1318 Ostwalt Amity Road, Cleveland, NC 27013

$750,000
3
BD
3
BA
7,920
SqFt

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Listing courtesy of NorthGroup Real Estate LLC. escott@northgroupre.com

List Price
$750,000
Status
ACTIVE
MLS#
4357525
Bedrooms
3
Bathrooms
3
Full-baths
3
Living Area
7,920
Lot Size
229,561
Neighborhood
No Neighborhood
Year Built
1920
Acres
5.27

Property Description

A rare opportunity to breathe new life into a piece of local history. With its size, history, and flexible zoning, this is a truly one-of-a-kind offering in today’s market. Situated on more than 5 fully fenced acres in northern Iredell County, this former schoolhouse offers nearly 22,000 square feet of character, scale, and untapped potential. Opportunities like this rarely come available — and for the right buyer, the possibilities are truly extraordinary. The original main building features approximately 7,900 square feet of heated and cooled space, highlighted by 12-foot ceilings, grand archways, and beautifully preserved maple hardwood floors that reflect the craftsmanship of another era. The roof covering this portion, along with the attached gymnasium/auditorium, was replaced approximately seven years ago. Beyond the main structure, an additional 14,000 square feet of masonry and steel construction provides a substantial and durable footprint ready for restoration, redevelopment, or adaptive reuse. While portions will require roof replacement and improvements, the underlying structure offers a strong and compelling foundation for transformation. The grounds are fully fenced with two large access gates, offering both privacy and flexibility for a wide range of future uses. Zoned Residential Agricultural (RA), the possibilities are expansive and may include: Bed & breakfast or retreat center Wedding or event venue Church or private school Daycare or community center Agricultural or residential development Cluster subdivision or mobile home park For developers, investors, entrepreneurs, or creatives with vision, this is a blank canvas with history, scale, and exceptional potential. Bring your imagination — and write the next chapter of this remarkable property.

Additional Information

Foundation
Crawl Space
Exterior Finish
Brick Full
Elementary School
Third Creek
Middle School
Lakeshore
High School
South Iredell
Parking
Circular Driveway, Detached Garage, RV Access/Parking
Special Conditions
None
Garage Spaces
2
Lot Description
Cleared, Level
Water
Well
Construction
Site Built
Fireplace
Yes
Roof
Architectural Shingle
Heating
Heat Pump

Mortgage Calculator

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Calculator source: Real Geeks

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