$750,000

1318 Ostwalt Amity Road, Cleveland, NC 27013

  • 3 baths
  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

A rare opportunity to breathe new life into a piece of local history. Situated on more than 5 fully fenced acres in northern Iredell County, this former schoolhouse offers nearly 22,000 square feet of character, scale, and untapped potential. Opportunities like this rarely come available — and for the right buyer, the possibilities are truly extraordinary. The original main building features approximately 7,900 square feet of heated and cooled space, highlighted by 12-foot ceilings, grand archways, and beautifully preserved maple hardwood floors that reflect the craftsmanship of another era. The roof covering this portion, along with the attached gymnasium/auditorium, was replaced approximately seven years ago. Beyond the main structure, an additional 14,000 square feet of masonry and steel construction provides a substantial and durable footprint ready for restoration, redevelopment, or adaptive reuse. While portions will require roof replacement and improvements, the underlying structure offers a strong foundation for transformation. The property is fully fenced with two large access gates, offering privacy and flexibility. Zoned Residential Agricultural (RA), the possibilities are expansive and may include a variety of residential, agricultural, or community-oriented uses (subject to county approval). This is a unique opportunity for those with vision to restore, repurpose, or reimagine a property rich in history and potential.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 7:16AM
Listing Office:
NorthGroup Real Estate LLC : 704-412-2804
MLS ID:
4364767
  • Appliances: Electric OvenElectric RangeElectric Water HeaterRefrigeratorWasher/Dryer
  • Flooring: Wood
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Parking: Circular DrivewayDetached GarageRV Access/Parking
  • Roofing: Architectural Shingle
  • General: Site BuiltCrawl Space
  • Road/Access: Paved
  • Originating MLS: carolina
  • County: Iredell
  • Zoning: RA4761-93-1928.000
  • Fencing: Chain LinkFencedFull
  • Restrictions: Must go before County to present commercial idea and receive their approval if changing from Residential Agriculture Zoning.
  • Water: Well
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of NorthGroup Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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