417 Mason town Road, Newport NC

  • 5.3 ac

For Sale $494,900

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Remarks:

Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.

General Information:

List Price: $494,900
Status: For Sale
Type: Portfolio
Parking: Driveway
MLS Number: CAR4377988
Year Built: 1956
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
06-26-2026 Listed $494,900 N/A
08-24-2025 Listed $370,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Newport Elementary School 1 miles PK-05 9
Havelock Elementary 5 miles KG-05 4
Roger R Bell Elementary 5 miles KG-05 2
Bridges School 7 miles KG-06 N/A
Bogue Sound Elementary School 7 miles PK-05 7
Arthur W Edwards Elementary 8 miles KG-05 8

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
417 Mason town Road, Newport NC 0 mi $494,900 days
1 to 1 of 1 Result

Sold Properties Nearby

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Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28570

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By RE/MAX Executive

    417 Mason town Road, Newport NC is a ft2 on a 5.280 acres Appraisal lot. This is for $494,900. This has bedrooms, baths, and was built in 1956.

    Based on information submitted to the MLS GRID as of 2026-06-26 11:30:25 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.