# Walter Gilbson (Tract No 4) Road, Red Springs, NC 28377

> **TL;DR:** land, $150,000. Est. $802/mo. Listed 90 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Lot Size | 521,413 sqft (11.97 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 90 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $758 |
| Estimated Insurance | $44 |
| **Total** | **$802** |

## Property Highlights

- 11.97 acre lot

## Description

### Agent Description
***Timber has been harvested- seller will be subdividing into 5 lots 2.5 acres approximately each. *****Build your dream home on this beautiful wooded tract offering nearly 500 feet of road frontage! The front approximately 4-5 acres have already been cleared, making the property immediately buildable while still providing the privacy and beauty of the surrounding timber. The remaining acreage is subject to a recorded timber deed, with the seller retaining harvesting rights through December 31, 2027. After that date, all timber rights revert with the property. This is a fantastic opportunity to secure a large homesite now while enjoying future value from the remaining wooded acreage. Plenty of room for a custom home, workshop, recreational use, or mini-farm in a peaceful rural setting. Timber has been harvested- seller will be subdividing into 5 lots 2.5 acres approximately each

## Location

- **Address:** Walter Gilbson (Tract No 4) Road, Red Springs, NC 28377
- **County:** Hoke
- **Coordinates:** 34.89710213, -79.25232928
- **Google Maps:** https://www.google.com/maps?q=34.89710213,-79.25232928

## Listing Agent

- **Name:** MELISSA THOMAS · **License:** 279300
- **Brokerage:** Coldwell Banker Advantage
- **Broker Phone:** (910) 483-5353
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Walter-Gilbson-Rd_Red-Springs_NC_28377_M90106-26538?f=listhub&s=FARNC&m=767038&c=propsimple)

## Photos

![Walter Gilbson (Tract No 4) Road - Photo 1](http://lh.rdcpix.com/5cc33052def825c7b21d097d7167213dl-f1910197652r.jpg)

---

**MLS#:** 767038 | **Updated:** 2026-10-19
**Source:** listhub

*Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/walter-gilbson-tract-no-4-road-red-springs-nc-28377-ca39b1f01d4e4b9ea7e44d1da99a155b)

---

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