$400,000
4 Beds
3 Baths
SqFt
2.80 Acre Lot
121,967 Sqft Lot
Status Active
Property Type Stick/site Built
Year Built 1996
Neighborhood Wildwood Acres
Days on Website 22

Property Map

$400,000 – 795 Murray Drive, Salisbury, NC 28146

Street View

Courtesy of Lantern Realty & Development.

Description

Rare find on high rock lake 2.8 ac. Property is a fixer upper and could be the perfect live in flip. Estimated $40k in updates/repairs depending on what you do. ARV $480k-$490k. No repairs will be made to the property by the seller. Per AIRDNA short term rental could bring $233/night with a conservative 57% occupancy rate. That’s allowing for 10 guest and no use of the dock. The potential here could be greater. Property could potentially be sub divided into 2 other lots. Inspection report and pest inspection in attachments.

Property Details and Features

Lot

  • Acres Range: 3 – 3
  • Lake
  • Lake Front
  • Lake View
  • Lot Dimensions: 510X369X204X160.5

Home Owner’s Association

  • Association: Winston-Salem
  • Home Owners Assoc YN: 0

Basement

  • Basement YN: 1
  • Finished Basement YN: 1
  • Basement
  • Heated Finished Basement Sq Ft R: 700 – 1000

Bathrooms

  • Baths Full: 3
  • Baths Half: 0
  • Baths Total: 3
  • Full Baths Lower: 1
  • Full Baths Main: 1
  • Full Baths Upper: 1
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0

Bedrooms

  • Beds Total: 4

House

  • Built Information: Existing
  • Heated Finished Main Sq Ft Range: 800 – 1100
  • Heated Finished Second Sq Ft Ran: 400 – 600
  • Heated Finished Sqft Basement: 869
  • Heated Finished Sqft F Main: 960
  • Heated Finished Sqft Second: 498
  • Story Number: 2
  • Total Heated Finished Sq Ft: 2,327
  • Total Heated Finished Sq Ft Rang: 2000 – 2500
  • Year Built: 1996

Location

  • City: Salisbury
  • County Or Parish: Rowan
  • Directions: Take exit 81 for Long Ferry Rd, 0.4 mi, Turn right onto Long Ferry Rd, 5.4 mi, Turn left onto Rendleman Rd 292 ft, Turn right onto Murray Dr, Destination will be on the left
  • Postal Code: 28146
  • Postal Code Plus 4: 1470
  • State Or Province: NC
  • Street Name: Murray
  • Street Number: 795
  • Street Number Numeric: 795
  • Street Suffix: Drive
  • Subdivision Name: Wildwood Acres

Cooling

  • Central

Miscellaneous

  • Deed Restriction YN: 1
  • Fixture Exception YN: 0

Listing

  • DOM: 7
  • List Price: 400,000
  • List Type: Exclusive Agency
  • Price Per Acre: 142,857
  • Property Sub Type: Stick/Site Built
  • Property Type: Residential
  • Status: Active
  • Typeof Sale: Owner Sale

Exterior Features

  • Boat Ramp
  • Deck

Heating

  • Fireplace
  • Heat Pump
  • Electric

Fireplaces

  • Num Fireplaces: 1

Parking

  • Driveway

Utilities

  • Septic

Water

  • Private
  • Electric

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