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For sale
  • $425,000

    1556 Farrow Fork Road, Engelhard, NC 27824

    3beds
    1,979sqft
    : 
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    Single Family Residence
    Built in 2004
    2.02 Acres Lot
    $397,800 Zestimate®
    $215/sqft
    $-- HOA

    What's special

    Waterfront retreatPrivate boat rampRear deckLarge storage buildingMultiple outbuildingsHistoric crab houseInviting screened front porch
    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.
    10 days
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    975
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    45
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janice Harris 252-473-8489,

    Lime Rock Realty,

    Maggie Bohannon 336-608-8871,

    Lime Rock Realty

    Source: Hive MLS,MLS#: 100581458MLS LogoOriginating MLS: Albemarle Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Dining Room, Living Room
      Heating
      • Propane, Gas Pack, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Microwave, Refrigerator, Dishwasher
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • Walk-in Closet(s), Whole-Home Generator, Blinds/Shades, Walk-In Closet(s)
      • Flooring: LVT/LVP, Laminate
      • Windows: Storm Window(s)
      • Basement: None
      • Attic: Access Only
      Interior area
      • Total structure area: 1,979
      • Total interior livable area: 1,979 sqft

      Property

      Parking
      • Parking features: Gravel, Concrete, On Site
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: One
      • Patio & porch: Porch, Front Porch, Rear Porch
      • Fencing: None
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Boat Ramp, Bulkhead, Canal Front
      • Frontage type: Canal Front
      Lot
      • Size: 2.02 Acres
      • Features: Boat Ramp, Bulkhead
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 5381 01
      • Zoning: Agricultural District
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Block, Raised, Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank, Shared Septic
      • Water: County Water
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Engelhard

      Financial & listing details

      • Price per square foot: $215/sqft
      • Tax assessed value: $344,871
      • Annual tax amount: $3,172
      • Date on market: 6/13/2026
      • Cumulative days on market: 11 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved
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        Estimated market value

        $397,800

        $378,000 - $418,000

        $1,216/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$425,000-4.5%$215/sqft
        Source: OBAR #133162 Report a problem
        4/2/2026Listing removed$445,000$225/sqft
        Source: Hive MLS #100504797 Report a problem
        1/1/2026Price change$445,000-1.1%$225/sqft
        Source: Hive MLS #100504797 Report a problem
        10/30/2025Price change$450,000-1.1%$227/sqft
        Source: Hive MLS #100504797 Report a problem
        6/24/2025Price change$455,000-1.1%$230/sqft
        Source: Hive MLS #100504797 Report a problem
        5/2/2025Listed for sale$460,000$232/sqft
        Source: Hive MLS #100504797 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,173 +145.2%$344,871 +178.5%
        2023$1,294 +16.8%$123,813
        2022$1,108 +12.6%$123,813
        2021$984 +3.2%$123,813
        2020$953 $123,813
        2019$953 -37.5%$123,813
        2018$1,526 $123,813 -13.2%
        2017$1,526 $142,658
        2016$1,526 $142,658
        2015-- --
        2014-- --
        2012-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 27824

          Getting around

          0 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Mattamuskeet
          • Middle: Mattamuskeet
          • High: Mattamuskeet

          Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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