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517 Cub Creek Rd, Ellenboro, NC, 28040

8beds
10baths
4,826sqft
$1,750,000
$363price/sqft
$10,551/moest. monthly cost
$422,040/yrincome needed

About This Home

Cub Creek Preserve is a rare ridge-top estate offering approximately 95 acres of privacy, scale, and long-range panoramic views. Set high along a scenic ridge, the property creates an immediate sense of retreat while offering substantial existing infrastructure for residential, agricultural, recreational, hospitality, or mission-driven use. The land features a compelling mix of open grass-fenced pastures, equestrian and livestock improvements, usable acreage, and elevated view corridors that make the setting feel both expansive and highly private. At the heart of the property are extensive residential accommodations designed to support gatherings, extended stays, and flexible occupancy. The improvements include 8 guest bedrooms, 10 bathrooms, multiple meeting rooms, an exercise gym, a fire suppression system, full-house standby generator, and multiple wells. This combination of lodging capacity, meeting space, wellness-oriented amenities, and essential systems gives the property immediate functionality while preserving significant long-term upside for the next owner. Outdoor improvements further distinguish Cub Creek Preserve. Grass-fenced pastures, a horse barn, livestock shelters, and a cross-country agility course provide a strong foundation for equestrian use, animal care, training, recreation, or event-style programming. The property’s acreage and topography offer room to roam, ride, gather, and enjoy the natural surroundings, while the ridge-top position delivers memorable views and a true destination feel. The versatility of Cub Creek Preserve is one of its strongest attributes. Potential uses may include a private retreat, wellness or meditation destination, adult or teen camp concept, agility or performance training facility, equestrian-focused venue, group lodging property, or legacy estate holding. With infrastructure already in place for lodging, gatherings, agricultural use, and recreation, the property offers a head start for buyers seeking more than a conventional residence. Cub Creek Preserve is ideal for those looking for acreage with purpose, privacy with usability, and improvements that support both personal enjoyment and broader vision. Properties of this scale, with this level of infrastructure and ridge-top setting, are increasingly difficult to find. Potential uses are subject to buyer verification and all applicable local approvals.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
3/10
5/10
East Rutherford High SchoolGrades 9-1210.6 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Basement
  • Roof: Composition
  • Construction materials: Brick Veneer,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Transitional
  • Property subType: Mixed Use,Residential

Interior

Appliances

  • Appliances included: Other,Electric Water Heater
  • Laundry features: 1st Floor,Walk-in,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Interior Entry

Bedroom2

  • Area: 210

Bedroom3

  • Area: 255

Bedroom4

  • Area: 196

Bedroom5

  • Area: 165

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 10
  • Full bathrooms: 10
  • Main level bathrooms: 5
  • Main level bedrooms: 3

Bonus Room

  • Area: 735

Dining Room

  • Area: 494

Family Room

  • Area: 420

Features

  • Other
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Screen
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,826 sqft

Kitchen

  • Area: 266

Master Bathroom

  • Features: Other

Master Bedroom

  • Area: 238

Property

Details

  • Parcel number: 1652726
  • Other equipment: Generator
  • Horse amenities: 5-8 Stalls,Arena,Barn,Fenced,Pasture,Riding Trail

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Screened
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: River
  • Horses can be raised: Yes
  • Living area range: 4800-4999

Lot

  • Lot size: 96.01 Acres
  • Features: Pasture,Sloped,Wooded,50 - 100 Acres
  • Lot size dimensions: 96

Parking

  • Parking features: See Remarks,Driveway,Circular Driveway,Paved,Asphalt
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Ice Storm
Lightning

FEMA Declared Disasters in Rutherford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$722$8,664
Property Taxes $532$6,384
Electricity $449$5,393
Total$10,551$126,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$361,748/yr
40% on housing$316,530/yr
45% on housing$281,360/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.5%
8.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$363This listing

vs Other Active Listings

Avg $/sqft

ZIP 28040$149
Rutherford County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 28040$164
Rutherford County$196

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-17Listed for sale$1,750,000
2018-07-26Sold$1,275,000
2015-12-01Listing removed$870,000
2015-03-05Listed for sale$870,000
2005-09-23Sold$800,000

For Sale by Agent

AgentRonald Piccari
BrokerageColdwell Banker Advantage

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