About this home

Back on the market due to buyer financing! Investment opportunity in Leicester with nearly 2 acres, an existing home with renovation potential, and two additional potential building lots. Originally built across four lots, this property offers possibilities for investors, builders, or buyers looking to create long-term value. The two rear lots, each approximately one-half acre, offer potential for separate development with access from the road behind the property, allowing for access independent of the existing driveway. Buyer to verify buildability, access, utilities, septic suitability, and subdivision requirements. Lovingly maintained by the same family for 38 years, the 3-bedroom, 2-bath home provides a solid starting point for your vision, with hardwood floors, a generous living room, dining area, spacious kitchen, and adjoining family room. A newer roof and windows offer a head start on future improvements. The lower level includes a two-car garage, game room, and abundant storage, while a detached two-car garage and storage shed add flexibility for a workshop, hobbies, or equipment. Established flower gardens, a patio, and a fish pond enhance the setting. Explore renovating for resale, holding the home as a rental, or pursuing additional construction-the opportunity extends beyond the existing home.

Facts and features

Schools

• Leicester Elementary

  elementary · K-4 · 1.1 mi

  5

• Clyde A Erwin Middle School

  middle · 7-8 · 6.3 mi

  6

• Clyde A Erwin High

  high · 9-12 · 6.4 mi

  2

• Eblen Intermediate School

  elementary · 5-6 · 6.7 mi

  2

• West Buncombe Elementary

  elementary · K-4 · 6.6 mi

  10

• Enka Middle

  middle · 7-8 · 8.5 mi

  6

Price history

• Nov 4, 2026 · Price Changed$395,000
• Aug 3, 2026 · Price Changed$415,000
• Jul 3, 2026 · Listed$435,000
• Jul 14, 1989 · Sold$66,000

Tax history

• 2025$1,561 tax · $227,300 assessed
• 2024$1,495 tax · $227,300 assessed
• 2023$1,450 tax · $227,300 assessed
• 2022$1,428 tax · $227,300 assessed
• 2021$1,428 tax · $227,300 assessed
• 2020$1,212 tax · $181,300 assessed
• 2019$1,212 tax · $181,300 assessed
• 2018$1,212 tax · $181,300 assessed

Home value

$404,122

• Quantarium$404,122
• Collateral Analytics$411,000
• Cotality$399,300

Where it is