About this home

Estate sale opportunity in Locust with no HOA! Situated on a private 1.84-acre unrestricted lot with a large carport, plenty of additional parking, a large outbuilding, and a roof replaced in 2020, this ranch home offers immense potential for investors or buyers ready to bring their vision. To expand your private retreat even further, two additional connecting lots are available for purchase separately: Parcel ID 557603419924 (1.44 acres) and Parcel ID 557603416674 (1.56 acres), bringing the total combined potential to just under 5 acres, MLS # 4435835. Inside, the home features a functional open floor plan with a spacious living room centered around a fireplace (note: the main fireplace flue has been sealed off), a connecting dining room, and a bright, relaxing sunroom that offers wonderful views of the private backyard. The kitchen is equipped with tons of cabinets, storage space, and an eat-up breakfast bar, with stainless steel appliances that convey including the refrigerator, microwave, range, and dishwasher. The main level currently features 2 bedrooms, 1 full bathroom, and 1 half bathroom, with the 3rd original bedroom currently utilized as a laundry room that can easily be converted back. Utility features include city water connection, a septic system (with the option to hook up to city sewer for additional fees), and an on-site well that is currently used to water the garden. Please note that the home is sold strictly AS-IS, WHERE-IS with no repairs by the seller. The property needs TLC, including addressing foundation issues, moisture, and fungal growth in the basement, as well as some fungal growth in a few areas on the main floor. An official report from Foundation Drs is available and can be shared with seriously interested parties. The spacious basement holds incredible potential for additional finished space once the structural and moisture concerns are properly handled. Located just moments from all the quaint local shops and restaurants of Locust, this property combines quiet country freedom with everyday convenience.

Facts and features

Schools

• Locust Elementary School

  elementary · K-5 · 1.6 mi

  9

• West Stanly Middle School

  middle · 6-8 · 2.4 mi

  7

• West Stanly High School

  high · 9-12 · 4.6 mi

  6

• Carolina Christian School

  elementary · K-12 · 2.5 mi

• Carolina Christian School

  elementary · 1-12 · 2.5 mi

• Stanfield Elementary School

  elementary · K-5 · 3.8 mi

  6

Price history

• Oct 19, 2026 · Listed$350,000
• Nov 19, 2019 · Listing Removed—
• Jul 17, 2019 · Price Changed$300,000
• Jan 16, 2019 · Listed$375,000
• Mar 1, 2015 · Listing Removed$485,000
• Feb 11, 2014 · Relisted$485,000
• Feb 8, 2014 · Listing Removed$485,000
• Jan 31, 2014 · Listed$485,000

Tax history

• 2026$1,304 tax · $257,392 assessed
• 2025$1,304 tax · $257,392 assessed
• 2023$943 tax · $151,024 assessed
• 2022$935 tax · $151,024 assessed
• 2021$927 tax · $151,024 assessed
• 2020$776 tax · $117,654 assessed
• 2019$784 tax · $117,654 assessed
• 2018$1,434 tax · $117,654 assessed

Home value

$302,700

• Cotality$302,700
• Quantarium$349,002
• Collateral Analytics$278,000

Where it is