Sales comparison approach using recent listings and sales in the area. Adjusted for property size, condition, and unique features.
Two Homes, Workshop and 3.72 Acres in Mooresboro
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.
See the properties helping shape the valuation.
Comparable sales
- 1,683 SF smaller
- 2 fewer bedrooms
- 3.5 fewer bathrooms
- 118,483 SF smaller lot
- 10 years newer
- 1,680 SF smaller
- 2 fewer bedrooms
- 3.5 fewer bathrooms
- 140,263 SF smaller lot
- 46 years older
- 1,002 SF smaller
- 1 fewer bedroom
- 3 fewer bathrooms
- 118,483 SF smaller lot
- 1 year newer
A 1995 ranch on 3.72 acres.
Building
Site & utilities
Mooresboro, NC
Researched nearby locations
Location
166 Fleece Ln, Mooresboro, NC 28114
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.
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.
A factual market snapshot around 166 Fleece Ln.
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.
Unrestricted
Zoning
Research-indicated uses
- Residential
- Agricultural
- Commercial
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 1,130 SF smaller
- 1 fewer bedroom
- 3.5 fewer bathrooms
- 1,280 SF smaller
- 2 fewer bedrooms
- 3.5 fewer bathrooms
What the research supports — and what is still worth verifying.
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)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning regulations and any restrictions
- Professional home inspection
- Assess condition of workshop and secondary residence
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.