MLS# 100402529 – S Nc 581 Highway, Bailey, NC 27807

$7,122,250 - Br/Ba - for Sale in Old Fields, Bailey
Price: $7,122,250
Lot Size Acres: 284.89
Lot Size SqFt: 12,409,808
Status: Active
Property Type: Farm
Days on Website: 654

Courtesy of Jeff Stone, Stone Auction & Realty

Property Description

A ONE-OF-A-KIND-TROPHY FARM. GREAT LOCATION JUST 40 MINUTES TO RALEIGH AND GREENVILLE, 15 MINUTES TO WILSON, 5 MINUTES TO BUCKHORN LAKE (2200 ACRES), 2 HOURS TO BEAUTIFUL NC BEACHES AND 4 HOURS TO NC MOUNTAINS. THIS FARM HAS OVER 200 ACRES OF WOODS, WITH 160 ACRES OF PLANTATION PINES THAT ARE WELL MANAGED AND HAVE 30 YEARS OF GROWTH. THERE ARE 3 LARGE PONDS AND STREAMS RUNNING THROUGH THE PROPERTY. A COUNTY WATER LINE IS PROPOSED TO BE AVAILABLE IN 2024. MANY BEAUTIFUL NATURE TRAILS THROUGHOUT THE PROPERTY WITH ABUNDANT WILDLIFE INCLUDING DEER, RABBIT, SQUIRREL, COYOTE, QUAIL, AND OCCASIONALLY BEAR. THIS TRACT HAS 5,850 FEET OF ROAD FRONTAGE ON 4 DIFFERENT ROADS. THE MOSTLY SANDY LOAM SOILS ARE VERY GOOD FOR RESIDENTIAL DEVELOPMENT. ELECTRIC POWER IS SUPPLIED BY DUKE ENERGY AND THE BAILEY AND ROCK RIDGE FIRE DEPARTMENTS SERVE THIS AREA. COUNTY WATER AVAILABLE ON OLD RALEIGH RD.

Open House

Property Details and Features

  • Property Access
  • Road Type/Frontage: Paved,Public (City/Cty/St)
  • Disclosures
  • No
  • Unknown
  • Fence
  • None
  • Home Owner’s Association
  • HOA Amenities: No Amenities,Trail(s)
  • Listing
  • Sub-Type: Farm
  • Listed on 2023-08-30
  • List Price/Acre: $25,000
  • Terms: Cash,Conventional
  • Location
  • Zip Code: 27807
  • Latitude: 35.751945
  • Longitude: -78.111369
  • Subdivision: Old Fields
  • City Limits: No
  • Lot
  • 12,409,808 sqft lot
  • 215 wooded acres
  • Lot Dimensions: 284.89 acres
  • 284.89 total acre
  • 70 cleared acres
  • Lot Description: Farm,Partially Cleared,Rural
  • Lot Water Features: Water Depth 4+
  • Topography: Cleared,Wooded,Rolling,Undeveloped
  • Possession
  • At Closing
  • Crop Retention
  • Property
  • Zoning: AR
  • Waterview
  • Bldgs on Property: None
  • Soil Evaluation: Soil Evaluation – No
  • Taxes
  • Tax Assessed Value: $302,029
  • Property Taxes: $790
  • City Tax Rate: 2682
  • Tax Year: 2022
  • Utilities
  • Electricity Connected
  • Electric Provider: Duke Energy
  • Fuel Tank: None

Property Map

$7,122,250 – S Nc 581 Highway, Bailey, NC 27807

Street View

Nearby Schools

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