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About This Home

This 0-bedroom, 3-bathroom single family at 1318 Ostwalt Amity Road in Cleveland, NC is listed for $750,000. Built in 1920, on a 5.27 acres lot.

Agent Description

A rare opportunity to breathe new life into a piece of local history. With its size, history, and flexible zoning, this is a truly one-of-a-kind offering in today's market. Situated on more than 5 fully fenced acres in northern Iredell County, this former schoolhouse offers nearly 22,000 square feet of character, scale, and untapped potential.

Opportunities like this rarely come available - and for the right buyer, the possibilities are truly extraordinary. The original main building features approximately 7,900 square feet of heated and cooled space, highlighted by 12-foot ceilings, grand archways, and beautifully preserved maple hardwood floors that reflect the craftsmanship of another era.

The roof covering this portion, along with the attached gymnasium/auditorium, was replaced approximately seven years ago. Beyond the main structure, an additional 14,000 square feet of masonry and steel construction provides a substantial and durable footprint ready for restoration, redevelopment, or adaptive reuse.

While portions will require roof replacement and improvements, the underlying structure offers a strong and compelling foundation for transformation. The grounds are fully fenced with two large access gates, offering both privacy and flexibility for a wide range of future uses.

Zoned Residential Agricultural (RA), the possibilities are expansive and may include: Bed & breakfast or retreat center Wedding or event venue Church or private school Daycare or community center Agricultural or residential development Cluster subdivision or mobile home park For developers, investors, entrepreneurs, or creatives with vision, this is a blank canvas with history, scale, and exceptional potential. Bring your imagination - and write the next chapter of this remarkable property.

Key Features

  • Built in 1920
  • 5.27 acre lot

Property Details

3 full
1920

Amenities

RV Parking

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

1318 Ostwalt Amity Road

Cleveland, NC 27013

Property Details

Flooring

Wood

Construction

Brick Full

Parking

RVGarage - DetachedDriveway

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

Electric OvenElectric RangeElectric Water HeaterRefrigeratorWasher/Dryer

Questions & Answers

This 0-bedroom, 3-bathroom single family at 1318 Ostwalt Amity Road is listed at $750,000. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 5.27 acre lot.

This property is listed by Elisha Scott and can be reached at 7049968234 or escott@northgroupre.com.

ES

Elisha Scott

Agent at NorthGroup Real Estate LLC

(704) 996-8234

Listed by NorthGroup Real Estate LLC

MLS# 4364767· Source: listhub· Updated 41 days ago

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.

1318 Ostwalt Amity Road, Cleveland, NC 27013

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