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Land with Redevelopment Potential
For Sale
Under Contract
$239,000

719 & 899 Mchone Drive, Old Fort, NC 28762

LAND - Old Fort, NC

Property SizeContact for details
Lot Size15.00 Acres
Days on Market316

Property Features for 719 & 899 Mchone Drive

General Information

Property type Land
Property subtype Other
Lot features Hilly, Level, Rolling Slope, Creek/ Stream, Wooded
Elementary school Old Fort
Middle school West McDowell
High school McDowell
Directions GPS will get you there
Standard status Active Under Contract
APN 0770-00-41-3679
Lot size 15.00 Acres

Taxes and HOA fees

Tax Description See attached deed
Legal Description See attached deed

Utilities

Water source Well
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Ashley Payne · License #231978
Added: Oct 8, 2025 Changed: Jul 29 Last Checked: Aug 19 at 9:06AM
MLS# 4305162

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.

Investment Insights

Based on property information with market context.

This property presents an opportunity for investors, builders, or developers to reimagine a unique 15-acre piece of land. The site includes existing infrastructure and multiple possibilities for redevelopment. There are three separate structures on the property: a site-built home dating back to the 1900s, a singlewide, and a gutted doublewide. These structures have been inhabited at different times, suggesting the presence of utility connections. The structures are being sold strictly as-is, at no assigned value, and entry is strongly discouraged unless at your own risk. Having had only two owners throughout its history, this property offers a clean slate with potential for creative vision and long-term return. It is located in Old Fort, North Carolina, in McDowell County. This is a chance to secure land with existing improvements already in place, suitable for a build, redevelopment project, or investment portfolio.

Key Highlights

  • Rare opportunity for redevelopment or investment.
  • Land with existing infrastructure and multiple possibilities.
  • Three structures present (house, singlewide, gutted doublewide).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Bed & Breakfast Department Store Hotel & Motel

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

8
Businesses Nearby

Demographics for 28762, NC

6,661
Population
3,544
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
95.5 sq mi
ZIP Area
70
Density / Sq Mi
$52,269
Median Household Income
$38,920
Median Earnings
$757
Median Rent
$176,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Unique land opportunity with existing infrastructure for redevelopment or investment.
Where is this land located?
The property is located at 719 & 899 Mchone Drive Old Fort, NC.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Rare opportunity for redevelopment or investment.; Land with existing infrastructure and multiple possibilities.; Three structures present (house, singlewide, gutted doublewide).
More about this property
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