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Waterfront Land with Lake Access

197 Pearl Bay Drive, New London, NC 28127

For Sale
$85,000

Land, New London, NC

Property SizeContact for details
Lot Size0.94 Acres
Days on Market100

Property Features for 197 Pearl Bay Drive

General Information

Property type Land
Property subtype Other
Zoning description Resd
Subdivision Heron Bay
View Water
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Directions HWY 49, cross Tucker Town bridge turn right at the flashing yellow light onto Badin Lake Road bare left at the fork in the road, bare right into Heron Bay onto Raven Ridge, please call for an appointment as this is a gated community.
Standard status Active
APN 666208888923
Lot size 0.94 Acres

Taxes and HOA fees

Tax Description Lot 18
Legal Description Lot 18

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Badin Lake Realty
Listed By: Ramona Ingram · License NC #74529
Added: Aug 3 Changed: Aug 19 Last Checked: Nov 10 at 5:06AM
MLS# 4410942

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 0.94-acre waterfront parcel is located within Heron Bay, a gated community on Badin Lake. The lot is described as flat and is positioned near the community entrance. A pier is not permitted, and development will require a well and septic system.

Community amenities include a clubhouse available for owner-reserved activities, walking trails, pickleball facilities, a boat launch, and boat slips when available. Boat storage is also available. The property is approximately 1 hour from Greensboro and Winston-Salem, where major airports are located.

Key Highlights

  • 0.94‑acre flat waterfront lot on Badin Lake
  • Located in gated Heron Bay near the community entrance
  • No pier permitted

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Bar & Pub

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

9
Businesses Nearby

Demographics for 28127, NC

7,571
Population
4,690
Households
1.6
Avg Household Size
49
Median Age
17%
College-Educated
86%
High-School Grad
74.6 sq mi
ZIP Area
101
Density / Sq Mi
$78,382
Median Household Income
$39,919
Median Earnings
$853
Median Rent
$235,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat waterfront parcel in a gated Badin Lake community with walking trails, pickleball, and boating amenities.
Where is this residential land & home lot located?
The property is located at 197 Pearl Bay Drive New London, NC.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 0.94‑acre flat waterfront lot on Badin Lake; Located in gated Heron Bay near the community entrance; No pier permitted
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