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24ac Bay Road, Wallace, NC 28466
$202,500
Property Type:
Land
Lot Size (sq. ft.):
1,087,693
Status:
Closed
Current Price:
$202,500
List Date:
9/24/2025
Last Modified:
12/03/2025
Description
This nearly 25-acre property in Pender County offers the rare combination of cleared farmland, wooded buffers, and build-ready homesites. The tract is split by Bay Road, with just over 5 acres on the south side—about an acre and a half already open—and roughly 19 acres on the north side, where 12 acres are currently in row crops. This land has a long history of producing soybeans, corn, and tobacco, and the soils—Norfolk, Goldsboro, and Rains—are known for their versatility in farming and homesteading. What sets this property apart is that it is no longer just raw land. The prior buyer secured three septic permits and well permits, creating immediate opportunities for multiple homes. That makes this an excellent option for anyone looking to establish a family compound, farmstead, or small community with room for livestock, horses, or gardens. The larger tract borders a creek at the rear, where some Special Flood Hazard area is present, but most of the property sits high and dry at about 68 feet above sea level. The mix of cleared fields and wooded acreage also provides privacy, habitat, and space for a range of uses—whether you want to continue row crop production, set up a bona fide farm, or design a homestead with room to grow. The seller will not divide the parcels—both sides of Bay Road are being offered together. This is a chance to purchase usable, permitted land in Pender County with flexibility for farming, multi-home living, or long-term investment. Call a REALTOR® who understands land to learn more and see what makes this tract stand out.
More Information MLS# 100491988
Contract Info
Delayed Marketing?: No
Sub-Type: Agriculture
List Price/Acre: 9010.81
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2025-03-03
Listing Price: 225000
Current Price: $202,500
Location Information
City Limits: No
Marketing City: Wallace
Secondary Subdivision: N/A
Street #: 24ac
Street Name: Bay
Street Suffix: Road
County: Pender
State/Province: NC
Zip Code: 28466
Subdivision: Not In Subdivision
Geo Lat: 34.701996
Geo Lon: -78.069404
Remarks and Showing
Sign on Property: Yes
Directions to Property: I40 to Exit 390 for Wallace - LEFT on Hwy 117 and go 1/2 mile and turn LEFT on NC-11 - Go straight for about 5 miles and turn LEFT on Bay Road - Property on both sides of the road
Property Exterior Info
Acres - Total: 24.97
Acres - Cleared: 13
Acres - Wooded: 11
Lot SqFt: 1087693
Deed Restriction: No
Waterfront: No
Total Road Frontage: 460
Waterview: No
Location Type: Mainland
Horses Y/N: Yes
Legal and Taxes
Tax Assessed Value: 68483
Deed Book: 311
Deed Page: 2263
Legal: 24.97 ACRES SR 1301, BOTH SIDE
Broker Owner: No
PID: 2374-98-3029-0000
Tax Identifier: 2374-98-3029-0000
Plat Book: 0
Plat Page: 0
Special Assessments: none
Deferred Taxes: No
Tax Year: 2023
Zoning: Rural Ag
HOA: No
Cobra Zone: No
Elementary School: Penderlea (K-8)
High School: Pender High
Current Use
Agricultural: 1
Bldgs on Property
None: 1
Soil Evaluation
Soil Evaluation - Yes: 1
Topography
See Remarks: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Farm Credit: 1
Will Not Divide: 1
See Remarks: 1
Fuel Tank
None: 1
Environmental Hazard
No: 1
Lot Description
Farm: 1
Rural: 1
See Remarks: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Utilities
Electricity Available: 1
Sewer
Septic Permit On File: 1
Water Source
Well: 1
Status Change Info
Under Contract Date: 2025-10-28
Sold Price: $202,500
Sold Date: 2025-12-03
Property Features
Current Use: Agricultural
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - Yes
Topography: See Remarks
Fuel Tank: None
Environmental Hazard: No
Lot Description: Farm; Rural; See Remarks
Utilities: Electricity Available
Sewer: Septic Permit On File
Water Source: Well
Terms: 1031 Exchange; Cash; Conventional; Farm Credit; Will Not Divide; See Remarks
Listing Office:
Coldwell Banker Sea Coast Advantage
IDX
Last Updated: December - 03 - 2025
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