Beautiful Land in Leicester priced under tax value. Family compound, horse farm, homestead, glamping venue, STRs: the possibilities are numerous. The acreage has several potential homesites with views, pastureland, wooded areas, and a stream. The home offers the perfect place to live, rent, or occupy while you build your dream home with more expansive views further up on the property, or use the home as an office for your business venue. 3 bedrooms, 2 full baths, a large kitchen, bonus/dining room, and a large living area with a gas fireplace give you space and comfort whatever your plans may be. The stone canning room adds character and could easily be converted into wine storage. And the covered front porch invites everyone to sit a spell. Conveniently located 20 minutes to downtown Asheville, 7 miles to I-40, and approx. 25 minutes to Waynesville.
Single-familyProperty Type
1918Year Built
41.44 acresLot Size
$402Price/Sq.Ft.
Listed by Laura Hutchinson• WEICHERT, Realtors - Unlimited
Listed by Bruce Hutchinson• WEICHERT, Realtors - Unlimited
Priced Under Tax Value: Beautiful Land in Leicester could be a family compound, horse farm, homestead, glamping venue, or short term rental: the possibilities are numerous. The acreage has several potential homesites with views, pastureland, wooded areas, and a stream. The home offers the perfect place to live, rent, or occupy while you build your dream home with more expansive views further up on the property. The home offers 3 bedrooms, 2 full baths, a large kitchen, bonus/dining room, and a large living area with a gas fireplace for space and comfort whatever your plans may be. The stone canning room adds character and could easily be converted into wine storage. And the covered front porch invites everyone to sit a spell. Conveniently located 20 minutes to downtown Asheville and 7 miles to I-40 and approx. 25 minutes to Waynesville.
CANOPYMLS as Distributed by MLS Grid #4214973
Jul 8, 2026
Price Changed
$695,000
$402/sq ft
Sep 8, 2025
Price Changed
$725,000
$419/sq ft
Jun 25, 2025
Price Changed
$775,000
$448/sq ft
Apr 23, 2025
Price Changed
$799,000
$462/sq ft
Feb 8, 2025
Listed
$825,000
$477/sq ft
Feb 5, 2025
Coming Soon
$825,000
$477/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,478 (+4.4%)
$362,500 + $181,700
$544,200
2024
$1,416 (+3.1%)
$362,500 + $181,700
$544,200
2023
$1,374 (+1.6%)
$377,500 + $166,700
$544,200
2022
$1,352
$377,500 + $166,700
$544,200
2021
$1,352 (+6.0%)
$377,500 + $166,700
$544,200
2020
$1,275
$377,500 + $166,700
$544,200
2019
$1,275
$241,300 + $147,100
$388,400
2018
$1,275 (−1.5%)
$241,300 + $147,100
$388,400
2017
$1,294 (+6.9%)
$241,300 + $147,100
$388,400
2016
$1,211
$241,300 + $147,100
$388,400
2015
$1,211 (+5.8%)
$241,300 + $119,300
$360,600
2014
$1,145
$242,800 + $117,000
$359,800
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
41.44 Acres
Year renovated
1918
Finished Sq. Ft.
1,710
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,710
Year built
1918
Style
Single Family Residential
County
Buncombe County
APN
868910422700000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 96° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Leicester, NC • 28748
Average low and high temperatures (°F)
44
22
54
30
66
38
72
47
72
52
81
60
85
65
78
61
76
57
69
45
60
39
50
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1567 Newfound Rd
$629,695
$65K under list price of $695K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $459K to $850K.