Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Grassy Island Rd Ellerbe, NC 28338

    For Sale
    $224,500

    LAND - Ellerbe, NC

    Lot size:
    24.94 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 12 at 12:06 pm

    Property Features for Grassy Island Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    743700847513
    Lot size
    24.94 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    Anderson Real Estate (704) 694-5050 [email protected]

    Listing agent Dru Anderson (704) 690-0803

    Listing date Oct 15, 2025

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pee Dee River Recreational Land

    This 24.94-acre recreational property is located on the Pee Dee River and Blewett Falls Lake. It offers opportunities for deer, boar, and duck hunting, as well as fishing. The property features a gated entrance and a network of roads and trails. A septic improvement for a 4-bedroom home is already in place, and a 2021 survey is available. The property is situated on a high ridge overlooking the river, suitable for building a home or cabin. The Grassy Island Boat Ramp is located across the street, providing convenient boat launching and restroom facilities. The lake dam project temporarily reduced lake levels, leading to the growth of bushes in the cove in front of the property. Water levels have returned to normal for approximately one year, and the bushes are expected to gradually thin out. Any modifications to existing permits or additional permitting required for the buyer's intended use are the buyer's responsibility. This property presents a rare opportunity to own land on the Pee Dee River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Ellerbe
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.87331336
    Latitude
    35.0509799

    Nearby Similar for Sale

    • $300,000
      2,780 SF

      Ellerbe Multifamily Income Opportunity

      Quadplex and single-family home on 1.19 acres near downtown.
      138 Mcintosh St, Ellerbe, NC 28338
      View Details
    • $405,000
      1.84 Acres

      Ellerbe MHP: Prime NC Investment

      15-Pad Mobile Home Park, 7.43% Cap Rate
      113 Henderson Dr, Ellerbe, NC 28338
      View Details

    FAQs

    What type of property is this?
    Land - 24.94 acres on the Pee Dee River/Blewett Falls Lake.
    Where is this land located?
    The property is located at Grassy Island Rd Ellerbe, NC.
    What is the asking price?
    The asking price for this property is $224,500.
    What are key features of this property?
    This property features: - 24.94 acres on the Pee Dee River/Blewett Falls Lake; - Recreational property offering deer, boar, duck hunting and fishing; - Septic improvement for a 4 BR home
    (704) 690-0803
    Request Owner's contact information
    Grassy Island Rd Ellerbe, NC 28338
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Grassy Island Rd
    Ellerbe, NC 28338
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Grassy Island Rd Ellerbe, NC 28338
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.