Property listing for 166 Fleece Ln, Mooresboro, NC 28114
For SaleSingle Family Home

$450,000

166 Fleece Ln, Mooresboro, NC 28114

Two Homes, Workshop and 3.72 Acres in Mooresboro

5 Bed · 5.5 Bath · 3,580 Sq Ft

Dual residences, large workshop, income-ready rural acreage near US-74

5

Beds

5.5

Baths

3,580

Sq Ft

1995

Built

3.72 acres

Lot

Double-garage workshop

Garage

About 166 Fleece Ln

What sets 166 Fleece Ln apart is its combination of flexible living space and functional outbuildings: two residences on a level, unrestricted 3.72-acre parcel, plus a large double-garage workshop ready for projects or business use. The main residence (built 1995) delivers single-level living across 2,677 square feet with 3 bedrooms and 3.5 baths—hard stucco construction, an asphalt roof, central air and supplemental ductless systems/heat pump, and a layout that keeps daily living convenient and accessible.

A fully renovated 2-bedroom, 2-bath mobile residence (903 sq ft) sits on the property as a private rental or guest suite, offering immediate income potential or a comfortable space for multi-generational living. The two homes together total 3,580 square feet under roof, giving buyers multiple options: live in the main house and lease the second unit, host extended family, or convert part of the acreage for agricultural or recreational use under the property’s unrestricted zoning.

The grounds are level and easy to maintain, reached by a private road (Fleece Lane) and offering ample driveway parking—estimated capacity for six vehicles—alongside the oversized workshop/garage. Utilities are practical and rural-appropriate: county water, septic, propane heating, and Duke Energy electric service. With proximity to US Highway 74 (about 1.5 miles), the property balances country privacy with straightforward access for commuting or deliveries.

From an investment standpoint, the list price of $450,000 (~$126/sqft) reflects both living area and functional acreage; assessed value sits at $270,500 with annual taxes of $1,941. Comparable sales in the broader market range widely, but this parcel’s unrestricted zoning, dual residences, and substantial workshop create value that appeals to small-business owners, investors, and buyers seeking multi-generational arrangements. Showings by appointment—this is the sort of property where the land and the outbuildings deliver as much opportunity as the homes themselves.

Home Highlights

Two residences on one unrestricted 3.72-acre parcelFully renovated secondary residence (2BR/2BA)Large double-garage workshopSingle-level main residence with 3BR/3.5BACounty water, septic, propane heating, Duke Energy electricPrivate road access and ample driveway parkingAssessed value: $270,500; Annual taxes: $1,941Immediate rental income potential (estimated monthly rent ~ $2,200)

Property Features

Interior Features

  • Main residence: 3 bedrooms, 3.5 bathrooms, 2,677 sq ft
  • Second residence: fully renovated 2BR/2BA mobile home, 903 sq ft
  • Single-level living in the main house
  • Central air plus ductless zones and heat pump
  • No basement — slab construction

Exterior & Lot

  • 3.72-acre level lot (162,043 sq ft)
  • Unrestricted zoning—residential, agricultural, commercial possibilities
  • Large double-garage workshop suitable for business or hobbies
  • Private road access via Fleece Ln
  • Ample driveway parking (estimated 6 spaces)
  • Hard stucco exterior and asphalt roof

Location & Neighborhood

  • Mooresboro, Rutherford County
  • Approximately 1.5 miles to US Highway 74 for easy commuting
  • Forest City MSA access
  • Cliffside Elementary (9/10) ~4.6 miles; Chase High (6/10) ~5.9 miles; Chase Middle (4/10) ~7.1 miles
  • Rural, agricultural-adjacent setting with nearby residential neighbors

Walkability & Recreation

  • Walkability Rating: 18/100 — Car-Dependent
  • Nearby parks and green spaces within driving distance
  • Hiking and biking routes available in the wider Forest City area
  • Golf courses and regional recreation within a short drive
  • Running/walking paths and community amenities in neighboring towns

Neighborhood & Location

Mooresboro offers a rural lifestyle within reach of regional highways and the Forest City area. The community is characterized by open acreage, small farms, and quiet residential streets—appealing to buyers seeking space and privacy. Essential services and town centers are a short drive away, while highly rated Cliffside Elementary serves local families. The area suits owners who want country living with convenient access to US-74 for commuting to neighboring towns and employment centers.

Market Insights

This corner of Rutherford County currently favors buyers: inventory is elevated and average days on market sit near 88 days, giving motivated purchasers negotiating leverage. The area’s median sale price is around $240,000, but properties with acreage, additional dwellings, or commercial-flexible zoning command premiums for their utility. Single-family ranch-style homes and properties with auxiliary units perform well for owner-occupiers seeking space and for investors targeting short- or long-term rentals. For 166 Fleece Ln, the listed $450,000 price reflects combined living area, a renovated secondary residence, and a substantial workshop—features that allow multiple monetization strategies. Given the buyer’s market dynamics, now is a strategic time for someone looking to acquire acreage with built-in income potential: competitive offers, financing packages for multi-unit holdings, or owner-occupant leverage may all produce favorable terms. Verify permits and inspect the workshop and second residence carefully; those due diligences are the keys to unlocking full upside in this rural, flexible asset.

Nearby Schools

Cliffside Elementary School

Elementary · 4.6 mi

9/10

Chase Middle School

Middle · 7.1 mi

4/10

Chase High School

High · 5.9 mi

6/10

Walkability & Recreation

18
Walkability
55
Recreation

Moderate outdoor access: property-scale acreage for immediate recreation, with regional hiking, biking, and golf options a short drive away and community parks accessible in nearby towns.

Investment Highlights

  • Two residences on 3.72 acres of unrestricted land
  • Main residence: 3BR/3.5BA, 2,677 SF; Second residence: 2BR/2BA, 903 SF
  • Large double-garage workshop suitable for various uses
  • Potential for rental income or multi-generational living
  • Located in a buyer's market with competitive pricing

Key Findings

  • Assessed value: $270,500; Annual property tax: $1,941
  • Main residence built in 1995; Second residence fully renovated
  • Zoning: Unrestricted, allowing for diverse uses
  • Nearby schools with varying ratings: Elementary (9/10), Middle (4/10), High (6/10)

Things to Consider

  • Buyer's market may lead to longer time to sell
  • Middle and high schools have average ratings, which may impact family decisions
  • Rural location may not appeal to all buyers

Opportunity Analysis

Versatile property with dual residences and a workshop on unrestricted land, offering income potential and flexible use in a rural setting.

Potential Use Scenarios

  • Utilize second residence for rental income or guest accommodations
  • Leverage workshop for personal projects or business operations
  • Explore agricultural or recreational uses given unrestricted zoning

Risk Factors

  • Market conditions favor buyers, potentially extending time on market
  • School ratings may influence family buyer interest
  • Rural location may limit appeal to certain demographics

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$440K

Midpoint

$450K

High

$460K

$126/SF estimated price per square foot

85% confidence

Sales comparison approach using recent listings and sales in the area. Adjusted for property size, condition, and unique features.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$240,000
Avg Days on Market88 days

Demographics

Rural area with stable population and income levels.

Nearby Points of Interest

  • Cliffside Elementary School (4.6 mi)
  • Chase Middle School (7.1 mi)
  • Chase High School (5.9 mi)

Rural setting with nearby schools and access to major highways.

School District

DistrictRutherford County Schools
ElementaryCliffside Elementary School (9/10)
MiddleChase Middle School (4/10)
HighChase High School (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1995
Constructionhard stucco
Stories1
Roofasphalt
Heatingcentral, ductless, electric, heat pump
Coolingcentral air, ductless, electric
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size3.72 acres (162,043 SF)
Topographylevel
Parkingdriveway_and_garage
Parking Spaces6
FrontagePrivate road access

Utilities

Watercounty
Sewerseptic
ElectricDuke Energy
Gaspropane

Zoning & Land Use

Zoning CodeX
DescriptionUnrestricted
JurisdictionRutherford County

Allowed Uses

residentialagriculturalcommercial
Current Useresidential
Assessor UseMobile/Manufactured Home

Tax & Sale History

Tax Assessment

Total Assessed$270,500
Land$17,300
Improvements$253,200
Annual Tax (2025)$1,941

Sale History

2026-03-07$450,000

$126/SF

Listed for sale

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