$50k Price Reduction! Motivated Seller!1.41 SUBDIVIDABLE acres! Exceptional opportunity for developers, builders and investors on the cusp of Horse Country in Southern Pines.The lot offers approximately 220' of road frontage, 280' deep.The property is zoned RS-1 by Southern Pines, and the town has already confirmed it could be subdivided under the minor subdivision category.The well to the existing home was installed in 2021. Per Southern Pines utilities overlay, no public water or sewer is currently available.There is a 30' access easement on the left side for the the property to the rear.Attorney has confirmed the easement can also be used for this property as is it is on their property.1.41 acres - level, rectangular, partially cleared with 1930 Folk Victorian Cottage perfectly placed on the right side of the property to allow for additional builds if desired. The cottage could be renovated or demolished depending upon buyers evaluation.Square footage and bedroom count for the home does not include the second story, as the ceiling height is less than 7'. The second story is approximately 506 square feet.This property is subject to a right of first refusal on any accepted offer. The holders of the right of first refusal have 30 days to respond once notice is given.The dwelling and property will be sold in 'as-is' condition. Cash offers are preferred.24-48 hours notice is needed for showing requests.This listing is also entered as a land listing.