See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2491 Highway 274, Cherryville, NC, 28021

2beds
1baths
2,183sqft
$600,000
$275price/sqft
$3,813/moest. monthly cost
$152,520/yrincome needed

About This Home

Welcome to a rare aviation lifestyle opportunity in the heart of Lincoln County, NC. This distinctive offering combines a “legacy-rich” residence at 2491 Hwy 274 with an adjoining 21+ acre parcel featuring a private 1200’ FAA-approved grass runway especially for STOL aircraft—creating a seamless blend of home, land, and legacy. Are you an aviator looking for a home with a runway? This is it. The runway, known as Northbrook International Ultraport (1NC9), is FAA-approved and licensed for flight instruction for ultralight and STOL (short takeoff and landing) aircraft. The parcel includes two rough-built hangars (pole barn style) with space for up to seven small aircraft. There are no usage restrictions beyond county R-SF zoning, offering flexibility for aviation, residential, or entrepreneurial pursuits. The residence, built in 1930 and thoughtfully evolved over time, offers 2 bedrooms, 1 bath, and 2,183 heated square feet on 1.86 acres. Originally a 3-bedroom, 1-bath home with four fireplaces, its layout has been reimagined to enhance flow and functionality. One bedroom now serves as the updated bathroom, while the former bath became a laundry/utility room. Two bedrooms were combined into a spacious primary with a large closet, and a cozy room off the living area serves as a second bedroom with its own closet. This room has been used as an office. Craftsmanship and care are evident throughout. The kitchen features solid oak cabinetry, complemented by a built-in china cabinet in the dining room. Levolor blinds and replacement windows offer comfort and efficiency, while the red metal roof adds visual charm—especially from the air. The enclosed back porch, heated and cooled, contributes 184 square feet to the total living area. Additional updates include a carport, heat pump, and electric tankless water heater. Three fireplaces remain usable with chimney extension or gas logs, and pull-down stairs lead to a floored attic for extra storage. Constructed from rough-cut heart pine and solid oak, the home has “great bones” and invites creative use. Note: While the home has received thoughtful updates, it remains a work in progress. A good cleaning and a few repairs may make it suitable for office or transitional use, but buyers seeking a permanent residence should expect additional improvements. The property is offered as-is, and the owner may consider price flexibility to support needed updates. Whether used as a residence, office space, or part of a broader home-based business (per county R-SF zoning), the house anchors a property rich with potential. The adjoining acreage includes a well-maintained grass runway and ample space for expansion—be it a new home, hangar, or recreational retreat. The runway will be deed protected and cannot be closed. Permanent access and usage rights will be granted to both the residence at 2491 Hwy 274 (Parcel ID: 50912) and the neighboring home (Parcel ID: 10602). Use of the runway is optional, but the right to use it remains—ensuring long-term aviation viability for future owners. Buyers may charge for runway use or coordinate maintenance contributions. Altogether, this offering includes 21± acres with a 1200’ runway, plus a character-filled home on 1.86 acres, and two pole-barn type hangars (dirt floor) with space for up to seven small aircraft. The owner is motivated and negotiable, open to creative offers. Schedule an appointment directly with listing agent to experience this unique property firsthand. Attachments coming soon. “More than a listing, it’s an invitation to shape something enduring.”

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

8/10
North Brook ElementaryGrades PK-53.4 mi
4/10
West Lincoln MiddleGrades 6-83.2 mi
5/10
West Lincoln HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Metal
  • Construction materials: Brick Full

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Down Draft,Electric Cooktop,Electric Oven,Filtration System,Refrigerator,Tankless Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Sump Pump,Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,183

Heating & Cooling

  • Heating features: ENERGY STAR Qualified Equipment,Heat Pump
  • Cooling features: ENERGY STAR Qualified Equipment,Heat Pump

Interior Area

  • Total structure area: 2,183
  • Total interior livable area: 2,183 sqft

Living Room

  • Features: None
  • Level: Main
  • Area: 210
  • Dimensions: 15' 0" X 14' 0"

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 50912
  • Zoning: R-SF
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Waterfront features: None

Lot

  • Lot size: 23 Acres
  • Features: Orchard(s)

Parking

  • Total spaces: 2
  • Parking features: Detached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Cold Wave
Drought
Hail
Winter Weather

FEMA Declared Disasters in Lincoln 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 $3,033$36,396
Home Insurance *$273$3,276
Property Taxes $304$3,648
Electricity $203$2,439
Total$3,813$45,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,731/yr
40% on housing$114,390/yr
45% on housing$101,680/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: 13.1%
13.1%
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

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 28021$136
Lincoln County$222

vs Homes Sold Last Month

Median $/sqft

ZIP 28021$175
Lincoln County$204

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
2025-10-10Listed for sale$600,000
2025-09-12Listing removed$295,000
2025-04-17Price change$295,000
2024-06-11Listed for sale$345,000
2024-06-02Listing removed--
2024-02-15Price change$345,000
2024-01-31Listed for sale$375,000

For Sale by Agent

AgentGeneva Allen
BrokerageAllen & Allen, Inc.

Similar Homes