0.65-Acre

Discover a unique real estate opportunity in the peaceful and desirable area of Swansboro. This property offers approximately 0.65 acres of land and is being sold strictly AS-IS, presenting an ideal investment for buyers seeking land value, redevelopment potential, or a future homesite in a quiet setting. Please note that the camper currently on the property is not included in the sale. However, the boat and trailer located on the lot will be included if they remain on the property at the time of closing.

This property is priced primarily for the value of the land rather than the existing structure. The home has experienced significant deterioration over the years due to a lack of maintenance following a family member’s passing. Since approximately 2010, no one has been able to consistently care for the property, and as a result, the condition of the house has declined substantially. While everything was reportedly functioning in 2010, the current condition of the structure requires extensive evaluation by prospective buyers. The house may potentially be restored by a qualified contractor, but many buyers may determine that demolition and redevelopment represent the most practical path forward.

Situated on a spacious 0.65-acre parcel, the property provides plenty of room for a variety of future uses, subject to local zoning regulations and permitting requirements. The generous lot size offers flexibility for those looking to build a new residence, establish a private retreat, or create an investment property in a growing coastal region. The parcel benefits from a relatively level landscape and offers a rural atmosphere while remaining within reach of local amenities, shopping, dining, schools, and recreational opportunities that make the Swansboro area highly attractive.

The existing residence was originally built in 1961 and features approximately 942 square feet of interior living space. The home includes two bedrooms and one full bathroom. As currently configured, it is classified as a single-family residence. However, prospective purchasers should be aware that the structure exhibits extensive visible damage. Known issues include holes in the roof, damaged flooring, compromised walls, broken or missing windows, missing doors, deteriorated siding, and other defects that may require substantial repair or replacement. Because of these conditions, buyers are strongly encouraged to conduct their own inspections and due diligence before making a purchase decision.

Despite the challenges associated with the structure, the property presents several infrastructure-related features that may appeal to investors and builders. An existing well is located on the property. The current operational status of the well is unknown, and no guarantees are being made regarding its functionality. Buyers should anticipate conducting inspections and potentially performing repairs, upgrades, or replacement if they choose to utilize the well system in the future.

The property also contains an existing septic system. Similar to the well, the current condition and functionality of the septic system are unknown. No warranties or representations are being provided regarding its performance or compliance with current regulations. However, available information suggests that the land perks well, which could be beneficial for future septic-related considerations. Buyers should verify all information independently through appropriate inspections and consultations with local professionals.

For those considering alternative utility options, city water is available approximately one lot away from the property. Based on available estimates, extending city water service to the property may cost approximately $3,000, although actual expenses may vary depending on permitting requirements, contractor pricing, utility company policies, and site-specific conditions. Buyers should verify current costs and installation requirements directly with local utility providers and relevant authorities.

One of the most appealing aspects of this property is its location. Nestled on a private road, the property offers a sense of privacy and reduced traffic compared to busier public streets. The road operates under a Road Maintenance Agreement (RMA), meaning property owners along the road collectively participate in maintaining and caring for the roadway. This arrangement helps preserve access while fostering cooperation among neighboring property owners. Buyers should review the details of the Road Maintenance Agreement to fully understand any obligations, responsibilities, or associated costs related to road upkeep.

Swansboro is widely appreciated for its charming coastal atmosphere, welcoming community, and convenient access to outdoor recreation. Residents enjoy proximity to boating, fishing, water sports, parks, beaches, and scenic natural areas. The region continues to attract homebuyers, retirees, investors, and vacation property seekers who appreciate the balance between small-town charm and modern conveniences. As development opportunities become increasingly limited in desirable coastal regions, parcels offering substantial land value can become attractive long-term investments.

The property’s current tax-assessed value is approximately $35,620, and the annual property taxes are relatively modest at approximately $233 per year. These figures may be subject to change based on future assessments, ownership changes, and local government policies. Interested buyers should verify all tax information with the appropriate county offices during their due diligence process.

The home features electric heating and a composition roof, although the roof currently requires significant attention due to visible damage and openings. Exterior materials are listed as “Other,” and the property is not new construction. Given the age of the home and its current condition, purchasers should budget appropriately for repairs, rehabilitation, or removal of the structure if redevelopment is planned.

This offering is particularly well-suited for investors, contractors, builders, land buyers, and individuals seeking a project property. The value proposition lies primarily in the land itself, combined with the potential availability of existing infrastructure components such as the well, septic system, and nearby city water access. Buyers with vision may recognize opportunities that extend beyond the current condition of the home.

Potential uses for the property may include constructing a new custom residence, creating a weekend retreat, establishing a rental investment, or holding the land for future appreciation. Of course, all intended uses should be confirmed with local zoning authorities and planning departments before purchase. Buyers are encouraged to investigate building requirements, setback regulations, environmental considerations, utility access, and any other factors relevant to their intended plans.

The seller makes no representations regarding the condition of the home, well, septic system, utilities, or other improvements. The property is being offered in its present condition, and buyers should rely on their own inspections and professional evaluations. This is a true AS-IS sale, providing a rare opportunity for purchasers who are comfortable assessing redevelopment possibilities and undertaking the work necessary to maximize the property’s potential.

Whether you are searching for a redevelopment opportunity, a future homesite, or a land investment in a desirable coastal area, this 0.65-acre property deserves consideration. With generous lot size, potential utility options, private road access, and a location near the attractions of Swansboro, the property offers possibilities for those willing to look beyond the current condition of the existing structure.

If you have been searching for affordable land with room for improvement and future value potential, this property may be exactly the opportunity you have been waiting for. Bring your vision, conduct your due diligence, and explore the possibilities that this unique Swansboro property has to offer.

Lissted on Zillow