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1875 Shope Rd, Otto, NC 28763

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For Sale
Sale Pending

$975,000

3 beds1 baths

Estimated Payment

$ 5,018 /mo.

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

  • Fireplace
    Heating System

Explore this Property

First time on the market in a century. A rare opportunity like this doesn't come along often. Now being offered is this 52 acre family farm tract with roots that run deep in the Otto Community. The property is located South of Franklin with easy access. Once there you will find a 3/1 home that is waiting to be brought back to its full potential. Alongside is functional work shed with adjoining tool room. The large barn will need some care but holds promise for more productive years. Nice small branch flows by home off mountain located on the property. The pasture is exceptional and leads into wooded portions in three different sections. The elevation climb is minimum with outstanding short and long range views throughout. The total area of the pasture is fenced and ready for livestock. If you are looking for a family compound, estate , farm , or multi site development potential, look no further this property has it.
MLS# 26039879

Courtesy Of Mason Peak Mountain Properties, LLC

(828) 634-1615

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Historical
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Asbestos, Block, Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Vinyl, Wood
  • Heating System
    Fireplace, Floor Furnace, Space Heater, Stove
  • Lot Size
    52.25 Acres
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 1875 Shope Rd, Otto, NC 28763
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Home seller CENTURY 21 Connected

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $5,018
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,018

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Mountain View Intermediate School

Grades 5-6 Public School


Franklin, NC 28734 6.7 miles
161 clarks chapel rd

608 total students
15:1 Student teacher ratio

South Macon Elementary School

Grades PK-4 Public School


Franklin, NC 28734 2.8 miles
855 addington bridge rd

476 total students
12:1 Student teacher ratio

Macon Middle School

Grades 7-8 Public School


Franklin, NC 28734 6.8 miles
1345 wells grove rd

625 total students
16:1 Student teacher ratio

Macon Early College High School

Grades 9-12 Public School


Franklin, NC 28734 6.2 miles
77 siler farm rd

136 total students
34:1 Student teacher ratio

Franklin High School

Grades 9-12 Public School


Franklin, NC 28734 7.3 miles
100 panther dr

966 total students
17:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Union Academy 3.1 miles Public 7-12 F

Union Academy

Distance: 3.1 miles

Type Public

Grades: 7-12

F

Local area information for Otto, NC 28763

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Otto, NC 28763

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are above the national average.

80° July
Hottest Average Month

26° January
Coldest Average Month
1,169 Total Households in Area
17.7%
of households
have children
24 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Otto, NC 28763

Otto, NC 28763 has a population of 2,746 people in 1,169 households with a median age of 47.1 years old.

Up 5.5%
Increase in population
since the year 2010

Population is Trending up
1,104
Total households as of 2010
Up
3.6%

Community Population By Age

Community Population By Ethnicity

White 86%
Hispanic 12%
Other 6%
Asian <1%
Native American <1%
Black <1%

Economics
for Otto, NC 28763

49 /sq mi
Population Density
$63,579 /yr
Median Household Income
$191,250
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 96%
  • Walk or Bike 3%
  • Work from Home 1%
  • Public Transit 0%

Occupancy by Type

Owned 860 49%
Vacant 575 33%
Rented 308 18%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Otto, NC 28763

47.1 Median Age

Average Household Size

2.4
persons per
household

51.1%

Married Households

Community Population By Education

High School Graduate 32%
Some College 19%
Bachelors Degree 16%
Some High School 12%
Associates Degree 11%
Graduate Degree 10%

Household Family Expenses vs National Average

17.7% of households have children

Weather
for Otto, NC 28763

The weather for this area ranges from a high of 80° F in July to a low of 26° F in January

80° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
47°
Feb
27°
49°
Mar
33°
56°
Apr
41°
65°
May
48°
72°
Jun
56°
77°
Jul
59°
80°
Aug
59°
79°
Sep
53°
74°
Oct
42°
66°
Nov
33°
56°
Dec
27°
48°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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