Previously Sold Inventory - TBD Key Road, Lot 5 - Sanford, NC - 1.84 acres

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[NOTE: Included on Website to Highlight our Recent Projects - This Property has SOLD & is No Longer Available] 

Mobile Home Friendly!

Location - TBD Key Road, Lot 5 - Sanford, NC - 1.84 acres - Lee County

Escape to the country while only being 50 minutes to Raleigh

LOCATION OVERVIEW

• Less than 10 minutes to Cameron
• 15 minutes to Sanford
• 45 minutes to Fayetteville
• 50 minutes to Raleigh
• 1 hour 10 minutes to Greensboro
• Just over 2 hours to Charlotte
• Less than two and a half hours to the ocean (Wilmington)

PARCEL HIGHLIGHTS

• Acreage - approximately 1.84 acres
• Electricity Available? Yes
• Water Available? Private well will need installed
• Sewer Available? Septic needed - recent soil study completed (July 2023)
• Zoning? RA/MH Mobile Home permissible zoning 
• Flood zone? Not located in flood zone per online sources (zoned X)
• Restrictions? Yes, some old (1986) deeded covenants technically apply from when the subdivision was formed but unknown if these are being enforced nowadays (residential use only, no temporary structures, no livestock, etc.) - can be found online but we will provide a copy of deeded covenants upon request

PRICING INFORMATION

Recent comparable sale nearby on Key Road sold June 2023 for $40k and was 0.92 acres (link = Zillow)

Purchasing options - Open to Offers

1. $49,500 or best offer cash price or
2. Take advantage of our easy owner financing plan - $20,000 down payment followed by $1,400/month for 30 months (plus a $25 loan servicing fee per month will be added to invoices)

Open to Offers - Serious Inquiries Only - Contact Us to Learn More

If we receive multiple offers on a property, we do apply a preference to cash (lump) sum payments.

DETAILED INFORMATION

• 1.84 acres located in Sanford, NC - Buyer to confirm with the county zoning department but as we reached out to them as part of our research, we do believe that this lot will be best for a mobile home or traditional single family home uses.  We do NOT believe that this lot would be approved for RV or tiny home use cases (common question amongst our buyers).
• Availability of utilities - We're happy to share our research with you so that you can make your own outreaches to confirm prior to purchase - 
  • Our initial research indicates that electricity is available within the neighborhood already. 
  • Our initial outreach to the city indicates that public water and sewer is not available.
    • Private septic system will be needed - we completed a soil suitability study and are happy to report that the soil is suitable for up to a 5 bedroom septic system
    • Private water well will be needed

• Timber has been harvested off of these lots by the previous owner so the parcels are pretty wide open for your vision
• Purchase this lot and build to enjoy immediately or hold onto it as a future investment
• Annual Taxes - county taxes last year were about $60

• Will transfer with General Warranty Deed.  A closing attorney will provide title search, title insurance, fund disbursement, and deed preparation & county recording.  You will be responsible for usual and customary fees to complete the transaction (estimates are usually $500 to $800).

Our General Disclaimer

Buyers are encouraged to conduct their own due diligence.  Buyer is responsible for verifying all information with the applicable county, city, town, etc. as to what can and can't be done with the property.  Buyer will need to work with the applicable county, city, town, etc. to obtain the proper permits if needed.  Buyer will also need to confirm the availability and costs of any utilities needed or serviced on the property.  Seller makes no warranties or representations about the land, its condition, or what can be built on the property