2180 Nc 304,
Bayboro NC, 28515
Description
Have you ever dreamed of developing an affordable tract of waterfront property? Are you the type who can appreciate the exciting opportunity of a partially-built residential project 25 minutes from New Bern? Look no further!! On a tranquil tributary of the Bay River, this is a true ''Diamond in the Rough'', which. although daunting in appearance to the conventional waterfront shopper, is an investment opportunity for the intrepid builder/investor. The property consists of two tracts. Lot 1 (see survey) is 2.18 acres with a ca. 1970 former residential structure of approximately 1500 sq. ft. which is flood-damaged and currently uninhabitable. It has over 65' on Raccoon Creek and shares 576'+ of a navigable canal with the adjoining Lot 2.Lot 2 holds the key to the true dimensions of this property's potential... 3.08 acres of land and 322+ of Raccoon Creek frontage, softened by a splendid marshland fringe. Already built on the site is a partially-completed effort to construct a tri-plex. Built in 2006, dried-in, and targeted towards a high-end market of fishing enthusiasts. Consequently, the building is elevated gracefully and highly above a concrete parking area designed to permit folks to park their fully-outfitted fishing boats under the structure! The windows are Andersen and the roof is of a dimensional shingle. The extent of property damage is unknown due to the current inability to enter the structure. Consider the possibilities! Perhaps the building could be re-configured into a luxurious single-family home with a guest wing? Maybe finish the tri-plex? How about a base for a fishing business with apartments? A place for your unique business, while you build a home in lieu of the old house on Lot 1? For only $89,900.00, you can affordably enjoy all the exciting potential this rare property offers!
Details
| MLS# | 100208744 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 314 |
Features
| Zoning | None |
|---|---|
| Acreage | 5.26 |
| Water Front | Yes |
| Property View | Yes |
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| Area Information | |
|---|---|
| State | NC |
| County | Pamlico |
| City | Bayboro |
| Zip Code | 28515 |
| Area | Pamlico |
| Community Name | Not In Subdivision |
| Listing VS Median (in Not In Subdivision) | |
Price: $89,900 low | high Med: $169,000 On Site: 314 low | high Med: 326 | |
MLS Number: 100208744Listing Provided By:
CHRIS MACHLE of TIDEWATER REAL ESTATE INC