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Residential Land with Home for Sale in Smithfield, North Carolina

338 Pedernales Dr, Smithfield, NC 27577

$300,000
1.85 acres
Active
ago
Est $1,645/mo

Opportunity awaits with this ranch situated on a rare 1.85-acre lot in Smithfield, with NO HOA. Located in the Arrowhead Pointe subdivision, this property offers significant value-add potential for investors seeking a renovation project with strong upside. The home is in need of updates and repairs, providing an ideal canvas for a full renovation, fix-and-flip, or long-term rental strategy. The expansive lot creates added opportunity for outdoor improvements, enhanced curb appeal, or storage solutions. The ranch-style layout supports efficient redesign possibilities, maximizing both livability and return on investment. Enjoy easy access to major highways, shopping, and dining, with a convenient commute to Raleigh and surrounding areas. With steady rental demand and continued growth throughout Johnston County, this property presents an excellent opportunity to capitalize on both short- and long-term investment strategies. Bring your best offer.

1,370
Sq feet
3
Beds
2
Full baths
2005
Built

Location

Street address
338 Pedernales Dr
Community
Arrowhead Pointe
Elevation
201 feet
Coordinates
35.5411, -78.4824

Property details

Acreage
1.85 acres
Zoning
RAG
MLS #
DMLS 10142923
Posted

Property taxes

2025
$2,104 - Lt 38 Arrowhead Pt 65/3341655

Parcels

  • 06G06024V

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Structure

Style
Ranch
Stories
1
Water
Public
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
Materials
Brick Veneer
Roof
Asphalt

Interior

Rooms
Bathroom x 2, Bedroom x 3
Flooring
Carpet, Hardwood

Nearby schools

NameLevelDistrictDescription
Johnston - PolentaElementary
Johnston - Swift CreekMiddle
Johnston - ClevelandHigh

Listing history

DateEventPriceChangeSource
Jan 24, 2026New listing$300,000DMLS
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This 1.85-acre property is located at 338 Pedernales Dr in Smithfield, NC 27577. The property is available for sale for $300,000. It has a 1,370 sq ft 3 bedroom, 2 bath house built in 2005.

Checked 7 hours ago — Updated

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