
Residential Land with Home for Sale in Smithfield, North Carolina
338 Pedernales Dr, Smithfield, NC 27577
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.
Location
- Street address
- 338 Pedernales Dr
- County
- Johnston County
- Community
- Arrowhead Pointe
- Elevation
- 201 feet
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
Lt 38 Arrowhead Pt 65/3341655
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
| Name | Level | District | Description |
|---|---|---|---|
| Johnston - Polenta | Elementary | — | — |
| Johnston - Swift Creek | Middle | — | — |
| Johnston - Cleveland | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 24, 2026 | New listing | $300,000 | — | DMLS |