252 Spencer Street

Ellenboro, NC
$ 950,000 Beds 6 Baths 5.5 Sq 4,602 Virtual Tour
Monthly Estimate* How much can I afford?

HISTORIC 16-ACRE RIVERFRONT ESTATE | SIX CABINS | WATERFALL VIEWS | POOL A truly distinctive Western North Carolina property where history, nature and gathering spaces come together. Set on approximately 16 acres along the Second Broad River, this historic estate offers an extraordinary setting for enjoying the outdoors, entertaining, hosting family and friends, or creating a private retreat. The approximately 4,200-SF main residence is complemented by six insulated sleeper cabins, an approximately 800-SF bathhouse, 20’ x 40’ heated saltwater pool, waterfall views, extensive landscaping, privacy fencing, gated entry and parking for approximately 50 vehicles. The property offers an abundance of recreational opportunities, including fishing, kayaking, swimming, hiking, exploring trails and enjoying the surrounding natural landscape. Multiple areas throughout the property provide opportunities for gathering, recreation and outdoor activities. The Second Broad River and waterfall views create a setting rarely found in a property of this scale. Approximately $500,000 in improvements have been made since 2025, including electrical, plumbing, HVAC, foundation, septic, cabin and bathhouse improvements, landscaping, fencing and pool improvements. Permits and documentation are available for buyer due diligence. Whether envisioned as a private estate, family compound, multigenerational property, recreational retreat or a place to gather with family and friends, this property offers a rare combination of historic character, acreage, riverfront setting, water features, accommodations and recreational amenities. Conveniently located near Forest City and within reach of the mountains, lakes and attractions of Western North Carolina. Buyer to independently verify all permitted uses, restrictions, permits, square footage, improvements and intended use.

Single Family

  • Price
  • $ 950,000
  • City
  • Ellenboro
  • Bedrooms
  • 6
  • Full Bathrooms
  • 5
  • County
  • RUTHERFORD
  • Half Bathrooms
  • 1
  • Area
  • Rutherford County
  • Lot Size
  • 15.95 Acres
  • Zip
  • 28040
  • Sqr Footage
  • 4,602
  • Year Built
  • 1900
  • Style
  • MLS#
  • 4427773
Listed By: BluAxis Realty; dee@bluaxis.com
Data Source: Canopy MLS

Features

General

Living Area 4602
Sewer Septic Installed
Heating Central,Natural Gas
Cooling Central Air
Utilities Natural Gas
Roof Architectural Shingle
Appliances Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Microwave,Refrigerator
Development Status Completed
Pool Features In Ground
Security Features Smoke Detector(s)
Construction Materials Wood
Year Built 1900
View Water
Levels Two
Property Subtype Single Family Residence
Parcel Number 1610936
Waterfront Features Other - See Remarks
County Rutherford
New Construction No
Property Type Residential
HOA No
Subdivision Name None
Garage Y/N No
Full Baths 5
Directions GPS will get you to the property
High School Chase
City Ellenboro
Body of Water Second Broad River
Senior Community Y/N No
Open Parking Spaces 20
Lot Size Units Acres
Carport Spaces 2
Carport Y/N Yes
Elementary School Cliffside
Middle/Junior High School Chase
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions Deed
Tax Assessed Value 405600
Listing Terms Cash,Conventional

Interior Features

Flooring Tile,Wood
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 4602
Half Baths 1
Laundry Features Main Level
Total Bedrooms 6
Total Baths 6
SqFt Main 2687
SqFt Upper 1915
Bedroom 2

Exterior Features

Exterior Amenities Hot Tub
Parking Features Detached Carport,Driveway
Lot Features Cleared,Green Area,Level,River Front
Water Source City
Lot Size Area 15.95
Foundation Details Crawl Space
Road Surface Type Concrete,Paved
Other Parking Multiple spaces
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mooresville, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Cliffside Elementary School
Middle School Chase Middle School
High School Chase High School

Price History

9/25/2026 Listed $950,000

Property vs Zip Code Average in 28040

Price
AVG $360K
$950K
Year Built
AVG 1961
1900

252 Spencer Street Ellenboro, NC is a Single Family Home for sale at $950000 with 4602 sqft and a lot size of 15.95 Acres Acre(s). 252 Spencer Street Ellenboro has 6 bedrooms, 5 baths and was built in 1900. The property's zip code is 28040 which is in Ellenboro, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.