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2752 Old Highway 221 S, Marion, NC, 28752

5beds
3baths
3,776sqft
$779,900
$207price/sqft
$4,909/moest. monthly cost
$196,360/yrincome needed

About This Home

Very Unique property with an income contract in place through the year 2080.One of a kind opportunity to have a house and acreage as well as monthly income deeded from a cell tower with the property. 5 bedrooms, 2 bathrooms and a large living area on the main level with hardwood floors and a beautiful rock fireplace with a fireplace insert. A basement with a kitchen, full bathroom, 2 more bedrooms and a living area with a wood stove. An attached garage, another detached garage workshop with power, a covered front porch and wooded privacy are many of the amenities this property has to offer. Included in the agreement with the cell tower lease is a road maintenance agreement for the driveway. Approximately $795000 in income through the year 2080, a large house and almost 10 acres of land and located in the desirable area of Glenwood. No restrictions. There is a cell tower on this property. Seller will consider a flooring allowance for the basement. Call to schedule your showing today!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
10/10
McDowell Early CollegeGrades 9-124.4 mi

Construction

Condition

  • Year built: 1987

Materials

  • Construction materials: Cedar Shake,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Bathroom,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Apartment,Bath/Stubbed,Finished

Bedrooms & Bathrooms

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

Features

  • Kitchen Island,Storage,Walk-In Closet(s)
  • Fireplace features: Den,Insert,Wood Burning,Wood Burning Stove
  • Attic: Pull Down Stairs
  • Finished area below ground: 1,408
  • Finished area above ground: 2,368

Heating & Cooling

  • Heating features: Central,Heat Pump,Wood Stove
  • Cooling features: Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 2,368
  • Total interior livable area: 3,776 sqft

Kitchen

  • Level: Main

Property

Details

  • Parcel number: 161800348833
  • Zoning: None
  • Special condition: Subject to Lease

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 9.91 Acres
  • Features: Hilly,Private,Wooded

Parking

  • Parking features: Driveway,Attached Garage,Detached Garage,Garage Shop,Shared Driveway,Garage on Main Level
  • Has garage: Yes
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Cold Wave
Hail
Landslide
Tornado

FEMA Declared Disasters in McDowell 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 $3,943$47,316
Home Insurance *$297$3,564
Property Taxes $318$3,816
Electricity $351$4,220
Total$4,909$58,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,308/yr
40% on housing$147,270/yr
45% on housing$130,906/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 28752$169
McDowell County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 28752$194
McDowell County$232

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
2024-06-24Price change$779,900
2024-01-25Price change$799,900
2023-10-02Listed for sale$833,899

For Sale by Agent

AgentCindy Ledbetter
BrokerageThe Marion Agency LLC

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