Single Family Residence at 252 Spencer Street, Ellenboro
Saltwater pool - 252 Spencer Street, Ellenboro
6 insulated cabins with a/c - 252 Spencer Street, Ellenboro
Converted garage to bath house, 400 heated sq ft. - 252 Spencer Street, Ellenboro
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View of neighboring waterfall - 252 Spencer Street, Ellenboro
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Converted garage to bath house, 400 heated sq ft. - 252 Spencer Street, Ellenboro
Aerial of lot lines - 252 Spencer Street, Ellenboro
46 photos

$950,000

252 Spencer Street
Ellenboro, NC 28040
Listed by Dee Gambrell · BluAxis Realty
Bedrooms
6
Bathrooms
5.5
Living area
4,602 sqft
Year built
1900

About this home

HISTORIC 16-ACRE RIVERFRONT ESTATE | SIX CABINS | WATERFALL VIEWS | POOL A truly distinctive Western North Carolina property where history, nature and gathering spaces come together. Set on approximately 16 acres along the Second Broad River, this historic estate offers an extraordinary setting for enjoying the outdoors, entertaining, hosting family and friends, or creating a private retreat. The approximately 4,200-SF main residence is complemented by six insulated sleeper cabins, an approximately 800-SF bathhouse, 20’ x 40’ heated saltwater pool, waterfall views, extensive landscaping, privacy fencing, gated entry and parking for approximately 50 vehicles. The property offers an abundance of recreational opportunities, including fishing, kayaking, swimming, hiking, exploring trails and enjoying the surrounding natural landscape. Multiple areas throughout the property provide opportunities for gathering, recreation and outdoor activities. The Second Broad River and waterfall views create a setting rarely found in a property of this scale. Approximately $500,000 in improvements have been made since 2025, including electrical, plumbing, HVAC, foundation, septic, cabin and bathhouse improvements, landscaping, fencing and pool improvements. Permits and documentation are available for buyer due diligence. Whether envisioned as a private estate, family compound, multigenerational property, recreational retreat or a place to gather with family and friends, this property offers a rare combination of historic character, acreage, riverfront setting, water features, accommodations and recreational amenities. Conveniently located near Forest City and within reach of the mountains, lakes and attractions of Western North Carolina. Buyer to independently verify all permitted uses, restrictions, permits, square footage, improvements and intended use.

Highlights

Private poolFireplace

Property details

MLS
Canopy MLS
MLS #
CAR4427773
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
2
On market date
September 24, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Cliffside Elementary School
3.06 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
208
Student:teacher ratio
12.2:1
District
Rutherford County Schools
Middle
Chase Middle School
2.83 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
517
Student:teacher ratio
14.0:1
District
Rutherford County Schools
High
Chase High School
3.37 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
673
Student:teacher ratio
14.0:1
District
Rutherford County Schools

Walkability

Blended score for Ellenboro's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Very car-dependent
out of 100
EPA National Walkability Index
5.8 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies1

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 25 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.