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Active

99 Margaret Drive

Leicester, NC 28748

Active Listed 227 Days Price cut to $1,200,000 May 13, 2026 Listing ID CAR 295436873

$1,200,000
Est. $7,618/mo20% down · 7.125% · 30-yrAdjust
  • P&I$6,468
  • Taxes$750
  • Insurance$400

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$296/Sq Ft

5 bd · 4 ba · 4,055 sqft · $296/sqft

5 Beds
4 Baths
4,055 Sq Ft
$296/Sq Ft
1997 Built
97.14 acres Single Family Residence Wild Turkey Cove Listed Feb 25, 2026 Updated Aug 24, 2026 HOA None

About This Home

Escape to your own private mountain sanctuary, where peaceful seclusion and outdoor adventure exist in perfect balance. Sweeping views and inviting interiors set the stage for a remarkable retreat that pairs elevated comfort with the untamed beauty of the surrounding landscape. It’s perfectly suited for family gatherings, group retreats, or memorable getaways with friends.

Set on more than 90 pristine acres, this fully furnished, turnkey estate showcases panoramic mountain vistas and expansive living areas designed for both connection and quiet reflection. Dual kitchens on separate levels provide exceptional flexibility for entertaining, extended visits, or multi-generational living arrangements.

From the suite’s private entrance, step directly onto the deck and take in breathtaking mountain views—an idyllic setting for slow mornings with coffee or tranquil evenings at sunset. Enjoy uninterrupted access to nature while remaining wrapped in the comfort and charm of your mountain escape.

The lower level opens to a welcoming backyard that mirrors the spectacular views found above. Ideal for recreation or relaxation, this outdoor space invites everything from lively gatherings to peaceful moments of rest. A spacious fire pit, offers the perfect place to unwind beneath a canopy of stars while gazing out over the majestic mountain range.

After a day exploring your expansive acreage, retreat to the private sauna for a restorative escape. Just steps away, the hot tub awaits—an inviting place to soak in warm, bubbling waters as the cool mountain air and night sky surround you.

Thoughtfully cared for and previously operated as a successful vacation rental, the home blends comfort, versatility, and opportunity—whether you’re seeking a personal mountain sanctuary, an income-producing property, or a legacy estate to share for generations. A rare offering defined by privacy, acreage, and flexibility in an extraordinary setting.

Please do not enter or drive by without an appointment. Gated entrance.

Property history

  1. Jun 24, 2026
    Status changed to Off Market $1,375,000 Off Market
    Canceled -> Off Market
  2. May 13, 2026
    Price reduced $1,200,000 Active
    Was $1,350,000
  3. Feb 25, 2026
    Listed for sale $1,350,000 Active
    Listed 227 Days
Show 6 more Show less
  1. Feb 23, 2026
    Status changed to Off Market $1,375,000 Off Market
    Canceled -> Off Market
  2. Jan 19, 2026
    Status changed to Canceled $1,375,000 Canceled
    Off Market -> Canceled
  3. Jul 28, 2025
    Previously listed $1,375,000 Off Market
  4. Jan 11, 2022
    Sold $375,000 Closed
    Listed $525,000 · Jun 18, 2021 207 days on market
    Previously sold for $375,000
  5. Dec 13, 2021
    Price reduced $525,000 Closed
    Was $600,000
  6. Jun 18, 2021
    Previously listed $525,000 Closed

Property Details

Interior Details

Heating
  • Central
  • Heat Pump
Flooring
  • Tile
  • Wood
Main Level Sq Ft
2151
Room Count
19
Garage Sq Ft
637
Main Level Bedrooms
3
Main Level Full Baths
3
Main Level Half Baths
1
Lower Level Half Baths
0
Third Level Half Baths
0
Upper Level Half Baths
0
Half Bathrooms
1
Basement Bedrooms
2
Total Bathrooms
5
Basement Full Baths
1
Basement Half Baths
0
Second Living Quarters Half Baths
0
Laundry Features
  • Laundry Room
  • Main Level
Interior Features
  • Attic Stairs Pulldown
  • Breakfast Bar
  • Garden Tub
  • Kitchen Island
  • Split Bedroom
  • Storage
  • Walk-In Closet(s)
Main Level Garage
Yes
Security Features
  • Smoke Detector(s)
Fireplace Features
  • Family Room
  • Gas
  • Gas Log

Dwelling And Structure

Architectural Style
  • Ranch
Construction Type
Site Built

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
2151
Below Grade Finished Area
1904

Parking And Garage

Open Parking
true
Parking Features
  • Driveway
  • Attached Garage
  • Garage Door Opener
  • Garage Faces Front
Open Parking Spaces
4

Exterior Features

Roof
  • Architectural Shingle
Exterior Features
  • Fire Pit
  • Hot Tub
Construction Materials
  • Hardboard Siding
Patio And Porch Features
  • Covered
  • Deck
  • Front Porch
  • Porch
  • Rear Porch
  • Side Porch

Lot And Land

Lot Features
  • Private
  • Wooded
  • Views
Lot Size Acres
97.14
Lot Size Units
Acres

Basement And Foundation

Basement
  • Daylight
  • Exterior Entry
  • Finished
  • Interior Entry
  • Storage Space
  • Walk-Out Access
Foundation Details
  • Basement

Waterfront And View

View
  • Long Range
  • Mountain(s)
  • Winter
  • Year Round

Utilities

Sewer
  • Septic Installed
Utilities
  • Cable Available
  • Electricity Connected
  • Propane
  • Satellite Internet Available
  • Wired Internet Available
Water Source
  • Well

Financial Information

City Taxes Paid To
No City Taxes Paid
Hoa Dues
No

Zoning And Restrictions

Zoning
OU
Subject To Ccrs
Yes

Listed by Cami Silver (828-775-9780) · Patton Allen Real Estate LLC (828-348-1154)

Location

Address
99 Margaret Drive
City
Leicester, NC 28748
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Schools

Elementary
Leicester/Eblen
Middle
Clyde A Erwin
High
Clyde A Erwin

School assignments may change. Contact the school district to confirm.

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99 Margaret Drive, Leicester, NC, 28748

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