$1,850,000
SOLD AUG 7, 2025

337 Velvet Rd Semora, NC 27343

2 Beds
4.5 Baths
3,912 Sq Ft
1.21 Acres

Recently Sold

$473 Per Sq Ft

6 Days on Market

Highlights

  • Boathouse
  • Docks
  • Boat Ramp
  • 160 Feet of Waterfront
  • Guest House
  • Boat Lift

About This Home

As of August 2025

It started with a dream: waking up to the sound of water gently lapping at the shore, sipping coffee on a screened-in porch while the sun rises across the lake, and ending each day under the stars, sharing stories and laughter with the people who matter most.

This fully furnished dream home became reality in 2021, when a stunning lakefront home was thoughtfully crafted to blend luxury, comfort, and connection with nature with 2 bedrooms and 3 sleeping rooms

From the moment you arrive, the quality is unmistakable. The driveway is paved, the roads smooth, and the curb appeal undeniable. A 3-car detached garage welcomes you, and just above it, a 986 sq ft fully equipped guest suite stands ready — perfect for visitors, in-laws, or income potential.

Step into the main home, where engineered white oak floors guide you through a bright, open layout. The gourmet kitchen sparkles with quartz countertops and a 6-burner GE gas stove, inviting slow Sunday breakfasts and lively dinner parties alike. Two primary suites on the main level offer private retreats, complete with heated bathroom floors — a small luxury that becomes essential once you've experienced it.

Every detail has a story: custom railings designed to reflect the landscape outside, composite decking that resists time and weather, and EV charging outlets ready for the road ahead.

Downstairs, the lake lifestyle continues with a fully finished lower level — doubling your space to nearly 4,000 sq ft. Whether it's games, movie nights, or a quiet space to write your next chapter, there's room for it all.

Outside, the double-slip dock has been completely renovated. Step onto the water with ease, launch your boat for a sunset cruise, or simply sit and breathe in the peace of it all. And yes — the boats and toys could be yours too. And let's not forget the mancave.

This home isn't just a place. It's a feeling. A rhythm. A way of life.

And now, it's waiting for you. No restrictions and STR are allowed

Last Agent to Sell the Property

Terri Reynolds

West & Woodall Real Estate - S License #215502 Listed on: 06/25/2025

Last Buyer's Agent

Terri Reynolds

West & Woodall Real Estate - S License #215502 Listed on: 06/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,129

Year Built

  • Built in 2021

Lot Details

  • 1.21 Acre Lot
  • 160 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • 6 Open Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Permanent Foundation
  • Metal Roof
  • Board and Batten Siding
  • HardiePlank Type

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Gas Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on main level
  • Washer and Dryer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Outdoor Shower
  • Leased Waterfront
  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Boathouse
  • Docks
  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Woodland Elementary School
  • Northern Middle School
  • Person High School

Utilities

  • Dehumidifier
  • Central Air
  • Heat Pump System
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic Tank
  • Private Sewer

Community Details

  • Association fees include road maintenance
  • Bolton Road Association, Phone Number (919) 523-2699
  • Pcla Association
  • Hyco Lake Subdivision
  • Maintained Community
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 9959-04-91-6712.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,129

Year Built

Built in 2021

Lot Details

0

HOA Fees

$76 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, Waterfront
  • Road Frontage Type: Private Road, See Remarks
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Hyco Lake
  • Above Grade Finished Sq Ft: 1956.0
  • Architectural Style: Arts & Crafts
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Flooring Hardwood: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Other Structures Outbuilding: Yes
  • General Property Information Association Phone: 919-523-2699
  • Laundry Features In Hall: Yes
  • Other Structures Workshop: Yes
  • Basement Heated3: Yes
  • In-Law Suite Details Separate Entry: Yes
  • General Property Information Association Name 2: PCLA
  • Water Softeners: Yes
  • In-Law Suite Details Separate Building: Yes
  • Other Structures Guest House: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • General Property Information Water Frontage Length2: 160.0
  • General Property Information Monthly Association Fees2: 903.0
  • General Property Information Spa YN: No
  • Lot Water Features Water View: Yes
  • In-Law Suite Details With Kitchen: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 1956.0
  • General Property Information Below Grade Finished Area: 1956.0
  • General Property Information Carport YN: No
  • Common Walls No Common Walls: Yes
  • Foundation Details Permanent: Yes
  • Other Equipment Dehumidifier: Yes
  • Other Structures Boat House: Yes
  • Waterfront Access Leased Frontage: Yes
  • Frontage Type Lakefront: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 52707.6
  • Roof:Metal2: Yes
  • Sewer Private Sewer: Yes
  • General Property Information Lot Size Acres: 1.21
  • Frontage Type Waterfront4: Yes
  • Architectural Style Arts Crafts: Yes
  • Lot Water Features Boat Dock2: Yes
  • Lot Water Features Boat Lift: Yes
  • General Property Information Stories2: 1
  • Lot Water Features Boat Ramp: Yes
  • General Property Information Waterfront YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Quartz Counters, Second Primary Bedroom, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry
  • Private Spa: No
  • Appliances: Bar Fridge, Built-In Gas Range, Dishwasher, Gas Water Heater, Instant Hot Water, Refrigerator, Washer/Dryer, Water Softener
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1956.0
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Wet Bar: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Lake: Yes
  • Appliances:Built-In Gas Range: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Water Body Name: Hyco Lake
  • Roof: Metal
  • Exterior Features: Boat Slip, Dock, Outdoor Shower
  • Fencing: None
  • Acres: 1.21
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Board & Batten Siding, HardiPlank Type
  • Foundation Details: Permanent
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio
  • Lot Features:Landscaped: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Dock: Yes
  • Lot Features:Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront2: Yes
  • Lot Features:Paved: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Exterior Features:Boat Slip2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved
  • Total Parking Spaces: 9.0
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Paved2: Yes
  • Other Structures:Garage(s): Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 9.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Dual, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association #2 Fee: 153.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: PCLA
  • Association Name: Bolton Road
  • Phone: 919-523-2699
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Bolton Road
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 750.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 153.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

  • Ninth Grade High School: Person - Person
  • Middle Or Junior School: Person - Northern

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 52707.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 9959-04-91-6712.000

Tax Info

  • Tax Annual Amount: 11129.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Person - Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2016
Sold by
Mitchell Stanley Robie and Stanley Brenda P
Bought by
Phillips David Lee and Phillips Phyllis Stovall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$320,833
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$951,050

Purchase Details

Closed on
Sep 18, 1997
Bought by
Stanley Robie M and Stanley Brenda P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 Attorney
Deed $124,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Commercial
Closed $400,000 Commercial
Previous Owner $132,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $1,850,000 0.0% $473 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $1,850,000 -- $473 / Sq Ft
Source: Doorify 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 $8,688 $1,079,871 $0 $0
2023 $50 $1,079,871 $0 $0
2022 $8,603 $1,078,739 $0 $0
2021 $5,901 $752,185 $0 $0
2020 $45 $458,331 $0 $0
2019 $46 $608,572 $0 $0
2018 $44 $572,900 $0 $0
2017 $3,247 $444,566 $0 $0
2016 $43 $444,566 $0 $0
2015 $3,233 $444,566 $0 $0
2014 $3,229 $444,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10105394

Doorify MLS

APN: A4-52