338 Pedernales Drive
Smithfield, NC 27577Opportunity awaits with this ranch situated on a rare 1.85-acre lot in Smithfield, with NO HOA. Located in the Arrowhead Pointe subdivision, this property offers significant value-add potential for investors seeking a renovation project with strong upside. The home is in need of updates and repairs, providing an ideal canvas for a full renovation, fix-and-flip, or long-term rental strategy. The expansive lot creates added opportunity for outdoor improvements, enhanced curb appeal, or storage solutions. The ranch-style layout supports efficient redesign possibilities, maximizing both livability and return on investment. Enjoy easy access to major highways, shopping, and dining, with a convenient commute to Raleigh and surrounding areas. With steady rental demand and continued growth throughout Johnston County, this property presents an excellent opportunity to capitalize on both short- and long-term investment strategies. Bring your best offer.
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Construction Materials Brick Veneer
- Garage Y/N Yes
- Lot Size Acres 1.85
- Structure Type House
- Above Grade Finished Area 1,370
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Hardwood, Carpet
- Heating Forced Air
- Heating Y/N Yes
- Rooms Total 1
- Tax Annual Amount 2103.69
- Water Source Public
- Year Built 2005
Additional Property Information
- TypeSingle Family Residence
- Built2005
- NeighborhoodArrowhead Pointe
- CountyJohnston
- AreaSmithfield
- Elementary SchoolJohnston - Polenta
- Middle SchoolJohnston - Swift Creek
- High SchoolJohnston - Cleveland
Listing courtesy of Keller Williams Realty Cary. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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