North Carolina Land for Sale

Lake Gaston Property

441 Acres, Warren County, North Carolina

Description

441 acre waterfront development property for sale on Lake Gaston. This is one of the last remaining large, undeveloped properties located on the south side of the lake. The property features 4,000± feet of lake front (mostly main lake frontage), 3,300 feet of frontage along Peete Farm Road (state road), county water and well-managed timber with an approximate value of $350,000. An existing gravel road and 60' easement travels along the eastern boundary, providing access to the back of the property. Underground electricity is installed along the road. The soil-types include sandy-loams that normally perc well. The property also includes several streams and springs, gently rolling topography, a four-acre field and transmission line. Minimal deed restrictions (see link).

The property is located on the south side of the lake, about five miles from Interstate 85, and about an hour to Raleigh.

Property Features

  • 441.17 acres by recorded survey
  • 4,000± feet of frontage on Lake Gaston
  • Mostly main lake frontage, some cove frontage
  • 3,300 feet of frontage on Peete Farm Road
  • County water along Peete Farm Road
  • 60' easement with gravel road
  • Under ground electricity installed along the gravel road
  • Well-managed timber with an approximate value of $350,000
  • Mostly well-drained sandy-loam soils
  • Soil-types that normally perc well
  • Gently rolling topography, several streams and springs
  • Easy access to Interstate 85
  • About an hour to Raleigh
  • Four acre field along Peete Farm Road
  • Minimal deed restrictions
  • Small portion of property extends into Mecklenburg County, VA

Distances

  • 5 miles to Interstate 85
  • 15 miles to Eaton Ferry
  • 17 miles to Littleton
  • 22 miles to Henderson
  • 50 miles to Wake Forest
  • 58 miles to Raleigh

Timber Stands

  • 29 acres of mature hardwoods along the lake
  • 114 acres of 1980's pine plantation
  • 104 acres of 1998± pine plantation
  • 56 acres of 1 year old pine plantation
  • 81 acres recently clearcut
  • Remainder in stream margins, old home site area

Directions

From Wise-Five Forks Road: Go north on Peete Farm Road 2.0 miles to the property on the right.

Enter your starting address:

Uses

Waterfront development, timber investment

Coordinates

36.527463, -78.097170

Price

$3,500,000

Property Video
(play full screen for best quality)

Property Photographs
(click thumbnails to view full size images)

Disclaimer: Information taken from reliable sources and thought to be correct. Potential buyers should perform their own due diligence and verify all information.