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$302,000
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Property Description
Positioned within the expanding Spring Lake and Fort Liberty growth corridor, this rare residential investment opportunity consists of four individual single-family homes situated across approximately 4.80± acres with direct road frontage and an established residential footprint in one of Cumberland County's evolving housing markets.Unlike traditional multifamily assets, the property offers the flexibility and privacy of detached residential homes while preserving future adaptability and long-term upside potential. The combination of existing cash flow, land scale, and surrounding development activity creates a compelling opportunity for investors seeking both immediate income and strategic positioning within a market supported by continued population growth, infrastructure expansion, and strong housing demand driven in part by proximity to Fort Liberty.The property currently operates under legacy non-conforming zoning characteristics, creating a unique opportunity for purchasers with land planning, entitlement, redevelopment, or infill development vision to evaluate potential future site refinement and density enhancement strategies through proper planning, engineering, and municipal approval processes. While seller makes no representations or guarantees regarding rezoning, density increases, subdivision, or future entitlements, the overall parcel size, existing residential footprint, and surrounding development trends may support additional long-term upside potential for qualified buyers pursuing strategic redevelopment concepts.Existing rents appear to present future upside potential relative to evolving market conditions, further supporting value-add or long-term hold strategies. Some capital improvements have already been completed, and ownership may consider additional roof improvements with an acceptable offer prior to closing.Property features a combination of public sewer and septic systems and is located within a military-influenced corridor with controlled/restricted airspace due to proximity to Fort Liberty.The Spring Lake market continues to experience ongoing residential growth and increased investor interest, making opportunities with both existing residential income and future land flexibility increasingly limited.Buyer to independently verify all zoning, land use, utility access, infrastructure, rental projections, financing options, development potential, airspace restrictions, and permitted uses. Property sold as-is. No trash service fee; included within property taxes.
Full Property Details
Full Property Details for 560 W Manchester Rd
General
- Sold For: $302,000
- Status: Closed
- Type: Multi-Family
- Source: 2218
- MLS ID: LP760759
- Added to Site: 101 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Vinyl, Tile
Location
- County: Cumberland
- Subdivision: Spring Lake
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Other
- Utility Description: Natural Gas Not Available
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 9592947346
Listed by The Entente Real Estate Group, EMELIA NOA (910) 527-8036
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Schools
Schools serving 560 W Manchester Rd
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Manchester Elementary, Spring Lake, NC 611 Spring Avenue, Spring Lake, NC 28390 | K-5 | 2.3 mi |
Spring Lake Middle 612 Spring Avenue, Spring Lake, NC 28390 | 6-8 | 2.5 mi |
Pine Forest High 525 Andrews Road, Fayetteville, NC 28311 | 9-12 | 6.9 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 560 W Manchester Rd
Date
Details
Price
Change
Source
7/07/2026
Sold
$302,000
-15.88%
MLS
4/15/2026
Listed
$359,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
560 W Manchester Road, Spring Lake, NC 28390 (MLS# LP760759) is a Multi-Family property that was sold at $302,000 on July 07, 2026. Want to learn more about 560 W Manchester Road? Do you have questions about finding other Multi-Family real estate for sale in Spring Lake? You can browse all Spring Lake real estate or contact a Coldwell Banker agent to request more information.

