,000
1,241,460
$480,000
3
2,966
131,551
$420,000
3
2,082
153,331
236,966
$700,000
3
2,000
153,766
$186,000
3
1,390
76,230

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Mountain Living

Based on information submitted to the MLS GRID as of 08/03/2021 03:37 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.