$11,200
SOLD SEP 5, 2025

5117 Pheasant Ln Sanford, NC 27332

0.21 Acre
$53,333 Price per Acre
8,960 Sq Ft Lot

Recently Sold

61% Below List Price

29 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fishing
  • Community Lake
  • Wooded Lot

About This Lot

As of September 2025

This prime location in peaceful Mallard Cove is just steps from the community pool, playground, and newly resurfaced pickleball court. As a resident, you will enjoy convenient access to the North Gate, which connects directly to Cox Mill Road—providing an easy and efficient route in and out of the community.
Carolina Trace is a gated, well-established community offering 24-hour security, access to Lake Trace for non-gasoline-powered boating and fishing, and scenic walking and nature trails.
Optional membership at the private Carolina Trace Country Club unlocks access to two championship golf courses designed by Robert Trent Jones, Sr. along with tennis, a fitness center, and onsite dining—perfect for social gatherings and active living.
Located just minutes from vibrant downtown Sanford and an easy commute to both the Triangle and Fayetteville, this homesite offers a unique opportunity to enjoy natural serenity with access to upscale amenities and a welcoming community.

Last Agent to Sell the Property

MJ Bartlett

Century 21 Triangle Group License #239352 Listed on: 07/25/2025

Century 21 Triangle Group

Last Buyer's Agent

Bill Mcdonald

CAROLINA REAL ESTATE SANFORD License #213357

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $93

Lot Details

  • 8,960 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot
  • Rectangular Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned RR

HOA Fees

  • $23 Monthly HOA Fees

Schools

  • J Glenn Edwards Elementary School
  • East Lee Middle School
  • Lee High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 967028593200

Community Details

Overview

  • Mallard Cove Poa, Phone Number (248) 982-1650
  • Carolina Trace Subdivision
  • The community has rules related to alterations or architectural changes
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$93

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Carolina Trace
  • General Property Information Lot Size Dimensions: see plat book 1 page 189
  • General Property Information Association Fee Required YN: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 248-982-1650
  • General Property Information Senior Community YN: No
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • Utilities Sewer Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source Private6: Yes
  • General Property Information Lot Size Square Feet2: 8960.29
  • Sewer Private Sewer: Yes
  • General Property Information Lot Size Acres: 0.2057
  • Restrictions Architecture: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Residential
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Fishing: Yes
  • Community Features:Restaurant: Yes

Exterior Features

  • Acres: 0.21
  • Lot Features:Wooded: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Rectangular Lot: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Playground, Pool, Restaurant, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 270.0
  • Association Fee Frequency: Annually
  • Association Name: Mallard Cove POA
  • Phone: 248-982-1650
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Mallard Cove POA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 270.0
  • Association Amenities:Sport Court: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Lee - Lee
  • Middle Or Junior School: Lee - East Lee

Lot Info

  • Zoning: RR
  • Current Use: Vacant
  • Lot Dimensions: see plat book 1 page 189
  • Lot Size Sq Ft: 8960.29
  • ResoLotSizeUnits: Acres
  • Parcel #: 967028593200

Tax Info

  • Tax Annual Amount: 95.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Lee - J Glenn Edwards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Buy Hold Sell Llc
Bought by
Owens Daniel and Worthington Monique

Purchase Details

Closed on
Oct 18, 2018
Sold by
Pacapelli Carl
Bought by
Buy Hold Sell Llc
Source: Public Records

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 $7,500 None Listed On Document
Warranty Deed $2,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $11,200 -60.7% --
08/23/2025 08/23/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $28,500 +280.0% --
10/22/2020 10/22/20 Sold $7,500 -6.3% --
09/11/2020 09/11/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $8,000 -- --
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
2025 $93 $12,000 $12,000 $0
2024 $93 $12,000 $12,000 $0
2023 $93 $12,000 $12,000 $0
2022 $59 $7,000 $7,000 $0
2021 $61 $7,000 $7,000 $0
2020 $62 $7,000 $7,000 $0
2019 $62 $7,000 $7,000 $0
2018 $89 $10,000 $10,000 $0
2017 $89 $10,000 $10,000 $0
2016 $89 $10,000 $10,000 $0
2014 $81 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10111658

Doorify MLS

APN: 9670-28-5932-00