- 5 beds
- 3 baths
- 3,098 sqft
- ~35 acre lot
- $317 per sqft
- 1921 build
- – on site
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.
Last checked:
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Checking…
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Last updated Jun 28, 2025
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MLS# 10105811 —
The Building
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Year Built:1921
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Farmhouse
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Structure Type:House
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Roof:Slate
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Foundation Details:Raised
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Stories:2
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Levels:Two
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Basement:true
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Basement:Unfinished
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Patio And Porch Features:Covered
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Building Area Total:3098
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Building Area Units:Square Feet
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Above Grade Finished Area:3098
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:13
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Flooring:Carpet
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Fireplace:true
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Fireplaces Total:5
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Laundry Features:In Basement
Room Dimensions
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Living Area:3098
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Living Area Units:Square Feet
Location
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Directions:I-87/US-264 E/US-64 E, Exit 436 for U.S. 264 E toward NC-97/Wilson/Greenville. Take exit 11 for NC-581 toward Bailey/Spring Hope. Turn right onto NC-581 S. Make a slight right toward US-264 ALT W/Deans St. Merge onto US-264 ALT W/Deans St. Turn left onto Peele Rd. The home will be on the right.
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Latitude:35.778819
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Longitude:-78.122891
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Coordinates:-78.122891, 35.778819
The Property
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Property Type:Residential
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Lot Features:Agricultural
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Property Subtype:Single Family Residence
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Parcel Number:335081
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Lot Size Acres:35.3
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Lot Size Area:35.3
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Lot Size SqFt:1537668
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Lot Size Units:Acres
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Exterior Features:Private Entrance
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Other Structures:Barn(s)
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View:true
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Horse:true
Listing Agent
- Contact info:
- Agent phone:
- (415) 497-6058
- Office phone:
- (919) 769-1956
Taxes
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Tax Annual Amount:1197.6
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Total Baths:3
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.wellcomemat.com/mls/5b6t9bf74bd21m7k4
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range
Schools
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Elementary School:Nash - Bailey
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Middle Or Junior School:Nash - Southern Nash
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High School:Nash - Southern Nash
The Community
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Subdivision Name:Not in a Subdivision
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Association:false
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Spa:false
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Pool Private:false
Parking
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Garage:true
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Garage Spaces:1
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Attached Garage:false
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Carport:true
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Carport Spaces:1
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Parking Features:Additional Parking
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Open Parking:true
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Open Parking Spaces:4
Monthly cost estimate

Asking price
$985,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,274
|
Taxes | $99 |
Insurance | $270 |
Utilities | $256 See report |
Total | $5,899/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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6/26/25
Jun 26, 2025
|
Listed / Active | DMLS | $985,000 |