536 Magnolia School Road Washington, NC 27889

This scenic property, just under 33 acres, is located within minutes of downtown Washington, NC, but outside city limits. It features a 9-acre clear water pond and is ideally suited for numerous uses. Extensive due diligence indicates the property is well-positioned for future development. Environmental reviews show no significant concerns, and the regulatory standing is clear. Initial infrastructure and planning steps have already been completed. The site has potential for recreational or RV park development. A pro-forma completed in 2025, a feasibility study done in 2024, a topographic survey, a wetlands determination from the Army Corps of Engineers (including approximately 10 acres recently converted from wetlands to usable land), and a letter from the North Carolina Department of Environmental Quality stating that there are no active permits or violations and that a previous sand mine permit has been closed are available. There are no zoning restrictions, providing flexibility for future use. A temporary electric pole was installed in August of 2025 to support site activities. The property is suitable for building an estate with views of the water, a tiny-home community, or a hobby farm.