12961 Gibson Road, Laurinburg, NC 28352

Property Description

**PRICE REDUCED $36,000** Beautiful farmhouse on 30+ acres with $5,400 of billboard income per year! Tax records say built in 1945 but this home may be circa 1920's. This classic Southern style home has a huge wrap around porch, 11+ft ceilings on the main level with spacious rooms & 4 fireplaces, some w/ electric logs. FP's have been capped but have wonderful charm. The eat-in kitchen w/ pantry has been renovated w/ modern conveniences including modern cabinetry & appliances. The primary bedroom w/ ensuite bath and walk-in closet as well as a guest bedroom are located on the main floor. Formal & informal living areas offer space for all with living rm, dining rm, family rm, office/sitting rm & sunroom. The 8x13 laundry room has a built-in desk & sink. Antique heart of pine floors throughout most of the main level. The windows have been replaced & and one large heat pump services the home. The second floor has a large guest bedroom with window seat, loft area, bath & floored walk-in attic storage. This home has ample closets & storage. The home is connected to city water but an old well serves as irrigation. The property was zoned Highway Commerical before its last sale & could most likely be changed back if new owner desires. The location is exceptional for a home occupation or future commercial use. The land is level with wooded & cleared areas- would make a great horse or hobby farm. Other amenities include a large old barn with sheds & overhead storage, an old smoke house, a large shed used as a dog kennel & an old chicken house. There are several mature pecan trees, Muscadine grapes, blue berry bushes, fig trees & persimmon trees. There are some designated wetlands on the parcel. Billboard leases have varying expiration dates: 2 Lamar signs expire 10/1/27, rent is $1,500 per year each; Southern Billboard lease expires 6/1/2037 rent is $1,500 per year; Jersey Mike's sign expires 9-14-27 and is $900 per year. Broker/owner. 25 acres are currently in a farm management program and qualifies for reduced taxes. The new owner can stay in the program if they so choose, and the present forestry management plan will be provided. Billboard leases, forestry plan, etc. are in MLS docs. Great opportunity to own a piece of history for an affordable price!