Offering up to $10,000 in concessions on select homes in Peyton’s Ridge. View all available homes here.

Sr #1123 Lots #1 #3, #4, #5 State Rd 1123

Chocowinity, NC

Price $242,900
Acreage 6.27

Status: Active

Lot #: Lots #1 #3, #4, #5

MLS#: 100508162

Description

Reference: Tract I North, Lots # 1, 3, 4, 5 Park Like Setting, with ample Seclusion and Solitude: Deeded Waterfront (151') Access on the Pamlico River /Chocowinity Bay, in perpetuity, for all heirs and assigns. This 6.27 acres hill, with multiple homesites are incredibly well drained, with these prospective homesites existing on high ground with all of the property lines to the south, west and north, draining to boundaries that traverse this tract. Seller will guarantee 8 bedrooms, onsite or offsite if absolutely necessary; Covenants of not more that two legal pages will be written and agreed upon with buyer, allowing prospective buyer(s) conditional flexibility on how to use this most functional plateau of perfectly drained ground. Common Ground, administered by a community corporation, will be plentiful, and allocated /deeded to said community corporation in increments as development progresses. Common corporate ground will be used for, but not limited to: tens of miles of nature trails for humans and horses; community gardens and nurseries; waterfront access on the Pamlico River /Chocowinity Bay /Calf Creek; waterview event space. This secluded hill is surrounded on may sides either non developed, and common ground with thousands of acres of corporate forest land (highest and best use to grow trees) , which not only creates a park like setting of solitude, but also is a grand buffer to negative external economic impacts to the property values, and this property is planned for certain economic growth due to location and the sudden popularity of eastern NC, and its tremendous water resource in counties such as Beaufort County, a county blessed with abundant waterfront and a variety of waterways of multiple rivers and creeks. Including all waterfront and water resources, Beaufort County is the 5th largest county of all 100 counties in NC. Beaufort County is thought to have the more water frontage than any other county in NC.

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