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140 Joanda Farm Rd, Mooresboro, NC, 28114

5beds
5baths
4,075sqft
$2,490,000
$611price/sqft
$15,288/moest. monthly cost
$611,520/yrincome needed

About This Home

Set along the banks of the Broad River, this extraordinary 84.73-acre equestrian estate offers a rare opportunity to own one of the Southeast's premier horse farms. More than just a beautiful property, this is a fully operational equestrian facility where luxury country living and professional-grade infrastructure come together in an unforgettable setting. As you make your way down the private drive, rolling pastures, productive hay fields, and sweeping river views immediately set the tone. Nearly 85 acres of usable land provide endless possibilities, whether you're operating a premier training and boarding facility, expanding a breeding program, or creating the private family farm you've always envisioned. At the heart of the property is an impressive 29-stall barn designed for serious horsemen. Thoughtfully updated and exceptionally maintained, it features both indoor and outdoor riding arenas, multiple tack rooms, a heated and cooled wash room, a comfortable viewing room, round pen, trailer storage, and the infrastructure to support a thriving equestrian operation. A private two-bedroom apartment within the barn offers the perfect space for a trainer, farm manager, staff, or extended family to stay close to the horses. The residence overlooks the farm's picturesque landscape, with panoramic views stretching across lush pastures and open fields. After a day at the barn, unwind by the in-ground saltwater pool, enjoy a game on the private basketball court, or simply take in the peaceful beauty that surrounds you. Less than 25 minutes from Tryon International Equestrian Center and centrally located to Asheville, Charlotte, and Greenville-Spartanburg airports, the farm offers exceptional functionality. Approximately 28 acres are dedicated to productive hay fields, creating income potential, while nearly three-quarters of a mile of Broad River frontage adds both beauty and recreation to this remarkable property. Whether you're searching for a world-class equestrian facility, a luxury private family compound, or an investment in one of North Carolina's most desirable horse properties, this exceptional farm delivers a rare combination of scale, beauty, and capability that is seldom found and even more rarely offered. NO DRIVE BYS! PLEASE DO NOT DRIVE DOWN JOANDA FARM ROAD. Call for an appointment.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Harris Elementary SchoolGrades PK-56.9 mi
5/10
Chase Middle SchoolGrades 6-84.8 mi
6/10
Chase High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1992

Materials

  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bedrooms: 2

Features

  • Total Primary Heated Living Area: 2658
  • Flooring: Tile,Vinyl,Wood
  • Fireplace features: Living Room,Wood Burning Stove
  • Finished area below ground: 1,066
  • Finished area above ground: 1,592

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air,Heat Pump

Interior Area

  • Total structure area: 1,592
  • Total interior livable area: 4,075 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Basement

Property

Details

  • Parcel number: 1564230055 & 1564220397 & 1564130418
  • Zoning: SFR
  • Special condition: Standard
  • Horse amenities: Arena,Arena covered,Barn,Boarding Facilities,Equestrian Facilities,Hay Storage,Paddocks,Pasture,Riding Trail,Round Pen,Shaving Bin,Stable(s),Tack Room,Trailer Storage,Wash Rack

Features

  • Levels: One
  • Stories: 1
  • Pool features: Fenced,In Ground,Salt Water
  • Patio & porch: Covered,Front Porch
  • Exterior features: Tennis Court(s)
  • Fencing: Electric,Partial,Wood
  • On waterfront: Yes
  • Waterfront features: None,River Front
  • Waterbody name: Broad River

Lot

  • Lot size: 84.73 Acres
  • Features: Crops,Pasture

Parking

  • Parking features: Circular Driveway,Driveway,Parking Lot,Parking Space(s),RV Access/Parking
  • 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 WindVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Ice Storm
Lightning
Cold Wave
Hail
Inland Flooding
Tornado

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 $12,590$151,080
Home Insurance *$1,238$14,856
Property Taxes $1,081$12,972
Electricity $379$4,554
Total$15,288$183,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$524,160/yr
40% on housing$458,640/yr
45% on housing$407,680/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

$611This listing

vs Other Active Listings

Avg $/sqft

ZIP 28114$130
Rutherford County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 28114$145
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)

Price History

DateEventPrice
2026-06-25Listed for sale$2,490,000
2021-12-07Sold$1,024,000
2021-11-18Contingent$1,295,000
2021-10-10Price change$1,295,000
2021-09-25Listed for sale$1,450,000
2021-09-25Listing removed--
2021-07-13Contingent$1,450,000
2021-06-24Listed for sale$1,450,000
2021-06-22Listing removed--
2021-06-21Listed for sale$1,500,000
2021-06-14Listing removed--
2021-05-21Listed for sale$1,500,000

For Sale by Agent

AgentIvette Drumgool
BrokerageHoward Hanna Beverly-Hanks

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