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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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