tomo logo

$7,500,000

Beds
5
Baths
5.5
sq ft
3,422

1575 Shinnville Road, Cleveland, NC 27013

1575 Shinnville Road

Cleveland, NC 27013

  • 12 days on market
Welcome to this stunning 60-acre estate, a rare opportunity to own a premier event space with endless possibilities. Whether seeking a luxurious retreat, a thriving business, or both, this property delivers. The updated primary residence offers 4 beds, 4.5 baths, and sophisticated comfort. A chefs kitchen boasts quartz countertops and a stylish backsplash, while the main-level primary suite provides ultimate privacy. Upstairs, a loft and three bedrooms, each with en-suite baths, await. The 11,000+ sq. ft. event space is designed for unforgettable gatherings, featuring his-and-hers areas with bathrooms and a wood-burning fireplace. A commercial-grade kitchen and indoor/outdoor bars make entertaining seamless. This properties unmatched versatility allows you to live on-site, bring your horses, and customize it to fulfill your dream. Whether an equestrian retreat, wedding venue, or luxury event space, this estate offers limitless potential. Don't miss this extraordinary opportunity!

Details

Property type

Single Family Residence

Est. home value

$916,019

Lot size

Unknown

Price per sq ft

$2,192

Year built

1978

Price History

02/11/2025
CanopyMLS

CanopyMLS #4215250

Listed
$7,500,000
-37.5%
04/23/2024
CanopyMLS

CanopyMLS #4126942

Removed
$12,000,000
04/08/2024
CanopyMLS

CanopyMLS #4126942

Listed
$12,000,000
+1500%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$6,393,178
Asking price
$7,500,000
Closing costs (~8% of asking)
-$600,000
Est. remaining loan balance
-$506,822
Cash to seller
$6,393,178

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$548,000

Est. remaining balance

$506,822

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Celisa Dawn Orshal and Travis Foster

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 8:15 PM

Listing updated: 02/17/2025 at 10:05 AM

Listed by: Liza Caminiti, Ivester Jackson Distinctive Properties Phone #: (704) 817-9826

MLS: CanopyMLS #4215250

CanopyMLS logo

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