Creekfront Farmland
For Sale
$699,000
Eli Olive, Smithfield, NC 27577
Land, Smithfield, NC
Property SizeContact for details
Lot Size12.48 Acres
Days on Market95
Property Features for Eli Olive
General Information
Property type
Land
Property subtype
Other
Zoning
RAG
Subdivision
Not in a Subdivision
Lot features
Agricultural, Hardwood Trees, Level, Private, Wooded
Elementary school
Johnston - Princeton Elementary
Middle school
Johnston - Princeton Middle High
High school
Johnston - Princeton Middle High
Standard status
Active
APN
04N14195T
Lot size
12.48 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
77/408
Tax Annual Amount
820
Legal Description
77/408
Utilities
Utilities
Electricity Available
Water source
Well Needed
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 720-4217
Listed By:
Thomas Torkelson
(919) 633-7425
Added: May 18
Changed: Aug 19
Last Checked: Aug 20 at 12:06AM
MLS# 10168020
Copyright © 2026 Doorify 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 creekfront farmland tract totals 12.48 acres, with approximately 4.5 acres cleared and currently in agricultural use. The cleared areas feature light sandy soils with a history of producing peanuts, hay, and other field crops. The remaining acreage is wooded with mixed hardwoods, muscadine vines, and abundant wildlife, providing a natural setting and additional options for building placement. The property is bordered on three sides by flowing creek water and is protected by a 50-foot riparian buffer.
Located just outside Smithfield in Johnston County, the tract offers convenient access to Princeton, Pine Level, and Smithfield via a lightly traveled road that has been recently improved. The property also has 673 feet of road frontage, supporting straightforward entry and planning for a future driveway and homesite layout. Zoning is listed as RAG.
Designed for buyers seeking land versatility, this parcel supports a range of residential and farm-focused uses, including a custom home overlooking open fields or a more secluded site within the mature hardwoods. According to the listing, there is no HOA and no restrictive covenants beyond a prohibition on manufactured homes. With productive farmland, mature timber, and multiple potential homesites, it offers a practical combination of livable acreage and long-term land value drivers.
Located just outside Smithfield in Johnston County, the tract offers convenient access to Princeton, Pine Level, and Smithfield via a lightly traveled road that has been recently improved. The property also has 673 feet of road frontage, supporting straightforward entry and planning for a future driveway and homesite layout. Zoning is listed as RAG.
Designed for buyers seeking land versatility, this parcel supports a range of residential and farm-focused uses, including a custom home overlooking open fields or a more secluded site within the mature hardwoods. According to the listing, there is no HOA and no restrictive covenants beyond a prohibition on manufactured homes. With productive farmland, mature timber, and multiple potential homesites, it offers a practical combination of livable acreage and long-term land value drivers.
Key Highlights
- 12.4+ acre tract outside Smithfield in Johnston County with 673 ft of road frontage
- Bordered on three sides by flowing creek water with a 50‑foot riparian buffer
- About 4.5 acres cleared and in agricultural use, producing peanuts, hay, and other field crops
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 27577, NC
24,972
Population
10,744
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
82%
High-School Grad
103.7 sq mi
ZIP Area
241
Density / Sq Mi
$56,237
Median Household Income
$39,604
Median Earnings
$802
Median Rent
$230,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Creek-bordered acreage with cleared farm fields, mature timber, and multiple homesites, plus road frontage for convenient access.
Where is this agricultural land / farmland located?
The property is located at Eli Olive Smithfield, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 12.4+ acre tract outside Smithfield in Johnston County with 673 ft of road frontage; Bordered on three sides by flowing creek water with a 50‑foot riparian buffer; About 4.5 acres cleared and in agricultural use, producing peanuts, hay, and other field crops
