$419,900
 $2,190 est/mo Sourced by Back At You

1556 Farrow Fork Road,Engelhard, NC 27824

Engelhard, NC 27824

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Description

Welcome to the Gator Hole, a rare waterfront retreat where endless possibilities meet the natural beauty of coastal Hyde County. Set on more than two acres, this one-of-a-kind property offers a unique combination of privacy, income potential, recreation, and multi-generational living opportunities. Whether you're searching for a private family compound, an income-producing investment, a hunting and fishing lodge, vacation retreat, or a combination of all four, The Gator Hole delivers exceptional flexibility with three separate residences and an impressive collection of outbuildings and amenities. The primary residence features 3 bedrooms and 2 baths, highlighted by a spacious owner's suite complete with a private office, ensuite bath, and dual walk-in closets. A welcoming foyer opens into expansive living and dining areas designed for gathering, entertaining, and making memories. Step outside to the rear deck and enjoy peaceful waterfront views, abundant wildlife, and the soothing sounds of nature that make every morning feel like a getaway. A second 3-bedroom, 2-bath home provides immediate income-producing potential and is currently utilized as a rental property. Guests and tenants alike will appreciate the inviting screened front porch--an ideal place to relax and enjoy the coastal breeze in any season. Adding even more versatility, a charming 1-bedroom, 1-bath manufactured home is tucked away at the rear of the property. Perfect as a guest cottage, short-term rental, caretaker's residence, private office, or personal retreat, this additional living space creates countless opportunities for owners and investors alike. Beyond the residences, The Gator Hole truly shines with amenities that are increasingly difficult to find. Launch directly from your own private boat ramp and enjoy quick access to the Pamlico Sound, renowned for world-class fishing, boating, waterfowl hunting, and outdoor recreation. Multiple outbuildings--including a large storage building, garage, and historic crab house--offer abundant space for equipment, hobbies, workshops, boat storage, or future creative uses. RV hookups further enhance the property's flexibility for guests, travelers, or additional income opportunities. From family gatherings and waterfront adventures to rental income and future development possibilities, The Gator Hole offers a lifestyle and investment opportunity unlike anything else on the market. This is more than a property--it's a coastal legacy waiting for its next chapter.

Details

MLS #100581458
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2004
Days On Site70
Listing Provided ByLime Rock Realty | Janice Harris

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,979
Story(s)1
ZoningAgricultural District
Acreage2.02
Water FrontBoat Ramp, Bulkhead, Canal Front
Property ViewCanal, Water

Interior

Interior FeaturesWalk-in Closet(s), Whole-Home Generator, Blinds/Shades, Walk-In Closet(s)
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace Yes / NoNo
Laundry FeaturesDryer Hookup, Washer Hookup, Laundry Room
FurnishedUnfurnished
Rooms Total7

Exterior

RoofArchitectural Shingle
Foundation DetailsBlock, Raised, Crawl Space
Lot FeaturesBoat Ramp, Bulkhead
Waterfront FeaturesBoat Ramp, Bulkhead, Canal Front
ViewCanal, Water
Construction MaterialsWood Siding, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesGravel, Concrete, On Site

Utilities

UtilitiesWater Connected

Taxes

Tax Assessed Value344871
Tax Book NumberN/A
Tax Legal Description8684-92-1421
Tax Year2025

Area Information

StateNC
CountyHyde
CityEngelhard
Zip Code27824
Elementary SchoolMattamuskeet
High SchoolMattamuskeet
Listing VS Median (in 27824)
Price:
$419,900
low | high
Med:
$206,250
100% of Average
sqft:
1,979
low | high
Med:
1,431
77.690752905508% of Average
$ / sqft:
$212
low | high
Med:
$156
76.702300984716% of Average
On site:
70
low | high
Med:
89
78.651685393258% of Average
Sourced by Back At You

Market Activity 27824

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Learn More About This Property

StateNC
CountyHyde
CityEngelhard
Zip Code27824
Elementary SchoolMattamuskeet
High SchoolMattamuskeet
Listing VS Median (in 27824)
Price:
$419,900
low | high
Med:
$206,250
100% of Average
sqft:
1,979
low | high
Med:
1,431
77.690752905508% of Average
$ / sqft:
$212
low | high
Med:
$156
76.702300984716% of Average
On site:
70
low | high
Med:
89
78.651685393258% of Average
Sourced by Back At You
Listing Updated: August 20, 2026 at 11:32:12 PM PDT