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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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252 Spencer St , Ellenboro, NC 28040
$950,000
Est. Payment: $5,339.03/mo
6 Bed
6 Bath
4602 Sqft
15.95 Acres
Status: active | Days on site: 2
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NCM8161 - 83559
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Terri Bias
Operator/Brokerage Owner

House Description

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.

Highlights

Listed by Dee Gambrell , 828-489-1100 BluAxis Realty , 828-233-5447. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
15.95

Year Built

1900

County

Rutherford

Neighborhood

None

Listing ID

4427773

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:5
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile,Wood
Above Ground Sq Ft:4602
Other:
  • ▪ Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Cleared,Green Area,Level,River Front,Other - See Remarks
Roof:Architectural Shingle
Others:
  • ▪ Additional:Hot Tub
Sewer:Septic Installed
Parking Features:Detached Carport,Driveway
Principal Interest
$5,339
Taxes
$606

Home Price

$950,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,339.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,339.03 $605.63 $0.00 $5,944.66
Yearly $64,068.39 $7,267.50 $0.00 $71,335.89
Total $1,922,051.64 $218,025.00 $0.00 $2,140,076.64

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Ellenboro, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T17:53:06.000Z

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