516 Newfound Rd is a 1,594 square foot house on a 1.91 acre lot with 1 bathroom. Based on Redfin's Leicester data, we estimate the home's value is $329,576.
Single-familyProperty Type
1927Year Built
1.91 acresLot Size
$207Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$329,576
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.5% lower than the average sale price ($431K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,647 (−9.1%)
$47,600 + $192,200
$239,800
2024
$1,812
$47,600 + $192,200
$239,800
Tax history for 516 Newfound Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,647 (−9.1%)
$47,600 + $192,200
$239,800
2024
$1,812
$47,600 + $192,200
$239,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Bathroom Information
# of Full Baths: 1
Exterior
Exterior Information
Foundation Type: Pier
Building Style Type: Conventional
Roof Shape Type: Gable Composition Shingle
Property Information
Subdivision Name: TRACT A
Living Sq. Ft: 1,594
Ground Floor Sq. Ft: 1,594
Building Sq. Ft: 1,594
# of Stories: 1
Stories Type: 1
Legal Description: DEED DATE:08/01/2024 DEED:6428-0257 LOT:PT TRACT A PLAT:0197-0071
Lot Information
# of Buildings: 1
Land Sq. Ft: 83,200
Fire District: LEICESTER
Municipality Name: LEICESTER
Acres: 1.91
Zoning Code: OU
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,594
Stories: 1.0
Lot Size: 1.91 acres
Style: Single Family Residential
Year Built: 1927
Year Renovated: —
County: Buncombe County
APN: 970023232800000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Leicester Elementary
Public PreK-4 • Assigned • 2.3mi
5/10
Clyde A Erwin Middle School
Public 7-8 • Assigned • 3.7mi
6/10
Clyde A Erwin High
Public PreK-12 • Assigned • 3.9mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$314,000 – $380,000
Sell confidently with a local market expert in Leicester. 3 minutes to get started.