OFF MARKET

Off Market Apr 2024 for $775K

$772,810

Est. refi paymentEst. refi $5,460/mo

•

2,462

sq ft

407 Newfound Rd, Leicester, NC 28748

About this home

Welcome home to your new A-Frame! This newly renovated 2 bed, 3 bath home plus detached guest suite is located on five beautiful rolling acres. This home has operated as a successful vacation rental and is being sold fully furnished. The living room features a gorgeous floor to ceiling wood burning fireplace and large windows to take in the stunning year-round views. The main floor has an updated kitchen, dining room, full bath, and one large bedroom with glass sliders out to the hot tub and back deck. The upstairs has an additional bedroom and full bath. The basement has been turned into an awesome bunk and game room, complete with air hockey and Pac-Man machine and has another full bath with laundry. Enjoy your coffee on the front deck while admiring the view or unwind at the fire pit. Don't forget to check out the brand-new guest suite with kitchenette and full bath above the oversized, detached two car garage. This house has it all and is only a 20-minute drive to downtown AVL!

Single-familyProperty Type

1984Year Built

5 acresLot Size

$314Est. Price/Sq.Ft.

3 car garageParking

Listed by Elle Inzer • EXP Realty LLC

Listed by Clarissa Marshall • EXP Realty LLC

Contact: elizabeth.inzer@exprealty.com

Bought with Tyler Coon • EXP Realty LLC

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #4105374

Redfin Estimate

$772,810

$2,190 since sold in April 2024$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.5% higher than the average sale price ($631K) of 6 comparable homes.

SOLD JUN 1, 2026
$659,000
A
3 beds2.5 baths2,218 sq ft
25 New Morning Pl, Leicester, NC 28748
SOLD JUN 24, 2026
$550,000
B
3 beds2.5 baths2,315 sq ft
44 Goughes Branch Rd, Leicester, NC 28748
SOLD MAR 13, 2026
$800,000
C
3 beds4.5 baths3,217 sq ft
308 Goughes Branch Rd, Leicester, NC 28748
SOLD JUL 31, 2026
$431,200
D
3 beds2.5 baths2,123 sq ft
34 Wintercrest Dr, Candler, NC 28715
SOLD JUL 9, 2026
$745,000
E
3 beds3.5 baths2,826 sq ft
4 Oak Mountain Dr, Leicester, NC 28748
SOLD JAN 9, 2026
$600,000
F
3 beds3 baths2,488 sq ft
132 Rabbit Ham Rd, Leicester, NC 28748

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Earn from this home

Sell

$134,366

Est. take-home

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Refinance

Est. cash available

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Rent

$2,884/mo

Redfin rental estimate

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Market trends in 28748, NC

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.7%

0.0% MoM

Median sale price

$460K

$9K MoM

Avg. days on market

70d

2 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 31 HRS AGO
$725,000
3 beds2.5 baths2,000 sq ft
27 Winn Dr, Leicester, NC 28748
$1,500,000
4 beds3 baths3,449 sq ft
54 Mountain Shadows Dr, Leicester, NC 28748
OPEN SAT, 1PM TO 3PM
$318,500
3 beds2 baths1,835 sq ft
18 Henry White Ln, Leicester, NC 28748
$425,000
3 beds2 baths1,320 sq ft
257 Tipton Hill Rd, Leicester, NC 28748
$359,000
4 beds3 baths2,223 sq ft
308 Browntown Rd, Leicester, NC 28748
$525,000
3 beds2 baths1,591 sq ft
255 Dix Creek No 1 Rd, Leicester, NC 28748
$1,395,000
4 beds5.5 baths5,024 sq ft
38 Cane Brook Dr, Leicester, NC 28748
See all

Provided by Redfin

Sale history for 407 Newfound Rd

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #4105374

Apr 4, 2024

Sold

$775,000

$315/sq ft

Feb 22, 2024

Contingent

—

Feb 17, 2024

Listed

$725,000

$294/sq ft

CANOPYMLS as Distributed by MLS Grid #3771819

Oct 28, 2021

Sold

$490,000

$199/sq ft

Sep 2, 2021

Contingent

—

Aug 14, 2021

Listed

$549,999

$223/sq ft

Aug 10, 2021

Coming Soon

$549,999

$223/sq ft

+43

Year

Property tax

Land + Additions

Assessment*

2025

$2,689 (+6.7%)

$79,000 + $294,300

$373,300

2024

$2,519 (+6.6%)

$79,000 + $294,300

$373,300

2023

$2,363 (+1.6%)

$79,000 + $294,300

$373,300

2022

$2,326

$79,000 + $294,300

$373,300

2021

$2,326 (+11.5%)

$79,000 + $294,300

$373,300

2020

$2,087

$79,000 + $294,300

$373,300

2019

$2,087 (+1.5%)

$79,000 + $232,900

$311,900

2018

$2,055

$79,000 + $232,900

$311,900

2017

$2,055 (+2.7%)

$79,000 + $232,900

$311,900

2016

$2,001 (+18.3%)

$79,000 + $232,900

$311,900

2015

$1,691 (+2.9%)

$74,000 + $202,500

$276,500

2014

$1,644

$74,000 + $159,600

$233,600

Tax history for 407 Newfound Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,689 (+6.7%)

$79,000 + $294,300

$373,300

2024

$2,519 (+6.6%)

$79,000 + $294,300

$373,300

2023

$2,363 (+1.6%)

$79,000 + $294,300

$373,300

2022

$2,326

$79,000 + $294,300

$373,300

2021

$2,326 (+11.5%)

$79,000 + $294,300

$373,300

2020

$2,087

$79,000 + $294,300

$373,300

2019

$2,087 (+1.5%)

$79,000 + $232,900

$311,900

2018

$2,055

$79,000 + $232,900

$311,900

2017

$2,055 (+2.7%)

$79,000 + $232,900

$311,900

2016

$2,001 (+18.3%)

$79,000 + $232,900

$311,900

2015

$1,691 (+2.9%)

$74,000 + $202,500

$276,500

2014

$1,644

$74,000 + $159,600

$233,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

5 Acres

Year renovated

1984

Sq. Ft.

