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140 Joanda Farm Rd, Mooresboro, NC, 28114

5beds
5baths
4,075sqft
$2,400,000
$589price/sqft
$14,947/moest. monthly cost
$597,880/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

  • Foundation: Basement
  • Roof: Architectural
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Electric Cooktop,Electric Oven,Electric Water Heater
  • Laundry features: In Basement,Electric Dryer Hookup,Washer Hookup

Basement

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

Bedroom2

  • Area: 154

Bedroom3

  • Area: 132

Bedrooms & Bathrooms

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

Bonus Room

  • Area: 312

Dining Room

  • Area: 260

Features

  • Vaulted Ceiling(s)
  • Flooring: Ceramic Tile,Wood,Stone,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total interior livable area: 4,075 sqft

Kitchen

  • Area: 160

Living Room

  • Area: 342

Master Bathroom

  • Features: Full Bath,Walk-In Closet(s)
  • Level: Second

Master Bedroom

  • Area: 252

Property

Details

  • Parcel number: 1564230055
  • Horse amenities: 9+ Stall,Arena,Barn,Stable(s),Fenced,Pasture,Riding Trail,Round Pen,Other

Features

  • Levels: 1+Basement
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Deck,Patio,Front Porch
  • Exterior features: Riding Area
  • Waterfront features: River,Water Access
  • Horses can be raised: Yes
  • Living area range: 4000-4199

Lot

  • Lot size: 84.73 Acres
  • Features: Pasture,50 - 100 Acres

Parking

  • Parking features: See Remarks,Driveway,Circular Driveway,Gravel,Paved
  • 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 $12,135$145,620
Home Insurance *$1,193$14,316
Property Taxes $1,240$14,880
Electricity $379$4,554
Total$14,947$179,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$512,468/yr
40% on housing$448,410/yr
45% on housing$398,586/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

$589This listing

vs Other Active Listings

Avg $/sqft

ZIP 28114$132
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)

No zestimate history available

Price History

DateEventPrice
2026-08-06Price change$2,490,000
2026-08-03Listed for sale$2,400,000

For Sale by Agent

AgentIvette Drumgool
BrokerageHoward Hanna Beverly Hanks

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