Listing provided courtesy of: Keller Williams Realty Cary. P: (919) 882-3200

338 Pedernales Drive

Smithfield, NC 27577
$300,000
  • 1,370 SQFT
  • 3 BEDS
  • 2 BATHS
Status: Active
  • Est. Payment
    / mo

Opportunity awaits with this ranch situated on a rare 1.85-acre lot in Smithfield, with NO HOA. Located in the Arrowhead Pointe subdivision, this property offers significant value-add potential for investors seeking a renovation project with strong upside. The home is in need of updates and repairs, providing an ideal canvas for a full renovation, fix-and-flip, or long-term rental strategy.

The expansive lot creates added opportunity for outdoor improvements, enhanced curb appeal, or storage solutions. The ranch-style layout supports efficient redesign possibilities, maximizing both livability and return on investment.

Enjoy easy access to major highways, shopping, and dining, with a convenient commute to Raleigh and surrounding areas. With steady rental demand and continued growth throughout Johnston County, this property presents an excellent opportunity to capitalize on both short- and long-term investment strategies. Bring your best offer.

PROPERTY DETAILS

  • Price $300,000
  • Price / Sq Ft $219
  • Beds 3
  • Baths 2
  • Bldg/Unit Size (Sq Ft) 1,370
  • Land/Lot Size (Sq Ft) 80,586
  • Land/Lot Size (Acres) 1.85
  • Property Type Residential
  • Floors / Stories 1
  • Year Built 2005
  • MLS Number 10142923

TAXES & HOA

  • Annual Taxes (USD) $2,104
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Information Not Guaranteed. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. © 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Data last updated: 01/26/2026 11:46:29

tmls
{"_id":{"$oid":"66b3e0e2250433ee6ac52bfa"},"id":"VRRaleighTriangleMLS","cell_phone":"","date_created":{"$date":{"$numberLong":"1723064546886"}},"first_name":"Raleigh EmpowerHome","full_name":"EmpowerHome Team","is_custom_agent":true,"last_name":"Team","last_updated":{"$date":{"$numberLong":"1723064546886"}},"middle_name":"","mls":"tmls","office_id":"TM1319","phone":"919.444.8363","post_id":156734,"site_id":"62437b9624a7b061fc4662cf","slug":"raleigh-empowerhome-team","slug2":"raleigh-empowerhome-team-vrraleightrianglemls"}