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1318 Ostwalt Amity Road
$750,000
Cleveland, NC, 27013
singlefamily
3
3
Lot Size: 5.27 Acres
MLS #CAR4357525 image #0
ABOUT

Property Information

A rare opportunity to breathe new life into a piece of local history. With its size, history, and flexible zoning, this is a truly one-of-a-kind offering in today’s market.

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 and compelling foundation for transformation.

The grounds are fully fenced with two large access gates, offering both privacy and flexibility for a wide range of future uses.

Zoned Residential Agricultural (RA), the possibilities are expansive and may include:

Bed & breakfast or retreat center
Wedding or event venue
Church or private school
Daycare or community center
Agricultural or residential development
Cluster subdivision or mobile home park

For developers, investors, entrepreneurs, or creatives with vision, this is a blank canvas with history, scale, and exceptional potential.

Bring your imagination — and write the next chapter of this remarkable property.
SPECIFICS

Property Details

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Price:
$750,000
MLS #:
CAR4357525
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Mar 17, 2026
Finished Sq Ft:
7,920
Lot Size:
229,561 sqft / 5.27 acres (approx)
Year Built:
1920
Third CreekLakeshoreSouth Iredell
AMENITIES

Interior

Above Grade Finished Area
7920
Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Bathrooms
3 Full Bathrooms
Cooling
Heat Pump
Flooring
Wood
Heating
Heat Pump
Laundry Features
Main Level
Levels
One
AMENITIES

Exterior

Construction Materials
Brick Full
Fencing
Chain Link, Fenced, Full
Garage Spaces
2
Lot Features
Cleared, Level
Parking Features
Circular Driveway, Detached Garage, RV Access/Parking
Roof
Architectural Shingle
NEIGHBORHOOD

Schools

Elementary School:
Third Creek
Middle School:
Lakeshore
High School:
South Iredell
FINANCIAL

Financial

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1318 Ostwalt Amity Road
Cleveland, NC