Auction Information
Online Bidding SiteHorse Farm for Sale in Newton NC
Check out this stunning +/- 28.09 acre horse farm for sale located in Newton, NC. This property combines the feel of rural living with all the small-town perks and charms. The property features ample road frontage, rolling pastures, creek access and wooded areas making it an ideal setting for a flourishing equestrian facility or building your own personal estate. Located within the city limits of Newton, zoned R-20 & R11, possibilities exist for future development in this desirable area.
The equestrian facilities include a spacious concrete block barn, spanning 223x60' with 30 12x12 stalls with automatic waters, lights, and some have concrete flooring. The large center aisle offers an ideal area for rainy day riding. The inside grooming area has several crosstie bays, hot water washroom, a tack room, a feed room, a lounge area with a kitchenette, and a bath that is accessible from the ...
The equestrian facilities include a spacious concrete block barn, spanning 223x60' with 30 12x12 stalls with automatic waters, lights, and some have concrete flooring. The large center aisle offers an ideal area for rainy day riding. The inside grooming area has several crosstie bays, hot water washroom, a tack room, a feed room, a lounge area with a kitchenette, and a bath that is accessible from the grooming area. There is a spacious office with a relaxing view overlooking the 200x120 outdoor riding arena.
The attached +/- 750 sq ft apartment provides flexibility for guests, staff, or rental income. It features 1 bedroom with an additional bath off of the kitchen, living and dining area with a washer and dryer hookup. Also on the property, is a 2 bed, 2 bath singlewide mobile home. Appliances do not convey with the mobile home or apartment.
Take in the beautiful sunsets from the screened porch. Pastures are fenced and include both a connecting pen as well as a covered shed providing animals with shelter. Also included is a high wall round pen and a charming older Dutch gable barn with additional 4 stalls, expansive loft and 2 overhangs. This barn has newer roofing and siding and provides some spectacular views of the pastures. Located on the backside of the property you can find a small stream that meanders along the wooded portion of the property.
Property is quietly situated between the cities of Newton and Hickory, NC which is "regularly listed as one of America's most desirable and affordable places to live and retire". Within a convenient drive to Hwy 321 and Interstate 40, makes this unique property a rare find. Do not miss this unique opportunity to own a serene and versatile piece of land in a highly desirable location. The blend of turnkey equestrian facilities, flexible living space and potential for development makes this a rare offering.
The property consists of 2 adjoining parcels. Property is located within the city limits of Newton, NC. Currently uses a private well and septic system. No septic permit on record. Public water currently comes to Old Conover Road which connects to Old Latter Rd. Currently there is a single wide mobile home located on the +/- 1 acre parcel which is personal property. Sellers do not plan to remove it and there is no monetary value being placed on it. Sellers indicate that they replaced the roof and siding on the Older Dutch Gable Barn a few years ago.
Online Auction Ends Thursday, April 10th at 4 PM
2137 Old Latter Rd., Newton, NC 28658
PREVIEW DATE: Friday, March 21st at 11 AM and Friday, April 4th at 4 PM
BIDDER PACK:Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE:If a bid is received within the last 2minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates snipers and encourages fair and impartial bidding from all participants.
BUYERS PREMIUM TEN PERCENT (10%):Buyers Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyers premium = total purchase price of $110,000). Buyers Premium is not due until closing.
PRE-AUCTION SALES:As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating NC State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided.Download Bidder Pack for Online Bidders Agreement, maps,sample contracts, and property information.
TERMS & CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. EarnestMoney Deposit of$20,000is requiredon the day of sale. Close on orbeforeMay 27th, 2025.Subjectto seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts endingat 4 PMon April 10th, 2025.Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes.Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
Directions
DIRECTIONS:
From: Charlotte, NC- Take I 85 S toward Gastonia and get on US Hwy 321 North to Startown Rd. (approximately 41 miles). Turn right onto Startown Rd and travel approximately 4.5 miles and turn right onto Old Conover Rd. Take the first right onto Old Latter Rd. Property will be shortly on the right.
From Asheville, NC - Take I 40 East to Startown Rd. (approximately 75 miles). Turn right onto Startown Rd and travel approximately 4 miles and turn left onto Old Conover Rd. Take the first right onto Old Latter Rd. Property will be shortly on the right.
From Greensboro, NC- Take 1-40 West to Startown Rd. (approximately 85 miles). Turn left onto Startown Rd and travel approximately 4 miles and turn left onto Old Conover Rd. Take the first right onto Old Latter Rd. Property will be shortly on the right.
From Hickory, NC- Take I 40 East to Startown Rd. Turn right onto Startown Rd and travel approximately 4 miles and turn left onto Old Conover Rd. Take the first right onto Old Latter Rd. Property will be shortly on the right.
From Newton, NC- Take Radio Station Rd to Old Conover Rd and turn left. Travel approximately 1 mile and turn left onto Old Latter Rd. Property will be shortly on the right.