CompCasa Property Analysis · single_family

166 Fleece Ln

Two Homes, Workshop and 3.72 Acres in Mooresboro

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

5 beds5.5 baths3,580 sq ftBuilt 19953.72 acresdouble-garage workshop
CompCasa valuation analysis
Estimated market value
$450,000
Low $440,000 · Midpoint $450,000 · High $460,000
Confidence85%Sales comparison approach
Last recorded sale$450,000Mar 7, 2026
Assessed value$270,5002025 assessment
CompCasa estimate$450,000Mar 7, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$440,000$450,000 midpoint$460,000
Price / sq ft$126
Median sale price$240,000
Avg days on market88 days

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

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$445,000
Property address262 Green Farm Rd, Chesnee, SC 29323
3 bed2 bath1,897 sq ftBuilt 200510 mi43,560 sq ft lot$234/SF
Sold Feb 6, 2026
Subject difference
  • 1,683 SF smaller
  • 2 fewer bedrooms
  • 3.5 fewer bathrooms
  • 118,483 SF smaller lot
  • 10 years newer
Research comparison noteSingle-family home on 1-acre lot, smaller than subject property
02Sold price$275,000
Property address1544 Old US 221a Hwy, Mooresboro, NC 28114
3 bed2 bath1,900 sq ftBuilt 19495 mi21,780 sq ft lot$145/SF
Sold Nov 25, 2025
Subject difference
  • 1,680 SF smaller
  • 2 fewer bedrooms
  • 3.5 fewer bathrooms
  • 140,263 SF smaller lot
  • 46 years older
Research comparison noteOlder home on smaller lot, less living space
03Sold price$349,000
Property address159 Deno Dr, Gaffney, SC 29341
4 bed2.5 bath2,578 sq ftBuilt 199612 mi43,560 sq ft lot$135/SF
Sold May 13, 2025
Subject difference
  • 1,002 SF smaller
  • 1 fewer bedroom
  • 3 fewer bathrooms
  • 118,483 SF smaller lot
  • 1 year newer
Research comparison noteSimilar age and size, but on a smaller lot
Comp methodology: Focused on properties with similar size and features within a 15-mile radius, considering both sales and rental comparables.
Property details

A 1995 ranch on 3.72 acres.

Building

Year built1995
ConstructionHard Stucco
RoofAsphalt
Heatingcentral, ductless, electric, heat pump
Coolingcentral air, ductless, electric

Site & utilities

Lot size3.72 acres
Garagedouble-garage workshop
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesMain residence: 3BR/3.5BA, 2,677 SF; Second residence: 2BR/2BA, 903 SF; Large double-garage workshop
Lot area162,043 sq ft
TopographyLevel
FrontagePrivate road access
ParkingDriveway And Garage
Parking spaces6
Parking notesAmple driveway space and a large double-garage workshop
AccessAccess via Fleece Ln, a private road
WaterCounty
SewerSeptic
ElectricDuke Energy
GasPropane
Location & nearby

Mooresboro, NC

Researched nearby locations

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

Location

166 Fleece Ln, Mooresboro, NC 28114

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryCliffside Elementary School (9/10)
Middle schoolChase Middle School (4/10)
High schoolChase High School (6/10)
School districtRutherford County Schools
Market context

A factual market snapshot around 166 Fleece Ln.

Median sale price$240,000
Avg days on market88 days
Editorial market perspective

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.

Zoning & land use

Unrestricted

Zoning

Zoning codeX
DescriptionUnrestricted
JurisdictionRutherford County
Assessor useMobile/Manufactured Home
Current useResidential
SetbacksStandard county setbacks apply

Research-indicated uses

  • Residential
  • Agricultural
  • Commercial
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$17,300
Assessed improvements$253,200
Total assessed$270,500
Assessment year2025
Annual property tax$1,941
Tax year2025

Sale history

2026-03-07$450,000 · $126/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,350/mo
Property address920 Pecan Ave, Charlotte, NC 28205
4 bed2 bath2,450 sq ft$0.96/SF
Leased Aug 1, 2025
Subject difference
  • 1,130 SF smaller
  • 1 fewer bedroom
  • 3.5 fewer bathrooms
Research comparison noteSimilar size craftsman, renovated
02Monthly rent$2,100/mo
Property address508 Chesterfield Ave, Charlotte, NC 28205
3 bed2 bath2,300 sq ft$0.91/SF
Leased Jul 15, 2025
Subject difference
  • 1,280 SF smaller
  • 2 fewer bedrooms
  • 3.5 fewer bathrooms
Research comparison note3BR, slightly smaller, comparable condition
Research findings & due diligence

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
Highlights & features

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing for 166 Fleece LnView source
2
LoopNet property record for 166 Fleece LnView source
3
Redfin listing for 1544 Old US 221a HwyView source
4
Redfin listing for 262 Green Farm RdView source
5
Redfin listing for 159 Deno DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.