$265,000
$165,000
60.6%For more information regarding the value of a property, please contact us for a free consultation.
1827 Deep Bottom Road Wallace, NC 28466
18 Acres Lot
Key Details
Sold Price $265,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100166064
Sold Date 06/12/20
HOA Y/N No
Originating Board North Carolina Regional MLS
Annual Tax Amount $400
Lot Size 18.000 Acres
Acres 18.0
Property Description
Wonderful recreational property! This +/- 18 acre property fronts approximately 520 ft of the Northern shoreline of this wonderful recreational +/- 18 acre lake. The property is over 1,300 ft deep (into the woods) with both cleared and wooded land, and includes ownership of about 2.5 acres of the lake. Plenty of room to build a beach-style home on pilings or recreational cottage. Or, just bring your camper or tiny house and have a fabulous time enjoying life on this property! You can go hunting in the woods, paddle-boarding on the lake, or sunbathe on the shore. The lake itself is great for swimming, kayaking, canoeing, catch & release or cook & eat fishing!
This property also has a +/- 3,800 sq ft great barn-style workshop and two 8'x40' shipping containers which have been converted to... workshop/storage facilities under the shed wings of the building. Water and electricity existing. The ± 12 ft deep lake is shared by four owners (including you). The entire property is located in the 100 yr flood zone. The lake is ± 2,033' long X ± 575' wide at it's widest point. (Seller will also sell just +/- 13 acres of this property for $99,000, not including the barn.)
Owner will finance this property with 20% down payment at 5% interest payable over 15 years. Additional ± 4.4 acres possible; includes partially constructed home. Must see to understand and truly appreciate what we're offering you!
Location
State NC
County Duplin
Community Not In Subdivision
Zoning Rural
Direction Take I-40 to Exit 385. Turn N. onto Hwy 41. Go 6 miles, then turn right onto Deep Bottom Rd. Go 1 mile and property is on left. There's a locked gate. Listing Agent will meet you there to unlock and explain property boundaries.
Rooms
Other Rooms See Remarks, Workshop, Storage Buildings, Shed
Exterior
Waterfront Yes
Waterfront Description Deeded Waterfront,Water Depth 4+,Waterfront Comm
View Water
Building
Lot Description Rural, Water Depth 4+, Open Lot, Wooded
Others
Tax ID 09-483
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP