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$480,000 -$14,900 (-3.01%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 1,304 Sq. Ft.
  • 5.28 Acres
  • Updated 2 days ago
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Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.

Full Property Details for 417 Masontown Rd

General

  • Price: $480,000
  • Taxes: $1,733
  • Status: Active
  • Type: Commercial
  • Source: 2218
  • MLS ID: 10163545
  • Updated: 7/2/2026
  • Added to Site: 66 day(s) ago

Rental Information

  • Lease/Rent Term: Other

Location

  • County: Carteret
  • Driving Directions: US 258 S/US-70 E, right onto Masontown Rd.

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Frame
  • Stories/Levels: 1
  • Building Size: 1304
  • Square Feet: 1,304
  • Year Built: 1956

Lot Features

  • Lot Size (Acres): 5.28
  • Lot Size (Sq. Ft.): 229,996.8
  • Lot Dimensions: irregular

Financial Considerations

  • Price Per Acre: $90,909.09
  • Tax Amount: $1,733.43

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 633919506295000
  • Lot Number: 6339.19.50

Listed by Re/Max Executive, Jamie Purvis (704) 707-6268

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Listing agent

— 417 Masontown Rd —

  • Jamie Purvis

    Re/Max Executive

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 417 Masontown Rd

School District:Carteret County Schools
NameGradesDistance
Newport Elementary School
219 Chatham Street, Newport, NC 28570
K-51.6 mi
Newport Middle School
500 East Chatham Street, Newport, NC 28570
6-82.4 mi
West Carteret High School
4700 Country Club Road, Morehead City, NC 28557
9-127.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 417 Masontown Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/02/2026
Price Reduced
$480,000
-3.01%
MLS
4/29/2026
Listed
$494,900
26.9%
MLS
3/15/2022
Sold
$390,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 417 Masontown Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,541
47%
$740,303
117%
2024
$1,733
-59%
$340,714
—
2022
$4,277
161%
$340,714
—
2021
$1,637
-4%
$340,714
—
2022
$1,705
4%
$340,714
—
2020
$1,645
65%
$340,714
39%
2018
$995
—
$244,970
—
2019
$995
5%
$244,970
—
2016
$946
-13%
$244,970
-52%
2015
$1,086
21%
$505,739
106%
2013
$897
—
$244,970
-50%
2013
$897
—
$492,701
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 417 Masontown Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max Executive, Jamie Purvis (704) 707-6268

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417 Masontown Road, Newport, NC 28570 (MLS# 10163545) is a Commercial property. 417 Masontown Road is currently listed for $480,000 and was received on April 29, 2026. Want to learn more about 417 Masontown Road? Do you have questions about finding other Commercial real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

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