5122 Pheasant Lane, Sanford, NC 27332
$240,000

Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,588
Lot Size (sq. ft.):
16,117
Status:
Closed
Current Price:
$240,000
List Date:
4/17/2025
Last Modified:
1/19/2026
Description
Welcome to a great home bursting with potential on a DOUBLE LOT, on a cul-de-sac in the sought-after Carolina Trace community! This charming 3-bedroom, 2-bath, property offers a fantastic opportunity for those looking to bring their vision to life. Step inside to find a spacious living room with vaulted ceilings, a cozy fireplace, and large windows that flood the space with natural light. The kitchen, complete with a breakfast nook and generous pantry, opens to a formal dining room featuring a built-in china cabinet—perfect for gatherings and celebrations.
The primary suite includes a walk-in closet and double-sink vanity for everyday comfort. Outside, the back deck invites you to relax and enjoy the wooded views, perfect for morning coffee or summer evenings. Located in the desirable Mallard Cove section of Carolina Trace with pool and playground right down the street. Become a CTCC member and you'll enjoy all the amenities this private, gated community has to offer— tennis courts, championship golf courses, a 315-acre lake, walking trails, club house and the welcoming atmosphere.With a little TLC and creativity, this home can shine once again. Bring your ideas and make this house your own!
More Information MLS# 100501771
Building/Ext Features
ud_i_08: 1
Property Interior Info
Total SqFt - Heated (Primary + Separate): 1588
# Rooms: 6
# Baths - Full: 2
# Baths - Half: 0
# Baths - Total: 2
Master Bedroom Level: Primary Living Area
Stories: 1
Fireplace Y/N: Yes
SqFt - Heated (Primary): 1588
# Bedrooms: 3
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 157.43
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2025-04-17
Listing Price: 250000
Current Price: $240,000
Location Information
City Limits: No
Marketing City: Sanford
Street #: 5122
Street Name: Pheasant
Street Suffix: Lane
County: Lee
State/Province: NC
Zip Code: 27332
Subdivision: Carolina Trace
Geo Lat: 35.422619
Geo Lon: -79.092199
Remarks and Showing
Sign on Property: Yes
Directions to Property: *USE THE VISITOR GATE ENTRANCE AT NC-87 and Traceway South, Sanford NC*N on 87
Left on TRACEWAY N
Right on ROYAL DR
Left on Cardnal CIR
Right on PHEASANT LN
House is on LEFT
Property Exterior Info
New Construction: No
Lot Acres: 0.37
Lot Dimensions: 60x17x118x181x116x30x23
Lot SqFt: 16117
Waterfront: No
Waterview: No
Location Type: Mainland
Horses Y/N: No
Legal & Taxes
Tax Assessed Value: 246800
Total Real Estate Property Taxes: 2070
Deed Book: 789
Deed Page: 232
Legal: LOT 5122 MALLARD COVE 111
Broker Owner: No
PID: 9670-28-6706-00
Tax Identifier: 9670-28-6706-00
Plat Book: 1
Plat Page: 188
Lot #: 5122/5121
Special Assessments: NONE
Tax Year: 2024
Zoning: RR
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: No
School District: Lee County Schools
Elementary School: J. Glenn Edwards Elem
Middle School: East Lee Middle
High School: Lee County High
Garage & Parking
Attached Garage Spaces: 2
Detached Garage Spaces: 0
Total # Garage Spaces: 2
Total Carport Spaces: 0
Parking Features
Garage Door Opener: 1
Garage Faces Front: 1
Paved: 1
HOA and Neigh Amenities
Community Pool: 1
Gated: 1
Maint - Comm Areas: 1
Maint - Grounds: 1
Maint - Roads: 1
Picnic Area: 1
Playground: 1
Trail(s): 1
HOA
Association Fee 1/Year: 1215