2,404

Year built

1984

Style

Other

County

Buncombe County

APN

970053025600000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

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

Aug 23, 2024 • Final

Residential combo

Electrical

HVAC

Aug 21, 2024 • Final

Residential addition and renovation

Expand the existing front deck and convert the garage into a theater room. Replace the garage door with a wall and construct a new wall around the air handling unit and well pump.

Addition

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Main Level Garage Y/N: 1
SqFt Garage: 1251
Parking Features: Basement, Driveway, Detached Garage
Garage Spaces: 3
Has Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: Upper: 1
# of Bedrooms: Main: 1
# of Bedrooms: Basement: 0
# of Bedrooms: Second Living Quarters: 0
# of Bedrooms: 2

Bathroom Information
# of Full Baths: Upper: 1
# of Full Baths: Main: 1
# of Full Baths: Basement: 1
# of Full Baths: Second Living Quarters: 1
# of Full Baths (Total): 4

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Basement Garage Door, Exterior Entry

Fireplace Information
Has Fireplace

Heating & Cooling
Heating Information: Heat Pump
Cooling Information: Heat Pump

Interior Features
Room Count: 9
Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer/Dryer

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Wood
Roof: Metal

Exterior Features
Patio And Porch Features: Front Porch, Rear Porch
Exterior Features: Fire Pit, Hot Tub

Property Information
Second Living Quarters: Exterior Not Connected,Guest House
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning: OU
Zoning Specification: OU

Lot Information
Lot Size Area: 5
Lot Size Units: Acres
Road Surface Type: Asphalt, Paved
Road Responsibility: Publicly Maintained Road

Utilities

Utility Information
Water Source: Well
Sewer: Septic Installed

Location

HOA Information
HOA Subject To: None

School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified

Location Information
Directions: From Patton Avenue, turn onto New Leicester Highway. Go approximately 4.4 miles and turn left onto Newfound Road. Property will be on your right in approximately 1.1 miles.

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,404
Stories: 1.5
Lot Size: 5 acres
Style: Other
Year Built: 1984
Year Renovated: 1984
County: Buncombe County
APN: 970053025600000

Home facts updated by county records on Aug 10, 2026

Other

Business Information
Other Sq. Ft.: 385

Auction Information
Is Auction: 0

Listing Information
Exception YN: 0

Green Information
Green Verification Count: 0

Home Information
Total Property HLA Sq. Ft.: 2462
Living Area: 2077
Above Grade Finished Area: 1,430
Below Grade Finished Area: 647
Sq. Ft. Upper: 292
Sq. Ft. Third: 0
Sq. Ft. Main: 1138
Sq. Ft. Lower: 0
Second Living Quarters Heated Living Area: 385
Foundation Details: Basement
Levels: One and One Half

Team Information
Buyer Team Mls Id: R25549
CoList Team Key: 73073995
CoList Team Mls Id: R13772
List Team Mls Id: R13772

Around this home

Schools

Leicester Elementary

Public PreK-4 • Assigned • 2.6mi

5/10

Clyde A Erwin Middle School

Public 7-8 • Assigned • 3.2mi

6/10

Clyde A Erwin High

Public PreK-12 • Assigned • 3.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 96° expected this year, 19 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Leicester, NC • 28748

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.9 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$735,000 – $889,000

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New listings for sale in 28748

NEW 31 HRS AGO

$725,000

3 beds2.5 baths2,000 sq ft

27 Winn Dr, Leicester, NC 28748

$1,500,000

4 beds3 baths3,449 sq ft

54 Mountain Shadows Dr, Leicester, NC 28748

OPEN SAT, 1PM TO 3PM

$318,500

3 beds2 baths1,835 sq ft

18 Henry White Ln, Leicester, NC 28748

$425,000

3 beds2 baths1,320 sq ft

257 Tipton Hill Rd, Leicester, NC 28748

$359,000

4 beds3 baths2,223 sq ft

308 Browntown Rd, Leicester, NC 28748

$525,000

3 beds2 baths1,591 sq ft

255 Dix Creek No 1 Rd, Leicester, NC 28748

$1,395,000

4 beds5.5 baths5,024 sq ft

38 Cane Brook Dr, Leicester, NC 28748

Home values near 407 Newfound Rd

Data from public records.

Address	Redfin Estimate
433 Newfound Rd, Leicester, NC 3 Beds \| 2 Baths \| 2300 Sq. Ft.	$758,005
367 Newfound Rd, Leicester, NC 3 Beds \| 1 Baths \| 1384 Sq. Ft.	$346,334

Address	Redfin Estimate
441 Newfound Rd, Leicester, NC 3 Beds \| 1 Baths \| 972 Sq. Ft.	$324,647
367 Newfound Rd, Leicester, NC - Beds \| 2 Baths \| 2393 Sq. Ft.	$575,057

Address	Redfin Estimate
378 Newfound Rd, Leicester, NC 1 Beds \| 1 Baths \| 1497 Sq. Ft.	$341,589
3 Buckner Rd, Leicester, NC 3 Beds \| 2 Baths \| 1092 Sq. Ft.	$256,797

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28748, NC

Sale history for 407 Newfound Rd

Tax history for 407 Newfound Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28748

Home values near 407 Newfound Rd

More real estate resources