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8589 McGhees Mill Rd, Semora, NC, 27343

4beds
5baths
5,942sqft
$5,900,000
$993price/sqft
$34,670/moest. monthly cost
$1,386,800/yrincome needed

About This Home

Offering a Dream Lifestyle for the equine enthusiasts, this is an exceptional opportunity to live or own property at the finest Equestrian Property at Hyco Lake! Enjoy luxury in this pristine and private setting with over 129 acres of beauty. This exquisite assemblage includes a 6,000 sq. ft. estate home, elite class equestrian facilities, multiple barns, apartments for staff, luxury accommodations for guests, and more. This sporting lifestyle property package is mostly fenced, fiber internet connected for security and entertainment, supported by backup generators, and is very exclusive and private with stunningly maintained and groomed landscapes, 2 ponds, and features that blend harmoniously with natural areas and the lake. This is the perfect property for celebrities wanting privacy, for weddings and events, or for a retreat center. With many additional storage and support barns and sheds, outdoor riding ring, skeet range, frisbee golf, and miles of trails, this assemblage is ready for acquisition by new owners with minimal transition. The additional lake front lot could be for a future shared boathouse, and soils work is forthcoming on a separate 10 +/-acre wooded lot for additional home sites or riding trails.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

8/10
Woodland ElementaryGrades K-54.3 mi
2/10
Northern MiddleGrades 6-87.4 mi
2/10
Person High SchoolGrades 9-128.3 mi

Construction

Condition

  • Year built: 2015

Materials

  • Foundation: Other
  • Roof: Metal
  • Construction materials: See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Single Family Residence,Residential

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete, Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Marble,Tile,See Remarks
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Outside
  • Fireplace: Yes
  • Finished area below ground: 276
  • Finished area above ground: 5,666

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Ceiling Fan(s),Central Air,Zoned

Interior Area

  • Total structure area: 5,942
  • Total interior livable area: 5,942 sqft

Property

Details

  • Parcel number: 908004542729
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 3
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Lake,Lake Front,Waterfront
  • Waterbody name: Hyco Lake

Lot

  • Lot size: 129 Acres
  • Lot size dimensions: irreg/suggest survey

Parking

  • Total spaces: 8
  • Parking features: Garage - Attached,Open
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Drought
Hail
Hurricane
Heat Wave
Ice Storm

FEMA Declared Disasters in Person County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $29,833$357,996
Home Insurance *$1,059$12,708
Property Taxes $3,225$38,700
Electricity $553$6,641
Total$34,670$416,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,188,685/yr
40% on housing$1,040,100/yr
45% on housing$924,533/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$993This listing

vs Other Active Listings

Avg $/sqft

ZIP 27343$309
Person County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 27343$402
Person County$176

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-28Listed for sale$5,900,000

For Sale by Agent

AgentFrank Gombatz
BrokerageLong & Foster Real Estate INC/Brier Creek

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