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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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515 Walker Ave , Norlina, NC 27563
$1,350,000
Est. Payment: $6,956.83/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 142
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

±71.81-acre Planned Unit Development (PUD) opportunity with concept plans approved by local authorities. The property is positioned for a large-scale, mixed-product residential community designed for phased development with integrated public recreation connectivity. Phase One is planned to back directly to Town of Norlina-owned property, where redevelopment of the municipal pool is anticipated, along with a ball field, pickleball courts, and playground. These town amenities are designed to connect seamlessly into Phase One, enhancing community integration and long-term residential appeal. Phase One includes 8 duplexes, 78 detached single-family homes of varying sizes (some with garages), 65 townhomes, 2 quad-flex units, and 6 multifamily buildings, along with a self-storage facility as an income-producing component. Additional features include an internal roundabout for traffic circulation, a pond with picnic shelter and open-air non-denominational chapel, a workplace/shop building, community center and café, pocket parks, open green space, walking and running trails, sidewalks, and ample parking. Phase Two expands the development with 4 duplexes, 92 detached single-family homes, 48 townhomes, 3 quad-flex units, and 8 multifamily buildings, along with two additional ponds, expanded self-storage, and a dog park. The site offers two primary access points from Walker Avenue, includes existing farm roads and open fields, and features predominantly flat topography across approximately 71.81 acres. City water and sewer are available to service the development, and per GIS, none of the property lies within a flood zone. The PUD concept has been approved by local authorities, providing a structured framework for phased residential development with diverse product types and integrated community amenities. Property is in the ETJ. NOTE: Public water and sewer may have to be run to the property at the developer's expense. Check with the Town. NOTE: Lot lines on pictures are not survey lines. They are only estimates based on public data.

Highlights

Listed by James Hutson , 252-915-2311 Ninja Realty , 252-226-0992. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
71.81

County

Warren

Neighborhood

Not in a Subdivision

Listing ID

10148641

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Other

Exterior Features

Lot Dimensions:See Plat
Zoning:A-R
Sewer:Other
Principal Interest
$6,957
Taxes
$241

Home Price

$1,350,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$270,000
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:
$6,956.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,956.83 $241.06 $0.00 $7,197.89
Yearly $83,481.94 $2,892.77 $0.00 $86,374.71
Total $2,504,458.05 $86,783.10 $0.00 $2,591,241.15

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-01T19:26:35.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina