Step back in time with this rare pre-1900 cabin—believed to be the area’s very first home—set on a full acre of flat, cleared land with a beautiful creek and natural spring. This 2-bed, 1-bath property is rich with character and ready for someone to bring new life to its historic bones. The cozy wood stove serves as the primary heat source, adding to the home’s timeless appeal. Enjoy a lovely, peaceful setting with room to garden, expand, or simply appreciate the open space around you. A truly special opportunity for those who love history, rustic charm, and the chance to make a little piece of the past their own. Acre is zoned open use for residential only, buyer to confirm if it would be able to be subdivided.
Closed
$185,000
1 Mustang Dr, Leicester, NC 28748
2beds
--sqft
Single Family Residence
Built in 1900
1.19 Acres Lot
$182,800 Zestimate®
$--/sqft
$1,528 Estimated rent
Home value
$182,800
$166,000 - $201,000
$1,528/mo
Zestimate® history
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List your homeWhat's special
Rustic charmLovely peaceful settingRich with characterCozy wood stove
Zillow last checked:
Listing updated:
Listed by:
Claire Stanhope claire@townandmountain.com,
Town and Mountain Realty
Bought with:
Lisa Jackson
Asheville Realty Group
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4327824
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Wood Stove
Cooling
- None
Appliances
- Included: Electric Range, Oven, Refrigerator
- Laundry: None
Features
- Flooring: Tile, Wood
- Has basement: No
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- On waterfront: Yes
- Waterfront features: None, Creek, Creek/Stream
Lot
- Size: 1.19 Acres
- Features: Cleared, Corner Lot, Orchard(s), Green Area, Level, Open Lot, Pasture
Details
- Parcel number: 971215420000000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
- Roof: Aluminum
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Installed
- Water: Shared Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $10 monthly
Location
- Region: Leicester
Financial & listing details
- Tax assessed value: $71,700
- Annual tax amount: $555
- Date on market: 12/9/2025
- Cumulative days on market: 106 days
- Listing terms: Cash,Owner Financing
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $185,000-7% |
Source:  Canopy MLS as distributed by MLS GRID #4327824 Report a problem | ||
| 12/9/2025 | Listed for sale | $199,000+37.2% |
Source: Canopy MLS as distributed by MLS GRID #4327824 Report a problem | ||
| 8/30/2021 | Sold | $145,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $555 +4.6% | $71,700 |
| 2024 | $530 +2.7% | $71,700 |
| 2023 | $516 +9.1% | $71,700 |
| 2022 | $473 | $71,700 |
| 2021 | $473 +204.9% | $71,700 +223% |
| 2020 | $155 | $22,200 |
| 2019 | $155 | $22,200 |
| 2018 | $155 +2.9% | $22,200 |
| 2017 | $151 | $22,200 |
| 2016 | $151 -8.7% | $22,200 |
| 2015 | $165 | $22,200 |
| 2014 | $165 | $22,200 |
| 2013 | -- | $22,200 -21.8% |
| 2012 | -- | $28,400 |
| 2011 | -- | $28,400 |
| 2010 | -- | $28,400 |
| 2009 | -- | $28,400 |
Find assessor info on the county website
Neighborhood: 28748
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10North Buncombe ElementaryGrades: PK-4Distance: 6.9 mi
- 9/10North Buncombe MiddleGrades: 7-8Distance: 6.4 mi
- 6/10North Buncombe HighGrades: PK,9-12Distance: 7.1 mi
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$182,800
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- North Carolina
- Buncombe County
- Leicester
- 28748
- 1 Mustang Dr
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