Lot 4 Cedar Lane

Description

Exceptional opportunity for your future waterfront property. This 1.3 acre lot fronts directly on the Pungo Creek, known for its year-round fishing and recreation opportunities. There is a wide array of beautiful wildlife to spend your time watching. It has an active conventional septic permit in place for up to a 4-bedroom home. This lot is priced well below the tax value for a quick sale. Seller will consider Seller Financing. This location is perfectly situated just upstream from the Highway 99 bridge for protection from wave action during severe storms. A local pier contractor estimated a $40,000 cost to build a pier over the marsh to the navigable water. Beaufort County water AND Tideland Electric Coop service is underground at the road frontage. Select the mature shade trees that you want to keep and you can jump right into building your new home. The community is only 7 lots with only one house built. The original HOA has been inactive for many years and there are no HOA fees. The community restrictive covenants require 1,800 sf minimum of heated space. Stick-built and modular homes are welcomed but manufactured homes are not allowed.