338 Pedernales Dr, Smithfield, NC 27577

Opportunity awaits with this ranch situated on a rare 1.85-acre lot in Smithfield, with NO HOA. Located in the Arrowhead Pointe subdivision, this property offers significant value-add potential for investors seeking a renovation project with strong upside. The home is in need of updates and repairs, providing an ideal canvas for a full renovation, fix-and-flip, or long-term rental strategy. The expansive lot creates added opportunity for outdoor improvements, enhanced curb appeal, or storage solutions. The ranch-style layout supports efficient redesign possibilities, maximizing both livability and return on investment. Enjoy easy access to major highways, shopping, and dining, with a convenient commute to Raleigh and surrounding areas. With steady rental demand and continued growth throughout Johnston County, this property presents an excellent opportunity to capitalize on both short- and long-term investment strategies. Aerial photos have been enhanced to showcase the possible beauty of the property. Bring your best offer.