Association Name: Mallard Cove Property Owners Association
Association Phone: 9194992339
Attic
Stairs - Pull Down: 1
Basement
None: 1
Construction
Wood Frame: 1
Current Service Providers
Electric Provider: Duke Energy
Fuel Vendor Provider: Amerigas
Internet Service Provider(s): Spectrum/Windstream
Sewer Provider: Carolina Water Service Inc
Trash Provider: TBD
Water Provider: Carolina Water Service Inc
Exterior Finish
Brick Veneer: 1
Vinyl Siding: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
See Remarks: 1
Fencing
None: 1
Foundation
Crawl Space: 1
Flooring
Carpet: 1
Wood: 1
Fuel Tank
Fuel Tank: 1
Above or Below Ground: Above Ground
Fuel Type: Propane
In Use: Yes
Owned or Leased: Leased
Lessor Name and Contact: Amerigas
Patio and Porch Features
Deck: 1
Porch: 1
Roof
Composition: 1
Shingle: 1
Levels
One: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Private Road: 1
Lot Features
Corner Lot: 1
Cul-De-Sac: 1
Interior Lot: 1
Cooling
Central Air: 1
Heated SqFt
1400 - 1599: 1
Heating
Fireplace Insert: 1
Fireplace(s): 1
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Appliances/Equip
Built-In Microwave: 1
Dishwasher: 1
Electric Oven: 1
Refrigerator: 1
Furnished
Unfurnished: 1
Interior Features
Ceiling Fan(s): 1
Gas Log: 1
Master Downstairs: 1
Pantry: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Hookup - Dryer: 1
Hookup - Washer: 1
In Hall: 1
Laundry Closet: 1
Dining Room Type
Combination: 1
Formal: 1
Rooms
Bedroom 2: 1
Bedroom 2 Level: Main
Bedroom 3: 1
Bedroom 3 Level: Main
Breakfast Nook: 1
Breakfast Nook Level: Main
Dining Room: 1
Dining Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Other: 1
Other Level: Main
Legal Taxes
Year Built: 2002
Status Change Info
Under Contract Date: 2025-04-20
Sold Price: $240,000
Sold Date: 2025-05-28
Property Features
Attic: Stairs - Pull Down
Basement: None
Construction: Wood Frame
Exterior Finish: Brick Veneer; Vinyl Siding
Fencing: None
Foundation: Crawl Space
Fuel Tank: Fuel Tank
Parking Features: Garage Door Opener; Garage Faces Front; Paved
Patio and Porch Features: Deck; Porch
Roof: Composition; Shingle
Levels: One
Lot Features: Corner Lot; Cul-De-Sac; Interior Lot
Cooling: Central Air
Heating: Fireplace Insert; Fireplace(s); Forced Air; Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Carpet; Wood
Furnished: Unfurnished
Interior Features: Ceiling Fan(s); Gas Log; Master Downstairs; Pantry; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: Hookup - Dryer; Hookup - Washer; In Hall; Laundry Closet
Heated SqFt: 1400 - 1599
Dining Room Type: Combination; Formal
HOA and Neigh Amenities: Community Pool; Gated; Maint - Comm Areas; Maint - Grounds; Maint - Roads; Picnic Area; Playground; Trail(s)
Rooms: Bedroom 2; Bedroom 3; Breakfast Nook; Dining Room; Kitchen; Living Room; Master Bedroom; Other
Terms: Cash; Conventional; FHA; See Remarks
Room Information
Living Room
Length: 16.00
Width: 19.00
Level: Main
Kitchen
Length: 10.00
Width: 12.00
Level: Main
Breakfast Nook
Length: 10.00
Width: 7.00
Level: Main
Dining Room
Length: 10.00
Width: 9.00
Level: Main
Master Bedroom
Length: 15.00
Width: 13.00
Level: Main
Bedroom 2
Length: 15.00
Width: 10.00
Level: Main
Bedroom 3
Length: 9.00
Width: 10.00
Level: Main
Other
Length: 9.00
Width: 9.00
Level: Main
Remarks: Sunroom
Other
Length: 6.00
Width: 6.00
Remarks: Foyer
Listing Office:
Everything Pines Partners LLC
IDX
Last Updated: January - 19 - 2026
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