NOT LISTED FOR SALE

2885 Sloop Point Loop Rd Hampstead, NC 28443

Estimated Value: $1,266,000 - $2,113,371

3 Beds
3.5 Baths
5,160 Sq Ft
$353/Sq Ft Est. Value

Last Sold April 01, 2025

Last sale price $2,025,000 $392 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $10,275/month

199 Days on Market

Highlights

  • Horses Allowed On Property
  • In Ground Pool
  • Pond View
  • North Topsail Elementary School Rated 10
  • Home fronts a creek
  • 14.65 Acre Lot

About This Home

As of April 2025

This property is turn-key and ready for you and your horses! Breakwater Farm has been the center of action for all levels of riders. It hosted summer riding camps for children and provided lessons and clinics to riders of all ages year round. Competitive show jumpers trained and boarded their horses here in preparation for the Winter Equestrian Festival in Wellington FL and other events nation-wide. The opportunities to re-start a business at this farm are endless. The property is in the heart of a residential area in Hampstead, just minutes from the Intracoastal Waterway and 10 miles to Topsail/Surf City. The Sloop Point Marina and Wildlife boat ramp are just minutes down the road offering world class boating and fishing access. The +/- 14.65 acre property boasts a beautiful home that is over 5100 square feet with a salt water pool and its own practice putting green. The spaces in this home are perfect for entertaining and showcase beautiful woodworking throughout, stone fireplaces, and solid stone counters in the kitchen. There are three barns with 36 stalls, a large covered round pen, and a 120x270 arena that is perfect for training any equestrian discipline. In addition to the main home, there is a guest house on the property called the Hitching Post that is great for guests, a farm manager or even an Airbnb! Looking for equestrian neighbors? The famed Capall Creek Farm is just a few minutes away.

Last Agent to Sell the Property

Joy Donat

Landmark Sotheby's International Realty License #240843 Listed on: 07/19/2024

Landmark Sotheby's International Realty

Last Buyer's Agent

Sheri McDermott

RE/MAX Essential License #251097

RE/MAX Essential

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 14.65 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a marsh
  • Vinyl Fence
  • Decorative Fence
  • Electric Fence
  • Level Lot
  • Property is zoned RP

Property Views

  • Pond
  • Creek or Stream

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 5,160 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Log Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Partially Finished Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Additional Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Access to marsh
  • Pond
  • Enclosed Patio or Porch
  • Outdoor Gas Grill

Schools

  • North Topsail Elementary School
  • Topsail Middle School
  • Topsail High School

Farming

  • Farm
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 42147357370000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Trash Collection: None Available, Private Service
  • Road Frontage Type: Creek Front, See Remarks, Pond Front, Marsh Front
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 3+
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Pantry, Gas Logs, Kitchen Island, Ceiling - Vaulted, 9Ft+ Ceilings
  • List Price per Sq Ft: 581.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 5160.00
  • Total Heated Primary Separate Sq Ft: 5160.00

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Electric, Vinyl, Metal/Ornamental
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Porch, Enclosed
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Additional Parking, Paved, Off Street, Garage Door Opener, Concrete, Attached, Asphalt

Utilities

  • Cooling System: Central, Zoned, Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace(s), Heat Pump
  • Utilities: Sewer Connected, Well Water, Water Connected
  • Water Heater: Propane
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 2109.00
  • Lot Acres: 14.65
  • Lot Description: Farm, Pasture, Horse Farm, Level
  • Lot Dimensions: irregular
  • Lot Sq Ft: 638154.00
  • Lot Water Features: Pond on Lot, Salt Marsh
  • Zoning: RP
  • Lot View Type: Creek View, Marsh View, Pond View

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: 42147357370000
  • Tax Year: 2023

MLS Schools

  • Elementary School: North Topsail
  • High School: Topsail
  • Middle School: Topsail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Mar 27, 2025
Sold by
Breakwater Farm Llc
Bought by
2885 Sloop Point Loop Road Llc
Seller's Agent
Joy Donat
Landmark Sotheby's International Realty
Buyer's Agent
Sheri McDermott
RE/MAX Essential
List Price
$3,299,000
Sold Price
$2,025,000
Premium/Discount to List
-$1,274,000
-38.62%
Views
70
Current Estimated Value
$1,820,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$204,907
Avg. Annual Appreciation
-13.77%

Purchase Details

Listed on
Jul 19, 2024
Closed on
Feb 14, 2025
Sold by
Breakwater Farm Llc
Bought by
Covington Jarrod C
Seller's Agent
Joy Donat
Landmark Sotheby's International Realty
Buyer's Agent
Sheri McDermott
RE/MAX Essential
List Price
$3,299,000
Sold Price
$2,025,000
Premium/Discount to List
-$1,274,000
-38.62%
Views
70

Purchase Details

Closed on
Aug 30, 2022
Sold by
Falls Creek Farm Show Horses Llc
Bought by
Breakwater Farms Llc

Purchase Details

Closed on
Oct 10, 2019
Sold by
Smith Kevin J and Smith Amy
Bought by
Falls Creek Farm Show Horses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,250
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2013
Closed on
Apr 1, 2014
Sold by
Pierce Jimmy A
Bought by
Smith Kevin J and Smith Amy
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$1,800,000
Sold Price
$1,425,000
Premium/Discount to List
-$375,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2885 Sloop Point Loop Road Llc -- None Listed On Document
2885 Sloop Point Loop Road Llc -- None Listed On Document
Covington Jarrod C $423,500 None Listed On Document
Covington Jarrod C $423,500 None Listed On Document
Breakwater Farms Llc -- --
Falls Creek Farm Show Horses Llc $1,815,000 None Available
Smith Kevin J $1,425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falls Creek Farm Show Horses Llc $1,361,250
Previous Owner Smith Kevin J $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $2,025,000 -32.5% $392 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
09/17/2024 09/17/24 Price Changed $2,999,000 -9.1% $581 / Sq Ft
07/19/2024 07/19/24 For Sale $3,299,000 +131.5% $639 / Sq Ft
04/09/2014 04/09/14 Sold $1,425,000 -20.8% $277 / Sq Ft View Prior Sale
02/01/2014 02/01/14 Pending -- -- --
08/21/2013 08/21/13 For Sale $1,800,000 -- $350 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

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
2024 $8,535 $901,100 $242,260 $658,840
2023 $7,722 $901,100 $242,260 $658,840
2022 $7,722 $901,100 $242,260 $658,840
2021 $7,722 $901,100 $242,260 $658,840
2020 $7,722 $859,970 $201,130 $658,840
2019 $7,379 $859,970 $201,130 $658,840
2018 $7,038 $731,054 $96,810 $634,244
2017 $7,038 $731,054 $96,810 $634,244
2016 $6,965 $731,054 $96,810 $634,244
2015 $6,860 $731,054 $96,810 $634,244
2014 $5,413 $731,054 $96,810 $634,244
2013 -- $731,054 $96,810 $634,244
2012 -- $731,054 $96,810 $634,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100455665

Hive MLS

APN: 4214-73-5737-0000