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$895,000
New Listing

589 Stokestown Road
Wallace, NC 28466

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1,700
SqFt
$526
/SqFt
2026
Built
Subdivision:
Not In Subdivision
County:
Duplin
589 Stokestown Road589 Stokestown Road589 Stokestown Road589 Stokestown Road
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Monthly Payment (Est.)

$4,083
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

This incredible package includes a truly rare opportunity to purchase a 20 acre tract on Stokestown Road in Wallace featuring two brand new cottages, extensive development potential, and absolute freedom of use with no HOA or restrictive rules. The land has already been cleared and is ready to be transformed into pastures, gardens, or open recreational space, making it ideal for equestrian use, farming, or private rural retreats. None of this land is in a flood zone requiring insurance; All in X! The property includes four additional septic permits, allowing for the creation of a private family compound, retreat, rental community, or future subdivision. Duplin County has confirmed the tract can be divided into up to six lots without subdivision rules or has potential to be even more with your development plan, providing flexibility to sell homes individually, create buildable lots of any size or configuration, or develop a custom layout tailored to your vision. The seller will consider an allowance toward surveying and subdividing and may also consider selling a smaller portion of the property--reach out for details and with offers. The two never occupied cottages were just completed and offer quality construction with thoughtful design throughout. Each 2 bedroom, 1 bath home features luxury vinyl plank flooring throughout, quartz countertops, solid wood cabinetry, and beautiful cypress ceilings that add warmth and character. Both homes offer covered and uncovered porches and decks, extending the living space outdoors. Each cottage is fully equipped with brand new appliances, including washers, dryers, and refrigerators, making them completely turnkey and ready for immediate occupancy or rental use. Ideally located, the property is approximately 6 miles from the Interstate 40 on ramp at Exit 385 on NC 41, providing convenient east west access. Shopping, dining, and everyday conveniences in Wallace are just minutes from the property. Whether seeking a legacy estate, income producing opportunity, or long term investment with exceptional flexibility, this offering combines land, infrastructure, location, and freedom in a way that is increasingly difficult to find.

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Listing Snapshot
Price 
$895,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
20 Acres
Year Built 
2026
MLS® Number 
100566964
Status 
Active
Property Tax 
$401.94
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
20
Additional Property Use 
AgriculturalSingle FamilyResidentialFarmDevelopment
Available on 
2026-04-14
Foundation 
RaisedSlab
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
1700
Zoning 
na
Interior Features
Appliances 
Electric Water Heater
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl SidingFrame
Road Frontage 
City StreetState Road
Community Features
Association Amenities 
None
Financing Terms Available 
1031 ExchangeCash
Roads 
Paved
Listing courtesy of Dawn J Berard of Sold Buy the Sea Realty



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-04-14 10:03 PM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
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