(864) 362-2375
$750,000
1318 Ostwalt Amity Road, Cleveland, NC 27013
3Baths
1920YearYear Built
About This Home
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.
Location
Key Facts
Status: Active
Type: Commercial Sale
HOA Fees: $0
MLS: Canopy
MLS #: 4364767
Features
N/A
Electric Oven
Electric Range
Electric Water Heater
Refrigerator
Washer/Dryer
Mortgage Calculator
$3,792Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $750,000
Status: Active — For Sale
Days on market: 0
Last updated: Apr 21, 2026
Schools
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Listing courtesy of NorthGroup Real Estate LLC
Source MLS #: 4364767
Last updated: Apr 21, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.