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$289,500

1719 Margarita Lane, Sanford, NC 27332
Sanford, NC 27332
Listed by BILL MCDONALD · CAROLINA REAL ESTATE SANFORD
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1986

About this home

CAROLINA TRACE gated Community-Big PRICE DROP! ONLY $289,500 NOW PLUS $10,000 BUYER INCENTIVES/Loan Buydown/ClosingCosts! Hurry! EXCELLENT TUCKED AWAY GOLF FRONT 15th TEE FAIRWAY ! - PRICED ONLY @ $289,500!, w/ BUYER to receive $10,000 towards Concessions/LOAN BuyDown/ Incentives? Seller to invest in another area VACANT-Great HOME for you or INVESTOR RENTAL! $1950 p/mo in PAST YEAR+! JUST NOW REPAINTED INSIDE/ + HVAC & Water Heater 2025, CLEAN in & outside. 3 BdRm 2 Bath + Bonus Space, & MASTER BDRM DOWN/Private BATH. HAS POTENTIAL of 4TH BEDROOM(NEEDS CLOSET!) & you could possibly add another BATHROOM into bonus Room/Office/side room space OR into abutting LG Storage Area!? GREAT Entertaining SPACES & VERY Large Deck(gas line stub) w/ Backyard facing golf course & extra Private Yard Space to the right in the 30 ft non-buildable POA Common Area to one side, thus a neighbor is further off. Feels pretty private! (1 minute Golf Cart Ride around corner to Private POOL TENNIS/PICKLEBALL) Another private BedRoom down & 1 private bedroom upstairs is 3rd Bdrm. OLDER CUSTOM STYLE in TRACE w/ neat FEATURES/Built-ins/& awesome ALL BRICK FirePlace in middle of HOME is all brick 360* showing! & HOME has a vast open feel and lots of light throughout Open Family Dining Area, view, windows off the back! Create your own oasis in backyard! THIS IS ABSOLUTELY the type of HOME for a anyone or starter family, or INVESTOR, "ANYONE" perhaps wanting to update more things make renovations over time & build excellent equity long term! Large Master & Closets. Neat Brick Accents or touches w/ walkaround centered FirePlace 360* exposed brick creates a warm atmosphere in winter times-VAST OPEN VAULTED MAIN Living Area! Kitchen has Corian/Synthetic type countertops leading to pretty awesome LARGE Laundry Room space w/ tons of cabinets/closets. Home ALSO includes Some New Items, repairs, renovations, over recent time/years including most recently HVAC, Water Heater & more! AWESOME opportunity in this ONLY $289,500 PRICE! Plus $10,000 Buyer Incentives or DROP PRICE?!, OFFERING wonderful entertaining flow in first level living w/warm tones of Custom Period FEATURES in TRACE with NEW Light AGREEABLE GRAY PAINT inside weeks ago! VERY NEAR Neighborhood POOL/PickleBall/Tennis - ALL inside the gates of the Carolina Trace Golf Community. Nice Location for this HOME just at end of nice driveway corridor. YOU WILL have Great Feeling of Privacy from inside HOME & outside facing Golf Course. Has been quiet area over the years. Agents contact LA for addtn'l potentials/details! Looks like definite space in front for potential Carport or Garage to be added,(But Check it First?!) Former walking Garden & space in front of the home by previous owner could be GREAT AGAIN w/ someone w/ the eye to envision those additions...Some plantings re-growing now, after needing to be really cleaned/cut down allowing regrowth! A ground level yard deck out from home in front yard could be enhanced & used wonderfully w/ the right PERSONAL TOUCH/Vision. Carolina Trace is a gated 315 Ac Lake Community fishing pond and lake access marina/lake access. that features TWO 18-hole "Robert Trent Jones" Designed Golf Courses. 1719 Margarita is approx 5-6 minutes back to CLUBHOUSE/& Country Club Memberships are available "NO OBLIGATION TO JOIN", for Golf, Social/Dining/Pool/ Foods,Tennis &(Fitness Center 24 hrs)plus much more to offer. All residents have access to the 315 Ac Lake ("ONLY ELECTRIC POWERED" Vessels/Boats-NO gasoline powered permitted). (https://www.carolinatrace.org/p/Property-Owner-Associations-POAs). Great quick access to electronic gated rear entrance to pop in & out of TRACE quickly to ByPass to Ch Hill, RTP, Cary Ft Bragg Lillington. GUARDHOUSE facing Hwy 87. GPS for Carolina Trace Entrance Address is 51 Traceway, Sanford, NC 27332, & phone to GATE GUARDHOUSE (919) 499-2339. MUST have Real Estate Agent with you or a PASS from a RESIDENT to ENTER Carolina Trace!

Property details

MLS
Doorify MLS
MLS #
LP765397
Property type
Single Family Residence
Subdivision
Carolina Trace
Status
Active
Days on market
86
On market date
August 1, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
J Glenn Edwards Elementary
2.6 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
507
Student:teacher ratio
13.3:1
District
Lee County Schools
Middle
East Lee Middle
2.34 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
589
Student:teacher ratio
16.4:1
District
Lee County Schools
High
Lee County High
3.63 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,434
Student:teacher ratio
14.6:1
District
Lee County Schools

Walkability

Blended score for Sanford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

34
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Sanford, from live MLS data.

On the market 86 days -- 28 fewer days than Sanford's current average of 114 days.
For reference, the median list price across 815 active listings in Sanford right now is $330,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,893/mo
$57,900 down
$231,600 loan
Principal & interest$1,502
Property tax (est.)$241
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.