
$555,000 $212/sqft
77 Sherry Lane
Leicester, NC 28748
3 bd · 3 ba · 2,612 sqft · 1 ac · 2004 · 2 mo ago
Newfound Estates in Leicester has the feel of a mountain-edge residential pocket where larger lots, wooded surroundings, and long views shape the first impression.
Community overview based on MLS listing data for Newfound Estates, Leicester
Newfound Estates in Leicester has the feel of a mountain-edge residential pocket where larger lots, wooded surroundings, and long views shape the first impression. The streets are lined with homes that sit comfortably back from the road, many with covered porches, generous decks, and landscaping that softens the setting. It is the kind of place where the approach to the house matters as much as the house itself, and that sense of arrival comes through again and again.
"Mountain views, roomy lots, and a tucked-away setting define the everyday appeal here."
The community is made up of single-family homes, with a clear preference for practical, spacious layouts. Many homes feature brick exteriors, and nearly all of the recent inventory includes basements and garages, which gives the neighborhood a distinctly functional feel. Inside, buyers tend to find open living areas, vaulted ceilings, fireplaces, updated kitchens, and flexible lower levels that can serve as recreation rooms, offices, or guest space. Lot sizes are notably generous, averaging a little over an acre, and that extra ground gives the neighborhood room to breathe.
Architecturally, the homes lean toward Cape Cod and traditional forms, with construction dating from the early 1990s through the mid-2000s. That range keeps the neighborhood cohesive without feeling repetitive. The overall effect is well-kept and spacious, with a strong emphasis on indoor-outdoor living.
Daily life here revolves around porches, decks, finished basements, and the natural setting. Several homes highlight wooded privacy, sunset views, garden beds, fire pits, and workshop space, while others add features like sunrooms, wet bars, or RV storage. The neighborhood does not read like a dense amenity package; instead, its appeal comes from usable land, mountain scenery, and homes designed for comfortable day-to-day living. A second hallmark is convenience without sacrificing that tucked-away feel.
"This is a place where the house, the lot, and the landscape all work together."
Newfound Estates sits in the Leicester area along the New Leicester Highway corridor, with public remarks placing Asheville about 7 miles away in one listing, 10 minutes in another, 15 minutes in others, and 20 minutes from several homes depending on the route. Downtown Weaverville is also mentioned at less than 20 minutes, and Patton Avenue is cited at 7 miles. Nearby references include the Leicester post office, Ingles, the grocery store, Asheville’s shops and dining, and the Blue Ridge adventures that draw people toward the mountains. The community is served by Leicester/Eblen Elementary, Clyde A Erwin Middle, and Clyde A Erwin High, with the district feel anchored in Buncombe County’s western edge.
Palmetto Park Realty Team · Leicester
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27 recently sold in Newfound Estates, Leicester
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Dec 22 2025 | $580,000 | 58 | 2,863 sq ft | 96.7% | $203 |
| | Sep 26 2025 | $720,000 | 63 | 3,192 sq ft | 98.8% | $226 |
| | Jul 10 2025 | $437,000 | 33 | 1,944 sq ft | 97.3% | $225 |
| | Jul 30 2024 | $575,000 | 31 | 2,243 sq ft | 100.0% | $256 |
| | Feb 5 2024 | $430,000 | 178 | 2,522 sq ft | 95.6% | $170 |
| | Jul 21 2022 | $575,000 | 35 | 2,991 sq ft | 110.8% | $192 |
| | May 10 2022 | $510,000 | 47 | 2,785 sq ft | 102.0% | $183 |
| | Sep 8 2021 | $350,000 | 64 | 1,898 sq ft | 100.0% | $184 |
| | May 10 2021 | $490,000 | 51 | 3,364 sq ft | 106.5% | $146 |
| | Feb 10 2021 | $349,900 | 132 | 1,812 sq ft | 100.0% | $193 |
| | Dec 31 2020 | $345,000 | 125 | 1,670 sq ft | 97.2% | $207 |
| | Sep 30 2020 | $496,000 | 50 | 3,192 sq ft | 100.2% | $155 |
| | May 24 2019 | $272,000 | 70 | 1,605 sq ft | 99.3% | $169 |
| | Dec 19 2018 | $285,000 | 41 | 2,431 sq ft | 96.6% | $117 |
| | Nov 29 2018 | $295,000 | 131 | 2,406 sq ft | 100.0% | $123 |
| | Aug 21 2018 | $327,500 | 146 | 2,785 sq ft | 99.2% | $118 |
| | Feb 19 2018 | $317,000 | 40 | 2,050 sq ft | 100.0% | $155 |
| | Apr 4 2017 | $287,500 | 138 | 2,371 sq ft | 97.2% | $121 |
| | Oct 20 2016 | $262,000 | 53 | 1,628 sq ft | 98.9% | $161 |
| | Jun 29 2016 | $263,000 | 96 | 2,613 sq ft | 97.8% | $101 |
| | Nov 9 2015 | $243,000 | 40 | 1,629 sq ft | 101.3% | $149 |
| | Aug 10 2015 | $347,000 | 80 | 2,939 sq ft | 95.1% | $118 |
| | May 29 2015 | $382,000 | 107 | 3,305 sq ft | 109.2% | $116 |
| | May 29 2015 | $283,500 | 50 | 2,592 sq ft | 97.8% | $109 |
| | May 19 2015 | $375,000 | 55 | 3,126 sq ft | 97.4% | $120 |
| | Feb 25 2013 | $330,000 | 144 | 3,285 sq ft | 88.0% | $100 |
| | Aug 29 2012 | $248,000 | 128 | 2,570 sq ft | 97.3% | $96 |
Closed sales from MLS history for Newfound Estates, Leicester
Below trend-line threshold — city median shown for context
The Newfound Estates real estate market shows buyer's market conditions. Homes typically sell within 63 days. With 1 active listing and 2 homes sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Newfound Estates, Leicester
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