Listing Agency: JOHN CHRISTIAN LUXURY REAL ESTATE j***@johnchristianluxury.com Show Phone

Listed By: JOHN BECK · License #299544

Source: Corcoran

Added: Feb 11, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:23AM

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Investment Insights

Based on property information with market context.

This 2.05-acre waterfront lot offers long-range views. Riprap has been installed. Located in the private Sailor's Rest Community, the gently sloping lot is dock eligible with Cube Hydro. A 4-bedroom permit is on file. According to the Restrictive Covenants, only homes built "on-site" can be used as a residence; however, the Committee may approve rare exceptions depending on the style and character of the structure after written application. This property is suitable for building a dream home.

Key Highlights

• Long range waterfront views
• Expansive 2.05 acre lot
• Dock eligibility with Cube Hydro

Property Analytics

Property Profile

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

161

Businesses Nearby

Explore this area Business Placement

Demographics for 27292, NC

39,337

Population

18,749

Households

2.1

Avg Household Size

44

Median Age

17%

College-Educated

85%

High-School Grad

144.0 sq mi

ZIP Area

273

Density / Sq Mi

$54,468

Median Household Income

$34,776

Median Earnings

$831

Median Rent

$193,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Waterfront Land - 2.05-acre waterfront lot with riprap and dock eligibility.

Where is this waterfront land located?

The property is located at 245 Sailors Rest Drive Lexington, NC.

What is the asking price?

The asking price for this property is $474,000.

What are key features of this property?

This property features: Long range waterfront views; Expansive 2.05 acre lot; Dock eligibility with Cube Hydro