537 Old Newfound Rd

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.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.
  1. Listed by Shawn Lynch • RE/MAX Executive
    P: (828)-772-5402 C: (828)-772-5402 ShawnLynchWNC@gmail.com

Property Details for 537 Old Newfound Road

Parking Features
Driveway
LISTING UPDATED: 04/02/2026 12:37 PM

Property Details for 537 Old Newfound Road

StatusActive
MLS #4363729
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built1991
Lot Size2.13 AC / 92,782 SF
CountyBuncombe County

Location

Listing Courtesy of RE/MAX Executive
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Building Information for 537 Old Newfound Road

Stories-Residences-Year Built1991Building Size-Lot Size2.13 AC / 92,782 SF

Payment Calculator

$2,366 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,241

Property Taxes

$125

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 537 Old Newfound Road

Summary
Location and General Information
  • Longitude: -82.70502008
  • Zoning: OU
  • Latitude: 35.62706821
  • 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.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $218,100.00
  • Parcel Number: 8790-93-2639-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Clyde A Erwin
  • High School: Clyde A Erwin
  • Elementary School: Leicester/Eblen
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 6
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Manufactured
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed, Other - See Remarks
  • Water Source: Shared Well, Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal, Vinyl, Other - See Remarks
  • Pool Private YN: No
  • Road Surface Type: Gravel, Paved
  • Roof: Architectural Shingle, Other - See Remarks
Interior Features
  • Appliances: None
  • Cooling: Other - See Remarks
  • Heating: Heat Pump
  • Laundry Features: None
  • Foundation Details: Other - See Remarks
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: Manufactured Home
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Internet
  • Pets Allowed: Yes

Property History for 537 Old Newfound Road

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Listed (Active)

CANOPY #4363729

$445,000
May 9, 2025

Withdrawn

CANOPY #4222020

$449,900
May 9, 2025

Temporarily Off Market

CANOPY #4222020

$449,900
Feb 25, 2025

Listed (Active)

CANOPY #4222020

$449,900
DateEvent & SourcePrice
04/02/2026

Listed (Active)

CANOPY #4363729

$445,000
05/09/2025

Withdrawn

CANOPY #4222020

$449,900
05/09/2025

Temporarily Off Market

CANOPY #4222020

$449,900
02/25/2025

Listed (Active)

CANOPY #4222020

$449,900

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

Public Records for 537 Old Newfound Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,498 ($125 / month)
Home Facts
Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStories1Lot Size94,090 SqFtStyleMobile Home ParksYear Built1991ZoningDEED DATE:01/CountyBUNCOMBEAPN8790-93-2639-00000

Schools near 537 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.

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537 Old Newfound Road is a multi-family home for sale in Leicester, NC 28748. This property was listed for sale on April 2, 2026 by RE/MAX Executive, it's currently listed at $445,000. This listing's school district is Buncombe County Schools. Nearby schools include Leicester Elementary, Eblen Intermediate School and Clyde A Erwin Middle School. 537 Old Newfound Road is a 9-bed, 0-bath, multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Executive

Based on information submitted to the MLS GRID as of 04/02/2026 12:37 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.