500 Weston Rd, Creswell, NC 27928
This exceptional 68.5-acre estate in Creswell, North Carolina, presents a unique investment opportunity. The property boasts two substantial homes: a 5,500+ sq ft main residence with 8 bedrooms and 6 bathrooms, and a 2,800 sq ft secondary home featuring 8 bedrooms and 3 bathrooms. Both homes include large kitchens and ample living space. In addition to the residences, the property includes a 480 sq ft office building, a 2,000 sq ft metal barn, and three smaller storage barns, providing versatile storage and workspace. Approximately 44 acres of the land are timberland, with potential for timber harvesting. Remnants of trails suggest opportunities for hunting or recreational paths. The property's size and layout lend themselves to a variety of uses, including a self-sustaining hobby farm, a large family compound, or a unique hospitality venture. With over 900 feet of road frontage on Weston Rd and convenient proximity to US Highway 64 E (3.5 miles), this location offers both seclusion and easy access to major transportation routes. Raleigh is approximately two hours away, Greenville is an hour and twenty minutes away, and the Outer Banks are less than an hour away. The property was formerly used as a center for troubled teens, offering a history of community support. Built in 1984, the property is listed at $825,000 and has an APN of 7767.00-21-3048. The property is zoned as "No Zoning". This expansive estate offers boundless potential for a discerning buyer seeking a unique and versatile property in a tranquil rural setting.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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