1176 Folley Road, Elizabeth City, NC, 27909
About This Home
2-acre A1-zoned property offers the perfect canvas for your vision. Tucked away in a quiet, wooded setting with a few cleared areas and retention ponds, you'll enjoy privacy and peaceful surroundings while still being just minutes from downtown shopping, dining, and local activities. The property includes an unfinished tiny home project already in progress. Electrical and plumbing still need completion, along with some groundwork--but that means you have the freedom to finish it your way. Keep it as a cozy primary residence, design the perfect weekend retreat, or create a guest house while you build your dream home on-site. Already in place is a 2-bedroom septic system, opening the door for additional building possibilities. With A1 zoning, restrictions are minimal--so bring your ideas, your builder, and your imagination. Investor? This could be your next flip or rental opportunity. Looking for a getaway? Finish the tiny home and enjoy a private escape near the water. Dreaming bigger? Build your main home and use the tiny home for guests, rental income, or a home office. Located close to a public boat ramp, you'll have easy access to fishing and water sports. Plus, you're conveniently near the U.S. Coast Guard base and within about an hour of multiple military installations in Virginia. Cash or renovation loan likely needed. So...what's your vision?
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Block,Raised,Crawl Space
- Roof: Metal
- Construction materials: Composition,Block,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Built-In Microwave,Refrigerator,Gas Range
- Laundry features: Dryer Hookup,Washer Hookup,In Garage
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Walk-in Shower
- Flooring: Vinyl,Plank
- Attic: None
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Other
Interior Area
- Total structure area: 280
- Total interior livable area: 280 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 8931 499687
- Zoning: A-1
- Special condition: Standard
Features
- Levels: One
- Pool features: None
- Patio & porch: Covered,Front Porch
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
- Living area range: 200 - 399
Lot
- Lot size: 1.93 Acres
- Features: Open Lot,See Remarks,Level,Wooded
- Lot size dimensions: 0000
Parking
- Total spaces: 1
- Parking features: On Site
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Winter Weather
- Hurricane
- Lightning
- Strong Wind
- Coastal Flooding
- Cold Wave
- Heat Wave
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pasquotank County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $556 | $6,672 |
| Home Insurance * | $47 | $564 |
| Property Taxes | $50 | $600 |
| Electricity | $200 | $2,405 |
| Total | $853 | $10,236 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-24 | Listed for sale | $123,000 |
| 2023-05-31 | Sold | $40,000 |
| 2023-05-18 | Pending sale | $45,000 |
| 2023-05-16 | Listed for sale | $45,000 |
| 2023-02-27 | Sold | $30,000 |
| 2023-02-23 | Contingent | $37,500 |
| 2023-01-23 | Pending sale | $34,900 |
| 2022-05-20 | Price change | $34,900 |
| 2022-04-18 | Price change | $37,500 |
| 2022-01-14 | Listed for sale | $39,900 |
| 2022-01-04 | Contingent | $39,900 |
| 2022-01-04 | Pending sale | $39,900 |
| 2021-12-31 | Listed for sale | $39,900 |
| 2018-11-14 | Sold | $13,000 |
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