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5570 Lancaster Store Road, Spring Hope, NC 27882

Spring Hope, NC 27882 · Nash County · Subdivision: Not In Subdivision

164 days on market
$1,250,000
Was $1,500,000
5570 Lancaster Store Road, Spring Hope, NC 27882$1,250,000Land & Acreage
1250000
ActiveLand / AcreagePrice Reduced
89.17 Acres
89.17 Acre LotSouthern Nash District

About This Property

This unique property offers a rare blend of natural beauty and development potential. The main tract features a serene pond, creating a peaceful focal point ideal for a private homesite, recreational use, or a small retreat. Surrounded by open space and natural scenery, the land provides a quiet setting while still allowing flexibility for future plans. Well and septic currently onsite for this portion. Directly across the street, the opportunity expands with five separate 1-acre parcels, each approved for road frontage and ready for residential construction. These lots are well-positioned for building, offering ample space for custom homes with room for privacy and outdoor living. While utilities are not yet installed, each parcel will require a well and septic system, giving buyers the freedom to design and implement systems that best suit their needs. Whether you're envisioning a personal estate complemented by additional homesites, or looking for a small-scale development opportunity, this property delivers versatility, space, and a desirable rural atmosphere. Please contact listing agent with any additional questions.

Price History & Market Timeline

Original List Price$1,500,000
Current List Price (Price Reduced)$1,250,000Reduced by $250,000

Land Details

TypeUndeveloped
Acreage89.170 acres
ZoningA 1
Current UseVacant, Recreational, Residential
Road SurfacePaved
WaterfrontNo
Parcel2862-00-07-4111u

Raw and recreational land generally does not qualify for standard USDA/FHA/VA residential financing — land loans typically require a larger down payment and shorter term. See the Land vs. Home Financing chapter for how that breaks down.

Tax & Assessment

Assessed Value$280,480
Annual Tax$148 (2025)
Monthly Tax Est.$12/mo

MLS# 100569257 · HIVE MLS via SourceRE · Last updated: August 21, 2026 at 1:23 AM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.