Mobile Home Park With Four
For Sale
$445,000
537 Old Newfound Road, Leicester, NC 28748
Residential Income, Leicester, NC
Property SizeContact for details
Lot Size2.13 Acres
Days on Market153
Property Features for 537 Old Newfound Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
OU
Zoning description
OU
Bedrooms
9
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 9, Bedroom 5, Bathroom 4, Bathroom 2, Bedroom 8, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 6
Parking features
Driveway
Pets allowed
Yes
Elementary school
Leicester/Eblen
Middle school
Clyde A Erwin
High school
Clyde A Erwin
Directions
From Asheville take New Leicester Hwy to a left on Newfound Road then a right on Old Newfound Road. Travel about a quarter mile and the property will be on the left.
Standard status
Active
APN
8790-93-2639-00000
Lot size
2.13 Acres
Taxes and HOA fees
Tax Description
DEED DATE:01/03/2019 DEED:5733-0986 PLAT:0170-0118
Legal Description
DEED DATE:01/03/2019 DEED:5733-0986 PLAT:0170-0118
Utilities
Heating system
Heat Pump (Heating)
Water source
Well
Building Details
Year built
1991
Number of units
4
Building materials
Metal, Vinyl
Roof type
Shingle
Listing Agency:
RE/MAX Executive · RE/MAX International
(828) 670-1500
Listed By:
Shawn Lynch · License #269212
(828) 772-5402
Added: Apr 2
Changed: Sep 1
Last Checked: Sep 1 at 9:06PM
MLS# 4363729
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mobile home park occupies 2.13 acres and includes four existing units: one double-wide and three single-wide homes. The double-wide is supported by a separate well and a 3-bedroom septic system, while the three single-wide units connect to a 9-bedroom septic system. Multiple wells serve the property, although the primary well and associated system require work. The homes and park infrastructure also need repairs and renovation.
Built in 1991, the property has metal and vinyl construction, shingle roofing, heat-pump heating, and driveway parking. It is located at 537 Old Newfound Road in Leicester, NC, within Buncombe County, and carries OU zoning. Existing tenants are present on the property.
Built in 1991, the property has metal and vinyl construction, shingle roofing, heat-pump heating, and driveway parking. It is located at 537 Old Newfound Road in Leicester, NC, within Buncombe County, and carries OU zoning. Existing tenants are present on the property.
Key Highlights
- 2.13‑acre mobile home park with one double‑wide and three single‑wide units
- Separate well and 3‑bedroom septic system serve the double‑wide
- Three single‑wide units connect to a 9‑bedroom septic system
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 28748, NC
13,030
Population
4,908
Households
2.7
Avg Household Size
44
Median Age
23%
College-Educated
86%
High-School Grad
92.1 sq mi
ZIP Area
141
Density / Sq Mi
$65,269
Median Household Income
$35,919
Median Earnings
$1,078
Median Rent
$298,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Existing park with manufactured homes, private wells, septic systems, and driveway parking on a rural North Carolina property.
Where is this mobile home & rv park located?
The property is located at 537 Old Newfound Road Leicester, NC.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2.13‑acre mobile home park with one double‑wide and three single‑wide units; Separate well and 3‑bedroom septic system serve the double‑wide; Three single‑wide units connect to a 9‑bedroom septic system
