OFF MARKET

Off Market Nov 2023 for $1M

$771,910

•

1,235

sq ft

338 Rush Rd, New Hill, NC 27562

About this home

Welcome to an unparalleled opportunity in New Hill! This 15.5-acre property has a blank canvas home - Whether you envision a restorative remodel or a brand-new dream dwelling, this "Sold AS IS" home is the foundation for your next chapter. With a serene pond and lush trees, it's a nature lover's paradise. Embrace outdoor living and water activities just minutes away from Jordan Lake. The convenience factor is unmatched – enjoy easy access to Apex, Raleigh, Cary, and RTP. The property's prime location along the old Highway 1 corridor is set to flourish with exciting developments on the horizon potential future value appreciation. The prestigious Conservancy at Jordan Lake, a vast new subdivision, is poised to become a neighbor. Additionally, the upcoming VinFast plant will bring innovation and potential job opportunities to the area. Positioned right over the Wake County Line in Chatham County, this property offers versatility. Explore the possibility of converting to commercial zoning for a range of investment options. Don't miss this chance to own a slice of tranquility with incredible potential.

Single-familyProperty Type

1974Year Built

15.5 acresLot Size

$625Est. Price/Sq.Ft.

Listed by Bonnie Ferrari • Grow Local Realty, LLC

Bought with Mallika Jayasundera • Carolina Living Associates LLC

Redfin checked: a minute ago

•Source:TMLS #2529898

Redfin Estimate

$771,910

$228K since sold in November 2023$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9% higher than the average sale price ($708K) of 6 comparable homes.

SOLD MAY 27, 2026
$950,000
A
3 beds2.5 baths2,620 sq ft
341 Woodhaven Dr, New Hill, NC 27562
SOLD DEC 10, 2025
$350,000
B
3 beds2 baths2,428 sq ft
6350 Beaver Creek Rd, New Hill, NC 27562
SOLD APR 1, 2026
$1,400,000
C
3 beds3.5 baths2,695 sq ft
9916 Bonsal Crossing Rd, New Hill, NC 27562
SOLD OCT 6, 2025
$345,000
D
3 beds2 baths1,098 sq ft
2311 New Elam Church Rd, New Hill, NC 27562
SOLD AUG 27, 2026
$600,000
E
2 beds2.5 baths2,083 sq ft
2535 Kylewynd Pl, New Hill, NC 27562
SOLD APR 14, 2026
$605,000
F
4 beds2.5 baths2,431 sq ft
2924 Landon Ridge Dr, New Hill, NC 27562

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Earn from this home

Sell

−$33,482

Est. take-home

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Rent

$2,305/mo

Redfin rental estimate

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Market trends in 27562, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

+0.2% MoM

Median sale price

$714K

$2K MoM

Avg. days on market

37d

0 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 17 HRS AGO
$850,000
5 beds4.5 baths3,789 sq ft
3545 Jordan Shires Dr, New Hill, NC 27562
VIDEO TOUR
$740,000
4 beds3.5 baths3,622 sq ft
2836 Landon Ridge Dr, New Hill, NC 27562
3D WALKTHROUGH
$215,000
4 beds2 baths1,560 sq ft
144 Brown Hill Rd, New Hill, NC 27562
OPEN TODAY, 12PM TO 3PM
$875,000
4 beds3.5 baths3,352 sq ft
3720 Jordan Shires Dr, New Hill, NC 27562
See all

Provided by Redfin

Sale history for 338 Rush Rd

Date

Event

Price

TMLS #2529896

Nov 15, 2023

Sold

$1,000,000

$810/sq ft

Nov 15, 2023

Sold

$1,000,000

$810/sq ft

Nov 7, 2023

Contingent

—

Aug 31, 2023

Listed

$795,000

$644/sq ft

Aug 31, 2023

Listed

$795,000

$644/sq ft

TMLS #2529898

Nov 15, 2023

Sold

$1,000,000

$810/sq ft

Nov 15, 2023

Sold

$1,000,000

$810/sq ft

Nov 7, 2023

Contingent

—

Aug 31, 2023

Listed

$795,000

$644/sq ft

Aug 31, 2023

Listed

$795,000

$644/sq ft

Welcome to an unparalleled opportunity in New Hill! This 15.5-acre property has a blank canvas home - Whether you envision a restorative remodel or a brand-new dream dwelling, this "Sold AS IS" home is the foundation for your next chapter. With a serene pond and lush trees, it's a nature lover's paradise. Embrace outdoor living and water activities just minutes away from Jordan Lake. The convenience factor is unmatched - enjoy easy access to Apex, Raleigh, Cary, and RTP. The property's prime location along the old Highway 1 corridor is set to flourish with exciting developments on the horizon potential future value appreciation. The prestigious Conservancy at Jordan Lake, a vast new subdivision, is poised to become a neighbor. Additionally, the upcoming VinFast plant will bring innovation and potential job opportunities to the area. Positioned right over the Wake County Line in Chatham County, this property offers versatility. Explore the possibility of converting to commercial zoni

Year

Property tax

Land + Additions

Assessment*

2025

$5,409 (+13.4%)

2024

$4,770 (+36.9%)

