Last Sold Price
217,800 Lot Size5 Acres
lot 5 Olive Rd, Stony Point, NC 28678

Description

Beautiful, private, 5-acre wooded building lot in the Riverwalk Subdivision on Lookout Shoals Lake. The lot is located outside the gated section of the subdivision. However, the owner of the lot will be a member of the River Walk HOA and will have access to all lake-front community amenities including a pier and floating dock with boat slips for day-use, boat ramp, beach area, covered water-front structure and parking. A great lot for a private home in the country with access to all the recreation...Beautiful, private, 5-acre wooded building lot in the Riverwalk Subdivision on Lookout Shoals Lake. The lot is located outside the gated section of the subdivision. However, the owner of the lot will be a member of the River Walk HOA and will have access to all lake-front community amenities including a pier and floating dock with boat slips for day-use, boat ramp, beach area, covered water-front structure and parking. A great lot for a private home in the country with access to all the recreation on Lookout Shoals Lake!
LISTING CLOSED: 04/30/2025 12:00 AM

  1. Listed by Kendall Real Estate • pam@kendall-realestate.com

Property Details for Lot 5 Olive Road

Status
MLS #
4235203
Days on Market
3
Taxes
-
HOA Fees
$474 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Lot
Year Built
-
Lot Size
5.00 AC
Waterfront Features
Beach - Private, Boat Slip – Community, Paddlesport Launch Site, Pier - Community
Community Features
Boat Storage, Lake Access, Picnic Area
Subdivision Name
Riverwalk

Location

Add your commute

Building Information for Lot 5 Olive Road

Lot Size5.00 AC

Payment Calculator

$421 per month

30 year fixed, 6.55% Interest

Principal and Interest

$381

Property Taxes

$0

HOA Dues

$40

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 5 Olive Road

Summary
Location and General Information
  • Water Body Name: Lookout Shoals Lake
  • Road Frontage Type: Private Road
  • Longitude: -81.10485861
  • Latitude: 35.78692439
  • Directions: From I-40, exit on Sharon School Road and proceed north. At Sharon Elementary School stay left on Sharon School Road. Continue to Stewart Rock Road and turn left. Proceed to Olive Road and turn left. The parcel is the third lot on the left (For Sale sign posted).
Taxes and HOA Information
  • HOA Name: RiverWalk HOA
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $474.00
  • Tax Assessed Value: $40,590.00
  • Parcel Number: 0063010
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: West Iredell
  • High School: West Iredell
  • Elementary School: Sharon Iredell
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Sq Ft Building Minimum: 1400
  • Lot Features: Private, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 8
  • Road Responsibility: Private Maintained Road
  • Foundation Details Proposed: Basement,Crawl Space,Slab
  • Senior Community YN: No
  • Proposed Special Assessment: No
  • Restrictions: Architectural Review, Square Feet
  • Restrictions Description: Riverwalk HOA
Utilities
  • Sewer: Septic Needed
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Gravel
  • Horse Amenities: None
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for Lot 5 Olive Road

DateEvent & SourcePriceAppreciation
Apr 30, 2025

Closed

CANOPY #4235203

$75,000
Mar 18, 2025

Listed (Active)

CANOPY #4235203

$69,000
DateEvent & SourcePrice
04/30/2025

Closed

CANOPY #4235203

$75,000
03/18/2025

Listed (Active)

CANOPY #4235203

$69,000

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

Schools near Lot 5 Olive Road

This home is within Alexander County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stony Point Elementary
PublicPK to 5

East Alexander Middle
Public6 to 8

Alexander Central High
Public9 to 12

Alexander Early College
Public9 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 5 Olive Road, Stony Point, NC 28678
$75,000
217,800
111,078
2,460
240,887
1,632
217,800
$210,000
3
2
1,640
101,756
$48,000
3
2
1,778
213,444

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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Kendall Real Estate

Based on information submitted to the MLS GRID as of 04/30/2025 04:27 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.