New London · New London, NC
36984 B&C Carter Road
New London, NC · 2,860 sqft
$1,150,000
Reduced from $1,300,000
- 3Beds
- 1.5Baths
- 2,860SqFt
- 1965Year
- 381Days on market
About this home
This unique property spans 29.98 acres across 5 parcels and offers a mix of residential and agricultural. Features include a 3 bedroom, 1 and a half bath main residence a barn with horse stalls, a separate building for miniature horses, an events venue, a church (needs a new roof and a lot of work inside), and a beautiful pond. A portion of the land is currently being farmed by a neighboring farmer, and the sellers request he be allowed to harvest his crops after closing. Ideal for equestrian use, events, or investment. Some of these uses will require a special use permit, due to the zoning. It's suggested buyers look into this prior to purchase for intended uses. Zoning Ordinance available upon request. Sold AS-IS with all furnishing and personal property on the property(excluding the tractor if it's still there) Air Conditioning replaced in Farmhouse July 2025. The building opposite the event center needs a new roof and is not safe to enter. There is an right of way easement coming into the property allowing the neighbor access to their home as well as access to this property. An unwritten agreement that splits costs to maintain into thirds with 2/3 paid by this property and 1/3 paid by the neighbor to avoid land lock.
Property details
- Beds
- 3
- Baths
- 1.5
- SqFt
- 2,860
- Lot
- —
- Year built
- 1965
- Type
- Single Family
- Days on market
- 381
- Garage
- 2
- Heating
- Oil
- Cooling
- Heat Pump
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$8,463/ month
- Principal & interest
- $7,122
- Property tax (~1.05%)
- $1,006
- Homeowners insurance
- $335
- HOA dues
- —
Down payment
$57,500 down · $1,092,500 financed
Income to qualify (28% rule)
~$362,740 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.