Property profile

500 Weston Rd Creswell, NC 27928

OFF-MARKET
Land
8,372 SF Built 1984
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Year built 1984
Total area 8,372 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque

Location

500 Weston Rd Creswell, NC 27928
Creswell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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