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OFF-MARKET
Specialty properties

3651 Nc-10 Hwy Newton, NC 28658

2,744 SF 20.5 ac lot Built 1890
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire Oakwood Farms, a unique 20.5-acre property in Newton, NC. This meticulously preserved historic dairy farm, operating for nearly a century, now thrives as a picturesque wedding venue. The property boasts 18 buildings, including a charming log church featuring stained-glass windows, a dairy barn, an outdoor wedding venue overlooking a pond, a reception/kitchen area, an original ice cream store, a caretaker's cottage, and additional log homes. The main residence is a 1960s log cabin. Mature landscaping, giant oak trees, and breathtaking views enhance the property's idyllic setting. Included in the sale is a 66.18-acre adjacent wildlife conservancy tract bordering the South Fork River. The property totals 2,744 square feet and is zoned 321 ED(I). Built between 1890 and 1960, it underwent renovations in 2012. An additional 36.4 acres are available for purchase, potentially expanding the total acreage to 123 acres. The asking price is $1,950,000, representing a price per square foot of $710.64. This fee-simple ownership opportunity presents a rare chance to own a piece of Catawba County history. The property's APN is 361919507827.

Property profile
Verified
Property type Specialty properties
Year built 1890
Total area 2,744 SF
Lot 20.5 ac (892,980 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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