Update: The house sold for $283,500 in May 2019.
It would be hard to find a prettier old farmhouse than 4909 Oldway Road. Set on four acres just off U.S. 29 North near Browns Summit, it’s on the market for $390,000. It has been for sale for more than two years, a remarkable length of time considering the fine condition of the house and property. Buyers may be put off by the proximity to the highway — it’s right at the N.C. 150 exit — but someone is going to get over that and get a pretty good price on a very nice place.
The house has three bedrooms and two and a half baths, 2,952 square feet ($149 per square foot). The property includes the house, built in 1916, a barn and a workshop. About three acres are fenced. The house itself is in beautiful condition, judging from the photos with the listing — a modern kitchen and bathrooms, beautiful hardwood floors and unpainted woodwork. The current decor may be a little busy visually — the combination of patterned carpets, furniture and wallpaper gets intense in some rooms — but that’s no big deal (unless your furniture and carpets look just like theirs).
What does seem to be a big deal is the highway. That’s all I see that would discourage a buyer. I’ve driven around the property, and it doesn’t seem such a bad location (though, admittedly, that’s easy for me to say since I’m not thinking about buying the place). The price has come down to $390,000 from $525,000 originally, when it included an additional two-acre lot that has been sold separately. Somebody is going to look at that price, a beautiful house and very nice acreage and see a sweet deal.