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338 Federal Lane

Scranton, NC 27875

3 beds
2 baths
2,048 sqft
~6 acre lot
$334 per sqft
2015 build
– on site

**HUGE PRICE REDUCTION!** Great waterfront property for sale on the Pungo River. This unique 5.6 acre property is a must see. Located in ''The Preserve'' subdivision this 2048 sq. ft. home has unbelievable views of the Pungo river and Pamlico sound. The home has three bedrooms and one full bath and two half baths. All appliances are fairly new with a spacious kitchen and dinning area that face the river. The home is heated and cooled with five mimi-split systems so each area of the home can be controlled as needed. The water source is a solar powered well with a Kinetico system installed. There is a newly installed in-ground pool that really adds a nice touch. There is an unfinished area under the house that has been closed in that could be used for a shop plus a room has been added for overflow of guest if needed. The property shoreline is bulkheaded with rip-rap and has a cement cover cap plus a nice cement pier with boathouse and boat lift giving easy access to the river and sound. An outside shower has been recently added by the foot of the pier. The seller has just built a 30' X 40' shop with plenty of room to store boats and outdoor equipment.The lot were the house is has been built up high enough to decrease the threat of flooding.This property is being ''SOLD AS IS'' due to health issues. There are some finishing touches that are needed such as baseboards, crown moulding, etc. The seller plans on finishing as much as possible but will be very limited on what he will be able to do.

Listing courtesy of HIVE / United Country Respess Real Estate

Last checked: Checking… • Last updated Nov 19, 2024 •

MLS# 100460453 —

The Building

Year Built:

2015
Construction:

Block, Wood Frame
Construction Type:

Stick Built
Exterior Finish:

Fiber Cement
Roof:

Composition
Attic:

Stairs - Pull Down
Basement:

None
Foundation:

Pilings
Handicap Accessible:

Accessible Approach with Ramp
Exterior Features:

Outdoor Shower
Patio and Porch Features:

Balcony, Open, Deck
Green Building Certify:

None
Stories/Levels:

Two
Stories:

2.0
SqFt - Heated:

2,048 Sqft

Interior

# Rooms:

7
Interior Features:

Kitchen Island, Walk-in Shower, Workshop
Dining Room Type:

Combination
Flooring:

Carpet, Vinyl, Laminate
Fireplace:

None
Laundry Features:

Hall

Location

Directions to Property:

Heading E on Hwy. 264 from Belhaven turn right onto SR 1154 then left onto Sladesville-Credel Rd. Turn right onto Loop Rd. and then right onto Mackleyville Rd. Turn left on Sandy Point Rd. and go to the end and turn left onto Federal Lane. Property will be on the right. Look for sign.
Location Type:

Mainland
City Limits:

No

The Property

Lot #:

26
Subtype:

Single Family Residence
Property Type:

A
Lot SqFt:

243,936 Sqft
Lot Dimensions:

Irregular
Lot Features:

Open
Lot Water Features:

Boat Dock, Pier, Bulkhead, Boat Lift
Waterfront:

Yes
View Type:

ICW View, River View, Sound View
Water View:

Yes
Zoning:

1
Horses:

Yes
Horse Amenities:

None
Other Structures:

Boat House, Shower, Workshop
Fencing:

Partial, Vinyl
Acres Total:

5.60
Frontage Type:

ICW Front, River Front
Road Type/Frontage:

Maintained, Unpaved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Property Taxes:

$2,422.04

Beds

Bedrooms:

3

Baths

# Baths - Total:

3.00
# Baths - Full:

1
# Baths - Half:

2

Heating & Cooling

Heating:

Other-See Remarks
Heated SqFt:

2000 - 2199
Cooling:

See Remarks
Fuel Tank:

None

Utilities

Utilities:

Septic On Site, Well Water
Water Heater:

Solar

Appliances

Appliances/Equipment:

Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In

The Community

Subdivision:

The Preserve
On-Site Pool/Spa:

In Ground
HOA and Neigh Amenities:

Maint - Comm Areas, Maint - Roads
HOA: Association Fee 1/Year:

200.00
HOA:

Yes

Parking

Garage & Parking: Driveway Spaces:

2.00
Parking Features:

Gravel

Monthly cost estimate

Asking price

$685,000

Expense	Monthly cost
Mortgage	$3,667
Taxes	$201
Insurance	$188
Utilities	$136 See report
Total	$4,192/mo.^*
	^*This is an estimate

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Air Pollution Index

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Sale history

Date	Event	Source	Price	% Change
11/19/24 Nov 19, 2024	Price Changed	HIVE	$685,000	-8.7%
8/12/24 Aug 12, 2024	Listed / Active	HIVE	$750,000

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This house located in NC 27875 is currently for sale for $685,000. 338 Federal Lane is a 2,048 square foot house with 3 beds and 2 baths that has been on Estately for 132 days.

Listing Courtesy of: HIVE and United Country Respess Real Estate.

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