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  • Price cut: $150K (5/13)
    $1,200,000

    99 Margaret Dr, Leicester, NC 28748

    5beds
    4,055sqft
    : 
    $6,659/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    97.14 Acres Lot
    $-- Zestimate®
    $296/sqft
    $-- HOA

    What's special

    Gated entrancePanoramic mountain vistasPrivate saunaHot tubSweeping viewsInviting interiorsSpacious fire pit
    Escape to your own private mountain sanctuary, where peaceful seclusion and outdoor adventure exist in perfect balance. Sweeping views and inviting interiors set the stage for a remarkable retreat that pairs elevated comfort with the untamed beauty of the surrounding landscape. It’s perfectly suited for family gatherings, group retreats, or memorable getaways with friends. Set on more than 90 pristine acres, this fully furnished, turnkey estate showcases panoramic mountain vistas and expansive living areas designed for both connection and quiet reflection. Dual kitchens on separate levels provide exceptional flexibility for entertaining, extended visits, or multi-generational living arrangements. From the suite’s private entrance, step directly onto the deck and take in breathtaking mountain views—an idyllic setting for slow mornings with coffee or tranquil evenings at sunset. Enjoy uninterrupted access to nature while remaining wrapped in the comfort and charm of your mountain escape. The lower level opens to a welcoming backyard that mirrors the spectacular views found above. Ideal for recreation or relaxation, this outdoor space invites everything from lively gatherings to peaceful moments of rest. A spacious fire pit, offers the perfect place to unwind beneath a canopy of stars while gazing out over the majestic mountain range. After a day exploring your expansive acreage, retreat to the private sauna for a restorative escape. Just steps away, the hot tub awaits—an inviting place to soak in warm, bubbling waters as the cool mountain air and night sky surround you. Thoughtfully cared for and previously operated as a successful vacation rental, the home blends comfort, versatility, and opportunity—whether you’re seeking a personal mountain sanctuary, an income-producing property, or a legacy estate to share for generations. A rare offering defined by privacy, acreage, and flexibility in an extraordinary setting. Please do not enter or drive by without an appointment. Gated entrance.
    155 days
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    832
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    47
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cami Silver cami@pattonallenre.com,

    Patton Allen Real Estate LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4344574MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Basement
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom half
      • Level: Main
      Bathroom full
      • Level: Basement
      Other
      • Level: Basement
      Other
      • Level: Basement
      Bonus room
      • Level: Basement
      Dining area
      • Level: Main
      Family room
      • Level: Basement
      Flex space
      • Level: Basement
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Play room
      • Level: Basement
      Heating
      • Central, Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air, Heat Pump
      Appliances
      • Included: Convection Oven, Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
      • Laundry: Laundry Room, Main Level
      Features
      • Breakfast Bar, Soaking Tub, Kitchen Island, Storage, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Basement: Daylight,Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access
      • Attic: Pull Down Stairs
      • Fireplace features: Family Room, Gas, Gas Log
      Interior area
      • Total structure area: 2,151
      • Total interior livable area: 4,055 sqft
      • Finished area above ground: 2,151
      • Finished area below ground: 1,904

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Garage on Main Level
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Front Porch, Porch, Rear Porch, Side Porch
      • Exterior features: Fire Pit
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Long Range, Mountain(s), Winter, Year Round
      Lot
      • Size: 97.14 Acres
      • Features: Private, Wooded, Views
      Details
      • Additional parcels included: 877060102300000,877050677700000,877060298000000,877061534000000,877062903300000,877070466500000
      • Parcel number: 877080031600000
      • Zoning: OU
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Hardboard Siding
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Propane, Satellite Internet Available, Wired Internet Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Wild Turkey Cove
      Location
      • Region: Leicester
      • Elevation: 2500 Feet

      Financial & listing details

      • Price per square foot: $296/sqft
      • Tax assessed value: $636,900
      • Annual tax amount: $4,583
      • Date on market: 2/25/2026
      • Cumulative days on market: 330 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/13/2026Price change$1,200,000-11.1%$296/sqft
        Source: Canopy MLS as distributed by MLS GRID #4344574 Report a problem
        2/25/2026Listed for sale$1,350,000-1.8%$333/sqft
        Source: Canopy MLS as distributed by MLS GRID #4344574 Report a problem
        1/19/2026Listing removed$1,375,000$339/sqft
        Source: Canopy MLS as distributed by MLS GRID #4286012 Report a problem
        7/28/2025Listed for sale$1,375,000+266.7%$339/sqft
        Source: Canopy MLS as distributed by MLS GRID #4286012 Report a problem
        1/11/2022Sold$375,000-28.6%$92/sqft
        Source: Canopy MLS as distributed by MLS GRID #3747902 Report a problem
        12/15/2021Contingent$525,000$129/sqft
        Source: Canopy MLS as distributed by MLS GRID #3747902 Report a problem
        12/13/2021Price change$525,000-12.5%$129/sqft
        Source: Canopy MLS as distributed by MLS GRID #3747902 Report a problem
        12/7/2021Listed for sale$600,000+20%$148/sqft
        Source: Canopy MLS as distributed by MLS GRID #3747902 Report a problem
        9/17/2011Listing removed$500,000$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        2/24/2011Price change$500,000-58.2%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        1/17/2011Price change$1,195,000+139%$295/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        1/16/2011Price change$500,000-58.2%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        1/9/2011Price change$1,195,000+139%$295/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        1/7/2011Price change$500,000-58.2%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        12/17/2010Price change$1,195,000+139%$295/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        12/14/2010Price change$500,000-58.2%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        10/2/2010Price change$1,195,000+139%$295/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        10/1/2010Price change$500,000-58.2%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        9/25/2010Price change$1,195,000+139%$295/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        9/23/2010Listed for sale$500,000-13%$123/sqft
        Source: Keller Williams Professionals #474839 Report a problem
        12/31/2008Listing removed$575,000$142/sqft
        Source: Listhub #374477 Report a problem
        12/24/2008Price change$575,000-61.6%$142/sqft
        Source: Listhub #374477 Report a problem
        11/24/2008Price change$1,499,000+160.7%$370/sqft
        Source: Listhub #374477 Report a problem
        11/23/2008Price change$575,000-17.7%$142/sqft
        Source: Listhub #374477 Report a problem
        11/20/2008Price change$699,000-53.4%$172/sqft
        Source: Listhub #374477 Report a problem
        10/30/2008Listed for sale$1,499,000+223.8%$370/sqft
        Source: Listhub #374477 Report a problem
        6/25/2002Sold$463,000+46200%$114/sqft
        Source: Public Record Report a problem
        5/21/1998Sold$1,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,583 +9.4%$636,900
        2024$4,190 +3.1%$636,900
        2023$4,065 +7.7%$636,900 +6%
        2022$3,776 $601,000
        2021$3,776 +3.6%$601,000 +10.3%
        2020$3,645 $544,900
        2019$3,645 $544,900
        2018$3,645 $544,900 +18.8%
        2017$3,645 -1.5%$458,500
        2016$3,700 +8.5%$458,500
        2015$3,411 +4.2%$458,500
        2014$3,274 $458,500
        2013-- $458,500 +1.8%
        2012-- $450,500
        2011-- $450,500
        2010-- $450,500
        2009-- $450,500
        2007-- $450,500 +225150%
        2001-- $200
        2000-- $200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28748

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Leicester/Eblen
        • Middle: Clyde A Erwin
        • High: Clyde A Erwin

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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