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Sold for $218,000 on 11/26/25
  • $218,000

    362 Rush Branch Road, Sugar Grove, NC 28679

    2beds
    1,056sqft
    Farm, Single Family Residence
    Built in 1950
    1.95 Acres Lot
    $214,100 Zestimate®
    $206/sqft
    $1,506 Estimated rent

    Home value

    $214,100

    $195,000 - $236,000

    $1,506/mo

    Zestimate® history
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    $996/mo

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    What's special

    APPRAISED FOR ASKING PRICE. Appraisal attached under documents. The property is back on the market, with no fault of the Seller. The previous Buyers gave no reasons for terminating. This home presents an amazing opportunity for everyone—experienced investors, DIY enthusiasts, or those seeking a meaningful project. It boasts a prime location, unique charm, and endless possibilities. With a touch of creativity, you can transform this hidden gem into a stunning masterpiece. Set on a beautiful knoll, the property offers 1.95 acres of fully usable land, inviting your vision to come to life. The spacious floor plan features a bright, airy living area, a charming traditional dining room, and a kitchen just waiting for modernization. The expansive living room, bathed in natural light, sets a perfect atmosphere for relaxation and gatherings. Step outside to a large backyard, a haven for gardeners, complete with a flourishing apple orchard. This outdoor space is a blank canvas—ideal for cultivating a garden, developing a homestead, hosting entertaining soirées, or even adding a garage or workshop for your hobbies. With its ideal location just minutes from the Watauga River and Laurel Creek Falls, you can easily immerse yourself in the breathtaking beauty of the High Country. Just 15 minutes from Boone and 20 minutes from the stunning Watauga Lake, this property serves as an exceptional mountain retreat. Thoughtful updates can turn this house into a modern gem that not only becomes a beautiful home but also a lucrative investment opportunity. Whether you aim to flip the property for profit or build a strong rental portfolio, the potential is truly limitless. Seize this moment to bring your tools, vision, and creativity—this remarkable opportunity awaits you!

    Zillow last checked: 8 hours ago

    Listing updated: November 28, 2025 at 09:26am

    Listed by:

    Dusty Washburn (828)295-7337,

    Howard Hanna Allen Tate Real Estate Blowing Rock

    Bought with:

    Megan Hollaway, 306621

    Call it Closed International Realty

    Source: High Country AOR,MLS#: 257657MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Electric, Fireplace(s), Space Heater, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Windows: Wood Frames
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: One, Free Standing, Gas, Vented, Propane
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Gravel, No Garage, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Out Building(s), Gravel Driveway
    • Has view: Yes
    • View description: Long Range, Mountain(s), Pasture, Residential, Seasonal View, Southern Exposure
    Lot
    • Size: 1.95 Acres
    Details
    • Additional structures: Outbuilding
    • Parcel number: 1962148011000
    • Zoning description: R1,Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Farmhouse,Mountain
    • Property subtype: Farm, Single Family Residence
    Materials
    • Masonry, Stucco
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Permit Unavailable
    • Water: Shared Well
    • Utilities for property: High Speed Internet Available

    Community & neighborhood

    Community
    • Community features: Long Term Rental Allowed, Short Term Rental Allowed
    Location
    • Region: Sugar Grove
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/26/2025Sold$218,000-3.1%$206/sqft
    Source: High Country AOR #257657 Report a problem
    10/13/2025Contingent$225,000$213/sqft
    Source: High Country AOR #257657 Report a problem
    10/1/2025Listed for sale$225,000$213/sqft
    Source: High Country AOR #257657 Report a problem
    9/1/2025Contingent$225,000$213/sqft
    Source: High Country AOR #257657 Report a problem
    8/23/2025Listed for sale$225,000+118.4%$213/sqft
    Source: High Country AOR #257657 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$638 $145,400
    2023$638 +3.7%$145,400
    2022$615 +39.2%$145,400 +82%

    Find assessor info on the county website

    Neighborhood: 28679

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bethel
    • High: Watauga

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

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