Google satellite image for 531 Newfound Rd, Leicester, NC 28748

OFF MARKET

$552,062

•

3 ba

•

2,051

sq ft

531 Newfound Rd, Leicester, NC 28748

About this home

531 Newfound Rd is a 2,051 square foot house on a 1.5 acre lot with 3 bedrooms and 3 bathrooms. Based on Redfin's Leicester data, we estimate the home's value is $552,062.

Single-familyProperty Type

2010Year Built

1.5 acresLot Size

$269Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$552,062

$16K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.5% lower than the average sale price ($555K) of 5 comparable homes.

SOLD AUG 17, 2026
$674,000
A
3 beds2.5 baths1,928 sq ft
34 Justice Dr, Leicester, NC 28748
SOLD APR 20, 2026
$550,000
B
3 beds3 baths2,339 sq ft
124 Shadow View Dr, Leicester, NC 28748
SOLD JUL 28, 2026
$495,000
C
3 beds3.5 baths2,240 sq ft
4 Carter Hill Dr, Leicester, NC 28748
SOLD JUN 24, 2026
$550,000
D
3 beds2.5 baths2,315 sq ft
44 Goughes Branch Rd, Leicester, NC 28748
SOLD AUG 4, 2026
$505,000
E
3 beds2.5 baths1,630 sq ft
49 Wilderness Trl, Candler, NC 28715

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Earn from this home

Sell

$518,289

Est. take-home

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Rent

$2,634/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

$725,000
3 beds2.5 baths2,700 sq ft
27 Winn Dr, Leicester, NC 28748
$1,500,000
4 beds3 baths3,449 sq ft
54 Mountain Shadows Dr, Leicester, NC 28748
$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 531 Newfound Rd

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 531 Newfound Rd

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

Zoning and permits

Zoning
Permits

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

May 20, 2025 • Final

Residential combo

Remove and replace an existing heat pump system. Install new high voltage wiring to the outdoor unit and air handler unit. Install a compressor defender at the outdoor unit.

Electrical

Heat pump

HVAC

Mar 4, 2011 • Final

Building

New construction

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

Interior

Basement Information
Basement Sq. Ft: 1,005
Basement Type: Unfinished

Bathroom Information
# of Full Baths: 3

Heating & Cooling
Heating Type: Hot Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Standard
Building Style Type: Contemporary
Building Construction Quality: Average
Exterior Wall: Frame
Roof Shape Type: Gable Composition Shingle

Property Information
Subdivision Name: JOHN D GORMAN
Living Sq. Ft: 2,051
Ground Floor Sq. Ft: 2,051
Building Sq. Ft: 3,056
# of Stories: 1
Stories Type: 1
Legal Description: JOHN D GORMAN TRACT 1

Parking & Garage Information
# of Parking Spaces: 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 65,340
Fire District: LEICESTER
Municipality Name: LEICESTER
Acres: 1.5
Zoning Code: OU
County Use Description: RESIDENTIAL

Utility Information
Sewer Type: Private
Water Service Type: Private

Financial

Assessor Information
Assessment Year: 2020

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,051
Stories: 1.0
Lot Size: 1.5 acres
Style: Single Family Residential
Year Built: 2010
Year Renovated: —
County: Buncombe County
APN: 970023297200000

Home facts updated by county records on Jan 13, 2023

Around this home

Schools

Leicester Elementary

Public PreK-4 • Assigned • 2.2mi

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

Climate risks

1/10 Flood Factor

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

3/10 Fire Factor

0.31% 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

$525,000 – $635,000

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New listings for sale in 28748

$725,000

3 beds2.5 baths2,700 sq ft

27 Winn Dr, Leicester, NC 28748

$1,500,000

4 beds3 baths3,449 sq ft

54 Mountain Shadows Dr, Leicester, NC 28748

$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

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4 beds5.5 baths5,024 sq ft

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Home values near 531 Newfound Rd

Data from public records.

Address	Redfin Estimate
52 Newfound Road, Asheville, NC 2 Beds \| 1 Baths \| - Sq. Ft.	$224,000
533 Newfound Road, Leicester, NC - Beds \| 2 Baths \| 2040 Sq. Ft.	$521,321

Address	Redfin Estimate
584 Newfound Road, Leicester, NC 2 Beds \| 1 Baths \| 1164 Sq. Ft.	$360,245
531 Newfound Road, Leicester, NC - Beds \| 3 Baths \| 2051 Sq. Ft.	$547,488

Address	Redfin Estimate
579 Newfound Road, Leicester, NC 3 Beds \| 1 Baths \| 900 Sq. Ft.	$251,393
516 Newfound Road, Leicester, NC - Beds \| 1 Baths \| 1594 Sq. Ft.	$329,576

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