$1,700,000
UNDER CONTRACT

1776 Walter Bowen Rd Henderson, NC 27537

Estimated payment $8,921/month

Total Views 8,448
3 Beds
3 Baths
4,760 Sq Ft
$357 Price per Sq Ft

Highlights

  • Barn
  • Private Lot
  • No HOA
  • Stables
  • Wood Flooring
  • Covered Patio or Porch

About This Home

This thriving property offers a unique blend of a profitable dog boarding & training business, equestrian facilities, & rental income—all on 7+ acres of expansion-ready land! The established dog business comes w/ a 5,000+ customer database, providing immediate cash flow & growth potential, while the neighboring kennel generates over $500K annually, proving strong market demand. The versatile setup includes a 3-stall barn, a 2-BR apartment, & a 1-BR accommodation above the barn, ensuring multiple revenue streams. Henderson’s booming 17% annual income & population growth make this a prime location for scaling the business—whether by expanding the kennel, adding equestrian services, or developing the land. The property is ideal for an owner-operator seeking a turnkey business or an investor looking for a high-yield asset w/ appreciation potential. With low competition, high demand, & room to grow, this is a rare chance to own a cash-flowing business in one of NC’s fastest-growing markets!

Listing Agent

Mike Morrell

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #271648 Listed on: 07/23/2025

Keller Williams Connected

Co-Listing Agent

Ola van Zyl

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #337382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Cleared Lot
  • Additional Parcels
  • Property is zoned AR

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • Circular Driveway
  • Parking Lot

Farming

  • Barn
  • Pasture

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Separate Entry Quarters
  • Stables

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0551-03020

Home Details

Home Type

Single Family

Est. Annual Taxes

$279

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Restrictions: No Representation
  • Restrictions Description: No representation
  • Second Living Quarters: Exterior Not Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 357.14
  • Geocode Confidence: High
  • Attribution Contact: mike@dreamteamunited.com
  • Special Features: 4224

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3135
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 947
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 4082
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 4760
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Other Structures: Barn(s), Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway, Parking Lot

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Pasture, Private
  • Lot Size Units: Acres
  • Parcel Number: 0551-03020
  • Zoning: AR
  • Horse Amenities: Stable(s)
  • Additional Parcels Description: 0551-03006A
  • Additional Parcels: Yes
  • Zoning Specification: AR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $279 $34,806 $30,850 $3,956
2024 $272 $34,806 $30,850 $3,956
2023 $538 $54,928 $25,668 $29,260
2022 $538 $54,928 $25,668 $29,260
2021 $538 $54,928 $25,668 $29,260
2020 $538 $54,928 $25,668 $29,260
2019 $964 $98,417 $69,157 $29,260
2018 $919 $98,417 $69,157 $29,260
2017 $919 $98,417 $69,157 $29,260
2016 $1,677 $205,507 $59,546 $145,961
2015 $3,174 $261,440 $107,641 $153,799
2014 $2,081 $250,131 $56,330 $193,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 For Sale $1,700,000 -- $357 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $831,000 None Available
Deed $21,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,850 Seller Take Back
Source: Public Records

About the Listing Agent

Mike Morrell

Keller Williams Connected

(252) 629-9092

Section Image

I've been in the "house business" for most of my life. Growing up, my mother was a real estate agent and my father was a general contractor — so it’s fair to say building and selling homes is in my blood. After serving in the Marine Corps, I knew I wanted a career that would allow me to use my discipline, drive, and passion for helping people. Real estate was a natural fit.
I started by selling construction materials to home builders while working part-time in real estate. Later, I

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4284567

Canopy MLS (Canopy Realtor® Association)

APN: 0551-03006A