111 Beaufort Dr, Havelock, NC 28532
DETAILS
Type: Single Family — Needs to Be Demolished
Bedrooms / Baths: 3 bed / 1 bath (structure, to be removed)
Living Area: 1,348 sq ft
Year Built: 1965
Lot Size: 0.395 acres / 17,222 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Vacant, needs to be demolished
Closing Date: 08/24/26
Closing Attorney: Atlas Orange
Asking Price: $40,000
Flood zone is Low Risk, tax value is $40,020 with annual taxes of $538 (Parcel ID 6-061-018).
LAND COMPARABLE SALES
114 Carolina St, Havelock, NC 28532 — 0.46 acres — $70,000 ($152,174/acre) — Sold July 2026, vacant land
1335 E Main St, Havelock, NC 28532 — 0.70 acres — $89,000 ($127,143/acre) — Sold September 2025, vacant land
Comp Average: ~$79,500
Our Price: $40,000
Spread to Comp Avg: ~$39,500
OVERVIEW
This 0.395-acre lot (structure to be demolished) is priced at $40,000, well below comparable vacant land sales in the immediate Havelock area. Havelock is home to MCAS Cherry Point, which is undergoing a major decade-long expansion — becoming the nation’s largest F-35 joint strike fighter base, with three new maintenance hangars and six new Marine squadrons arriving by 2028. This base expansion is a significant, ongoing driver of housing demand in Havelock, making this a well-timed land opportunity to build new or hold.
Source: MSN — Cherry Point Growth for Havelock and New Bern
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. $495 transaction fee payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing. No clean-out or clean-up of any kind will be completed. Property will not be broom clean at closing.
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.