Active Price Reduced 135 days on market

1176 Folley Road, Elizabeth City, NC 27909

Elizabeth City, NC 27909 · Pasquotank County

Subdivision: N/A

$110,000
$393 / sq ft
Was $123,000
1
Beds
1
Baths
280
Sq Ft
1.93
Acres
2024
Built
1
Garage

About This Property

2-acre A1-zoned property offers the perfect canvas for your vision. Tucked away in a quiet, wooded setting with a few cleared areas and retention ponds, you'll enjoy privacy and peaceful surroundings while still being just minutes from downtown shopping, dining, and local activities. The property includes an unfinished tiny home project already in progress. Electrical and plumbing still need completion, along with some groundwork--but that means you have the freedom to finish it your way. Keep it as a cozy primary residence, design the perfect weekend retreat, or create a guest house while you build your dream home on-site. Already in place is a 2-bedroom septic system, opening the door for additional building possibilities. With A1 zoning, restrictions are minimal--so bring your ideas, your builder, and your imagination. Investor? This could be your next flip or rental opportunity. Looking for a getaway? Finish the tiny home and enjoy a private escape near the water. Dreaming bigger? Build your main home and use the tiny home for guests, rental income, or a home office. Located close to a public boat ramp, you'll have easy access to fishing and water sports. Plus, you're conveniently near the U.S. Coast Guard base and within about an hour of multiple military installations in Virginia. Cash or renovation loan likely needed. So...what's your vision?

Property Details

TypeSingle Family Residence
Living Area280 sq ft
Lot Size1.930 acres
Year Built2024
Total Rooms3
Waterfront No
Parcel8931 499687

Interior & Exterior

FlooringVinyl, Plank
HeatingOther, Electric
CoolingOther
RoofMetal
ConstructionComposition, Block, Wood Frame
AppliancesBuilt-In Microwave, Refrigerator, Gas Range
ParkingOn Site

Interior Features

Walk-in Shower

Schools

Elementary J.C. Sawyer Elementary
Middle River Road Middle School
High School ECP Early College High School

Tax & Assessment

Assessed Value$48,500
Annual Tax$301 (2023)
Monthly Tax Est.$25/mo

MLS# 100549526 · HIVE MLS via SourceRE · Last updated: May 26, 2026 at 1:08 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.