2022

$3,485

$384,487 + $111,456

$495,943

2021

$3,485 (+122.0%)

$384,487 + $111,456

$495,943

2020

$1,569 (+1.4%)

$384,487 + $111,456

$495,943

2019

$1,547 (+5.1%)

$158,277 + $83,161

$241,438

2017

$1,472 (+25.0%)

$158,277 + $83,161

$241,438

2016

$1,178 (+1.4%)

$158,277 + $83,161

$241,438

2015

$1,162 (+1.8%)

$116,212 + $75,287

$191,499

2014

$1,141

$116,212 + $75,287

$191,499

2013

$1,142

$116,212 + $75,287

$191,499

2012

$1,142 (+2.9%)

$116,212 + $75,287

$191,499

2011

$1,110

$116,212 + $75,287

$191,499

Tax history for 338 Rush Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,409 (+13.4%)

2024

$4,770 (+36.9%)

2022

$3,485

$384,487 + $111,456

$495,943

2021

$3,485 (+122.0%)

$384,487 + $111,456

$495,943

2020

$1,569 (+1.4%)

$384,487 + $111,456

$495,943

2019

$1,547 (+5.1%)

$158,277 + $83,161

$241,438

2017

$1,472 (+25.0%)

$158,277 + $83,161

$241,438

2016

$1,178 (+1.4%)

$158,277 + $83,161

$241,438

2015

$1,162 (+1.8%)

$116,212 + $75,287

$191,499

2014

$1,141

$116,212 + $75,287

$191,499

2013

$1,142

$116,212 + $75,287

$191,499

2012

$1,142 (+2.9%)

$116,212 + $75,287

$191,499

2011

$1,110

$116,212 + $75,287

$191,499

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

15.56 Acres

Year renovated

1974

Sq. Ft.

1,200

Year built

1974

Style

Single Family Residential

County

Chatham County

APN

0005527

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking Information
Parking Features: Driveway, Gravel

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 1

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Electric Water Heater
Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Concrete

Exterior

Building Information
Construction Materials: Concrete
Building Area Total: 1235.0
Structure Type: Site Built

Property information
Above Grade Finished Area: 1235.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other

Lot Information
Lot Size Acres: 15.5
Lot Size Area: 15.5
Lot Size Dimensions: See Survey
Lot Size Square Feet: 675180.0
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 4217.0

Financial Information
Buyer Financing: Cash

Utilities

Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: Chatham - Moncure
Middle Or Junior School: Chatham - Moncure
High School: Chatham - Seaforth

Location Information
County Or Parish: Chatham
Directions: From Cary/Apex, US1 South to Old US1 Exit #84, left toward Apex, turn left on Rush Road at Williams Brothers Trucking, Turn left at about 500 feet (still a continuance of Rush Rd) on the gravel road. The property is about 1000 feet on the right
Latitude: 35.65431
Longitude: -78.991559
Postal Code: 27562

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 15.56 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1974
County: Chatham County
APN: 0005527

Home facts updated by county records on Jul 29, 2026

Other

Listing Date Information
Contract Status Change Date: 2023-11-16
Documents Change Timestamp: 2023-11-16T17:41:51Z
Photos Change Timestamp: 2023-11-25T23:45:14Z

Around this home

Schools

Moncure Elementary School

Public K-8 • Assigned • 5.1mi

5/10

Seaforth High

Public 9-12 • Assigned • 6.7mi

6/10

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

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

47% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

New Hill, NC • 27562

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 9 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$734,000 – $888,000

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Listing provided by Zillow

New listings for sale in 27562

NEW 17 HRS AGO

$850,000

5 beds4.5 baths3,789 sq ft

3545 Jordan Shires Dr, New Hill, NC 27562

VIDEO TOUR

$740,000

4 beds3.5 baths3,622 sq ft

2836 Landon Ridge Dr, New Hill, NC 27562

3D WALKTHROUGH

$215,000

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OPEN TODAY, 12PM TO 3PM

$875,000

4 beds3.5 baths3,352 sq ft

3720 Jordan Shires Dr, New Hill, NC 27562

Home values near 338 Rush Rd

Data from public records.

Address	Redfin Estimate
302 Rush Road, New Hill, NC 1 Beds \| 1 Baths \| 480 Sq. Ft.	$405,762
200 Masonry Lane, New Hill, NC 6 Beds \| - Baths \| 4816 Sq. Ft.	$1,986,361

Address	Redfin Estimate
6457 Old US 1 Highway, New Hill, NC 3 Beds \| - Baths \| 1680 Sq. Ft.	$441,101
6877 Old US 1 Highway, New Hill, NC 3 Beds \| - Baths \| 2668 Sq. Ft.	$1,153,946

Address	Redfin Estimate
7267 Old US 1 Highway, New Hill, NC 3 Beds \| - Baths \| 1839 Sq. Ft.	$1,087,195
6855 Old US 1 Highway, New Hill, NC 3 Beds \| 2.5 Baths \| 2668 Sq. Ft.	$557,457

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27562, NC

Sale history for 338 Rush Rd

Tax history for 338 Rush Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27562

Home values near 338 Rush Rd

More real estate resources