362 Rush Branch Rd Sugar Grove, NC 28679
Estimated payment $1,227/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $103,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $82,400 | New Conventional |
Source: High Country Association of REALTORS®
MLS Number: 257657

APN: 1962-14-8011-000
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