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7090 Peele Road, Bailey, NC 27807

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For Sale

$985,000

5 beds • 3 baths • 3,098 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $317.95
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Nestled just beyond downtown, on a sprawling 35-acre estate, stands a piece of history with endless potential. The land, rich with heritage, once belonged to the esteemed Farmer family, known for their long-standing ties to the community and credited with founding the town of Bailey. Located directly across the road from The Country Doctor Museum, this stately property awaits the writing of it's next chapter. Originally built in the early 1900's, the 3,000 square foot residence exudes character and charm. Offering five bedrooms and three full baths, the home's storied history is evident from the vintage chandeliers and five fireplaces four wood-burning and one original coal fireplace spread throughout the dwelling. The current owners have made some great updates, like modern plumbing, electrical, HVAC systems and fixed the original slate roof while keeping that historic feel. The estate also includes a generator and the refrigerator, washer, and dryer convey with the sale, adding to the convenience of this historic home. Characterized by its original woodworking details and hardwood floors the house presents an incredible opportunity for those eager to breathe new life into its walls. The unfinished basement offers additional space for customization and expansion. Complementing the main house are a detached garage and a magnificent barn, complete with horse stalls and a hay loft that provides breathtaking views of the property. The estate is bordered by a picturesque creek, enhancing the sense of tranquility and providing a natural boundary. The land itself is a canvas of opportunity. With 27 acres planted with pine trees ready for timber harvesting, the potential for income is abundant. Whether envisioned as a farm, large homestead, or an event space, this property's versatile zoning under Nash County regulations provides flexibility for your dreams.
MLS# 10105811

Courtesy Of Compass North Carolina

(919) 769-1956

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Appliances
    Dryer, Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Tile, Vinyl
  • Heating System
    Forced Air, Radiant
  • Lot Size
    35.3 Acres
  • Roof Type
    Slate
  • Rooms
    Den, Dining Room, Family Room, Kitchen, Living Room

Map and Directions

Directions to 7090 Peele Road, Bailey, NC 27807

Home seller CENTURY 21 Sterling Combs

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sterling Combs

(252) 937-2121
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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