Sold
Last Sold Price
1,390,430 Lot Size31.92 Acres
251 Red Wells Rd, Spring Hope, NC 27882
LandProperty Type
31.92 acresLot Size

Description

Prime 31+/- Acres Near Bunn and Springhope! This Gorgeous Property has the Perfect Mix of Open Fields and Pasture Land, Large Mature Trees Providing Lots of Privacy, Trail System, and Rolling Topography. Perfect for a Family Compound, Horses and Rural Living! This Property Is Ideal For a Country Estate or the Land can be Subdivided into Homesites (See Soils Report). This Tract Has Over 850 Feet Of Road Frontage, Easy Access to Bunn Shopping, Schools, etc. Buyer to Pay for Electricity Access to Come...Prime 31+/- Acres Near Bunn and Springhope! This Gorgeous Property has the Perfect Mix of Open Fields and Pasture Land, Large Mature Trees Providing Lots of Privacy, Trail System, and Rolling Topography. Perfect for a Family Compound, Horses and Rural Living! This Property Is Ideal For a Country Estate or the Land can be Subdivided into Homesites (See Soils Report). This Tract Has Over 850 Feet Of Road Frontage, Easy Access to Bunn Shopping, Schools, etc. Buyer to Pay for Electricity Access to Come From Adjacent Property see notes.
  • Listed by: Frank Gombatz 919.696.4249 frank.gombatz@longandfoster.com Brokerage DRE #C6190 • Long & Foster Real Estate INC/North Raleigh
  • Listed by: Gardner Reynolds 919.749.3177 gardner.reynolds@longandfoster.com Brokerage DRE #C6190 • Long & Foster Real Estate INC/North Raleigh
Listing closed: 04/15/2026 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10129891

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Long & Foster Real Estate INC/North Raleigh

Sold By Long & Foster Real Estate INC/North Raleigh

Add your commute

Payment Calculator

$2,508 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,349

Property Taxes

$159

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 251 Red Wells Road

Property Details
  • Taxes: $1,910 / year
  • MLS Type: Land / Unimproved Land
  • Zoning Description: A
  • Waterfront: No
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 31.92 AC
Summary
Location and General Information
  • Zoning: A
  • Directions: From Hwy 39 / Old Hwy 64 East ( In Bunn) Go 3-4 Miles to turn Right on Red Wells Road. Property is on the Left.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.902347
  • Longitude: -78.210392
  • Road Frontage Type: Public Road
  • Road Surface Type: Gravel
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $1,909.88
  • Has City Limits: No
  • Lot Number: 2
  • Has Restrictive Covenants: Yes
Contract Information
  • Has Comp Sale: No
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Franklin - Bunn Elementary
  • Middle Or Junior School: Franklin - Bunn Middle
  • High School: Franklin - Bunn High
Property
Lot Information
  • Lot Features: Cleared, Farm, Many Trees, Pasture, Hardwood Trees, Partially Cleared
  • Lot Size Dimensions: See Tax Map
  • Parcel Number: 2738-44-0341
  • List PriceAcre: 14880.95
  • Road Frontage Length: 850
  • Sold PriceAcre: 13784.46
  • Sold PriceList Price: 0.93
Property and Assessments
  • Possible Use: Agricultural, Cattle, Dairy, Development, Farm, Grazing, Horses, Livestock, Pasture
  • Current Use: Agricultural, Cattle, Dairy, Development, Farm, Grazing, Horses, Hunting, Livestock, Mixed Use, Pasture, Row Crops, See Remarks, Timber, Tree Farm
  • Senior Community: No
Utilities
  • Sewer: Other
  • Utilities: See Remarks
  • Water Source: See Remarks, Need Well
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced, Partial, Wire
Interior Features
  • Additional Equipment: None

Property History for 251 Red Wells Road

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Sold

Doorify MLS (fka Triangle MLS) #10129891

$440,000—
Apr 10, 2026

Sold (Public Record)

Public Record #1935071720

$440,000—
Apr 10, 2026

Sold (Public Record)

Public Record #1934986931

$440,000

+27.3% / yr

DateEvent & SourcePrice
04/15/2026

Sold

Doorify MLS (fka Triangle MLS) #10129891

$440,000
04/10/2026

Sold (Public Record)

Public Record #1935071720

$440,000
04/10/2026

Sold (Public Record)

Public Record #1934986931

$440,000

+27.3% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 251 Red Wells Road

Taxable ValueLand$296,770Additions$730Total$297,500
Tax Record2025$1,800 ($150 / month)
Home Facts
Lot Size1,390,435 SqFtStyleMiscellaneousZoningFCO R-30CountyFRANKLINAPN041518

Schools near 251 Red Wells Road

This home is within Franklin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Bunn Elementary
PublicPK to 5

Bunn Middle
Public6 to 8

Bunn High
Public9 to 12

Franklin County Early College High
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 27882

$294,500 | 8711 Pleasant Grove Church Road, Spring Hope, NC 27882
1/25
New

$294,500

5
Bedrooms
2,128
Square Feet
4.36
Acres
$294,500 | 8711 Pleasant Grove Church Road, Spring Hope, NC 27882
1/25
New

$294,500

5
Bedrooms
2,128
Square Feet
4.36
Acres
$95,000 | Lot 1 Southern Nash High Road, Spring Hope, NC 27882
1/2
New

$95,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres
$145,000 | 1077 Frazier Road, Spring Hope, NC 27882
1/26

$145,000

2
Bedrooms
1,100
Square Feet
1.37
Acres
$333,900 | 2 Thomas Gay Road, Spring Hope, NC 27882
1/47

$333,900

3
Bedrooms
1,694
Square Feet
1.09
Acres
$195,000 | 314 North Pine Street, Spring Hope, NC 27882
1/41

$195,000

2
Bedrooms
921
Square Feet
0.72
Acres
$135,000 | 304 Gum Avenue, Spring Hope, NC 27882
1/23

$135,000

2
Bedrooms
676
Square Feet
0.37
Acres
$219,900 | 213 North Walnut Street, Spring Hope, NC 27882
1/29

$219,900

4
Bedrooms
1,697
Square Feet
0.31
Acres
$290,000 | 5461 Frazier Road, Spring Hope, NC 27882
1/27

$290,000

3
Bedrooms
1,294
Square Feet
0.69
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 251 Red Wells Road, Spring Hope, NC 27882
$440,000
–
–
–
1,390,430
$123,000
–
–
–
1,390,435
–
–
–
–
202,118
$147,000
–
–
–
1,603,879
–
4
2
3,422
5,458,068
$35,100
4
2,052
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate INC/North Raleigh

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.