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Sold for $1,000,000 on 11/15/23
  • $1,000,000

    338 Rush Rd, New Hill, NC 27562

    3beds
    1,235sqft
    Single Family Residence, Residential
    Built in 1974
    15.5 Acres Lot
    $-- Zestimate®
    $810/sqft
    $1,635 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,635/mo

    Zestimate® history
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    $5,596/mo

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    What's special

    Welcome to an unparalleled opportunity in New Hill! This 15.5-acre property has a blank canvas home - Whether you envision a restorative remodel or a brand-new dream dwelling, this "Sold AS IS" home is the foundation for your next chapter. With a serene pond and lush trees, it's a nature lover's paradise. Embrace outdoor living and water activities just minutes away from Jordan Lake. The convenience factor is unmatched – enjoy easy access to Apex, Raleigh, Cary, and RTP. The property's prime location along the old Highway 1 corridor is set to flourish with exciting developments on the horizon potential future value appreciation. The prestigious Conservancy at Jordan Lake, a vast new subdivision, is poised to become a neighbor. Additionally, the upcoming VinFast plant will bring innovation and potential job opportunities to the area. Positioned right over the Wake County Line in Chatham County, this property offers versatility. Explore the possibility of converting to commercial zoning for a range of investment options. Don't miss this chance to own a slice of tranquility with incredible potential.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 11:33pm

    Listed by:

    Bonnie Sue Ferrari 919-656-8825,

    Grow Local Realty, LLC

    Bought with:

    Mallika Jayasundera, 193927

    Carolina Living Associates LLC

    Source: Doorify MLS,MLS#: 2529898MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Carpet, Concrete
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,235
    • Total interior livable area: 1,235 sqft
    • Finished area above ground: 1,235
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Gravel
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 15.50 Acres
    Details
    • Parcel number: 0005527

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Concrete
    • Foundation: Concrete
    Condition
    • New construction: No
    • Year built: 1974

    Community & neighborhood

    Location
    • Region: New Hill
    • Subdivision: Not in a Subdivision

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    11/15/2023Sold$1,000,000+25.8%$810/sqft
    Source: Doorify MLS #2529898 Report a problem
    11/8/2023Contingent$795,000$644/sqft
    Source: Doorify MLS #2529898 Report a problem
    8/31/2023Listed for sale$795,000$644/sqft
    Source: Doorify MLS #2529898 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,770 +16.9%$537,208 +8.3%
    2023$4,079 +2.5%$495,943
    2022$3,980 $495,943

    Find assessor info on the county website

    Neighborhood: 27562

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chatham - Moncure
    • Middle: Chatham - Moncure
    • High: Chatham - Seaforth

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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