Multiple parcel opportunity (2 parcels available - see link to the adjoining second parcel (187 Clarence Alston Rd. listing here: https://tijyjohn.exprealty.com/property/31-10164622-187-clarence-alston-road-NC-27525).
This property (240 Clarence Alston Rd., Franklinton) is 5-acre rural homesite featuring an existing 3 bd, manufactured residence with immediate occupancy, rental potential, or future replacement build opportunity in desirable Franklin County countryside. The property is being sold ''AS-IS''.
This property offers flexibility for primary residence use, investment positioning, or phased estate development. The existing home provides functional living space while allowing buyers to expand, renovate, or construct a custom residence on the property. Generous acreage supports outdoor living, hobby farming, storage structures, and recreational uses.
Ideal for:
- Primary residence with acreage privacy
- Multi-generational living configuration
- Homestead or garden retreat
- Equipment storage, workshop, or hobby use
- Rental income or investment hold property
Adjacent parcel at 187 Clarence Alston Rd available for purchase, offering the opportunity to assemble an additional ~23.5 acres for a total of 28.5 contiguous acres for estate expansion, additional homesite development, or long-term land control in a rapidly expanding region north of Wake County, while offering the space and freedom of Franklin County living.
Buyer to verify zoning, utilities, septic, and permitted uses.
For sale
$324,000
240 Clarence Alston Rd, Franklinton, NC 27525
4beds
2,052sqft
Manufactured Home
Built in 2002
5 Acres Lot
$315,800 Zestimate®
$158/sqft
$-- HOA
What's special
Acreage privacyFunctional living spaceMulti-generational living configurationHomestead or garden retreat
- 128 days
- 1,047
- 61
Zillow last checked:
Listing updated:
Listed by:
Bud Benson 919-422-8399,
eXp Realty, LLC - C,
Tijy John 617-548-5433,
eXp Realty, LLC - C
Source: Doorify MLS,MLS#: 10164788
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Laundry Room, Sink, Washer Hookup
Features
- Eat-in Kitchen, Walk-In Closet(s), Bathtub/Shower Combination
- Flooring: Carpet, Laminate
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 2,052
- Total interior livable area: 2,052 sqft
- Finished area above ground: 2,052
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Exterior features: Private Yard, Storage
- Pool features: Other
- Fencing: Back Yard,Wire
Lot
- Size: 5 Acres
- Features: Agricultural, Wooded
- Residential vegetation: Wooded
Details
- Additional structures: Other, Storage
- Parcel number: 035340
- Zoning: FCO AR
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Ranch
- Property subtype: Manufactured Home
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Electricity Connected, Water Connected, Septic Connected
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Franklinton
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $203,963
- Annual tax amount: $1,318
- Date on market: 5/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Road surface type: Dirt, Unimproved
Estimated market value
$315,800
$300,000 - $332,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $324,000$158/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,318 +0.4% | $203,963 |
| 2024 | $1,313 +10% | $203,963 +63.7% |
| 2023 | $1,194 +0.8% | $124,558 |
| 2022 | $1,184 0% | -- |
| 2021 | $1,184 +0% | -- |
| 2020 | $1,184 +0.9% | -- |
| 2019 | $1,174 +27% | $124,558 |
| 2018 | $924 | $124,558 +43.1% |
| 2017 | $924 | $87,050 |
| 2016 | $924 | $87,050 |
| 2015 | $924 +7.7% | $87,050 |
| 2014 | $858 | $87,050 |
| 2013 | -- | $87,050 |
| 2012 | -- | $87,050 -10.8% |
| 2011 | -- | $97,570 |
| 2010 | -- | $97,570 |
| 2009 | -- | $97,570 |
| 2008 | -- | $97,570 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 27525
Nearby schools
Schools provided by the listing agent
- Elementary: Franklin - Louisburg Elementary
- Middle: Franklin - Franklinton Middle School
- High: Franklin - Franklinton High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





