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Creekfront Residential Development Lot
For Sale
$178,000

940 Lightwood Drive, Newport, NC 28570

Land, Newport, NC

Property SizeContact for details
Lot Size3.26 Acres
Days on Market50

Property Features for 940 Lightwood Drive

General Information

Property type Land
Property subtype Other
Zoning R-20
Subdivision Riverwood
Lot features Cul-De-Sac, Dead End, Subdivided, Wetlands, Wooded, Creek, Navigable Water, River Access, Salt Marsh, Secluded
View Water
Elementary school Newport
Middle school Newport
High school West Carteret
Directions Hwy 70 East to Sam Garner Road. Over RR tracks, enters Riverwoods, 1st right onto Clayton Dr. Next right onto East Branch, to Lightwood Dr. Follow to end paved road - sign on property.
Standard status Active
APN 635701265489000
Lot size 3.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARCEL 1 THOMAS/CHRISTA LUPTON
Tax Annual Amount 530
Legal Description PARCEL 1 THOMAS/CHRISTA LUPTON

Utilities

Utilities Cable Available
Water front 1
Listing Agency: Big Rock Real Estate & Property Management
Listed By: Jennifer Harvell · License #202803
Added: Jul 3 Changed: Aug 19 Last Checked: Aug 21 at 5:06AM
MLS# 100586503

Copyright © 2026 Hive 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 is a single-family residential lot on navigable creekfront along the Newport River, offering a buildable area shown on a recorded survey. The property is wooded and has approximately 3.26 acres, with a prior permit that was issued in 2007 for a 3-bedroom, 3-bath home but is currently expired. Septic and well will require a new permit. The property also indicates that a private dock is possible, with tidal water depth.

The lot is located off Hwy 70, behind Garner Farms, which includes a fresh plants and vegetable farm. The listing notes utility easements are already in place and that hook-up access should be straightforward as the community is established. No HOA is stated, though Riverwoods includes covenants that are described as not enforced.

This site can fit buyers looking to build a custom single-family residence with water access on Newport River and a clear path to re-permitting for septic and well. Because the prior permit is expired, prospective buyers should plan for the permitting process to confirm final site design, including any dock considerations, and to align construction with the recorded survey’s buildable area. Appointments are required to view the property.

Key Highlights

  • Single‑family residential lot just over 3 acres on navigable creekfront of the Newport River
  • Previously permitted in 2007 for a 3BR, 3BA home; the permit is now expired and would need renewal
  • Wooded land will need a new permit for septic/well

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store

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

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 28570, NC

21,647
Population
10,819
Households
2
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
148.8 sq mi
ZIP Area
145
Density / Sq Mi
$69,018
Median Household Income
$36,753
Median Earnings
$951
Median Rent
$245,300
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?
Waterfront Land - Waterfront, wooded residential acreage with expired permit history and utilities/easements in place for a single-family home site.
Where is this waterfront land located?
The property is located at 940 Lightwood Drive Newport, NC.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: Single‑family residential lot just over 3 acres on navigable creekfront of the Newport River; Previously permitted in 2007 for a 3BR, 3BA home; the permit is now expired and would need renewal; Wooded land will need a new permit for septic/well
More about this property
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