338 Federal Lane

**HUGE PRICE REDUCTION!** Great waterfront property for sale on the Pungo River. This unique 5.6 acre property is a must see. Located in ''The Preserve'' subdivision this 2048 sq. ft. home has unbelievable views of the Pungo river and Pamlico sound. The home has three bedrooms and one full bath and two half baths. All appliances are fairly new with a spacious kitchen and dinning area that face the river. The home is heated and cooled with five mimi-split systems so each area of the home can be controlled as needed. The water source is a solar powered well with a Kinetico system installed. There is a newly installed in-ground pool that really adds a nice touch. There is an unfinished area under the house that has been closed in that could be used for a shop plus a room has been added for overflow of guest if needed. The property shoreline is bulkheaded with rip-rap and has a cement cover cap plus a nice cement pier with boathouse and boat lift giving easy access to the river and sound. An outside shower has been recently added by the foot of the pier. The seller has just built a 30' X 40' shop with plenty of room to store boats and outdoor equipment. The lot were the house is has been built up high enough to decrease the threat of flooding. This property is being ''SOLD AS IS'' due to health issues. There are some finishing touches that are needed such as baseboards, crown moulding, etc. The seller plans on finishing as much as possible but will be very limited on what he will be able to do.