Attention all buyers, investors, and opportunity seekers! If you’ve been searching for a property with built-in equity potential and the chance to add value, this is one you won’t want to miss. Priced tens of thousands below full market value, this home offers a rare opportunity to secure a property in an established neighborhood at a significant discount.
Located in the desirable Kinwood neighborhood—adjacent to Methodist College and conveniently positioned on the Ramsey Street side of town—this property combines location, space, and recent updates with the opportunity to finish what’s been started. With close proximity to I-95, I-295, downtown, and Fort Bragg, you’ll enjoy easy access to major routes, employment centers, shopping, dining, and everyday conveniences.
This home is being sold as-is, but the seller is open to lender-required repairs, making it a viable option for buyers using renovation-style financing. Due to foundation concerns, the ideal buyer will be someone prepared to take on improvements—whether through a construction loan, VA renovation loan, or similar financing option. According to RamJack, additional foundation work is needed following earlier repairs, with an estimated cost of approximately $28,000. This is already reflected in the pricing, giving buyers a clear path to building equity.
Despite this, the home has seen extensive updates in 2025, offering a strong head start for the next owner. Step inside and you’ll immediately notice the fresh interior paint, new carpet, and durable luxury vinyl plank (LVP) flooring that give the home a clean, modern feel. Many fixtures have been updated, along with outlets and switches, enhancing both style and functionality throughout the space.
The kitchen is a standout feature, thoughtfully refreshed with stainless steel appliances, a stylish subway tile backsplash, updated laminate countertops, and a new sink. It’s a bright and functional space that balances modern touches with everyday practicality. One of the most impressive features? Two separate pantries, providing exceptional storage that’s hard to find and perfect for busy households or those who love to cook and entertain.
The layout of the home is both spacious and versatile, offering multiple living areas and comfortable bedroom accommodations. The owner’s suite is designed with convenience in mind, featuring two closets to ensure ample storage and organization. Additional bedrooms provide flexibility for family, guests, home office space, or hobbies.
A powder room and dedicated laundry room are conveniently located just off the two-car garage, adding to the home’s functional design. Speaking of the garage, it includes newly updated garage doors, contributing to both curb appeal and usability.
Outside, the home continues to impress. A large front porch creates a welcoming first impression and offers a perfect spot to relax, unwind, and enjoy the neighborhood. Whether you’re sipping your morning coffee or enjoying a quiet evening, this space adds charm and livability.
The backyard is fully fenced, providing privacy and security for pets, children, or outdoor gatherings. Mature trees offer shade, creating a comfortable outdoor environment even during warmer months. There’s plenty of room here to create your own outdoor oasis—whether that means adding a patio, fire pit, garden, or play area.
Additional updates include exterior trim paint and partial driveway improvements, helping to enhance the home’s overall appearance. Major systems also provide a solid foundation: the water heater was replaced in 2022, the roof (with architectural shingles) dates to 2014, and the HVAC systems were installed in 2010.
All of these features combine to create a property that is already well on its way to being a standout home—while still leaving room for the next owner to add value and make it their own.
This is truly a prime opportunity for investors looking to flip, rent, or hold, as well as owner-occupants who are willing to invest some work in exchange for immediate equity. With the right improvements, this home has the potential to significantly increase in value, especially given its location in an established and convenient neighborhood.
It’s important to approach this property with a clear understanding of its needs. The foundation repair is a key factor, and buyers should be prepared to address it. However, for those who see the bigger picture, this represents a chance to purchase below market value and create something special.
Imagine the possibilities: a beautifully updated home with modern finishes, strong structural integrity, and a location that supports long-term value. Whether your goal is to renovate and resell, create a long-term rental, or move in and build equity over time, this property offers the flexibility to achieve it.
The Kinwood neighborhood is known for its established feel and convenient location, making it attractive to a wide range of buyers and tenants. Being close to Methodist College adds further appeal, while easy highway access ensures that commuting and travel are simple and efficient.
Opportunities like this don’t come around often—especially in today’s market. A property with this level of updates, priced significantly below market, and located in a desirable area is bound to attract attention quickly.
If you’ve been waiting for the right investment or the perfect project home, this is your moment. Bring your vision, your contractor, and your financing strategy, and turn this property into a success story.
Schedule your showing today and explore the potential firsthand. With the right approach, this home could become a valuable asset and a rewarding investment for years to come.
From Zillow