APPRAISED FOR ASKING PRICE. Appraisal attached under documents. The property is back on the market, with no fault of the Seller. The previous Buyers gave no reasons for terminating. This home presents an amazing opportunity for everyone—experienced investors, DIY enthusiasts, or those seeking a meaningful project. It boasts a prime location, unique charm, and endless possibilities. With a touch of creativity, you can transform this hidden gem into a stunning masterpiece. Set on a beautiful knoll, the property offers 1.95 acres of fully usable land, inviting your vision to come to life. The spacious floor plan features a bright, airy living area, a charming traditional dining room, and a kitchen just waiting for modernization. The expansive living room, bathed in natural light, sets a perfect atmosphere for relaxation and gatherings. Step outside to a large backyard, a haven for gardeners, complete with a flourishing apple orchard. This outdoor space is a blank canvas—ideal for cultivating a garden, developing a homestead, hosting entertaining soirées, or even adding a garage or workshop for your hobbies. With its ideal location just minutes from the Watauga River and Laurel Creek Falls, you can easily immerse yourself in the breathtaking beauty of the High Country. Just 15 minutes from Boone and 20 minutes from the stunning Watauga Lake, this property serves as an exceptional mountain retreat. Thoughtful updates can turn this house into a modern gem that not only becomes a beautiful home but also a lucrative investment opportunity. Whether you aim to flip the property for profit or build a strong rental portfolio, the potential is truly limitless. Seize this moment to bring your tools, vision, and creativity—this remarkable opportunity awaits you!
Single-familyProperty Type
1950Year Built
1.95 acresLot Size
$300Est. Price/Sq.Ft.
Listed by Dusty Washburn• Howard Hanna Allen Tate Real Estate Blowing Rock
Contact: (828) 295-7337
Bought with Megan Hollaway• Call it Closed International Realty
Great little one story home with views, pasture and outbuildings. Newer laminate flooring throughout. Floor plan could be altered to possibly provide 2 bedrooms. As built, you have to walk through a bedroom to get to another. Large sunny living room. Dining room with built-ins and adjacent kitchen. Selling AS-IS.
Year
Property tax
Land + Additions
Assessment*
2025
$650 (+1.9%)
$44,900 + $100,500
$145,400
2024
$638
$44,900 + $100,500
$145,400
2023
$638 (+3.7%)
$44,900 + $100,500
$145,400
2022
$615 (+39.2%)
$44,900 + $100,500
$145,400
2021
$442
$24,300 + $55,600
$79,900
2020
$442
$24,300 + $55,600
$79,900
2019
$442 (+9.9%)
$24,300 + $55,600
$79,900
2018
$402
$24,300 + $55,600
$79,900
2017
$402 (+8.6%)
$24,300 + $55,600
$79,900
2016
$370
$24,300 + $55,600
$79,900
2015
$370
$24,300 + $55,600
$79,900
2014
$370
$24,300 + $55,600
$79,900
Tax history for 362 Rush Branch Rd
Year
Property tax
Land + Additions
Assessment*
2025
$650 (+1.9%)
$44,900 + $100,500
$145,400
2024
$638
$44,900 + $100,500
$145,400
2023
$638 (+3.7%)
$44,900 + $100,500
$145,400
2022
$615 (+39.2%)
$44,900 + $100,500
$145,400
2021
$442
$24,300 + $55,600
$79,900
2020
$442
$24,300 + $55,600
$79,900
2019
$442 (+9.9%)
$24,300 + $55,600
$79,900
2018
$402
$24,300 + $55,600
$79,900
2017
$402 (+8.6%)
$24,300 + $55,600
$79,900
2016
$370
$24,300 + $55,600
$79,900
2015
$370
$24,300 + $55,600
$79,900
2014
$370
$24,300 + $55,600
$79,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.95 Acres
Year renovated
—
Sq. Ft.
1,068
Year built
1950
Style
Single Family Residential
County
Watauga County
APN
1962148011000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, Driveway, No Garage, Private
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Cooling: None
Has Heating
Heating: Baseboard, Electric, Fireplace(s), Space Heater, Wall Furnace
Interior Features
Interior Features: High Speed Internet
Window Features: Wood Frames
Appliances: Electric Water Heater
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Free Standing, Gas, Propane
Room Information
Laundry Features: Washer Hookup, Main Level
Basement Details: Crawl Space
Exterior
Exterior Features
Patio And Porch Features: Covered
Roof: Asphalt, Shingle
Building Information
Above Grade Finished Area: 1,056
Levels: One
# of Stories Total: 1
Construction Materials: Stucco
Property Features
Has View
Other Structures: Outbuilding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size : 1.95
Lot Size Area: 1.95
Lot Size Units: Acres
Lot Size Acres: 1.95
Zoning Description: R1,Residential
Financial
Tax Information
Tax Annual Amount: $462
Utilities
Utility Information
Water Source: Shared Well
Location
Schools Information
Elementary School: Bethel
High School: Watauga
Location Information
Subdivision Name: None
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,068
Stories: 1.0
Lot Size: 1.95 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Watauga County
APN: 1962148011000
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: HighCountryAssociationOfRealtorsInc
AttributionContact: (828) 295-7337
Around this home
Schools
Bethel Elementary
Public PreK-8 • Assigned • 2.7mi
5/10
Watauga High
Public 9-12 • Assigned • 11.0mi
8/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
8 days above 90° expected this year, 23 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, 2 days in 30 years
Provided by First Street
Historical weather
Sugar Grove, NC • 28679
Average low and high temperatures (°F)
39
24
49
32
61
41
68
50
70
53
78
62
82
67
75
62
73
58
66
47
56
41
47
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.
8.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$302,000 – $365,000
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