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Lake Pines Multifamily Home for Sale

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    $599,900

    820 Ridge Rd, Fayetteville, NC 28311

    Prime Investment Opportunity on Ridge Road!Seize the perfect chance to start or expand your investment portfolio with this unique four-unit property! Featuring a mix of 3-bed/1-bath and 2-bed/1-bath dwellings across two parcels—both zoned residential—this property offers excellent potential for growth, including space to add two additional units if desired. Currently generating $3,500 in monthly

    CHASITY SKUSA EXP REALTY LLC

    820 Ridge Rd, Fayetteville, NC 28311

Why Live in Lake Pines

Lake Pines in Fayetteville, located just south of Fort Liberty, is a rural neighborhood known for its affordability and proximity to major roadways. The area features a mix of three-bedroom ranch homes with brick or wooden siding, split-level, and Colonial-inspired homes, as well as several mobile home parks. The neighborhood's streets are flat and wide, though they lack sidewalks, making them suitable for walking or biking. Mature trees provide shade in many yards, and some homes are accessible via dirt paths. Lake Pines is car-dependent, situated 5 miles northwest of downtown Fayetteville and 70 miles south of Raleigh. The recently expanded I-295 bounds the neighborhood to the north, connecting residents to I-95 and facilitating interstate travel. U.S. 401 forms the southern border, offering access to local amenities like Walmart Supercenter, Hardee’s, and Circle K. Murchison Road and Ramsey Street provide additional dining and shopping options, including local restaurants like Mary Lee & Mike’s Soul Food and ThighMeat Grill.

Recreational opportunities abound with Smith Lake Recreation Area offering hiking trails, a beach, fishing areas, and a disc golf course. College Lakes Park, 3 miles east, features a playground, walking track, and baseball fields, while College Lakes Recreation Center includes a pool, gym, and event spaces. The center hosts various community events and recreational groups throughout the year. Students in Lake Pines typically attend Cumberland County Schools, with E.E. Smith High School offering specialized programs like the Cumberland County Schools Fire Academy. While some parts of Lake Pines may be prone to flooding, the actual risk can vary due to changes in the local landscape.

Home Trends in Lake Pines, NC

Housing Trends

Median Sale Price
$215,000
Median Single Family Sale Price
$224,000
Median Townhouse Sale Price
$130,000
Average Price Per Sq Ft
$141
Number of Homes for Sale
11
Last 12 months Home Sales
77
Months of Supply
1.70
Median List Price
$215,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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