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Sold for $1,875,000
  • $1,875,000

    500 Tremont Street, Southern Pines, NC 28387

    2beds
    1,162sqft
    Single Family Residence
    Built in 1999
    15 Acres Lot
    $1,616,300 Zestimate®
    $1,614/sqft
    $1,855 Estimated rent

    Home value

    $1,616,300

    $1.20M - $2.07M

    $1,855/mo

    Zestimate® history
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    What's special

    Fair oak farmWash stallTack roomManicured landscapingNew roofFeed roomLarge covered deck
    WELCOME TO FAIR OAK FARM - THE HEART OF SOUTHERN PINES HORSE COUNTRY. A charming gated equestrian Hunt Box on 15 beautiful acres. Enjoy the manicured landscaping, paddocks and equestrian amenities. Explore on horseback for hours through an extensive trail system. The newly renovated 2br/2ba apartment with wood-burning stove, kitchen/living area, office and large covered deck with hot tub overlook your paddocks. The grounds are well managed utilizing extensive engineered drainage & water diversion systems. The fabulous 18-stall barn was converted to 13 stalls (creating several oversized stalls) new roof, wash stall, tack room with laundry and kitchenette, and feed room. Ride year round in the new 80x140 covered arena with lights, kickwall & irrigation. There is also a grass training/jumping field with 20mx60m dressage arena. Ride from the farm to Walthour-Moss Foundation, Hunt Field, Weymouth State Park. There are multiple paddocks with run in sheds and a tractor shed. The owners performed extensive repairs and upgrades to the grounds, barn, apartment and tractor shed. There are several ideal areas on the farm for a new construction custom home. This is THE ideal setting for a private equestrian retreat and is an incredible opportunity as an income-producing training and boarding facilities with an on-site trainer. The quality, functionality, topography, location and beauty of Fair Oak Farm is an ideal setting for peace, tranquility and for living your dream. So close to Southern Pines amenities, veterinary services, shopping, restaurants. Expand your adventure into nearby Pinehurst - with Raleigh/Durham Airport just about 1 hr by car. There are multiple attachments to this MLS with personal property to convey, list of repairs and upgrades, all the features of Fair Oak Farm, trail map and more. Fair Oak Farm is a must-see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy L Castano 704-904-6619,

    Ivester Jackson Christie's

    Bought with:

    A Non Member

    A Non Member

    Source: Hive MLS,MLS#: 100405744MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom 1, Bedroom 2, Office
    Bedroom 1
    • Description: See Floor Plan / Measurements
    • Level: Upper
    • Dimensions: 9 x 13
    Bedroom 2
    • Description: See Floor Plan / Measurements
    • Dimensions: 9 x 11
    Office
    • Description: See Floor Plan / Measurements
    • Dimensions: 9 x 11
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Hot Tub, Wood Burning Stove, Workshop
    • Flooring: Bamboo, Laminate, Wood
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 1,162
    • Total interior livable area: 1,162 sqft

    Property

    Parking
    • Parking features: Additional Parking, On Site
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Open, Covered, Deck, Porch
    • Pool features: Pool/Spa Combo
    • Fencing: Other
    Lot
    • Size: 15 Acres
    • Dimensions: 327.92 x 1425.29 x 299.76 x 1504.13
    • Features: Open Lot, Horse Farm, Farm, Pasture
    Details
    • Additional structures: Covered Area, Corral(s), Shed(s), Barn(s), Storage, Workshop
    • Parcel number: 94000682
    • Zoning: RE
    • Special conditions: Standard
    • Other equipment: Generator
    • Horses can be raised: Yes
    • Horse amenities: Stable(s), Corral(s), Boarding Facilities, Hay Storage, Paddocks, Pasture, Riding Trail, See Remarks, Arena, Tack Room, Trailer Storage, Wash Rack, Barn

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • See Remarks, Fiber Cement
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    Green energy
    • Energy efficient items: Lighting

    Community & HOA

    Community
    • Subdivision: Horse Country
    HOA
    • Has HOA: No
    • Amenities included: Gated
    Location
    • Region: Southern Pines

    Financial & listing details

    • Price per square foot: $1,614/sqft
    • Tax assessed value: $574,600
    • Annual tax amount: $2,614
    • Date on market: 9/19/2023
    • Cumulative days on market: 95 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/16/2024Sold$1,875,000-3.8%$1,614/sqft
    Source: Hive MLS #100405744 Report a problem
    12/23/2023Pending sale$1,950,000$1,678/sqft
    Source: Canopy MLS as distributed by MLS GRID #4070861 Report a problem
    9/20/2023Listed for sale$1,950,000+11.4%$1,678/sqft
    Source: Hive MLS #100405744 Report a problem
    6/23/2023Listing removed--
    Source: Hive MLS #100362585 Report a problem
    12/24/2022Listed for sale$1,750,000$1,506/sqft
    Source: Hive MLS #100362585 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,500 -4.4%$574,610 +0%
    2023$2,614 -5.7%$574,600 +12.2%
    2022$2,773 -3.8%$511,980 +16.3%
    2021$2,883 +1.6%$440,120
    2020$2,839 $440,120
    2019$2,839 $440,120 -39.2%
    2018$2,839 -32.3%$723,440
    2017$4,196 $723,440
    2015$4,196 +2.7%$723,440 -37.3%
    2014$4,087 $1,153,650
    Find assessor info on the county website

    Neighborhood: 28387

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,616,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,616,300