490 and 494 Cranberry
Newland, NC
$524,500
Beds: 4
Full Baths: 2
Sq ft: 2130
Acreage: 0.42
Elementary School: Newland
Year Built: 1928
MLS #: 262145
Details & Amenities
Twofer!!! Options!!! Two parcels, a recently renovated classic Craftsman house (#490), PLUS a separate ADU/cottage (#494). The fully furnished one bedroom cottage currently rents for $1,400 per month and would cover half the principal and interest on a 30yr loan!!! But it could be office or other commercial use when the current lease expires. There are no use restrictions. Both properties underwent extensive renovations in 2023 which included metal roof, Hybrid HVAC, all new kitchen, bathrooms, finishing of the front enclosed porch and more for the house. The cottage was a full interior rebuild. The flat yard is completely fenced for Dogs and Kids. *** The parking and entrance are around the corner off of Sam Ray St.***. Walk to the courthouse square via Park Street. The location on Cranberry St means you wont' need to worry about getting snowed in because the road is state maintained and always well cleared. Most town services, ie EMS, Fire, are just across the street. Cannon hospital less than 15 minutes away. Broker interest.
Roof:
Metal
Parking:
Asphalt, Driveway, Gravel, No Garage, Private
Exterior:
Gravel Driveway
Fireplace:
Wood Burning
Heat:
Baseboard, Electric, Forced Air, Fireplaces, Gas, Heat Pump
Air Condition:
One Unit
Property Type:
Residential
Style:
Craftsman
This property is a listing of Claybank Investors.
© 08/11/2026 Multiple Listing Service of the High Country Association of REALTORS®, Inc. All rights reserved.
© 08/11/2026 Multiple Listing Service of the High Country Association of REALTORS®, Inc. All rights reserved.