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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1556 Farrow Fork Rd , Engelhard, NC 27824
$419,900
Est. Payment: $933.11/mo
3 Bed
2 Bath
1979 Sqft
Status: Active | Days on site: 71
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House Description

Welcome to the Gator Hole, a rare waterfront retreat where endless possibilities meet the natural beauty of coastal Hyde County. Set on more than two acres, this one-of-a-kind property offers a unique combination of privacy, income potential, recreation, and multi-generational living opportunities. Whether you're searching for a private family compound, an income-producing investment, a hunting and fishing lodge, vacation retreat, or a combination of all four, The Gator Hole delivers exceptional flexibility with three separate residences and an impressive collection of outbuildings and amenities. The primary residence features 3 bedrooms and 2 baths, highlighted by a spacious owner's suite complete with a private office, ensuite bath, and dual walk-in closets. A welcoming foyer opens into expansive living and dining areas designed for gathering, entertaining, and making memories. Step outside to the rear deck and enjoy peaceful waterfront views, abundant wildlife, and the soothing sounds of nature that make every morning feel like a getaway. A second 3-bedroom, 2-bath home provides immediate income-producing potential and is currently utilized as a rental property. Guests and tenants alike will appreciate the inviting screened front porch--an ideal place to relax and enjoy the coastal breeze in any season. Adding even more versatility, a charming 1-bedroom, 1-bath manufactured home is tucked away at the rear of the property. Perfect as a guest cottage, short-term rental, caretaker's residence, private office, or personal retreat, this additional living space creates countless opportunities for owners and investors alike. Beyond the residences, The Gator Hole truly shines with amenities that are increasingly difficult to find. Launch directly from your own private boat ramp and enjoy quick access to the Pamlico Sound, renowned for world-class fishing, boating, waterfowl hunting, and outdoor recreation. Multiple outbuildings--including a large storage building, garage, and historic crab house--offer abundant space for equipment, hobbies, workshops, boat storage, or future creative uses. RV hookups further enhance the property's flexibility for guests, travelers, or additional income opportunities. From family gatherings and waterfront adventures to rental income and future development possibilities, The Gator Hole offers a lifestyle and investment opportunity unlike anything else on the market. This is more than a property--it's a coastal legacy waiting for its next chapter.

Highlights

Listed by Janice Harris , 252-473-8489 and Maggie Bohannon , 336-608-8871 Lime Rock Realty , 336-608-8871.

Property Type

Residential

Lot/Acreage
2.02

Year Built

2004

County

Hyde

Neighborhood

Not In Subdivision

Listing ID

100581458

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Built-In Microwave, Refrigerator, Dishwasher
Air Cond:Central Air
Fireplaces:
Floor:LVT/LVP,Laminate
Other:
  • Additional:Walk-in Closet(s), Whole-Home Generator, Blinds/Shades, Walk-In Closet(s)
Water:County Water

Exterior Features

Lot:Boat Ramp,Bulkhead,Canal Front,Fencing: None,Outside City Limits
Lot Dimensions:N/A
Garage Capacity:4
Zoning:Agricultural District
Roof:Architectural Shingle
Parking Features:Gravel,Concrete,On Site
Principal Interest
$933
Taxes
$268

Home Price

$419,900

Loan Details

30 yrs
%

Down Payment

20%
$83,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$933.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $933.11 $267.69 $0.00 $1,200.80
Yearly $11,197.33 $3,212.24 $0.00 $14,409.57
Total $335,920.00 $96,367.05 $0.00 $432,287.05

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Engelhard, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.