Second Quarter 2014 Sales of Central North Carolina Horse Farms

The market in the Research Triangle area of North Carolina has been robust this quarter.  Homes in all price ranges are moving.  The hottest market is starter homes under $250,000.  For that price, you can get a tiny farm or one to fix up.  Here are some of the sales in Central North Carolina of working horse farms in the second quarter of 2014:

5920 Johnson Pond Road, Fuquay Varina, NC:  This unique property featured two small homes.  The main house was an old fashioned ranch which was tastefully updated with modern amenities.  The second home was a doublewide set off to the side to appear like any neighboring home.  There was a small greenhouse and a storage shed big enough to be used as a since garage or mower storage.  The barn was older yet serviceable, and horses currently occupied it.  It had three stalls and a tack room.  With 5 acres, this horse farm sold at $229,000.

846 Walter Bright Road, Sanford, NC:  This was a pretty home on ten acres of land with potential for a farm. The home has 2600 sq. ft. and pretty decor with bright colors.  The barn is an old wood barn with 4 stalls and a tack room.  The land needs fencing but there is enough space and grass for a small pasture.  This property sold for $324,900 in April.

6621 Ridge Spring Road, Zebulon, NC:  This Victorian home was built in 1990 with 3000 sq ft.  It sits on over nine acres of land and had plenty of lush pasture fenced with black four-board fence.  There is a two-horse run in in the pasture, and a small barn for storage.  The property sold for $460,000.

2350 Raintree Court, Clayton, NC:  This horse farm sold at $178,500.  The house had over 2100 sq. ft. and could use some new decorating , however the kitchen did have granite countertops.  The pasture was fenced with three board fence.  I would add a new run-in if it was mine.

3919 Raleigh Road, Clayton, NC:   Although this property was not horse-ready, it certainly had potential.  The historic house was modernized and was move-in ready, while keeping the character of a 180 year old home.  A detached garage and studio above added value to the property.  The 8 acre parcel was flat and grassy.  Horses would need some fencing and a run in.  It sold for $453,000.

1000 Hatley Road, Pittsboro, NC:  Also known as the Jordan Lake Equestrian Center, this farm had a working boarder barn with 14 stalls, center aisle, tack room, wash rack, and bathroom.  The home was more like a cottage; it was a good looking manufactured home with one bedroom.  There was a site on the 12 acre property for a home to be built.  The clean, well-kept facility sold for 460,000.

Would you like to know the value of your working horse farm?  Are you hoping to buy a farm and you would like someone spotting the good ones for you?  Call me at 919-303-3588, or email me at AnneCain@kw.com.  I would be happy to help you with your real estate needs.

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About A Cain

I am originally from New York State and moved to Pennsylvania for college and graduate school. My husband and I later lived in California and West Virginia, and then we were transferred to North Carolina. I learned to ride as an adult, in North Carolina. I have two horses now: one wild-and-wooly teenager who is learning from me, and one former race horse that has turned into a school master for me. They are both pretty sensible and great on trails, so we go everywhere. They live with me on my own North Carolina mini farm. I love to sit on my deck in the evening and watch them graze.
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