0 Old Ferry Rd Roanoke, NC 27850
Estimated payment $26,595/month
Highlights
- 43 Acre Lot
- Wooded Lot
- No HOA
About This Lot
A once-in-a-generation opportunity has surfaced in Lake Gaston's most coveted location: 43 acres of prime waterfront land in the heart of the highly desirable Northeast Quadrant. Comprised of two contiguous parcels, this property stands as one of the last remaining large-scale, undeveloped tracts in the area—and it's packed with potential. Whether your vision is a landmark private estate, a luxury home community, or a thoughtfully planned townhome development, this land offers the ideal canvas for something truly exceptional.Positioned just 5 to 10 minutes from Lake Gaston's most frequented and beloved local businesses, including Watersview Restaurant, , Lake Gaston Coffee, Jenny Cakes Bakery, grocery stores, and marinas, the property's location is unmatched. The Northeast Quadrant has long been the most sought-after section of the lake and continues to be the epicenter of growth, value, and lifestyle appeal. With a high concentration of full-time residents, refined lake homes, and consistent infrastructure development, this quadrant remains the gold standard for lakefront living at Lake Gaston. In 2006, preliminary soil studies and a 13-lot concept plan were completed and are available in MLS for review, along with a detailed soils map. While the original layout was never finalized, it provides a strong foundation for modern development planning and a concept to build off of. The land itself is mostly wooded with favorable topography, making it well-suited to various site plans, building styles, and density configurations. There's ample space to execute a range of visions—from a gated estate community to a low-density, luxury townhome project or even a private multi-home family compound.With demand for refined lakefront living continuing to surge and available land becoming increasingly scarce, this tract is one of the last of its kind in this quadrant of the lake. The long-term appreciation outlook is strong, particularly given the market's track record and the continued popularity of Lake Gaston among both vacation buyers and full-time residents.Whether you're a developer aiming to launch a flagship community or an investor looking for a long-term hold in a rising market, this is the rare kind of opportunity that checks every strategic box.Serious inquiries are encouraged. Contact myself or my team to schedule a private, confidential tour and discover firsthand the scope, beauty, and potential of this extraordinary offering. It's not just the next opportunity—it's possibly the last of its kind in Lake Gaston's most prestigious location.For even more info or to check out our video go to .
Property Details
Property Type
- Land
Est. Annual Taxes
- $104
Lot Details
- 43 Acre Lot
- Property fronts a state road
- Cleared Lot
- Wooded Lot
Schools
- Vaughan Elementary School
- Warren Middle School
- Warren High School
Utilities
- Septic Needed
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | For Sale | $4,800,000 | +4979.4% | -- |
09/09/2020 09/09/20 | Sold | $94,500 | -4.5% | -- |
07/21/2020 07/21/20 | Pending | -- | -- | -- |
06/18/2020 06/18/20 | For Sale | $99,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10091691

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