Stem, NC 27581,0 Range Road
Listed by Carolina Forestry & Realty
Bought with Non Member Office

$1,340,417

$1,487,500

9.9%
Est.Price: ?

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Est. payment /mo

116.56 Acres Lot


SOLD DATE : 03/07/2025

Key Details

Sold Price $1,340,417

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10043543

Sold Date 03/07/25

HOA Y/N No

Originating Board Triangle MLS

Annual Tax Amount $318

Lot Size 116.560 Acres

Acres 116.56

Property Sub-Type Unimproved Land

Property Description

117 acre farm located just outside of Stem in Granville County, NC. First time on the market, this farm has been in the same family for almost 50 years. It is hard to find a farm that offers so many different features, but this property has it all. The farm is located in southwestern Granville County, with easy commute to Durham and the Triangle (less than 10 minutes to I85). It has extensive road frontage (over 2,800 feet), good percable soils, 1 pond, 12 acres of fields, creeks, mature and growing timber. The topography is flat with some rolling hills on the southern end of the property.

Considering the location, soils and road frontage, this farm also has a lot of residential development potential. Or it would be an excellent estate property for someone that wants a large amount of acreage for hunting/recreation, but still easy commute to the Triangle.

The farm has been managed for timber production and contains two excellent stands of timber. The first stand contains 26 acres of 21-year old loblolly pine that has been thinned once and will be ready for second thinning in 2-4 years. The second stand is 70 acres and is located on the southern end of the property. It contains a mature stand of hardwood timber that can be harvested immediate for income. The farm is under Present Use Value for forestry, which provides the owners with reduced property taxes. This program can be assumed by a new owner to continue to save on property taxes.

Location

State NC

County Granville

Zoning AR-40

Direction From Stem, NC: Take Old Hwy 75 towards Durham. Turn right on Range Rd and go 2.7 miles to sign and gate on the right.

Exterior

Utilities Available Electricity Available, Phone Available

View Y/N Yes

Present Use Agricultural,Farm,Hunting,Pasture,Timber

Street Surface Paved

Private Pool No

Building

Lot Description Agricultural, Hardwood Trees, Many Trees, Pasture

Faces From Stem, NC: Take Old Hwy 75 towards Durham. Turn right on Range Rd and go 2.7 miles to sign and gate on the right.

Sewer Septic Needed

Water Need Well

Schools

Elementary Schools Granville - West Oxford

Middle Schools Granville - Butner/Stem Middle

High Schools Granville - Granville Central

Others

Tax ID 2348

Special Listing Condition Standard

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Doorify MLS / Triangle MLS
agent
Jamechia Burton

Broker In Charge | License ID: 299699

+1(919) 449-5901 | jamechia@luxlivingrealty.com

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