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    Old Blue Rd Ellerbe, NC 28338

    Pending
    For Sale
    $2,210,000

    LAND - Ellerbe, NC

    Lot size:
    340.00 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for Old Blue Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    A-R
    APN
    758104941464
    Lot size
    340.00 Acres

    Carolina Summit Group, LLC (910) 684-5353

    Listing agent Matthew Wimberly (910) 673-0001 License #254183

    Listing date Sep 5, 2025

    MLS# 100465935 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land in Ellerbe, NC

    This expansive property, encompassing 340 +/- acres across 9 parcels, is available for sale in Ellerbe, North Carolina. Situated in northeastern Richmond County, it is less than 18 miles from Pinehurst. The property benefits from frontage on NC Hwy 73 and visibility from the Interstate 73/74 exit. It features a diverse mix of timberland, farmland, hay production areas, and a pond, making it suitable for recreational activities and hunting. Current leases are in place for hay, farming, and hunting, which can be continued or terminated at the buyer's discretion. This property is suited for both investment and personal use, offering a range of possibilities across its acreage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Ellerbe
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.7524
    Latitude
    35.099

    Nearby Similar for Sale

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    • $405,000
      1.84 Acres

      Ellerbe MHP: Prime NC Investment

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    FAQs

    What type of property is this?
    Land - 340-acre property with timberland, farmland, and recreational potential.
    Where is this land located?
    The property is located at Old Blue Rd Ellerbe, NC.
    What is the asking price?
    The asking price for this property is $2,210,000.
    What are key features of this property?
    This property features: - Large 340 +/- acre property with diverse land types including timberland, farmland, and a pond.; - Excellent location with frontage on NC Hwy 73 and visibility from Interstate 73/74, less than 18 miles from Pinehurst.; - Investment potential with existing leases for hay, farming, and hunting.
    (910) 673-0001
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    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
    Old Blue Rd Ellerbe, NC 28338
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