Highlights
- Horses Allowed On Property
- Heavily Wooded Lot
- Pasture
- 116.56 Acre Lot
- No HOA
- Agricultural
About This Lot
As of March 2025117 acre farm located just outside of Stem in Granville County, NC. First time on the market, this farm has been in the same family for almost 50 years. It is hard to find a farm that offers so many different features, but this property has it all. The farm is located in southwestern Granville County, with easy commute to Durham and the Triangle (less than 10 minutes to I85). It has extensive road frontage (over 2,800 feet), good percable soils, 1 pond, 12 acres of fields, creeks, mature and growing timber. The topography is flat with some rolling hills on the southern end of the property.
Considering the location, soils and road frontage, this farm also has a lot of residential development potential. Or it would be an excellent estate property for someone that wants a large amount of acreage for hunting/recreation, but still easy commute to the Triangle.
The farm has been managed for timber production and contains two excellent stands of timber. The first stand contains 26 acres of 21-year old loblolly pine that has been thinned once and will be ready for second thinning in 2-4 years. The second stand is 70 acres and is located on the southern end of the property. It contains a mature stand of hardwood timber that can be harvested immediate for income. The farm is under Present Use Value for forestry, which provides the owners with reduced property taxes. This program can be assumed by a new owner to continue to save on property taxes.
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $318
Lot Details
- 116.56 Acre Lot
- Property fronts a state road
- Heavily Wooded Lot
- Many Trees
- Property is zoned AR-40
Schools
- West Oxford Elementary School
- Butner/Stem Middle School
- Granville Central High School
Farming
- Agricultural
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Grass Field
Utilities
- Well Required
- Septic Needed
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2348
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $1,340,417 | -9.9% | -- |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | Price Changed | $1,487,500 | -35.3% | -- |
| 07/26/2024 07/26/24 | For Sale | $2,300,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10043543
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