Sanford Historic Front Elev 09-27-06 (1)
Site Plan - 4 townhomes (1).pdf
Sanford Historic Side Elev 09-27-06 (1).
IMG_8843
4 photos

$337,500

0 N Gulf Street, Sanford, NC 27330
Sanford, NC 27330
Listed by Carrie Guerreiro · Hearthstring Realty INC.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Approved 4-Unit Townhome Development - Shovel Ready w/ Architectural Plans Rare opportunity to acquire a fully approved, shovel-ready townhome project in the growing Sanford market. This offering includes two contiguous parcels totaling ±0.55 acres with approved plans and front elevation renderings for four (4) townhomes with garages. The proposed design features a thoughtful, historically inspired architectural style that aligns with the character of the surrounding area--an increasingly important factor for buyer appeal and long-term value. Elevations and plans are available, allowing a builder to move quickly from closing to construction. The site is flat, cleared, and utilities are available, minimizing upfront development costs and eliminating much of the typical entitlement timeline and risk. Located just off N. Gulf Street near downtown Sanford, this property is ideally positioned to benefit from ongoing growth and demand for quality attached housing. Highlights: Approved for 4 townhomes (garage units) Architectural plans + front elevation rendering included ±0.55 acres (2 parcels) Flat, cleared site Utilities available Infill location near downtown Sanford Reduced entitlement risk → faster path to vertical construction Builder/Investor Opportunity: With approvals and design already in place, this project offers a streamlined path to development--ideal for builders seeking efficient deployment of capital in a growing market. Suitable for build-to-sell or build-to-rent strategies. 2nd Lot 10 Not listed also priced: $337,500, total both lots: $675,000

Property details

MLS #
10076514
Property type
Unimproved Land
Subdivision
Rosemont
Status
Active
Days on market
558
On market date
February 14, 2025
Stories
N/A
Garage spaces
N/A
Lot size
0.29 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
BT Bullock Elementary
1.49 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
452
Student:teacher ratio
13.3:1
District
Lee County Schools
Middle
West Lee Middle
1.96 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
679
Student:teacher ratio
16.6:1
District
Lee County Schools
High
Lee County High
2.47 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

Mortgage calculator

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Est. monthly payment
$2,182/mo
$67,500 down
$270,000 loan
Principal & interest$1,751
Property tax (est.)$281
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

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.