Property profile

328 Cellars Way Wallace, NC 28466

FOR SALE
Residential land & home lots
Property ID
US53-2823458
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Property summary

AI-generated overview

This 0.48-acre lot sits at the end of a cul-de-sac in The Vineyards section of the gated River Landing community. Located near the edge of the neighborhood with a wooded buffer behind it, this lot is not in a special flood hazard area and offers public water, sewer, and underground utilities already in place. Minimum home size is 1,400 sq ft for single-story or 1,200 sq ft on the first floor of a two-story home. There's no required timeframe to build, making this a great buy-and-hold or build-when-ready opportunity. Annual HOA dues of $1,515 include trash removal, streetlights, road maintenance, and care of common areas, all within a well-maintained, secure setting. River Landing features two 18-hole golf courses, a clubhouse with dining, fitness and recreation facilities, pools, and pickleball and tennis courts, with membership options to fit your lifestyle. The adjoining lot is also available—combine the two for nearly an acre of space and added flexibility for your home design.

Property profile

Verified
Property type Residential land & home lots
UPID US53-2823458

Cap rate & NOI

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

Location

328 Cellars Way Wallace, NC 28466
Wallace 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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More about this property
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