# 537 Old Newfound Road, Leicester, NC 28748

> **TL;DR:** 9bd/5ba residential multi family, $445,000, built 1991. Est. $1,928/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $445,000 |
| Bedrooms | 9 |
| Bathrooms | 5 full |
| Year Built | 1991 |
| Lot Size | 92,783 sqft (2.13 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,928 |
| **Total** | **$1,928** |

## Nearby Schools

- **Elementary:** Leicester/Eblen
- **Middle:** Clyde A Erwin
- **High:** Clyde A Erwin

## Property Highlights

- Built in 1991
- 2.13 acre lot

## Description

### Agent Description
Perfect opportunity for an investor to revive this existing park with one Double Wide and 3 older single-wide units with potentially additional spots. Double wide unit has its own separate well and 3 bedroom septic and well. The three Single wide units are on 9 bedroom septic. There are multiple wells on the property but the main well and system will need work. All units will need work, but the bones of the park are there and ready for your vision. Please do not disturb existing tenants.

## Location

- **Address:** 537 Old Newfound Road, Leicester, NC 28748
- **County:** Buncombe
- **Coordinates:** 35.62706821, -82.70502008
- **Google Maps:** https://www.google.com/maps?q=35.62706821,-82.70502008

## Listing Agent

- **Name:** Shawn Lynch
- **Brokerage:** RE/MAX Executive
- **Phone:** 8287725402
- **Email:** shawnlynchwnc@gmail.com

## Primary Photo

![537 Old Newfound Road - Primary Photo](http://lh.rdcpix.com/c389ac1bc5ecd2997af8ba33f81d33f4l-f1546662604r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/537-old-newfound-road-leicester-nc-28748-4363729)*

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**MLS#:** 4363729 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/537-old-newfound-road-leicester-nc-28748-4363729)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "537 Old Newfound Road, Leicester, NC 28748",
  "description": "Perfect opportunity for an investor to revive this existing park with one Double Wide and 3 older single-wide units with potentially additional spots. Double wide unit has its own separate well and 3 bedroom septic and well. The three Single wide units are on 9 bedroom septic. There are multiple wells on the property but the main well and system will need work. All units will need work, but the bones of the park are there and ready for your vision. Please do not disturb existing tenants.",
  "url": "https://www.propertysimple.com/listing/537-old-newfound-road-leicester-nc-28748-4363729",
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  "datePosted": "2026-06-17",
  "price": 445000,
  "priceCurrency": "USD",
  "address": {
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    "addressRegion": "NC",
    "postalCode": "28748",
    "addressCountry": "US"
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  "geo": {
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    "latitude": 35.62706821,
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  "numberOfBedrooms": 9,
  "numberOfBathroomsTotal": 5,
  "numberOfFullBathrooms": 5,
  "yearBuilt": 1991
}
```