589 Stokestown RD, Wallace, NC 28466
589 Stokestown RD, Wallace, NC 28466
589 Stokestown RD, Wallace, NC 28466
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$895,000
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1,700 SqFt
New

589 Stokestown RD Wallace, NC 28466

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Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $526

Subdivision Not In Subdivision

MLS Listing ID 100566964

Style Wood Frame

HOA Y/N No

Year Built 2026

Lot Size 20.000 Acres

Acres 20.0

Lot Dimensions 490x795x529x800x145

Property Sub-Type Improved

Source Hive MLS

Property Description

This incredible package includes a truly rare opportunity to purchase a 20 acre tract on Stokestown Road in Wallace featuring two brand new cottages, extensive development potential, and absolute freedom of use with no HOA or restrictive rules. The land has already been cleared and is ready to be transformed into pastures, gardens, or open recreational space, making it ideal for equestrian use, farming, or private rural retreats. None of this land is in a flood zone requiring insurance; All in X! The property includes four additional septic permits, allowing for the creation of a private family compound, retreat, rental community, or future subdivision. Duplin County has confirmed the tract can be divided into up to six lots without subdivision rules or has potential to be even more with your development plan, providing flexibility to sell homes individually, create buildable lots of any size or configuration, or develop a custom layout tailored to your vision. The seller will consider an allowance toward surveying and subdividing and may also consider selling a smaller portion of the property--reach out for details and with offers.
The two never occupied cottages were just completed and offer quality construction with thoughtful design throughout. Each 2 bedroom, 1 bath home features luxury vinyl plank flooring throughout, quartz countertops, solid wood cabinetry, and beautiful cypress ceilings that add warmth and character. Both homes offer covered and uncovered porches and decks, extending the living space outdoors. Each cottage is fully equipped with brand new appliances, including washers, dryers, and refrigerators, making them completely turnkey and ready for immediate occupancy or rental use.
Ideally located, the property is approximately 6 miles from the Interstate 40 on ramp at Exit 385 on NC 41, providing convenient east west access. Shopping, dining, and everyday conveniences in Wallace are just minutes from the property. Whether seeking a legacy estate, income producing opportunity, or long term investment with exceptional flexibility, this offering combines land, infrastructure, location, and freedom in a way that is increasingly difficult to find.

Location

State NC

County Duplin

Community Not In Subdivision

Zoning na

Direction take exist 385 off 40 to highway 41; follow highway 41 to a right turn onto Deep Bottom Road then right onto Stokestown Road. Property is on the left.

Interior

Heating Electric

Flooring LVT/LVP

Exterior

Amenities Available None

Building

Lot Description Cleared2

Foundation Raised, Slab

New Construction Yes

Others

Tax ID 092435

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Sold Buy the Sea Realty
Nearby Locations

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Matt Jones

Matt Jones

Team Leader/Managing Broker | License ID: 280510

+1(336) 504-4078

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589 Stokestown RD