518 Old Newfound Rd

84,506 / 1.94
Lot Size / Acres

Description

Escape to the country again yet be within a 15 minute drive to downtown Asheville! This spectacular piece of land is one of the most beautiful in the area with sweeping, year round mountain views. Build your dream home and expect spectacular sunsets from your deck while relaxing at the end of a long day. This land is would make a lovely country estate, mountain cottage home, or hobby farm. It could also be a potential investment site for multiple homes! Perc test has already been completed and is...Escape to the country again yet be within a 15 minute drive to downtown Asheville! This spectacular piece of land is one of the most beautiful in the area with sweeping, year round mountain views. Build your dream home and expect spectacular sunsets from your deck while relaxing at the end of a long day. This land is would make a lovely country estate, mountain cottage home, or hobby farm. It could also be a potential investment site for multiple homes! Perc test has already been completed and is attached to the listing! It is easily accessed by a paved county road so no driving uphill on curvy mountain roads! A truly peaceful setting for your perfect mountain home or mini subdivision! Land has perc-ed for 3 3-bedroom homes!
  1. Listed by Fathom Realty • ashuford.discoveravl@gmail.com

Property Details for 518 Old Newfound Road

Waterfront Features
None
View
Long Range, Mountain(s), Winter, Year Round
LISTING CLOSED: 06/29/2021 12:00 AM

Property Details for 518 Old Newfound Road

StatusClosed
MLS #3700731
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size1.94 AC
CountyBuncombe County

Location

Listing Courtesy of Fathom Realty

Sold By Divitia Realty

Add your commute

Building Information for 518 Old Newfound Road

Lot Size1.94 AC

Payment Calculator

$462 per month

30 year fixed, 6.36% Interest

Principal and Interest

$448

Property Taxes

$14

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 518 Old Newfound Road

Summary
Location and General Information
  • Road Frontage Type: County Road
  • Longitude: -82.703961
  • Zoning: OU
  • Road Frontage Length: 390.0
  • Latitude: 35.628406
  • Directions: Take U.S. 19-S and turn right onto New Leicester Hwy. In 4.4 miles, turn left onto Newfound Rd. In 3 miles, turn right onto Old Newfound Rd. The lot is approximately .3 miles on your right. It is bordered by a barbed wire fence. Access is by Old Newfound Rd. only. The seller has taken down a portion of the fence for access. The dirt road that you see to the left side of the parcel is privately owned property.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $.00
  • Parcel Number: 879094518600000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Joe P Eblen
  • High School: Clyde A Erwin
  • Elementary School: Leicester/Eblen
Virtual Tour
  • Web URL: www.ashevilleareahomefinder.com
Property
Lot Information
  • Elevation: 2000
  • Wooded Area: 0.0
  • Acres Cleared: 1.94
  • Sq Ft Building Minimum: 0
  • Lot Features: Cleared, Green Area, Open Lot, Pasture, Paved, Sloped, Views
  • Lot Size Acres: 1.94
  • Lot Size Units: Acres
  • Possible Use: Private Estate, Recreational, Residential
  • Property Type: Land
Property and Assessments
  • Photos Count: 11
  • Road Responsibility: Publicly Maintained Road
  • Plat Book Slide: 206/106
  • Plat Reference Section Pages: 206/106
  • Proposed Special Assessment: No
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
Green Features
  • Green Verification Count: 1
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Connected
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Fencing: Barbed Wire, Partial
  • Road Surface Type: Paved
  • Other Structures: None
Interior Features
  • Habitable Residence YN: No
  • Basement YN: Yes
  • Basement Features: Basement
Room Information
Room Information
  • Room Count: 0.0
Rental
Rent Information
  • Lease Considered YN: No

Property History for 518 Old Newfound Road

DateEvent & SourcePriceAppreciation
Jun 29, 2021

Closed

CANOPY #3700731

$90,000—
May 24, 2021

Under Contract-No Show

CANOPY #3700731

—
May 24, 2021

Under Contract-Show

CANOPY #3700731

—
DateEvent & SourcePrice
06/29/2021

Closed

CANOPY #3700731

$90,000
05/24/2021

Under Contract-No Show

CANOPY #3700731

—
05/24/2021

Under Contract-Show

CANOPY #3700731

—

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

Public Records for 518 Old Newfound Road

Taxable ValueLand-Additions-Total-
Tax Record2021$166 ($14 / month)
Home Facts
Beds0Lot Size72,745 SqFtStyleResidentialCountyBUNCOMBEAPN8790-94-5186-00000

Schools near 518 Old Newfound Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Leicester Elementary
PublicPK to 4

Eblen Intermediate School
Public5 to 6

Clyde A Erwin Middle School
Public7 to 8

Clyde A Erwin High
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.

Similar Homes

Nearby off-market homes

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.

Listing Courtesy of Fathom Realty

Based on information submitted to the MLS GRID as of 12/12/2023 07:53 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.