Newton · Newton, NC
1670 Southwest Boulevard
Newton, NC · 8,705 sqft
$1,800,000
- 5Beds
- 8Baths
- 8,705SqFt
- 1848Year
About this home
Come tour this INCOME-PRODUCING RESIDENCE! This beautifully restored circa 1868 historic country estate where timeless farmhouse architecture meets refined southern elegance is on OVER 17 ACRES! Rich in history & thoughtfully updated, the house retains its original character while offering the amenities expected of a premier luxury estate. Originally a working farm, later transformed into a renowned Belgian horse breeding farm, & eventually operating as the beloved Peacock Inn bed & breakfast & event venue, families, artists, celebrities, corporations & kids on field trips came to visit from far & wide. This remarkable property is ready for its next visionary owner. Live in the fully furnished (carefully crafted with ANTIQUES) main residence while operating your business(es) on-site OR monetize the space as a luxury rental or boutique inn. Designed w/ income potential in mind, the estate offers endless possibilities w/ so much space, including: Retreat Center, Wellness & Hospitality Campus, Wedding & Event Venue, Corporate Retreat Ctr, & Creative Arts Campus. Designed with EQUESTRIAN excellence in mind, the impressive BARN boasts dramatic soaring ceilings w/ 14 stalls, exceptional for horse boarding, training, breeding or other equestrian ventures. Even more ways to generate income include: wine production & storage, brewery or tasting room (brewing & winemaking equipment convey & LIQUOR LICENSE is Active), & wellness retreats, yoga, or creative studios. A commercial kitchen, screened-in patio with a wood-fire smoker, generous gravel parking area, & approx. 12-15 apple cider trees further enhance the property's appeal. "The Cottage," the separate little house toward the back of the property, provides add'l rental income w/ 2 rooms & 2 full baths, while the detached workshop is currently leased on a mth-to-mth basis. The 3600 sq ft Grand Flex Space wing (currently used as a Yoga Hall) is attached to the Main House & has its own entrance. The opportunities are endless!
Property details
- Beds
- 5
- Baths
- 8
- SqFt
- 8,705
- Lot
- —
- Year built
- 1848
- Type
- Single Family
- Heating
- Ductless, Electric
- Cooling
- Ductless, Electric
- Foundation
- Basement
- Flooring
- Tile, Wood
Features
- Outdoor Kitchen
- Storage
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$13,022/ month
- Principal & interest
- $11,147
- Property tax (~0.90%)
- $1,350
- Homeowners insurance
- $525
- HOA dues
- —
Down payment
$90,000 down · $1,710,000 financed
Income to qualify (28% rule)
~$558,125 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.