Wedding Venue with Event
For Sale
$10,500,000
469 Posey Farm Road, Raeford, NC 28376
CommercialSale, Raeford, NC
Property Size30,000 SF
Lot Size16.11 Acres
Price / SF$350
Days on Market120
Property Features for 469 Posey Farm Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RA-20 - Residential Agricultural
Parking features
Parking Lot, Off Street
Subdivision
HOKE COUNTY
Lot features
Ten To Twenty Five, Cleared
Standard status
Active
APN
494650301225
Lot size
16.11 Acres
Taxes and HOA fees
Tax Description
A RAEFORD 4-178/5
Legal Description
A RAEFORD 4-178/5
Amenities
palm-lined entrance
pond
fountain
outdoor areas
Building Details
Year built
2023
Listing Agency:
CAROLINA SUMMIT GROUP #1
(910) 236-3030
Listed By:
HELEN BELL · License #252152
(910) 690-1065
Added: Apr 24
Changed: Aug 19
Last Checked: Aug 21 at 4:06PM
MLS# 761366
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Shahbain Farms & Event Center is a special-purpose wedding and event property comprising approximately 30,000 SF across a primary building and a smaller companion building. Both structures offer expansive interior layouts, while the grounds include a landscaped entry with palm trees, a pond, fountain, and additional outdoor areas. The site also provides on-site parking for high-capacity events.
Built in 2023, the property occupies 16.11 acres and is zoned RA-20. Its location near Fayetteville and Southern Pines adds regional accessibility for event operations and guests. The property is situated at 469 Posey Farm Road in Raeford, North Carolina.
Built in 2023, the property occupies 16.11 acres and is zoned RA-20. Its location near Fayetteville and Southern Pines adds regional accessibility for event operations and guests. The property is situated at 469 Posey Farm Road in Raeford, North Carolina.
Key Highlights
- Approximately +/- 30,000 SF across a main building and smaller secondary building
- 16.11‑acre special‑purpose event property
- Landscaped grounds with palm‑lined entrance, pond, fountain, and outdoor areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 28376, NC
43,160
Population
16,834
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
90%
High-School Grad
278.7 sq mi
ZIP Area
155
Density / Sq Mi
$61,793
Median Household Income
$40,858
Median Earnings
$1,091
Median Rent
$208,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - The property includes two buildings, landscaped grounds, a pond, fountain, and outdoor event areas.
Where is this wedding venue located?
The property is located at 469 Posey Farm Road Raeford, NC.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Approximately +/- 30,000 SF across a main building and smaller secondary building; 16.11‑acre special‑purpose event property; Landscaped grounds with palm‑lined entrance, pond, fountain, and outdoor areas
