$225,000
UNDER CONTRACT

362 Rush Branch Rd Sugar Grove, NC 28679

Estimated payment $1,227/month

Total Views 1,153
2 Beds
1 Bath
1,056 Sq Ft
$213 Price per Sq Ft

Highlights

  • Pasture Views
  • Mountain Architecture
  • Covered Patio or Porch
  • Watauga High School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

This home presents an amazing opportunity for everyone—experienced investors, DIY enthusiasts, or those seeking a meaningful project. It boasts a prime location, unique charm, and endless possibilities. With a touch of creativity, you can transform this hidden gem into a stunning masterpiece. Set on a beautiful knoll, the property offers 1.95 acres of fully usable land, inviting your vision to come to life. The spacious floor plan features a bright, airy living area, a charming traditional dining room, and a kitchen just waiting for modernization. The expansive living room, bathed in natural light, sets a perfect atmosphere for relaxation and gatherings. Step outside to a large backyard, a haven for gardeners, complete with a flourishing apple orchard. This outdoor space is a blank canvas—ideal for cultivating a garden, developing a homestead, hosting entertaining soirees, or even adding a garage or workshop for your hobbies. With its ideal location just minutes from the Watauga River and Laurel Creek Falls, you can easily immerse yourself in the breathtaking beauty of the High Country. Just 15 minutes from Boone and 20 minutes from the stunning Watauga Lake, this property serves as an exceptional mountain retreat. Thoughtful updates can turn this house into a modern gem that not only becomes a beautiful home but also a lucrative investment opportunity. Whether you aim to flip the property for profit or build a strong rental portfolio, the potential is truly limitless. Seize this moment to bring your tools, vision, and creativity—this remarkable opportunity awaits you!

Listing Agent

Dusty Washburn

Howard Hanna Allen Tate Real Estate - Blowing Rock Brokerage Phone: 828-295-7337 Listed on: 08/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1950

Lot Details

  • 1.95 Acre Lot
  • Southern Exposure
  • Zoning described as R1,Residential

Property Views

  • Pasture
  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Farmhouse Style Home
  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Wood Frame Window
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Bethel Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1962-14-8011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.95
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Cottage, Farmhouse, Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-295-7337
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Free Standing, Gas, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1056.0
  • Stories: 1
  • Window Features: Wood Frames

Exterior Features

  • View: Long Range, Mountain(s), Pasture, Residential, Seasonal View, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Stucco
  • Exterior Features: Out Building(s), Gravel Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Bethel
  • High School: Watauga

Lot Info

  • Parcel #: 1962-14-8011-000
  • Zoning Description: R1,Residential

Tax Info

  • Tax Annual Amount: 462.0
  • Tax Book Number: 2086/687

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $638 $145,400 $44,900 $100,500
2023 $615 $145,400 $44,900 $100,500
2022 $615 $145,400 $44,900 $100,500
2021 $442 $79,900 $24,300 $55,600
2020 $442 $79,900 $24,300 $55,600
2019 $442 $79,900 $24,300 $55,600
2018 $402 $79,900 $24,300 $55,600
2017 $402 $79,900 $24,300 $55,600
2013 -- $65,400 $14,900 $50,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $225,000 +118.4% $213 / Sq Ft
04/15/2020 04/15/20 Sold $103,000 0.0% $113 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $103,000 -- $113 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $103,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,400 New Conventional
Source: Public Records

Source: High Country Association of REALTORS®

MLS Number: 257657

High Country Association of REALTORS®

APN: 1962-14-8011-000