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  • $750,000

    1318 Ostwalt Amity Rd, Cleveland, NC 27013

    3beds
    7,920sqft
    : 
    Single Family Residence
    Built in 1920
    5.27 Acres Lot
    $747,700 Zestimate®
    $95/sqft
    $-- HOA

    What's special

    Grand archways
    A rare opportunity to breathe new life into a piece of local history. Situated on more than 5 fully fenced acres in northern Iredell County, this former schoolhouse offers nearly 22,000 square feet of structures filled with character, scale, and possibility. Properties like this rarely come available — and for the visionary buyer, the potential here is extraordinary. The original main building spans approximately 7,900 square feet of heated and cooled space, showcasing 12-foot ceilings, grand archways, and beautiful original maple hardwood floors that echo the craftsmanship of another era. The roof covering this portion of the building and the attached gym/auditorium was replaced approximately seven years ago. Beyond the main structure are roughly 14,000 additional square feet of masonry and steel construction, creating an incredibly durable footprint ready for restoration or reinvention. Some areas will require roof replacement and additional improvements, but the bones of the property offer a remarkable foundation for transformation. The property is fully fenced with two large access gates, providing privacy and flexibility for a wide range of future uses. Zoned Residential Agricultural (RA), the property offers numerous potential possibilities such as: Bed & Breakfast or retreat center Wedding or event venue Church or private school Daycare or community center Agricultural or residential development Cluster subdivision Mobile home park For entrepreneurs, developers, creatives, or investors with vision, this property is a blank canvas with history, scale, and endless potential. Bring your imagination and give this remarkable property its next chapter.
    6 days
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    1,078
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    35
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    Zillow last checked: 7 hours ago

    Listing updated: March 21, 2026 at 05:58pm

    Listing Provided by:

    Elisha Scott escott@northgroupre.com,

    NorthGroup Real Estate LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4357525MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Kitchen
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
      • Laundry: Main Level
      Features
      • Flooring: Wood
      • Has basement: No
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 7,920
      • Total interior livable area: 7,920 sqft
      • Finished area above ground: 7,920
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Detached Garage, RV Access/Parking, Garage on Main Level
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Chain Link,Fenced,Full
      Lot
      • Size: 5.27 Acres
      • Features: Cleared, Level
      Details
      • Parcel number: 4761931928.000
      • Zoning: RA
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Full
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $95/sqft
      • Tax assessed value: $301,950
      • Date on market: 3/17/2026
      • Cumulative days on market: 5 days
      • Listing terms: Cash
      • Road surface type: Gravel, Paved
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        Estimated market value

        $747,700

        $710,000 - $785,000

        $2,573/mo

        Price history

        Price history
        DateEventPrice
        3/17/2026Listed for sale$750,000-6.3%$95/sqft
        Source: Canopy MLS as distributed by MLS GRID #4357525 Report a problem
        7/25/2025Listing removed$800,000$101/sqft
        Source: Canopy MLS as distributed by MLS GRID #4218193 Report a problem
        2/1/2025Listed for sale$800,000+0.1%$101/sqft
        Source: Canopy MLS as distributed by MLS GRID #4218193 Report a problem
        8/1/2024Listing removed--
        Source: Canopy MLS as distributed by MLS GRID #4166152 Report a problem
        7/30/2024Listed for sale$799,000+35.2%$101/sqft
        Source: Canopy MLS as distributed by MLS GRID #4166152 Report a problem
        5/1/2023Listing removed--
        Source: Canopy MLS as distributed by MLS GRID #CAR3923221 Report a problem
        12/1/2022Listed for sale$590,990$75/sqft
        Source: Canopy MLS as distributed by MLS GRID #3923221 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $4,099/mo
        Principal & interest
        $3680
        Property taxes
        $419
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          Climate risks

          Neighborhood: 27013

          Getting around

          0 / 100
          Car-Dependent
          11 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Third Creek
          • Middle: Lakeshore
          • High: South Iredell

          Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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