Improved Land for Sale in Wallace, North Carolina

This incredible package includes a truly rare opportunity to purchase a 20 acre tract on Stokestown Road in Wallace featuring two brand new cottages, extensive development potential, and absolute freedom of use with no HOA or restrictive rules. The land has already been cleared and is ready to be transformed into pastures, gardens, or open recreational space, making it ideal for equestrian use, farming, or private rural retreats. None of this land is in a flood zone requiring insurance; All in X! The property includes four additional septic permits, allowing for the creation of a private family compound, retreat, rental community, or future subdivision. Duplin County has confirmed the tract can be divided into up to six lots without subdivision rules or has potential to be even more with your development plan, providing flexibility to sell homes individually, create buildable lots of any size or configuration, or develop a custom layout tailored to your vision. The seller will consider an allowance toward surveying and subdividing and may also consider selling a smaller portion of the property--reach out for details and with offers. The two never occupied cottages were just completed and offer quality construction with thoughtful design throughout. Each 2 bedroom, 1 bath home features luxury vinyl plank flooring throughout, quartz countertops, solid wood cabinetry, and beautiful cypress ceilings that add warmth and character. Both homes offer covered and uncovered porches and decks, extending the living space outdoors. Each cottage is fully equipped with brand new appliances, including washers, dryers, and refrigerators, making them completely turnkey and ready for immediate occupancy or rental use. Ideally located, the property is approximately 6 miles from the Interstate 40 on ramp at Exit 385 on NC 41, providing convenient east west access. Shopping, dining, and everyday conveniences in Wallace are just minutes from the property. Whether seeking a legacy estate, income producing opportunity, or long term investment with exceptional flexibility, this offering combines land, infrastructure, location, and freedom in a way that is increasingly difficult to find.