For sale

Price increase: $25.5K (8/2)

$524,500

490 and 494 Cranberry Street, Newland, NC 28657

4beds

2,130sqft

N/A

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Single Family Residence

Built in 1928

0.42 Acres Lot

$-- Zestimate^®

$246/sqft

$-- HOA

What's special

Metal roofHybrid hvacAll new kitchen

Twofer!!! Options!!! Two parcels, a recently renovated classic Craftsman house (#490), PLUS a separate ADU/cottage (#494). Both properties underwent extensive renovations in 2023 which included metal roof, Hybrid HVAC, all new kitchen, bathrooms, finishing of the front enclosed porch and more for the house. The cottage was a complete interior rebuild. The flat yard is completely fenced for Dogs and Kids. *** The parking and entrance are around the corner off of Sam Ray St.***. Walk to the courthouse square via Park Street. The location on Cranberry St means you wont' need to worry about getting snowed in because the road is state maintained and always well cleared. Most town services, ie EMS, Fire, are just across the street. Cannon hospital less than 15 minutes away. The fully furnished one bedroom cottage currently rents for $1,400 per month But it could be office or other commercial use when the current lease expires. There are no use restrictions. Broker interest.

57 days

176

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Electric, Forced Air, Fireplace(s), Gas, Heat Pump

Cooling

1 Unit

Appliances

Included: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal
Laundry: Main Level

Features

Pull Down Attic Stairs
Windows: Double Hung, Vinyl
Basement: Crawl Space,Exterior Entry
Attic: Pull Down Stairs
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,530
Total interior livable area: 2,130 sqft
Finished area above ground: 2,130
Finished area below ground: 0

Property

Parking

Parking features: Asphalt, Driveway, Gravel, No Garage, Private
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Open
Exterior features: Gravel Driveway

Lot

Size: 0.42 Acres

Details

Parcel number: 18361444778400000
Zoning description: Business/Comm,Central Business

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman
Property subtype: Single Family Residence

Materials

Aluminum Siding, Shake Siding, Vinyl Siding, Wood Frame
Roof: Metal

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: High Speed Internet Available

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Newland

Financial & listing details

Price per square foot: $246/sqft
Annual tax amount: $995
Date on market: 5/22/2026
Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/2/2026	Price change	$524,500+5.1%$246/sqft
Source: High Country AOR #262145 Report a problem
6/15/2026	Listed for sale	$499,000$234/sqft
Source: High Country AOR #262145 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28657

Getting around

44 / 100

Car-Dependent

19 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Newland Elementary School
Grades: PK-5Distance: 0.7 mi
2/10
Avery Middle
Grades: 6-8Distance: 1.8 mi
3/10
Avery County High School
Grades: 9-12Distance: 1.7 mi

Schools provided by the listing agent

Elementary: Newland
Middle: Avery
High: Avery County

Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.